Morning Post (2017-8-2)
HSI remains strong with no sign of turning back. Thus we continue to apply trend trading strategy and look for opportunities near previous High!
Trading Tips:
1. Look for confirmation near previous top (near 27,480)
Morning 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!
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...
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,...
Morning 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...
FX Analysis (2017-7-20)
USDCAD has just broke out the Triangle consolidation area (Blue arrows).
We look to short at a retest of the BO Line.
TP#1 @Fib Level 1.618, which is also a Key Level Structure support on Weekly Chart. Thus, we should look to cover all positions before this level.
Additional:
In the bigger picture, we should expect some sort of...
Morning 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)
Morning Post (2017-7-19)
HSF BO the Trendline after retesting previous Structure Support.
Entered near 26,500
TP#1 @26,629
TP#2 @26,728 (or we can use trailing stop since no significant resistance ahead)
Morning 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....
Morning 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...
Morning 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
Morning Post (2017-7-12)
HSF BO the downtrend trendline. Next key level resistance near 26360.
Trading Tips:
1. Look for a retest of trendline
2. Look for BO after consolidation near the Blue Zone
3. Look for a retest of lower level structure (Green Zone)
Morning 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.
