Daily Trade Commentary, Wednesday, 14 Oct 2015

Trade 1

Screen Shot 2015-10-14 at 10.38.00 am
1hr MA: turn up, cut above
4hr MA: prices above 4hr
Trend: uptrend

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

 HSI Overview:
1hr MA: above
4hr MA: below
Trend: flat day more incline towards up
Obervation: i am entering the position on support but looking at the 4hr moving average to see if it will berak. I think it is likely to break on second attempt
HV30: indicated
HV60: confirmed
RVI: confirmed

Entry: long call 0.175
Target: 0.181
Stop: 0.172
Result and Conclusion:
Screen Shot 2015-10-14 at 10.56.56 am
position got out at profit. RVI show flat, but follow according to plan.

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