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.
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