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Friday, 15 January 2016

Hang Seng Index Technical Analysis For Your Learning : 15 January 2016, Friday, 10.51am Singapore Time


Attached above is the 4-hourly chart for the Hong Kong Hang Seng Index (HSI).

Longs Entry and Longs Exit (risk management) as shown on the technical analysis above.
It would have been a big gain if it shot up after the break up of pink resistances.
Reward-risk ratio is very good when trade was taken.
This is the beauty of the game: poker's liar and lots of treacherous play.

Weekend is coming.
Do not want to hold this longs over the weekend.

Above are the losses in (HK) Hong Kong Dollar (HKD).
Below are the losses converted into (SD) Singapore Dollar (SGD).



Losses in this trade:
 -S$ 9,325 SGD

Cumulative:
S$ 49,041 - S$ 9,325
= + S$ 39,716 SGD

Trading Journal:


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