CHINA A50 - Happy Chinese New Year!
CONTEXT OVERVIEW
Let's first have a look at the initial forecast and plan, from Q2 - 2021
China A50 - Get The Full Picture (July, 2021)
China A50 - Consolidation Time (June, 2021)
CURRENT ENVIRONMENT
In the short term, here is the context.
From a "trading" perspective,
We are long 0.80 lot for the moment with an average price at 14.8K
Increasing size if, either:
- the markets trade above 15K
- the markets fills our limit orders (around 13.5K)
We will not add more exposure if trading between 15K and 14.5K (currently half of the total size planned on the position = 1.5 lot.)
Future Will Tell... Happy trading!!
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