Hsf
HSI / 60m / Break out of Key level Resistance2017-12-22
An update to our previous discussion on HSI.
Previously the market was at the area of decision where either it will break above the Key Level ("KL") Structure Resistance or we could see a price rejection. Now HSI has shown strength and broke above the KL and start to form a small consolidating area right above KL. We are looking for a retest of structure (Green Zone) for an Long entry.
Hang Seng Index Future / 15m / Structure tradingMorning Post (2017-7-31)
HSI Gap down 50 pips on last Friday. In short term, this acts as a resistance. (Red Zone)
Trading Tips:
1. Look for a retest near 26,870
2. Next support level near 26730
Once we reach these levels, look for an entry trigger before entering!
Hang Seng Index Future / 15m Morning Post (2017-7-27)
It looks like HSI is losing its momentum in yesterday's section. In short term, the market may go sideways or even retest previous Key Level Support (near 26,700). However, we still expect the market to remain strong if it BO previous High.
Trading Tips:
Although the market has not shown a clear direction on 15m timeframe, our main strategy is still to focus on Long opportunities as HSI has been strong lately.
1. Look for reversal patterns at current level
2. Look for a consolidation then BO near Prev High
3. Bat completion, In case it retraces back to previous Key Level Support (near 26,700)
Hang Seng Index Future / 15m / Inv. Triangle BOTrade Analysis (2017-7-24)
Trading Tips:
HSI just broke out another Key level Structure Support (26,780) and consolidating above this level.
Another Triangle BO occurs and we entered when the market retested the trend line.
SL 1ATR below previous structure low.
Hang Seng Index Future / 15m Morning Post (2017-7-24)
HSI has been literally moving sideways (26,642-26,789) for the past 3 trading days. We were expecting a BO on the upside, however, the market has weakened during Friday night and dropped to the bottom of the consolidation zone (26,642-26,789).
As long as HSI stays above 26,642, the market still looks strong. In case the level is broken, next significant structure support would be near 26,400.
Trading Tips:
1. Look for a reversal confirmation at current level
2. If you want to SHORT, wait for a lower low to confirm a short term downtrend
Hang Seng Index Future / 15m / Triangle BOMorning Post (2017-7-21)
HSI remains strong after the BO of Key Level Structure last week. Currently, it looks like the HSI is consolidating and waiting for another BO.
Trading tips:
1. We look to enter after a BO on the top
2. We may also look for entry triggers if the market retest the previous BO level (near 26,660)
In case you had entered during last week BO level and used a trailing stop for TP#2, we are still in the trade.
Hang Seng Index Future / 60m / LongMorning Post (2017-7-20)
Market Analysis
HSI continues to stay strong and BO the consolidation on 60m chart. We can see the BO area as a short term Support. Keep in mind if this level is broken, the market is likely to go side-way again for a while.
Trading tips:
1. Look for entry confirmation near the BO area (near 26,620)
Hang Seng Index Future / 15 / Gartley PatternMorning Post (2017-7-18)
HSI has slightly retraced from the top (Near 26,642), however, it is still holding above previous consolidation area (26,280).
As long as HSI does not break this level, the market is still looking strong. In case it breaks, we shall look at previous structure support (26,010).
Trading tips:
1. Gartley Pattern completion near 26,320
2. Look for Reversal Patterns near structure level.
Hang Seng Index Future / 15 / LongMorning Post (2017-7-17)
HSF is gradually approaching 2015 structure area (Near HSI 26500), so there is still room for profit on the top. Keep in mind that if it breaks previous short term structure support, you may need a trailing stop on your previous positions. Meanwhile, a trend trading strategy would be applicable to this market.
Trading Tips:
1. Look for a BO near current level
2. Enter with confirmation near previous structure support (Green Zone).
Hang Seng Index Future / 60mMorning Post (2017-7-13)
HSF BO and held above previous top (near 26100), as long as it holds above this level the market looks bullish. However, the risk of entering now is too high and we should wait for the best area to enter.
Trading Tips:
1. Look for a retest of previous structure inside the Blue Zone
2. Look for another consolidation and enter at BO
Hang Seng Index Future / 60 / Trading TipsMorning Post 11-July-2017
Trading Tips:
Our view of the market is towards bearish, however, HSF has no direction at this movement.
1. Look for a BO to the downside for trend continuation trades
2. Bearish Bat/Gartley formation inside the red zone
3. If we have a BO of Previous Top (near 25600), we may have a short term bull opportunity.