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Chart based progressive global trading strategies, Chart Partners

Thomas Schroeder

Chart based progressive global trading strategies

Chart Partners

Chart Partners objective is to discover medium-term cycle turns and profit opportunities before they unfold, within structural trends while preserving capital with clear degrees of risk. We have real return ideas. 

Markets are dynamic and trading systems must reflect this. It is crucial to determine underlying correlations and lead-lag relationships within global markets and the impact on linked instruments. Our weekly Chartonics product gives you short-term trading strategies that can be applied within the medium and longer term macro trends that are mapped out in our strategy updates. 

Our methodology fuses global market variables and isolates drivers in trends. We specialize in FX, index trade in NY and Asia with a focus on Asian stocks. 

Technical Analysis

<a href="https://www.smartkarma.com/entities/tencent-holdings-ltd" target="_blank" data-smartkarma-citation="entities:26:1" rel="noopener">Tencent Holdings (700 HK) </a>met the rally target at 460 where we touted turning short for a harder downside pressure test below 510.Tencent met our 460 short target after failing to rally in line with the likes of BABA which made a new high in the face of NDX strength. Regional tech now coming under more pressure. This fourth rejection at 460 will place a heavier bias once below 510.This is a follow up to the August 10 insight <a href="https://www.smartkarma.com/insights/tencent-510-support-pivot-pressure-sets-up-a-fade-trade" target="_blank" data-smartkarma-citation="insights:42005" rel="noopener">Tencent 510 Support Pivot Pressure Sets up a Fade Trade</a> that outlined the long trade from 510 to 560 to reverse to short with a stop above 565.

Tencent Holdings (700 HK) met the rally target at 460 where we touted turning short for a harder downside pressure test below 510.Tencent met our 460 short target after failing to rally in line with the likes of BABA which made a new high in the face of NDX strength. Regional tech now coming under more pressure. This fourth rejection at 460 will place a heavier bias once below 510.This is a follow up to the August 10 insight Tencent 510 Support Pivot Pressure Sets up a Fade Trade that outlined the long trade from 510 to 560 to reverse to short with a stop above 565.

Tencent Four Tops and Short Fade Trade Underway