Trading the Hang Seng
Ever wanted to trade the Hang Seng index but not sure how? In this video, we show run through how we set up for trading, what time frames are important and how to find the key levels.
When setting up for trading, mark up your chart with the key support and resistance zones so you know when to expect some congestion in the price action and a potential change in direction. It is also important to mark up the close and open times for both the index market and the futures market to know when the opens will impact the price action.
We take you through two intra-day trades we took on the Hang Seng. You will see how we selected the entry and exit points for our 2 successful trades, how we assessed the market action and used multiple time frames to time the trades.
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