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
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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
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Bearish bias intact , I keep short
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move stop to 21701 to lock in profits, no risk on this trade
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Bearish bias intact , keep short
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I moved stop to 20400
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Trailed stop to 19850 , following the trend
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Trailed stop to 18950 , and closed 50% position . Remaining position just residual profits