Daily Trade Commentary, Wed, 6 Jan 2016 (Trade 2)

Trade

Screen Shot 2016-01-06 at 10.49.03 AM.png

Aust: 

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

 HSI Overview:
1hr MA: below
4hr MA: below
Trend: up
HV30: no
HV60: no
RVI: yes

Trade: 
Entry: Short (LP)  at 0.134
Target: 0.139
Stop: 0.132
Result and Conclusion:
 Screen Shot 2016-01-06 at 10.57.18 AM.png
position got out at profit, second trade follow HSI and China more than ASX. Saw that HSI H shares are coming down nicely. follow the direction and short

 

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s