Daily Trade Commentary, Monday, 19 Oct 2015

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

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

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

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s