Daily Trade Commentary, Friday, 27 Nov 2015 (Trade 3)

Trade

Screen Shot 2015-11-27 at 10.42.16 AM.png

Aust: 

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

China:
1hr MA: below
4hr MA: below
Trend: trend down

 HSI Overview:
1hr MA: below
4hr MA: below
Trend: down, used 1hr Ma as resistance
HV30: yes
HV60: yes
RVI: no

Trade: 
Entry: Short (LP)  at 0.146
Target: 0.151
Stop: 0.144
Result and Conclusion:
 Screen Shot 2015-11-27 at 11.01.24 AM.png

 

position got out at profit. used 1hr. the correct way to enter a position

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