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
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