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.
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