Daily Trade Commentary, Tues, 5 Jan 2016

Trade

Screen Shot 2016-01-05 at 9.48.19 AM.png

Aust: 

1hr MA: above
4hr MA: below
Trend: down
China:
1hr MA: above
4hr MA: above
Trend: up

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

Trade: 
Entry: Long (SP)  at 0.175
Target: 0.169
Stop: 0.178
Result and Conclusion:
 Screen Shot 2016-01-05 at 9.56.42 AM.png
position got out at loss, first trade should follow ASX, if the start of HSI is varied from the pattern of ASX. should know that it might be a flip day
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