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Gav

RE:SIMSCI 07-JUL-2006:2nd trade: Long trade closed

by Gav Leave a Comment

Second trade of LONG position was closed at 291.6. After seeing potential negatvie divergence fo MACD-H, failure swing of RSI, increasing in selling volume, and 12-p EMA failed to cross above 21-p EMA, exit decision was made. In addition, HangSeng closed in negative territory did not give me a good feeling of holding on Long position as well. Second trade of the day closed with -0.3 loss.
That’s all for the day. I close my day and week in positive note.

Filed Under: Rant Tagged With: SIMSCI

SIMSCI 07-JUL-2006: 2nd trade : Long position

by Gav Leave a Comment

Second trade for today,Long position of SIMSCI was established at 291.9.

Filed Under: Rant Tagged With: SIMSCI

RE: SIMSCI 07-JUL-2006: Short position Closed.

by Gav Leave a Comment

This is a quick trade. My target for short position was reached at 290.7 which is the top of intraday support area. One trade closed with +0.7 points gain.

chart will be posted later.

Filed Under: Rant Tagged With: SIMSCI

RE:SIMSCI 07-Jul-2006: Short position

by Gav Leave a Comment

Short position of SIMSCI was established at 291.4 after a descending triangle is formed. Close trailing stop is used as market is rather undecisive

Filed Under: Rant Tagged With: SIMSCI

SIMSCI 07-JUL-2006

by Gav Leave a Comment

‘You lost some, You win some’, that was what happened to DJ. It lost around -70 point previous days, and gained around +70 points last nite.
In the first hour of trading SIMSCI was undecisive. I have yet to see a clear direction for today.

Filed Under: Rant Tagged With: SIMSCI

Take stock 07-Jul-2006

by Gav Leave a Comment

I am pretty lazy in stocks trading. One interesting counter appears in my screen.

China HongXing.

It shows me some good price setup to LONG for the coming week.

Filed Under: Old blog archive

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