FX:HKG33 Summary of the week for the index. 1h chart form a golden cross below zero line and happen that 4h chart had formed the same golden cross even though both are below zero line. I took a aggressive & several long position. TP at 20735 level at time was looking at the index trying to close the week gap. I did keep some...
FX:HKG33 Hi ya everyone here's to a week filled with optimistic, progress and hapiness - may the market treat us well! As you can see from previous post ; last week 1h chart that the MACD & KDJ movement that gave us some insights testing the support level. It has climbing up steadily. quite handsome! It didnt breakdown to 19753 level and staying...
FX:HKG33 Testing at strong support level at ¬20240 if it breached, the index is going to test 19753. Hi ya! How is everyone looking at Hang Seng Index and its performance last week? From the 1h chart with MACD movement, seems the mometum is weakening, both index and indicator are in bearish crossover. As mentioned in previous post, we prefer to see the...
FX:HKG33 Look at 1H chart movement together with the MACD & KDJ indicator, the histogram for MACD line & signal line is getting weaker (you can see both indicators curve seems lower than the previous wave). We should monitor. marked the time zone where the index turned bearish for the 1H chart. There was no re-entry position as trading in Asia...
Sharing my trading idea and experience for FX:HKG33 From previous post, the 1H chart has been bullish. I have taken the profit and thereafter trying to find re-entry position. However, without checking the shorter time frame 30m, 15m it turns bearish for the shorter time frame. Re-entered at 22500. As you can see from the chart. It's is a...
FX:HKG33 Entered too early before the pullback. Has to hold over the trading closed day. Was intended to SL the positions if the downtrend continue. However, the market reopen with strong bullish volume. The short time frame (tf) turned uptrend and the index gap-up. However, the MACD + KDJ showing uptrend for 1H chart. Hence, decided to continued...