‘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.
Take stock 07-Jul-2006
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.
RE: SIMSCI 06-Jul-2006: Long trade closed:Chart
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RE: SIMSCI 06-Jul-2006: Long trade closed.
After seeing another ascending triangle formed in the afternoon session, I went Long on SIMSCI futures at 291.3. Long trade was closed at 292.3. I do not consider this as a good trade, though It was a profitable trade. As my initial target was at 292.6 which was found as intraday resistance. I exited earlier […]
RE: SIMSCI 06-JUL-2006: Potential long
Long position has been established at 291.3. This is second entry of the day to Long SIMSCI futures.
RE:SIMSCI 06-Jul-2006: Long trade missed
I just can’t trust the stop order any more. This is the third time my order did not get executed and price moves away from my entry. An ascending triangle was formed this morning around 11am. I have set up a buy order at 289.5. Excellent, market moves up and hit a high of 290.3. […]
