Please comment on this chart if you have time.

Discussion in 'Technical Analysis' started by semperfrosty, May 20, 2023.

  1. TheDawn

    TheDawn

    Can you see the price axis on the right to see how the PA is progressing? Anyway from the last chart that you posted, the level 7397 - 7400 should become a significant support should the price break out to the higher. The current resistance seems to be at around 7600 where there is a lot of congestion around that price level.
     
    #51     May 22, 2023
    semperfrosty likes this.
  2. SunTrader

    SunTrader

    Current 60min chart pic (actually delayed data) from TradingView:-
    ! AUS200_60min.png
     
    #52     May 22, 2023
    semperfrosty likes this.
  3. did you traded that 2% move? what is your commission for trading asia futes market? i heard it i expensive as heck.
     
    #53     May 22, 2023
  4. Sorry everyone,I didnt mean to omit the price axis.

    Please see below,with the rest of the day action.60 minute chart.

    upload_2023-5-22_23-27-33.png
     
    #54     May 22, 2023
    murray t turtle likes this.
  5. I'm probably a hybrid.

    Ideally I like to get a good entry and be able to hold for days and weeks.Overnight is no issue.

    However if I recognise a range based period then Ive been able to long and short for small moves off the extremities.

    Thanks,I'll have a look at Hangseng.
     
    #55     May 22, 2023
  6. Thanks TD.I've uploaded a better chart.
     
    #56     May 22, 2023
  7. Thanks UST.

    Do you think it could have been traded today?
     
    #57     May 22, 2023
  8. Hey Vin,

    Its about $20 per round trip comms.

    $25 per point per contract for each point that moves for or against you.
     
    #58     May 22, 2023
  9. Thanks Sid.:thumbsup:

    Yep,couldnt make its mind up today.
     
    #59     May 22, 2023
    murray t turtle likes this.
  10. Spot on mate.:D
     
    #60     May 22, 2023