Queenie Wu Economics websites:
2022年1月18日 星期二
2021年9月14日 星期二
Useful websites of Financial calculator
It is very useful to use the online financial calculator or the function on Excel. Try it!
Online
financial calculator:
Use excel
financial calculator functions:
2021年5月31日 星期一
How to create passive income generate positive cashflow monthly 正現金流 被動收入
After attending different seminars on the topic of passive income, i have some ideas on my mind. The following sources of income may be the solutions under certain circumstances.
1. Rental income: given that monthly rental income is bigger than mortgage payment n the property price increases steadily
2. Forex investment: Manual trading requires skills n time. EA automatic trading may be the solution. Long backtesting procedure n enough capital are the pre requisites.
3. Online courses or YouTube video: Similar nature as you recorded video once, passive income can be generated.
4. Stock investment : Invest in some long term growth stocks or REIT. Stable annual income
5. ETF: such as SPY or QQQ these kinds of Exchange Traded Funds which have long term growth potential n low management fee.
6. Option strategies: Credit Spread or other.
2021年5月26日 星期三
Backtesting ORB strategy
Testing is now conducted on HSI and SP500. It seems that the result is good. The BO line is set based on the previous session consolidation zone. HSI can use the US index movement as reference. If gap up above last night session, together with BO 5 min candle, there is a high probability that it will go up in the opening. Must leave the market before ten o'clock.
SP500, we can use the two hours before market opening as BO zone. consider the pre market direction as reference. must leave the market before 22:00.
this morning, I increased the lot size. 10 each time. as I predicted the direction correctly, the net profit is over 400 in an hour. the risk is very high as a little movement will result in big gain or big loss.
I finally settled one side of xauusd. hope it will go down a little bit.
fx is full of opportunities and risk. high risk high return.
2021年4月27日 星期二
How to earn consistent profit from forex?
I have been thinking for a long time. How to win consistent profit from forex?
Idea 1: use breakout strategy on LC and LP
may need to have a strong break happens fast
Idea 2: use spread or butterfly on support and resistence level
may need to backtest to increase accuracy
Idea 3: EA to trade BO
may need to have capital and money management
Idea 4: improve BO indicator accurate together with the volume on tradingview
Idea 5: hedging strategy only action on the extreme position with less lot size
Idea 6: US session BO higher volume and better return. reduce the number of trade in the Asian session, only trade at night from 21:00 after US session open
2021年4月23日 星期五
Option strategies testing
SP:
Touched BB bottom, if the stock shows reversal signal, such as breaking the trend line going up, 2 dragons, trendwave, BB%b reverse,
Key of success: prepare enough capital to buy sto k at strike price in case of wrong direction. then write covered call afterward
Bull credit Spread:
Similar entry conditions as SP
Advantage: max loss amount known in advance
Disadvantage : smaller option premium
LC:
BBW expected to expand in short period of time
Advantage : unlimited gain
Disadvantage : timing, decay of time value
2021年1月7日 星期四
黃金大跌之先兆 Abnormal movement of gold
黃金大跌之先兆
Abnormal
movement of gold in 2020, 2021 –
how to spot the big drop in advance?
By Queenie Wu 7 Jan 2021
According to the XAUUSD H4 chart below, we are going to investigate the big drop cases of XAUUSD on 9 Nov 2020, 27 Nov 2020, 21 Dec 2020, 28 Dec 2020, 6 Jan 2021 respectively.
9 Nov 2020, XAUUSD H4, xau fell from $1958 to $1862 in 1 candle at 13:00 (19:00 HK time)
Case 1: 9 Nov 2020 XAUUSD m1,(out of the channel ceiling in H4)
Start: at 13:46, xau had a big drop of $8 in 2 minutes, $12 in 4 minutes
14:03 a big drop of $10 in 1 minute
14:10 a big drop of $12 in 1 minute
13:46 – 14: 13, xau had a big drop $56 from 1956 to
1900 in half an hour
Result: 9 Nov 2020, xau fell to 1849 at 18:47, totally fell more than $100 in 5 hours