Daily Trade Commentary, Monday, 23 Nov 2015 (Trade 2)

Trade

Screen Shot 2015-11-23 at 10.04.43 AM.png
Aust: 
1hr MA: above
4hr MA: above
Trend: uptrend

China:
1hr MA: above
4hr MA: above
Trend: trend turned up

 HSI Overview:
1hr MA: above
4hr MA: above
Trend: uptrend, note that it broke 1hr and 4hr ma
HV30: indicated
HV60: confirmed
RVI: sloping up

Trade: 
Entry: Long (LC)  at 0.15
Target: 0.155
Stop: 0.148
Result and Conclusion:
 Screen Shot 2015-11-23 at 1.02.25 PM.png
position got out loss. asx and china turned down.
would have made 4 pips, so the target of 5 pips still makes sense so as not be taken out unnecessarily
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