Daily Trade Commentary, Friday, 30 Oct 2015

Trade 1
Screen Shot 2015-10-30 at 10.50.54 AM
Aust: 
1hr MA: above
4hr MA: above
Trend: uptrend, clear indication

China:
1hr MA: above
4hr MA: above
Trend: turning up but might be quite flat

 HSI Overview:
1hr MA: above, supported
4hr MA: below
Trend: might be a relatively flat day, but trend is up.
HV30: indication
HV60: confirmed
RVI:  up.

Trade: 
Entry: short put at 0.159
Target: 0.154
Stop: 0.161
Result and Conclusion:
Screen Shot 2015-10-30 at 11.18.26 AM
Position closed out at stop loss, chart show a trading channel. I should have followed the trading channel.
Further into the trade.
Screen Shot 2015-10-30 at 2.52.06 PM
Would have been profitable.

Daily Trade Commentary, Thursday, 29 Oct 2015 (Trade 2)

Trade 1
Screen Shot 2015-10-29 at 1.22.19 PM
Aust: 
1hr MA: breaking the 1hr ma for second time
4hr MA: below
Trend: countertrend, but strong possibility of going up

China:
1hr MA: broke 1hr ma
4hr MA: going toward 4hr ma
Trend: turning up countertrend

 HSI Overview:
1hr MA: cross 1ma for second time
4hr MA: below
Trend: countertrend but looking at it as the second attempt to go to 4hr ma
HV30: down
HV60: flat
RVI:  up.

Trade: 
Entry: short put at 0.148
Target: 0.143
Stop: 0.150
Result and Conclusion:
Screen Shot 2015-10-29 at 1.49.18 PM
Position closed out at profit. countertrend trade but based on AUS and China for indication

Daily Trade Commentary, Thursday, 29 Oct 2015

Trade 1
Screen Shot 2015-10-29 at 9.41.32 AM
Aust: 
1hr MA: above
4hr MA: below
Trend: trend is still downwards, entry came with the red candle on the 5 min chart

China:
1hr MA: below
4hr MA: hovering on 4hour, probability is that it will break
Trend: downwards, as seen on HK China shares

 HSI Overview:
1hr MA: below
4hr MA: hovering on 4hr ma support, and breaking dowanrds
Trend: down trend from AUS and HK and china
HV30: indicated
HV60: confirmed
RVI: downwards (standard sell signal)

Trade: 
Entry: long put at 0.136
Target: 0.141
Stop:0.134
Result and Conclusion:
Screen Shot 2015-10-29 at 9.51.38 AM
Position closed out at profit. follow the trend. and maintain with the trend

Daily Trade Commentary, Wednesday, 28 Oct 2015 (Trade 2)

Trade 1
Screen Shot 2015-10-28 at 11.07.30 AM
Aust: 
1hr MA: below
4hr MA: above
Trend: reverse from high, supported by the 4hr MA
China:
1hr MA: cross below
4hr MA: below
Trend: downtrend after HK made high

 HSI Overview:
1hr MA: crossed below
4hr MA: below and resisted
Trend: down
did not enter when it reverse, position enter when it was resisted by the 4hr MA
HV30: flat with downwards
HV60: down
RVI: flat

Trade: 
Entry: long put at 0.134
Target: 0.139
Stop: 0.132
Result and Conclusion:
Screen Shot 2015-10-28 at 11.07.30 AM
Position closed out at profit. follow the trend. and maintain with the trend till taken out.

Daily Trade Commentary, Wednesday, 28 Oct 2015

Trade 1
Screen Shot 2015-10-28 at 9.39.35 AM
Aust: 
1hr MA: above
4hr MA: above
Trend: trending upwards
China:
1hr MA: cross above
4hr MA: above
Trend: uptrend from flat movement

 HSI Overview:
1hr MA: above
4hr MA: above
Trend: flat
entry did not wait for the indicators to show. followed trend
HV30: flat with upwards
HV60: confirmed
RVI: yes

Trade: 
Entry: short put at 0.131
Target: 0.126
Stop: 0.133
Result and Conclusion:
 Screen Shot 2015-10-28 at 10.01.04 AM
 Position got out at target. followed the trend, took a chance at flat movement that it would break

Daily Trade Commentary, Tuesday, 27 Oct 2015

Trade 1
Screen Shot 2015-10-27 at 10.25.48 AM
Aust: 
1hr MA: above
4hr MA: above
Trend: flat but showing downwards
China:
1hr MA: down
4hr MA: down
Trend: strong down

 HSI Overview:
1hr MA:below 1hr
4hr MA: below
Trend: downwards
entry did not wait for the indicators to show. followed trend
HV30: no
HV60: confirmed
RVI: yes

Trade: 
Entry: long put at 0.136
Target: 0.141
Stop: 0.134
Result and Conclusion:
 Screen Shot 2015-10-27 at 10.27.07 AM
 Position got out at target. However, should bear in mind that I could follow the trend and get more profit instead of getting out.

