Daily Trade Commentary, Friday, 27 Nov 2015

Trade

Screen Shot 2015-11-27 at 9.56.12 AM.png

Aust: 

1hr MA: cross above
4hr MA: below
Trend: just reversed up

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

 HSI Overview:
1hr MA: below
4hr MA: below
Trend: countertrade trade based on support level and AUS reversal
HV30: no
HV60: no
RVI: ye

Trade: 
Entry: Long (SP)  at 0.144
Target: 0.139
Stop: 0.146
Result and Conclusion:

Screen Shot 2015-11-27 at 10.14.23 AM.png

position got out at stop loss. counter trend trade proved to be tricky and risky

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