Jump to content

Something Interesting

Recommended Posts

USDCNH is flying up to key resistance could mean Govt interventions coming or are they going to let it go through 70000? 

Weekly chart;

USD_CNH_20190517_06_30.thumb.png.67aaf7254797a0935b84ca218e4fb368.png

Share this post


Link to post

the stock market in China sure has some great trend days ( if only I were awake to take advantage ! )

Capture china.PNG

  • Like 1

Share this post


Link to post

Sources: PBOC will not let the Yuan weaken past 7.00 per Dollar - Reuters

image.thumb.png.3c486ceec4d0c400c75573b5da6998f0.png

Share this post


Link to post

resistance zone reached

Capture cnh.PNG

  • Like 1

Share this post


Link to post

They said they would act so they will have to do something but what and when. Most of China's debt is in USD so it's getting more expensive and also a history of capital flight when the Yuan weakens to these levels.

Share this post


Link to post
On ‎17‎/‎05‎/‎2019 at 10:58, elle said:

resistance zone reached

Capture cnh.PNG

currently  , a closer look. A significant level 

Capture usdcnh.PNG

  • Like 1

Share this post


Link to post
On ‎20‎/‎05‎/‎2019 at 06:45, elle said:

currently  , a closer look. A significant level 

Capture usdcnh.PNG

so far, seems so

Capture uch.PNG

Share this post


Link to post

Chinese officials issue a warning over the weekend to anyone tempted to short the Yuan;

YUAN TALKS @YuanTalks

Guo Shuqing, chairman of the banking and insurance regulator: Short-term fluctuation of the #yuan is normal; those betting agst the yuan will suffer heavy losses.

(We posted this during the weekend. CCTV is broadcasting it again so we give you a heads-up)

Share this post


Link to post
On ‎17‎/‎05‎/‎2019 at 10:58, elle said:

resistance zone reached

Capture cnh.PNG

Tap, tap, break ?    

Capture uc.PNG

  • Like 1

Share this post


Link to post

Peeps must be wondering what the Govt has up it's sleeve, they promised to wheel out the big guns if anyone dared to short the Yuan. see pic.

China1.thumb.PNG.41a0d3846b3658a74a0f2412ce4a8f85.PNG

 

  • Great! 1

Share this post


Link to post

Shopify inc could be ready to break out, had a great year so far.

1663646842_ShopifyInc_20190726_16_37.thumb.png.babbaf958915ef9600f90c2fca169f40.png

 

Edited by Caseynotes

Share this post


Link to post

Very good 25 min video from SMB Capital on how stock selection is just as important as the trade set up. Workshop on how to improve trading by upping stock selection.

SMB Capital

Published on Jul 25, 2019

 

 

  • Like 1

Share this post


Link to post
On ‎07‎/‎06‎/‎2019 at 07:01, elle said:

Tap, tap, break ?    

Capture uc.PNG

Break

Capture break.PNG

  • Like 2

Share this post


Link to post

If your thesis is that China will intervene you'd sell into the move.  On the other hand, commentary is that 7 was never guaranteed to be a magic number.

Share this post


Link to post
On 26/07/2019 at 16:37, Caseynotes said:

Shopify inc could be ready to break out, had a great year so far.

1663646842_ShopifyInc_20190726_16_37.thumb.png.babbaf958915ef9600f90c2fca169f40.png

 

Just to update the Shopify chart;

130990665_ShopifyInc_20190814_07_14.thumb.png.19b5d27e7d9d53278b9d201484f73043.png

Share this post


Link to post
On ‎05‎/‎08‎/‎2019 at 06:50, elle said:

Break

Capture break.PNG

resistance became support ....................

Capture ucnh.PNG

  • Great! 1

Share this post


Link to post

Everyone seems to be going vertical screens lately, the problem of course is have you got enough?

image.png.0e774a8618c4dba29edb7d7d9a2f691d.png

Share this post


Link to post
50 minutes ago, Caseynotes said:

Everyone seems to be going vertical screens lately, the problem of course is have you got enough?

image.png.0e774a8618c4dba29edb7d7d9a2f691d.png

 

 

I doubt anyone has enough eyeballs to be able to use all of that at once.

Share this post


Link to post

Fascinating lecture on Poker Economics, one of the  MIT's OpenCourseWare series .

Delves into early Credit Creation and money and debt by linking poker in the early 1800's in the US mid west to soft banks and onto the formation of the CME futures market in the same region. Then comes back to poker and it's links to quant analysis in the 1980's, beating casinos and the emergence of hedge funds.

Just over a hour long.

 

Share this post


Link to post
On ‎25‎/‎08‎/‎2019 at 21:04, elle said:

Capture uc.PNG

 

Capture uc.PNG

  • Like 1

Share this post


Link to post

5 min video on the 'Monty Hall Problem', interesting look at probability. Not sure how to use it in trading but a must if on a game show.

 

Share this post


Link to post
2 hours ago, Caseynotes said:

A bit off topic but very worrying just the same.

