Bearish Alert for Hang Seng Index

Good day traders,

A Black Friday can be turned into a Red Friday for HK stocks. I don´t usually post stocks trades but this seems interesting with a 20% potential move.

I entered short at current levels for a 18.000 target

Bear in mind this could drag down rest of indices

You can subscribe to my mailing list for FX Alerts : eepurl.com/bp_sgP

6 Trading Rules :

1. Never add to a losing position .
2. Don´t be the first to buy low and sell high ., and don´t be the last one to exit
3. Think like a fundamentalist, trade like a technician .
4. Keep your analysis simple
5. Start small and increase exposure when trend is confirming your analysis
6. The hard trade is the right trade

Josep Pocalles

Giao dịch đang hoạt động:

Bearish bias intact , I keep short

Giao dịch đang hoạt động:

move stop to 21701 to lock in profits, no risk on this trade

Giao dịch đang hoạt động:

Bearish bias intact , keep short

Giao dịch đang hoạt động:

I moved stop to 20400

Giao dịch đang hoạt động:

Trailed stop to 19850 , following the trend

Giao dịch đang hoạt động:

Trailed stop to 18950 , and closed 50% position . Remaining position just residual profits