Daily Trade Commentary, Thursday, 12 Nov 2015

Screen Shot 2015-11-12 at 10.32.21 AM
1hr MA: below
4hr MA: above
Trend: overall is up, but with china and other regional looking downwards

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

 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: down
HV60: uo
RVI:  down.

Entry: Short (LP)  at 0.151
Target: 0.156
Stop: 0.149
Result and Conclusion:
 Screen Shot 2015-11-12 at 11.02.18 AM
position got out at stop loss. HSI is still on its own trend and australia also show upwards. So should not be too affected by what is happening with China. Follow the trend

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