SG Talk

Pro traders are wathcing tbe dollar yuan pair closely it is starting to come.down, this means the pressure to sell by carry trade funded positions will decrease then the HSI and HS tech  can start moving  UP

Dollar rose most of today putting selling pressure on Chjna HK markets.

It fell brielfy in tbe morning but it was short lived.

Traders will be watching for weakness jn USD to re enter HS Tech and HSI

USD peak against Yuan @ 1.49pm


HSI stage a revovery at 2pm

(20-03-2025, 10:50 AM)Zannn Wrote: [ -> ]Recent movement showed that market are taking profit at any good results. This also mean that just one bad result from big China co May crash hs tech.


Staying above 6k narrative for long time like Sgbuffett said is not likely to play out

Sgbuffett very strongly believe this time will leg up after breaking 6k. When rally to 6100 sgbuffett is certain and added long. Big players then wipe sgbuffet n his pros all got stop out now 5580.

(21-03-2025, 10:57 PM)Zannn Wrote: [ -> ]Sgbuffett very strongly believe this time will leg up after breaking 6k. When rally to 6100 sgbuffett is certain and added long. Big players then wipe sgbuffet n his pros all got stop out now 5580.

Traders ĥave exit strategies when markets move against their poritions.

Like i said every trade hss to be managed ad there is no guarantee of profitsvall the time.

Sharp 2 day selloff of HSTech..
Players took the opportunities to sell when companies release good results. Someone analulyse that the bigger the upside surprise in earnings the bigger the selling

HS Tech did not main above 6000 as short volatility crept in

Last 2 days the market broke down after a steady open. Watch out for this. Until this pattern changes...

Selling pressure appear o start mounting....then we see buyers stepping kn.

Meituan fell sharply because it reported good resukts kn friday.

Very jnteresting to watch Meituann.
The company led the rally from Sept up to HS Tech 1st peak in Oct.

In terms of relative strength throughout the 2nd rally to recent peak the stock was a laggard compared to Alibaba mainly because the 2nd surge was AI/semi con led.

Today it sold off because ot released results on Friday. The results themselve are good just like Xiaomi, Tencent after results the stock is aold off.

Meituan does not have as many short term trend riders as other china tech stocks...so it should be able to overcome ghe selloff faster given its participation in 2nd rally is alot  less. ...and the  people entering are into its longer ferm growth rather than short term stock movement.

(20-03-2025, 10:50 AM)Zannn Wrote: [ -> ]Recent movement showed that market are taking profit at any good results. This also mean that just one bad result from big China co May crash hs tech.


Staying above 6k narrative for long time like Sgbuffett said is not likely to play out

Ha tech going for 5500 wow, sgbuffett still holding yr long?

HsTech falls yl key 5500 level looks weak.



Pro traders are looking to short if it breaks the key 5500 level

It's very interesting to see sgbutt flip-flop every few days. Can go sell roti prata liao.

(25-03-2025, 02:41 PM)Zannn Wrote: [ -> ]Ha tech going for 5500 wow, sgbuffett still holding yr long?

Like i said  time and agains all trades have to have exit strategy depending on risk level..pros always have exit plan.

Sunny Optical a popular china tech stock listed jn HK
Plunged 10% in one day.

Hyper volatility.....

Becareful......





HS Tech tried to clear 6000 3 times and failed.
Eachbtime sharp sharp selloffs when it failed.

(25-03-2025, 03:22 PM)sgbuffett Wrote: [ -> ]HsTech falls yl key 5500 level looks weak.



Pro traders are looking to short if it breaks the key 5500 level

Hsi recovers when sg Buffett think it’s weak

Inverse relation between USD/Yuan and HS Tech is at strongest level since last yr.

USD down then recovered


HS Tech went up then down.


I expect this crrelation to hold in post earnings period wighout news. The relation is likely linked to algorithmic funds flow ...in another period of correlation somewhere in 2023(?) HS Tech gained 20+% as the USD lost ground and all these gains vanished when USD strengthened.