Market noise unless @Caseynotes you’re a cheese consumer or sleep buff 😜

  • Like 1

Share this post


Link to post

Video on how the scammers on instagram, myfacebook etc turn up with fantastic looking 'live' account records with reputable brokers by using white labeled fake mt4 servers. Scamming is clearing becoming a massive industry in the world of retail trading (as if it wasn't big already).

Very strong language

 

Edited by Caseynotes

Share this post


Link to post
2 minutes ago, TrendFollower said:

Oh a something interesting thread. 

I love playing Texas Hold Em Up Poker. Do you play Poker @Caseynotes?

I prefer the Texas Hold Em up version to say three card or other varieties. What do you think?

It is great to use Poker when looking at odds and probabilities. What do you think?

I used to watch the professionals play Poker on TV. Someone whom I have known since I was a child actually won Poker Million and I watched him play live on Sky Sports. 

There are quite a few traders who use poker analogies or refer to poker. You may have come across them. 

I think the Scandinavian professional poker players (if you ever watch them) play quite an aggressive style especially on flush draws. Have you noticed? If you try and relate this to trading then you may get some traders who trade aggressively for a short period when the price crosses the 20 DMA but then revert to a less aggressive stance as the price moves towards say a 200 DMA on any breakout after a long correction or fall. 

can't imagine why you would tag me for this and it's not really interesting.

Share this post


Link to post
2 minutes ago, TrendFollower said:

@Caseynotes,

You don't find Poker a fascinating game? I find it interesting and fascinating. I love the game. Well I find it interesting. I may even set up a thread in relation to Poker and Trading. 

I think you posted the above this month. 

yes and it's an excellent video that you didn't watch before making comment, shame.

Share this post


Link to post

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now

  • Member Statistics

    • Total Topics
      11,907
    • Total Posts
      60,288
    • Total Members
      80,182
    Newest Member
    DuongTuan
    Joined 08/08/20 14:15
  • Posts

    • 1) It would be really helpful to be able to change a stop loss from normal to guaranteed stop in the online trading platform. Currently we can only do that on the mobile app which is ridiculous because the online trading platform should be having more features than the mobile app. 2) Allow us to set limit (take profit) for partial position size. Example if I buy 5 contracts of AUD/USD at 0.7150. I would like the option to be able to set take profit for 3 contracts at 0.7170 and 2 contracts at 0.7190.   
    • Hi Folks, The platform advertises that you need to place three or more trades in the previous month to avail of the free trading on US stocks (no $15 commission) for the subsequent month. However, even with that commission fee gone you're going to have to pay IG for the currency conversion each time. You're going back and forth between buying and selling, GBP to USD to GBP ...this will equate to a lot of money. So, you've realised the above and to avoid this really ridiculous and expensive merry-go-round you turn on multi-currency feature, right? In your head you think:   "I want to exclusively trade US stocks, I've waited one month (you'd have rathered to just pay IG and not need to wait), made more than three trades on that currency merry-go-round, I am happy to pay the reasonable quarterly fee to IG from here on in and keep the account as USD while availing of their most advertised feature, the commission free trading on US stock market". The new month arrives and you can have a great time trading on the US stock market with your dollar that doesn't keep eating away at any trade profits with each buy and sell. However, the next month arrives and menacing commission fee is back! But you traded at least three times last month, what gives? Ah! But you used the multicurrency feature, and this means on the subsequent month you will not be eligible for commission free trading. You're back to square one. Your choice is to either pay IG the fee for every conversion in every trade or prevent this and keep the respective currency but also you must pay IG a commission.    Anyone else experience this? I'm hoping I'm completely wrong, but contacting the helpdesk seems to confirm this ...
    • IG need to provide a stock screener, live scanner for volume/price movement, pre-market data,  and rapid execution for private traders and rebate fees for trading view as they do for PRT, with traders who trade frequently. One can be ambitious and ask IG to provide a free platform like thinkorswim as Ameritrade does with current news stream  - again a free rebate for access to Benziga or similar with rebates linked to the amount of trades.  The money spent on IG TV perhaps can be spent somewhere else towards provision of some free resources to private traders/investors.  The IG tv is a serious issue - do IG really think that IG TV add any value?  Access to financial publications/sites might be a better thing.  The effort of IG to provide its own academy, advice etc is and always will probably a poor quality duplication.  Please learn/borrow from American brokers and now that their commission charges are Zero.  PRT - Can that be downloadable.  The web based form just slows everything down and very clunky and the charts are not elegant at all.  They have a community and they do develop or help develop some strategies. We do not want to lose them. But a live screener /scanner please.  I just realised that I do not even know if IF IT team even reads these comments or prioritise any of the suggestions. Please get rid of your IG TV investment, it is very annoying. And yes VWAP/anchored VWAP please on the charts. Give the private investors some of the rebates too. Is Charlotte, finally providing our redemption by talking these to the right eyes and ears! Overall, IG really is not that bad given others at least for UK investors. Perhaps just a less spread and less of that dreaded, sudden declaration that this stock is only for close and you can not open new position. I think that and the liquidity  excuse is lame unless IG is beholden to a particular market maker or IG somehow gets it in a very large position by itself.
×
×