Daily Trade Commentary, Monday, 30 Nov 2015

Trade

Screen Shot 2015-11-30 at 10.16.49 AM.png

Aust: 

1hr MA: above
4hr MA: below
Trend: reversing from a downtrend day

China:
1hr MA: above
4hr MA: above
Trend: trend up

 HSI Overview:
1hr MA: above
4hr MA: above
Trend: up, used 4hr as support but watch out for FIBO level resistance
HV30: yes
HV60: yes
RVI: no

Trade: 
Entry: Long (SP)  at 0.163
Target: 0.157
Stop: 0.166
Result and Conclusion:
 Screen Shot 2015-11-30 at 10.21.41 AM.png

 

position got out loss, fibo level resistance stronger and with ASX not confirming same direction

Daily Trade Commentary, Friday, 27 Nov 2015 (Trade 3)

Trade

Screen Shot 2015-11-27 at 10.42.16 AM.png

Aust: 

1hr MA: below
4hr MA: below
Trend: strong downtrend day

China:
1hr MA: below
4hr MA: below
Trend: trend down

 HSI Overview:
1hr MA: below
4hr MA: below
Trend: down, used 1hr Ma as resistance
HV30: yes
HV60: yes
RVI: no

Trade: 
Entry: Short (LP)  at 0.146
Target: 0.151
Stop: 0.144
Result and Conclusion:
 Screen Shot 2015-11-27 at 11.01.24 AM.png

 

position got out at profit. used 1hr. the correct way to enter a position

Daily Trade Commentary, Friday, 27 Nov 2015 (Trade 2)

Trade

Screen Shot 2015-11-27 at 10.14.43 AM.png

Aust: 

1hr MA: below
4hr MA: below
Trend: strong downtrend day

China:
1hr MA: below
4hr MA: below
Trend: trend down

 HSI Overview:
1hr MA: below
4hr MA: below
Trend: trend trade broke the support level
HV30: yes
HV60: yes
RVI: no

Trade: 
Entry: Short (LP)  at 0.149
Target: 0.154
Stop: 0.147
Result and Conclusion:
 Screen Shot 2015-11-27 at 10.26.11 AM.png

 

position got out at stop loss. wrong entry. cannot depend on the support resistance level of the long time frame might not be as accurate as the 1hr 4hr method.

Daily Trade Commentary, Friday, 27 Nov 2015

Trade

Screen Shot 2015-11-27 at 9.56.12 AM.png

Aust: 

1hr MA: cross above
4hr MA: below
Trend: just reversed up

China:
1hr MA: below
4hr MA: below
Trend: trend down

 HSI Overview:
1hr MA: below
4hr MA: below
Trend: countertrade trade based on support level and AUS reversal
HV30: no
HV60: no
RVI: ye

Trade: 
Entry: Long (SP)  at 0.144
Target: 0.139
Stop: 0.146
Result and Conclusion:

Screen Shot 2015-11-27 at 10.14.23 AM.png

position got out at stop loss. counter trend trade proved to be tricky and risky

Daily Trade Commentary, Wednesday, 25 Nov 2015

Trade

Screen Shot 2015-11-25 at 9.41.32 AM.png

Aust: 

1hr MA: below
4hr MA: below
Trend: strong downtrend day

China:
1hr MA: below
4hr MA: below
Trend: trend down

 HSI Overview:
1hr MA: crossing down towards 4hr ma
4hr MA: above
Trend: trend trade
HV30: yes
HV60: yes
RVI: no

Trade: 
Entry: Short (LP)  at 0.135
Target: 0.14
Stop: 0.133
Result and Conclusion:

Screen Shot 2015-11-25 at 9.49.28 AM.png

position got out at stop loss. wrong entry. wasn’t the right pattern where i use 1hr and 4hr Ma to place trade.

Daily Trade Commentary, Tuesday, 24 Nov 2015 (Trade 3)

Trade

Screen Shot 2015-11-24 at 2.19.17 PM.png

Aust: 

1hr MA: above
4hr MA: below
Trend: might be trending up, counter trend

China:
1hr MA: above
4hr MA: above
Trend: trend turned up

 HSI Overview:
1hr MA: crossing
4hr MA: below
Trend: countertrend trade
HV30: indicated
HV60: yes
RVI: up

Trade: 
Entry: Long (SP)  at 0.136
Target: 0.132
Stop: 0.138
Result and Conclusion:
 Screen Shot 2015-11-24 at 3.40.56 PM.png

position got out at profit. entry could have been better after it cross the 1hr or the 4hr ma. both could have made money. but be more patient with waiting for the opportunity

Daily Trade Commentary, Tuesday, 24 Nov 2015 (Trade 2)

Trade

Screen Shot 2015-11-24 at 10.09.58 AM.png

Aust: 
1hr MA: above
4hr MA: above
Trend: might be trending up

China:
1hr MA: below
4hr MA: below
Trend: trend turned down

 HSI Overview:
1hr MA: below
4hr MA: below
Trend: downtrend day. short when it hit the 1hr ma
HV30: no
HV60: flat
RVI: down

Trade: 
Entry: Short (LP)  at 0.129
Target: 0.134
Stop: 0.127
Result and Conclusion:
 Screen Shot 2015-11-24 at 10.42.03 AM.png

position got out at profit. Right way to trade, way for technical areas and signal. ie. using 1hr ma.

Daily Trade Commentary, Tuesday, 24 Nov 2015

Trade

Screen Shot 2015-11-24 at 9.48.27 AM.png
Aust: 
1hr MA: below
4hr MA: below
Trend: down

China:
1hr MA: below
4hr MA: below
Trend: trend turned down

 HSI Overview:
1hr MA: below
4hr MA: below
Trend: downtrend day. prices did not go near 1hr and 4hr ma.
HV30: no
HV60: flat
RVI: down

Trade: 
Entry: Short (LP)  at 0.130
Target: 0.135
Stop: 0.128
Result and Conclusion:
 Screen Shot 2015-11-24 at 10.06.34 AM.png

position got out loss. did not wait for the technical probable signal to go in. Guesstimate is not good enough

Daily Trade Commentary, Monday, 23 Nov 2015 (Trade 3)

Trade

Screen Shot 2015-11-23 at 1.05.48 PM.png
Aust: 
1hr MA: below
4hr MA: below
Trend: flat

China:
1hr MA: above
4hr MA: above
Trend: trend turned down

 HSI Overview:
1hr MA: below
4hr MA: below
Trend: trend turn down
HV30: indicated
HV60: confirmed
RVI:

Trade: 
Entry: Short (SC)  at 0.145
Target: 0.140
Stop: 0.147
Result and Conclusion:
 Screen Shot 2015-11-23 at 1.48.31 PM.png

position got out at profit. correct way of following the strategy