[photopress:simsci_full_day.jpg,full,pp_image] This is 12-min chart for SIMSCI today From today’s trade, I am convinced to admit that it is still long way to go before I can call myself a good trader. Again, I have made a mistake. I have mixed up trading time frame. After trade execution , I switch to 9-min chart to […]

Short order was triggered at 281.7 as lower high was formed. Market is rather slow. Trailing stop is moving rapidly in order to catch small intraday movement

It sets to be a flat to negative day to me. Nikkei opened flat after overnight negative DJ. I am not optimistic about this opening. It shows to me the weakness of buyers. It is either no buying stay aside or sell. Looking at daily chart of SIMSCI , so far so good, downtrend is […]

[photopress:simsci_120min_full_day.jpg,full,pp_image] I am doing some analysis retrospectively. However, this is neccessary. I missed a trade today. The main reason was due to weak HangSeng and Nikkei. A nice swing setup was appearing in front of me, and yet I was caught by prejudice of market sentiment. Right or wrong, it depends. I was preventing myself […]

What a boring day. Again, short stop order was not triggered and SIMSCI indeed made a new day high. I have canceled my order and called it a day. With Nikkei lost about -300 points, it seems to be not enough to pull SIMSCI down. All pattern failed to form sucessfully. There might be opportunity […]

Another mind twisting day. After seeing the chart formation, I am looking at short level at 281.4 (modified from 281.1). SIMSCI is too weak to push up further.