Get started
China A50 CFDCC

China A50 CFD

13,784USDR
+159+1.17%
As of today at 11:42 GMT
USD
No trades
See on Supercharts
Overview News
Ideas
Discussions Seasonals

CHINA50 trade ideas

Secular bull market in China - One day after US electionsThe China A50 index ( click here to see its components ) has been trading in an ascending triangle consolidation pattern for the last 5 years. It broke out in July 2020. From July - October 2020 it's been trading tightly inside a bullish pennant. The last few weeks it's shown relative strength in a relatively weak environment, and now looks to be firmly breaking out of the pennant pattern. Zooming in on the 4hr chart here's what we're looking at: I always prefer horizontal resistance and it's looking good here too: I have a position What Is a Secular Bull Market? A secular bull market is a market that's driven by forces that could be in place for many years, causing the price of a particular investment or asset class to rise over a long period - a trend that lasts 5 to 25 years.
OANDA:CN50USDLong
by Lanmar
IT IS FINISHED !!!Putting spirituality aside, if we look plainly at the word; finished - what comes to mind ? See the dictionary meaning : It simply means the tasks on hand is done, completed, nothing more to do. And the corresponding feeling should be one of :Relieve, Excited, Happy, Pressure taken off, etc. That is exactly what we should be doing in our trades and investment. And to me, this is an important psychological aspect that is often not covered in many courses, be it forex,futures or commodities. The emphasis is constantly on price actions, indicators, trends ,etc. No, I am not saying these items are not important, they definitely have a place but imo, it is not the most important ingredient. See my posting on My top 3 China stocks where I talk briefly about self-motivation. IT IS FINISHED is beginning with the end in mind (Steven Covey - 7 habits) , it is thinking from instead of thinking of your success. I run and swim to keep fit. So, at times when I am struggling in the journey, I would pause, slow down my speed and think of the shower I am enjoying, the nice cold lemonade that I am seeping now. All actions are in the present NOT to be had later which denotes some time in the future. It is right now! In trading/investment, I imagine a scene where my portfolio has made me financially independent and successful, I use my money to bless my family and others and share my knowledge and skills with a large audience on stage. And from here, my thinking commence. I carry this superb, happy, excited, peaceful feeling into my journey of research, chart analysis and others. You can say, it is a skii down approach rather than a climbing up ladder approach. This subject is deep and requires a steady and calm mind to relax and pay attention to what your heart is telling you. Listen attentively, do not argue and oppose the gut feelings you have, it is a signal , it is telling you something. Embrace it and seek God's help in interpreting it for you. Have patience and not rush things............. WE already have the money , all of it that we ever wanted. WE are ALREADY profitable. WE are great at spotting trading opportunities. WE are fearless in executing our actions. WE are generous in our sharing because we HAVE more than enough. WE are prosperous and sincerely wants others to prosper too. We are blessed and in turn bless others with our prayers.
OLong
by dchua1969
China A50 Index holding up well above its Mid Term Trend SupportChina A50 Index - Holding up well above its Mid Term Trend Support despite U.S and European market plunge. - Technically the index remains in a long term uptrend formation. - Pending price action to breakout of its sideways resistant to go for a Super Bull Rally. - Downside to easily look at its Mid Term Trend support. Once void will need to head to its Long Term Trend Support (Red Line) - Shall the Long Term Trend Support (Red Line) is broken too = Bear market potential zone.
OLong
by The_3_Lines_Trader_TFM
buy now or wait for breakout @ 15,733.30Again, there is no right or wrong. Some like to buy at support IF they believe it is going to continue to go up. Others prefer a wider margin of safety and wait for the breakout at the resistance level at 15,733.30. What if it reaches this level and tumble down again? So, risk perception differs from different people and since no one can predict with 100% accuracy on the price movements, these differences in price points allows traders to make profits and losses each day. As a long term investor in China, I am bullish on China market and thus would average up on this index.
OLong
by dchua1969
2