After last week’s good run, this week is yet again another 0 profit week. There were many temptations especially during after the release of the CPI data and FOMC announcement. However, as the volatility did not trigger any opening or…
China started buying gold in Q4 2022, and had been steadily buying all the way till April 2024. Although China has been buying for so long, it was only in early 2024 that the masses took note of it. Gold…
This week I put in another queue at 4.51 RMB with a position size of 1300 shares for Three Gorges Renewables (600905). Prices of the share fell to the lowest of 4.55 and dashed back up to 4.70 on the…
It was a boring week. 0 profits in total. The currencies and metals were stagnant. It was as if the market was taking a break or waiting for something big to come. Nonetheless, one should stick to plan and not…
Few days back I was talking to a friend who is exploring a viable side income. The games sector was one of the options I suggested to him, which he found particularly interesting. In the current economical climate where people…
This week has been a slow boring week. I did not manage to open a new grid as I did not see any suitable opportunities for me to do so. Prices for GBP/USD were more or less stagnant, and EUR/CHF…
China has recently come up with a series of guidelines and enforcements to regulate their capital markets, and by extension to inject confidence among investors, ultimately reviving their now near-dead capital markets, especially their stock markets. On 12 April 2024,…
This week I closed the GBP/USD grid which I opened since 05 Dec 2023 as the GBP/USD crossed the 1.27 mark. It had crossed the mark in March 2023, but I did not close the grid as I thought there…
Recently a series of reels on the personal Douyin (China’s version of TikTok) account of Baidu VP and PR chief Qu Jing went viral in China, and a backlash so serious resulted in her apology and resignation. In Gen Z’s…
This week I bought 1100 shares of Three Gorges Renewables Group Co Ltd (Ticker: 600905) at 4.70 RMB per share. This brings my total holdings to be at 2700 shares, with an average price of 4.71 RMB per share. Not…