Daily Trade Commentary, Wednesday, 18 Nov 2015

Screen Shot 2015-11-18 at 9.50.53 AM.png
1hr MA: above
4hr MA: above
Trend: ranging market

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
HV30: no
HV60: flat
RVI: down.

Entry: Short (LP)  at 0.166
Target: 0.172
Stop: 0.163
Result and Conclusion:
 Screen Shot 2015-11-18 at 10.04.04 AM.png
position got out at profit. good entry waited all the way till a technical position i.e. resistance at 1hr ma to enter. Exit also pre planned

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