Daily Trade Commentary, Wednesday, 18 Nov 2015 (Trade 2)

Trade

Screen Shot 2015-11-18 at 10.49.04 AM.png
Aust: 
1hr MA: above
4hr MA: above
Trend: ranging market but breaking out of the range upwards

China:
1hr MA: above
4hr MA: above
Trend: uptrend

 HSI Overview:
1hr MA: below
4hr MA: below
Trend: downtrend, took the trade based on1 hr ma resistance again
HV30: no
HV60: no
RVI: down.

Trade: 
Entry: Short (LP)  at 0.173
Target: 0.179
Stop: 0.170
Result and Conclusion:
 Screen Shot 2015-11-18 at 11.03.54 AM.png
position got out at loss. China spiked up
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