Daily Trade Commentary, Thursday, 5 Nov 2015

Trade 1
 Screen Shot 2015-11-05 at 10.07.46 AM
Aust: 
1hr MA: above
4hr MA: below
Trend: counter trend

China:
1hr MA: above
4hr MA: above
Trend: was down, but china market show strong reversal

 HSI Overview:
1hr MA: wait for it to go above
4hr MA: below
Trend: downtrend but following cues from china and taking counter trend trade
HV30: indicated
HV60:flat
RVI:  up.

Trade: 
Entry: Long (LC)  at 0.185
Target: 0.191
Stop: 0.83
Result and Conclusion:

Screen Shot 2015-11-05 at 10.11.36 AM

position got out at Profit. But bear in mind 4 hr Ma, continue to monitor I might get out at a better profit.

Further Observation  : position could have gotten out higher at the 4hr ma

Screen Shot 2015-11-05 at 10.23.47 AM

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