Daily Trade Commentary, Monday,7 Dec 2015

Trade

Screen Shot 2015-12-07 at 9.41.37 AM.png

Aust: 

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

 HSI Overview:
1hr MA: below
4hr MA: above
Trend: down
HV30: down
HV60: down
RVI: up

Trade: 
Entry: Short (LP)  at 0.178
Target: 0.184
Stop: 0.175
Result and Conclusion:
 Screen Shot 2015-12-07 at 9.55.16 AM.png

position got out at profit.

do not rush the entry. look for second break confirmation

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