Daily Trade Commentary, Monday, 2 Nov 2015

Trade 1
 10:21Screen Shot 2015-11-02 at 10.22.57 AM
1hr MA: below
4hr MA: below
Trend: strong downtrend, second attempt at breaking 1hr ma

1hr MA: above
4hr MA: below
Trend: turning up but still understand it as a downtrend. 2nd attempt at breaking 4hr ma

 HSI Overview:
1hr MA: above, first attempt to cross
4hr MA: below
Trend: downtrend, should longing is counter trend
HV30: indication
HV60: confirmed
RVI:  up.

Entry: short put at 0.177
Target: 0.171
Stop: 0.180
Result and Conclusion:
Screen Shot 2015-11-02 at 10.52.45 AM
10:55 position got out at profit. counter trend trade, but only with clear indication of breaking 1hr ma to be logically considered as a possible trade.

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