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

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