Daily Trade Commentary, Wed, 30 Dec 2015

Trade

Screen Shot 2015-12-30 at 9.55.14 AM.png

Aust: 

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

 HSI Overview:
1hr MA: below
4hr MA: below
Trend:used intraday  support and break downwards
HV30: yes
HV60: yes
RVI: yes

Trade: 
Entry: Short (LP)  at 0.135
Target: 0.140
Stop: 0.137
Result and Conclusion:
Screen Shot 2015-12-30 at 11.21.37 AM.png
position got out at profit. position could be held longer
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Daily Trade Commentary, Tue, 29 Dec 2015

Trade

Screen Shot 2015-12-29 at 9.43.08 AM.png

Aust: 

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

 HSI Overview:
1hr MA: above
4hr MA: above
Trend:used intraday resistance, broke and asx also up (1st trade)
HV30: yes
HV60: yes
RVI: no

Trade: 
Entry: Long (SP)  at 0.144
Target: 0.139
Stop: 0.146
Result and Conclusion:
Screen Shot 2015-12-29 at 10.00.24 AM.png
position got out at profit. position could be held longer

Daily Trade Commentary, Mon, 28 Dec 2015

Trade

Screen Shot 2015-12-28 at 9.37.06 AM.png

Aust: 

not opened

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

 HSI Overview:
1hr MA: below
4hr MA: below
Trend:used intraday resistance, broke and HSI H shares also broke intraday
HV30: yes
HV60: yes
RVI: no

Trade: 
Entry: Short (SC)  at 0.180
Target: 0.174
Stop: 0.183
Result and Conclusion:
Screen Shot 2015-12-28 at 1.17.31 PM.png
position got out at profit. trade took quite long time to realise. also take note of the longer timeframe daily chart support level which was where the profit could have been taken.

Daily Trade Commentary, Wed, 23 Dec 2015

Trade

Screen Shot 2015-12-23 at 9.36.02 AM.png

Aust: 

1hr MA: above
4hr MA: above
Trend: up
China:
1hr MA: below
4hr MA: below
Trend: down

 HSI Overview:
1hr MA: above
4hr MA: above
Trend:used intraday resistance, broke and HSI H shares also broke intraday with ASX 4hr ma support
HV30: no
HV60: no
RVI: yes

Trade: 
Entry: Long (SP)  at 0.145
Target: 0.140
Stop: 0.147
Result and Conclusion:
Screen Shot 2015-12-23 at 9.36.22 AM.png
position got out at profit. correct reaction. first trade follow ASX.

Daily Trade Commentary, Monday, 21 Dec 2015

Trade

Screen Shot 2015-12-21 at 9.58.41 AM.png

Aust: 

1hr MA: above
4hr MA: above
Trend: ranging
China:
1hr MA: above
4hr MA: below
Trend: up

 HSI Overview:
1hr MA: above
4hr MA: above
Trend:used intraday resistance
HV30: yes
HV60: yes
RVI: no

Trade: 
Entry: Long (LC)  at 0.169
Target: 0.176
Stop: 0.167
entry can be better with using 4hr ma as key technical signal
Result and Conclusion:
Screen Shot 2015-12-21 at 9.58.41 AM.png
position got out at profit.

Daily Trade Commentary, Thursday, 17 Dec 2015 (trade 3)

Trade

Screen Shot 2015-12-17 at 11.10.54 AM.png

Aust: 

1hr MA: above
4hr MA: above
Trend:  up supported by 4hr ma
China:
1hr MA: above
4hr MA: above
Trend: up but crossing down from 1hr ma.

 HSI Overview:
1hr MA: above
4hr MA: above
Trend: up looking for counter rend trade.
HV30: down
HV60: down
RVI: yes

Trade: 
Entry: Short (SC)  at 0.196
Target: 0.190
Stop: 0.199
Entry based on crossing 1hr ma and going to 4hr ma.
Result and Conclusion:
 Screen Shot 2015-12-17 at 11.52.43 AM.png

position got out at profit. counter trend trade based on china since its trade 3

Daily Trade Commentary, Thursday, 17 Dec 2015 (trade 2)

Trade

Screen Shot 2015-12-17 at 9.56.20 AM.png

Aust: 

1hr MA: above
4hr MA: above
Trend:  up supported by 4hr ma
China:
1hr MA: above
4hr MA: above
Trend: up

 HSI Overview:
1hr MA: above
4hr MA: above
Trend: up, was flat, but broke intraday resistance.
HV30: down
HV60: up
RVI: yes

Trade: 
Entry: Long (LC)  at 0.190
Target: 0.196
Stop: 0.187
Entry based on crossing intraday resistance
Result and Conclusion:
 Screen Shot 2015-12-17 at 10.05.26 AM.png

position got out at profit , should look forward more to see where it can go. Potentially in situation like this, i must change perspective to 4hr or 1day ma. for another profit taking level

Daily chart shows that the index move more and cross an important resistance level.

Daily Trade Commentary, Thursday, 17 Dec 2015

Trade

Screen Shot 2015-12-17 at 9.45.04 AM.png

Aust: 

1hr MA: above
4hr MA: above
Trend:  up supported by 4hr ma
China:
1hr MA: above
4hr MA: above
Trend: up

 HSI Overview:
1hr MA: above
4hr MA: above
Trend: up, was flat, but broke 4hr ma. that is the technical signal
HV30: up
HV60: up
RVI: yes

Trade: 
Entry: Long (LC)  at 0.180
Target: 0.186
Stop: 0.177
Entry based on crossing 4hr ma, and 1hr ma. supported with china and asx going same direction
Result and Conclusion:
 Screen Shot 2015-12-17 at 9.46.58 AM.png

position got out at profit , should look forward more to see where it can go. Potentially in situation like this, i must change perspective to 4hr or 1day ma. for another profit taking level

Daily Trade Commentary, Wednesday, 16 Dec 2015 (trade2)

Trade

Screen Shot 2015-12-16 at 1.46.39 PM.png

Aust: 

1hr MA: above
4hr MA: above
Trend:  up
China:
1hr MA: below
4hr MA: below
Trend: down

 HSI Overview:
1hr MA: below
4hr MA: above
Trend: trade based on crossing 1hr ma support and that HSI H is cross 4hr ma.
HV30: down
HV60: down
RVI: yes

Trade: 
Entry: Short (LP)  at 0.178
Target: 0.184
Stop: 0.175
Entry based on cross 1hr ma and hsi china crossing below 4hr
Result and Conclusion:
 Screen Shot 2015-12-16 at 3.36.36 PM.png

position got out at profit based on china

Daily Trade Commentary, Wednesday, 16 Dec 2015

Trade

Screen Shot 2015-12-16 at 9.37.20 AM.png

Aust: 

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

 HSI Overview:
1hr MA: above
4hr MA: above
Trend: trade based on crossing intraday resistance
HV30: up
HV60: up
RVI: yes

Trade: 
Entry: Long (SP)  at 0.188
Target: 0.182
Stop: 0.191
Entry based on ASX, first trade
Result and Conclusion:
 Screen Shot 2015-12-16 at 9.55.14 AM.png

position got out at profit based on ASX. and crossing of intraday resistance