Get started
Mini Hang Seng Index FuturesMini Hang Seng Index FuturesMini Hang Seng Index Futures

Mini Hang Seng Index Futures

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Forward curve Seasonals Contracts

MHI1! trade ideas

HSI1! 2021 Jan Week HKEX:HSI1! HSI1! 2021 Jan 25 Week Red Greed zones = preferred entry levels Grey box = price rotation If we look at the daily/weekly chart, the high is nearing 30336, previous resistance. Immediate price watch 29488, 29672 Resistant3 = 30336 (Previous high, supply area) Resistant2 = 30098 - 30143 Resistant1 = 29857 - 29905 Support1 = 29323 - 29362 Support2 = 28970 - 29000 Trade Management Profit target can be 30% / 50% / till next zone Remember to Like and Follow if you find this useful. Have a safe and successful trading week ahead.
HKEX:HSI1!
by paradox677
1
HSI - A breather for 'Longsters' a reprieve for 'Shortist' ?If today's Daily candle can close bearish ( strongly ), We may well see a retracement to 28550 at Fib38.2. The past 4 weeks have seen frenzied buying and many have hopped onto the momentous band-wagon. Quite a good time to buy back some of the liquidity at lower levels(best if prices drop fast and weak holders cut losses). So, if the market is not so bullish at that point (Fib38.2), we may see it move further to 28050 at Fib50 and momentum to 27560 at Fib61.8 (have to see how fast the market falls 1st). *Do not get me wrong, I'm still bullish overall but I do see trading opportunities in Shorting. Be cautious and set your SL as you are canoeing against the current, the moment you stop paddling, the strong currents will bring you quickly back to square-one. Conversely, wait to buy-in at the fib levels and follow the current. It's all about the type of trader you are! Good Luck!
HKEX:HSI1!Short
by Hungrypippo
HSI1! 2021 Jan 18 Week HKEX:HSI1! HSI1! 2021 Jan 18 Week Red Greed zones = preferred entry levels Grey box = price rotation Price rejection observed at 28675 - 28620 Price rotation observed (grey box) For a long trade the bottom of Bar A should not be broken. Intermediate support = 28313 - 28371 Resistant2 = 28970 - 29000 Resistant1 = 28620 - 28675 Support1 = 28168 - 28198 Support2 = 27757 - 27806 Support3 = 27402 - 27461 Trade Management Profit target can be 30% / 50% / till next zone Remember to Like and Follow if you find this helpful :) HKEX:HSI1!
HKEX:HSI1!
by paradox677
5
HS1! 2021 Jan 11 Week HS1! HSI1! 2021 Jan 11 Week Red/Green zones are preferred entry area. Intermediate 27753 resistance was broken through and has now become intermediate support. Though B sees a rejection, the volume isnt' as high as I'd like to see. The bar after it is a down bar on low volume. Notice also the price rotation zone marked out by the grey box. Let's see if market is buidling up for higher prices or if this is topping over. Resistant3 = 28619 - 28755 Resistant2 = 28318 - 28379 Resistant1 = 27958 - 28012 Intermediate support = 27780 - 27806 Support1 = 27645 - 27690 Support2 = 27400 - 27461 Support3 = 26854 - 26947
HKEX:HSI1!
by paradox677
HSI1! 2021 Jan 06 Midweek Update HKEX:HSI1! HSI1! 2021 Jan 06 Midweek update Post Monday 4 Jan's observation Price if continues on an uptrend, I will look to buy if I see a Ultra High Volume wide spread down bar has formed, examples marked by red triangle. Remember to look for entry on a lower timeframe. Resistant3 = 28619 - 28755 Resistant2 = 28318 - 28379 Resistant1 = 27901 - 28012 Intermediate resistant = 27753 (price rejection from 2020 Feb 10) Support1 = 27325 - 27400 Support2 = 26854 - 26947 Click like or follow if you find this useful.
HKEX:HSI1!
by paradox677
2
Accumulation and Timing the Trades.For second week in a row, we sold on Thursday anticipating a selloff on Friday but both times it happened on Monday. We sold in good areas but timing was off by a day. I am not comfortable holding a trade over the weekend unless well in profit. It can be argued that trades should be given enough room and time. Valid point but Gaps are a common theme in HSI futures and i have seen gaps of up to 1000 points. I always insist on timing the trades because i personally like to time the quickest moves in the market and then spend majority of the time on the sidelines. Staying on the sidelines help me stay unbiased. For market makers to accumulate, we retail traders have to sell. In order for us to sell, market has to look weak, indicators have to give sell signals, wave counts have to suggest 3rd of 3rd of 3rd. Up moves have to look laboured while the sharp moves are swift and so on.
HKEX:HSI1!
by Dec0der
64
HS1! 2020 Nov 30 Week PlanningHS1! Bar 1 Price tried to break out of the resistance zone before meeting rejection to higher prices, closing in the lower region of the bar. The breakout is not convincing Bar 2 Another breakout attempt, but made a lower high than bar 1. There is some demand as price close slightly above middle of the bar. Reason for caution is that although the top of the resistance at 26876 is beginning to act like support, we are still in the supply area of Bar 1. And the diminishing volume on the breakout attempts tell us that bullish strength is not really present. Scenario planning: 1) 26876 resistance turned support and strong buy volume comes in. Will it attempt to close the gap from February 2020? 2) Mark up on low volume continues before price reversal 3) Price reversals back into resistance zone, and subsequently goes lower back into the rotation range Trade with care for 30 Nov week.
HKEX:HSI1!
by paradox677