Daily Trade Commentary, Monday, 9 Nov 2015

Trade
 Screen Shot 2015-11-09 at 10.08.53 AM
Aust: 
1hr MA: below
4hr MA: below
Trend: downwards

China:
1hr MA: above
4hr MA: above
Trend: strong uptrend. taking counter here

 HSI Overview:
1hr MA: above
4hr MA: above
Trend: trading on the long side. taking clues from CHINA and also on daily chart, it cross above the support level.
HV30: indicated
HV60: flat
RVI:  down.

Trade: 
Entry: Long (LC)  at 0.143
Target: 0.148
Stop: 0.141
Result and Conclusion:
 Screen Shot 2015-11-09 at 10.23.16 AM

position got out at profit.

went long instead of follow AUS because of 1) china showing strong uptrend 2) HSI breaking the resistance and it will turn into support

Screen Shot 2015-11-09 at 12.16.08 PM

I need to take note that I might have gotten out too early. Take note

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