20060329 3:40 pm. A simple setup. 1. the 3 moving averages ocme together, indicating the sideways congestion 2 add/subtradt 25 pts from the 20 mov avg to get a trigger price to take breaks out of this range, in this case 15738 3. There is a further horizontal area of support 15741 close to the level identified previously. Shorts taked on breach of these 2 levels.
HSI Futures Trading
The Hang Seng Index Futures (HSI) traded on the Hong Kong Exchange is a highly volatile trading instrument, which can lead to huge losses or gains. This will chronicle and log trade setups for this futures contract on an intraday basis. Using technical analysis to try to profit from swings in the market.
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