Daily Trade Commentary, Tues, 19 Jan 2016

Trade

Screen Shot 2016-01-19 at 9.49.15 AM.png

Aust: 

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

 HSI Overview:
1hr MA: above
4hr MA: above
Trend: up
HV30: yes
HV60: yes
RVI: yes

Trade: 
Entry: Long (SP)  at 0.194
Target: 0.188
Stop: 0.197
Result and Conclusion:
 Screen Shot 2016-01-19 at 10.22.23 AM.png

profit out at loss, bear in mind 10am China announced GDP figures. and market reacted. could have practised discretionary trading decision and get out. and also positioning was almost at target.

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