HS Texh started getting crush when USD pushed its way up last Thursday....



While the direction correlates inversely the absolute amplitude does not correlate well.

Correlation is down to the seconds level so likely due to algorithm trading. All turning points of HS Tech during the day correlates exactly.

(26-03-2025, 08:27 AM)sgbuffett Wrote: [ -> ]Inverse relation between USD/Yuan and HS Tech is at strongest level since last yr.

USD down then recovered


HS Tech went up then down.


I expect this crrelation to hold in post earnings period wighout news. The relation is likely linked to algorithmic funds flow ...in another period of correlation somewhere in 2023(?) HS Tech gained 20+% as the USD lost ground and all these gains vanished when USD strengthened.

So usd heading up or down?

(26-03-2025, 08:27 AM)sgbuffett Wrote: [ -> ]Inverse relation between USD/Yuan and HS Tech is at strongest level since last yr.

USD down then recovered


HS Tech went up then down.


I expect this crrelation to hold in post earnings period wighout news. The relation is likely linked to algorithmic funds flow ...in another period of correlation somewhere in 2023(?) HS Tech gained 20+% as the USD lost ground and all these gains vanished when USD strengthened.

Inverse relation reminds me of reverse indicator

Just run some correlation tests will do, why keep guessing? If there's any logic behind, it shd hv been learned easily by machine learning long time ago

(26-03-2025, 09:18 AM)WhatDoYouThink! Wrote: [ -> ]Just run some correlation tests will do, why keep guessing? If there's any logic behind, it shd hv been learned easily by machine learning long time ago

You are not trading so many of such correlations you see no value.

If the fall in HS Tech  correlates with USD movement....it suggests mechanical buying ir selling by bots. Because the Chjnese govt keeps control of the USD/Yuan range you know there is a limit to the selloff and can look for a rebound frade today.

Thats what goes through a traders mind and strategy...

But for you it is no  use because you are not trading.

I didn't say correlations hv no use. I said why not do correlation tests instead of guessing which is often wrong

(26-03-2025, 09:57 AM)WhatDoYouThink! Wrote: [ -> ]I didn't say correlations hv no use. I said why not do correlation tests instead of guessing which is often wrong

How you yhink i got the correlations in the first place its run through a statistical tool ...

US dollar fell in the first half hour of trading causing HS Tech to rally

When US dollae rose ...HS Tech fell back.

Smart traders wjll use such movements to find stocks with relative strength to rise on for next rin up when (if?) It comes



One of these will not be good for the next run up....can you see......

(25-03-2025, 03:25 PM)Blasterlord2 Wrote: [ -> ]It's very interesting to see sgbutt flip-flop every few days. Can go sell roti prata liao.

Sgbuffet is a wholesale prata man 

(26-03-2025, 10:41 AM)sgbuffett Wrote: [ -> ]US dollar fell in the first half hour of trading causing HS Tech to rally

When US dollae rose ...HS Tech fell back.

Smart traders wjll use such movements to find stocks with relative strength to rise on for next rin up when (if?) It comes



One of these will not be good for the next run up....can you see......

But HSI red

(26-03-2025, 12:20 PM)Cmpunk Wrote: [ -> ]But HSI red

Banks appears weak.

If HSI gets back  above 23450, it will rally.

Thats my entry point for today.

(26-03-2025, 01:13 PM)sgbuffett Wrote: [ -> ]Banks appears weak.

If HSI gets back  above 23450, it will rally.

Thats my entry point for today.

I am jn for a LONG trade.

(26-03-2025, 02:14 PM)sgbuffett Wrote: [ -> ]I am jn for a LONG trade.

Market knows how to trick pros like sgbuffett. Clear 23450 and sell down

(26-03-2025, 02:33 PM)Zannn Wrote: [ -> ]Market knows how to trick pros like sgbuffett. Clear 23450 and sell down

Therr are many layers to a trick.
A superposition of multiple technical factors  some traders try to do one thing while others do another....

Gjve the trade sufficient time and some.room before cut loss.