(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
FXTraderPauls Trading Adventures 
August 4, 2015 at 5:14 pm
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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August 5, 2015 at 6:33 pm
Good question George – there’s no-one I can say hand on heart is a prime quality broker for Chinese instruments. However that may well have more to do with my lack of exposure than anything else.
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August 5, 2015 at 6:36 pm
Ok I will keep my ear to the ground…
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