30th July – The Chinese: A great bunch of lads!

the chinese a great bunch of lads

(Sorry couldn’t help myself – many of you will know that I’m a big Father Ted fan.)

“Its isn’t the Greeks, it’s the Chinese he’s after!”

So says the old farmer in one of my favourite Father Ted clips which ironically is about the Greeks and the Chinese.

Anyway I’m sure you’ve all been keeping tabs on whats been going on in China – its made the problems in Greece seem like small-beer.

I have no direct positions in any of those Chinese index’s, I just wanted to show that with good solid analysis skills you should be able to look at any chart and build a picture. Remember to trade what you see, not what you think.

(Sorry I couldn’t find the chart for the Shanghai Composite on this computer!)

Where I think some people will be feeling it is in their positions in Gold and AUDUSD which I looked at last week.

Anyway trade well and keep an eye on China.

Paul

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About FXTraderPaul

A professional Trader and Coach, FXTraderPaul blogs about his adventures from the front-lines of FX Trading. A Trader and educator who can walk the walk as opposed to merely talk the talk!

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3 Comments on “30th July – The Chinese: A great bunch of lads!”

  1. george_fx_trader Says:

    Thanks for all your comments on this one Paul. Are there any brokers you recommend for trading the Chinese indices? It seems like not everyone is offering these as instruments to trade.

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    Reply

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