Daily Trade Commentary, Friday, 23 Oct 2015

Trade 1
Screen Shot 2015-10-23 at 10.18.50 AM
Aust: 
1hr MA: above
4hr MA: above
Trend: up maintain and held on by the moving average as support

China:
1hr MA: down
4hr MA: down
Trend: down

 HSI Overview:
1hr MA:below 1hr
4hr MA: supported
Trend: upwards bias
Obervation: price is above 4hr, but below 1hr, attempt 1hr cross, entry at second attempt
HV30: indicated
HV60: confirmed
RVI: flat

Trade: 
Entry: long call at 0.132
Target: 0.137
Stop: 0.130
Result and Conclusion:
 Screen Shot 2015-10-23 at 10.42.20 AM
 position got out at stop loss. and entry could have been much more ideal if i wanted for it to go towards a technical point where the possibility of support is evident, the 4hr ma.
also had to take note that CHINA was showing the strong downtrend.

Daily Trade Commentary, Thursday, 22 Oct 2015

Trade 1
Screen Shot 2015-10-22 at 10.17.22 am
Aust: 
1hr MA: above
4hr MA: above
Trend: up strong

China:
1hr MA: above
4hr MA: above
Trend: strong up

 HSI Overview:
1hr MA: cross above 1hr
4hr MA: below
Trend: upwards bias
Obervation: price is below 4 hr but cut above 1hr, regional market moving upwards and trading in a upward channel
HV30: indicated
HV60: confirmed
RVI: flat

Trade: 
Entry: long call at 0.192
Target: 0.198
Stop: 0.189
Result and Conclusion:
Screen Shot 2015-10-22 at 1.01.57 pm
position got out at stop loss. chart was turning down wards. henceforth, should have follow the trend to see that it was reversing and broken out of channel. Position would have made be profitable if entry was one bid earlier..
Instead of bids, focus on the trend.

Daily Trade Commentary, Tuesday, 20 Oct 2015

Trade 1
Screen Shot 2015-10-20 at 10.32.50 am
Aust: 
1hr MA: price is below
4hr MA: price is below.
Trend: flat day might be ranging market

China:
1hr MA: price below
4hr MA: price below
Trend: downwards

 HSI Overview:
1hr MA:price below
4hr MA: below
Trend: down
Obervation: i am trading countertrend
HV30: trending down
HV60: trending down
RVI: trending up – standard long signal

Trade:
Entry: long call at 0.121
Target: 0.126
Stop:0.119
Result and Conclusion:
Screen Shot 2015-10-20 at 11.02.29 am
so position got out at stop loss. counter trend trade not easy plus a ranging market henceforth might not be ideal to trade but think of going with the right direction, which is to short.

Trade 2
Aust: 
1hr MA: down
4hr MA: down
Trend: strong down, confirmation from all other regional market

China:
1hr MA: strong down
4hr MA: strong down
Trend: strong down from regional markets

HSI Overview:
1hr MA: down trend
4hr MA: downtrend
Trend: confirmation from all markets and more importantly china and HK charts show breaking support
HV30: upwards
HV60: flat
RVI: flat

Trade:
Entry: short call at 0.115 (selling at support)
Target: 0.113
Stop: 0.119
Result and Conclusion:
Screen Shot 2015-10-20 at 1.43.14 pm
Got out at stop loss. Mistakes: shorted too late when already at support, should have waited for the 5 min chart to bring back to a technical level such as 1hour MA resistance to initiate the short.

Trade 3
Screen Shot 2015-10-20 at 1.49.23 pm
Aust: 
1hr MA: same
4hr MA:
Trend:

China:
1hr MA: breaks above the ma
4hr MA: breaks above the ma
Trend: up

 HSI Overview:
1hr MA:  breaks above
4hr MA: resistance held on
Trend: might be bullish but I’m keeping with the HK index itself that trend is still down
Obervation: 1hr break above 4 hr held
HV30: down
HV60: still up
RVI: down

Trade: 
Entry: short call 0.119
Target: buy back 0.114
Stop: 0.121
Result and Conclusion:
Screen Shot 2015-10-20 at 2.08.23 pm
Profit, follow trend got out at profit but bear in mind, china market obey differently.

Daily Trade Commentary, Monday, 19 Oct 2015

Trade 1
Screen Shot 2015-10-19 at 11.08.30 am
Aust:
1hr MA: above
4hr MA: below
Trend: maintrend is down but reversal

China:
1hr MA: price break above 1hr
4hr MA: still below but attempting to break 4hr HSI China broke above 4hr
Trend: flat towards high

 HSI Overview:
1hr MA: above and support
4hr MA: below
Trend: upwards
Obervation: turning upwards with other regional market supporting view. Bear in mind, before that RVI was confusing
HV30: down
HV60: down
RVI: up

Trade:
Entry: long call 0.125
Target: 0.131
Stop: 0.124
Result and Conclusion:
profit taken out at Profit target.