Time to consider a short on CN50USD

2018年6月15日

In a nutshell:

• Idea is based on the current Momentum and...
  
• ...decison of PBOC not to increase interest rates and...
  
• ...additional US import tariffs on Chinese gods (USD 50bn); TBC
  
• Trade range within the existing triangle
  
• Keep an eye on the trade volumes (support gets lower around 12,050); would not expect an immediate break of the support, but the probability is increasing
  
• SL/TP won´t be shared for this trade (but should be obvious)
  
• Trade will be triggered after confirmation of the import tariffs
  

This is not an advice it is only my personal opinion.

2018年6月15日

交易進行

2018年6月15日

註釋

2018年6月15日

註釋

We broke the 1H support line

2018年6月18日

註釋

Today: Dragon Boat day in China, hence bank holiday.

2018年6月19日

註釋

240 pips/points so far. Do not forget that the SE is not a one way. You might take some profit or you are more ambitious and see what will happen during the EU session. For me, I secure some points. As Always, it is about Timing and Trump (who just announced additional trade trariffs on good worth USD 200bn of 10%).

2018年6月19日

交易結束：目標達成

I am closing the trade since I have already sold 70% of my position. Nevertheless, I move SL to BE and see if the remaining position it going to hit the support zone. I hope you enjoyed the trade, let´s find the next opportunity… If we make it to the support zone I immediately sell additional 15% and keep 15% in order to see if we are going to break the support zone.

2018年6月19日

註釋

I sold the remaining 15% @ support line; hence 340 pips/points. I keep the remaining 15% and won´t update the trade anymore.

2018年6月25日

註釋

Bam… additional 250 pips/points on the remaining position. Sold the last 15%... I will wait for Thuesday/Wednesday and decide if I see a possibility to re-enter