Daily Trade Commentary, Tuesday, 8 Dec 2015

Trade

Screen Shot 2015-12-08 at 10.20.54 AM.png

Aust: 

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

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

Trade: 
Entry: Short (LP)  at 0.170
Target: 0.176
Stop: 0.167
Entry based on CHINA A50, and HSI trend. ASX losing its grip.
Result and Conclusion:
 Screen Shot 2015-12-08 at 10.59.19 AM.png

position got out at profit

took the trend from China  and ASX lost it grip,

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