[OFFICIAL] Hang Seng Index

[ThorOdinson]

anyone trading the Hang Seng Index?

looks set to be entering re-tracement.

Shorted last Friday at 23,153 (opening). Current level at 22937.

 

[ThorOdinson]

How about shorting SPY index??

Sent from lalaland using GAGT

SPY is S&P 500 right?

not that sure, nvr see. but i believe HSI is long overdue for retracement, plus pinbar has been formed.

 

[ThorOdinson]

no HSI traders?

 

[OngHuatHuat]

I think Monday will continue to Chiong higher leh.

 

[ThorOdinson]

I think Monday will continue to Chiong higher leh.

rationale?

tech analyis?

 

[OngHuatHuat]

Dunno, just my feeling only.

rationale?

tech analyis?

 

[ThorOdinson]

shorts closed at 22,744.

moving my attention to nikkei 225.

 

[ThorOdinson]

Shorted hang seng index @ 23,267. Target 22,800. Stop loss 23,500

 

[ThorOdinson]

holding on by a tread lol

 

[ThorOdinson]

ok, as some of u might be aware, i closed my nikkei shorts earlier today and shorted the Hand Seng Index. I shorted at 23, 267 with a target of 22,800 and a stop loss at 23, 500. HSI actually moved up and closed at 23,335. THis actually means a higher HOD was made after I made my short, which of course, is not good for me.

however, it actually closed under the highs, meaning that it is still not a breakout indicator. the bearish channel is also not invalidated, tho nearly.

of course if US is green tonight, it might bring HSI up even more, though quite frankly, HSI has been on a mad steroids run for no reason. it is long overdued for a retracement.

 

[jes205]

u only started trading during electronic or were u from Simex?

 

[ThorOdinson]

u only started trading during electronic or were u from Simex?

huh? dont uds lol.

 

[jes205]

so how long have u been trading?

 

[ThorOdinson]

so how long have u been trading?

if u want to ask if i am someone, just ask.

 

[OngHuatHuat]

Monday mainland chinese money will be back.
Last week many cash out for mooncake festival celebration and there wasn't shanghai hong kong connect for few days.
Let us see what will happen next monday when the market open.
Cheers.

 

[ThorOdinson]

HSI futures is sitting above 23,500, after dow went up last night.

currently, US indices seem to be marginally down, so it might bring HSI futures back down when it reopens.

 

[ThorOdinson]

Monday mainland chinese money will be back.
Last week many cash out for mooncake festival celebration and there wasn't shanghai hong kong connect for few days.
Let us see what will happen next monday when the market open.
Cheers.

so you believe in a bullish case for HSI?

for it to move even further up and beyond 23,500 ?