Attachments: Chinese yuan (USD/CNY)

Chinese yuan (USD/CNY)

#201
Nov 14, 2016 10:57pm Nov 14, 2016 10:57pm

stylinex
Joined Aug 2013 | Status: Trader | 4,057 Posts

6.80 cleared next stop will be 7!

#202
Nov 15, 2016 12:28am Nov 15, 2016 12:28am

Sharpet
| Additional Username | Joined Dec 2015 | 48 Posts

The Chinese Yuan last went down as traders are fearing that Trump’s US protectionist ideas would hurt US trade relationship with the Asian giants.

#203
Dec 15, 2016 10:30am Dec 15, 2016 10:30am

stylinex
Joined Aug 2013 | Status: Trader | 4,057 Posts

Yuan to drop next

http://www.reuters.com/article/us-ch...-idUSKBN1441Y4

#204
Jan 5, 2017 1:18pm Jan 5, 2017 1:18pm

CKSCswing
| Joined Dec 2016 | Status: Neophyte | 143 Posts

anyone currently trading this?

I see major resistance at ~6.786

Carpe Diem

#205
Jan 5, 2017 6:34pm Jan 5, 2017 6:34pm

stylinex
Joined Aug 2013 | Status: Trader | 4,057 Posts

Quoting CKSCswing

Disliked

anyone currently trading this? I see major resistance at ~6.786

Ignored

Dips are good to buy. Long term YUAN will drops but short term it may test higher. 7.35 target by end of 2017

#206
Jan 5, 2017 6:37pm Jan 5, 2017 6:37pm

CKSCswing
| Joined Dec 2016 | Status: Neophyte | 143 Posts

Quoting stylinex

Disliked

{quote} Dips are good to buy. Long term YUAN will drops but short term it may test higher. 7.35 target by end of 2017

Ignored

I just exited my buy at 6.79883

Carpe Diem

#207
Jan 5, 2017 8:19pm Jan 5, 2017 8:19pm

stylinex
Joined Aug 2013 | Status: Trader | 4,057 Posts

Quoting CKSCswing

Disliked

{quote} I just exited my buy at 6.79883

Ignored

Chinese New Years is at the end of this month. The government in China may want to prop up its own currency and stock index prior to the 2-4 week Chinese New Years Holiday. Reality should kick in after.. You have to go long with the Chinese Yuan to profit from that trade.

#208
Jan 5, 2017 8:23pm Jan 5, 2017 8:23pm

CKSCswing
| Joined Dec 2016 | Status: Neophyte | 143 Posts

Quoting stylinex

Disliked

{quote} Chinese New Years is at the end of this month. The government in China may want to prop up its own currency and stock index prior to the 2-4 week Chinese New Years Holiday. Reality should kick in after.. You have to go long with the Chinese Yuan to profit from that trade.

Ignored

I was going long but then I thought my exposure was too high after a while, then it soared an hour after exiting.

Lost quite of bit of cash I should have gotten.

Carpe Diem

#209
Jan 7, 2017 2:43am Jan 7, 2017 2:43am

stylinex
Joined Aug 2013 | Status: Trader | 4,057 Posts

Quoting CKSCswing

Disliked

{quote} I was going long but then I thought my exposure was too high after a while, then it soared an hour after exiting. Lost quite of bit of cash I should have gotten.

Ignored

For 2017 , buy all pullbacks on YUAN. Short YUAN until target price of about 7.35 sooner or later it will get there. Look long term.

#210
Jul 29, 2018 6:51pm Jul 29, 2018 6:51pm

stylinex
Joined Aug 2013 | Status: Trader | 4,057 Posts

Back on track now. Roughly 6.80 now. Let's see if we can breach 7.00 this year

#211
Oct 29, 2018 1:32pm Oct 29, 2018 1:32pm

warrensapp
Joined Oct 2018 | Status: Trader | 326 Posts

Can this same thread be used to discuss USD/CNH?

I did not see a thread already in "interactive trading" for USD/CNH.

If you're gonna be a bear, be a grizzly

#212
Feb 19, 2021 5:53pm Feb 19, 2021 5:53pm

Vincent1
Joined Aug 2019 | Status: Trader | 598 Posts

What a pity, nobody trades yuan
It is under 6,5 since too much time. China doesn't like it, they will push the pair up soon
Usa vs China is just beginning...

#213
Jun 16, 2021 1:39pm Jun 16, 2021 1:39pm