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.
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