Hong Kong 50 Index
Long
Aggiornato

China Stimulus As a Bullrun Trigger

150
Fundamentals & Sentiment

HK50:
- Yesterday's news of 6 trlilion yuan stimulus

USD:
- Risks: pre-elections uncertainty, Middle East tensions, undervalued by market internals and CFTC.

Technical & Other

- Got in 5 minutes after the announcement during the US session; not the best entry technically

  • Setup: Other
  • Setup timeframe: 1h
  • Trigger: 5m
  • Medium-term: Up
  • Long-term: Up
  • Min target: Local highs
  • Stop loss: 2.37%
  • Position size: 1R
Trade attivo
Unloaded 1/2 during the same US session as it didn't hold after the initial pop higher.
Trade chiuso: stop raggiunto
The stimulus news didn't cause the expected reaction. Should we expect further downside?
I feel I was impatient entering this trade right into the local resistance. The expectations of the kind of previous wild swings screwed up my composure.

Declinazione di responsabilità

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