[photopress:simsci_full_10.jpg,full,pp_image] I have made a mistake today. Partly due to physical tiredness. I saw opportunity to Long SIMSCI at 280, (in fact, 279.9, if I was sharp enough). I was hesitating for nothing. It was not fear, but, my mind was stalled at that moment. All setup was done, and yet no action. Mistake is […]
SIMSCI 26-June-2006: Likely choppy
Market is likely to be flat for the coming days ahead of Fed meeting. I do not expect a nice trending intraday, instead it is likely to be choppy. I am watching for any potential trading opportunity.
Opportunist series: Stocks for 24-June-2006 onwards
Here I see some interesting stocks which appear to rebound. Though market sentiment remains negative, these stocks provide some quick short term trading opportunities. I saw tiong woon, C&O pharm, SKY china petrol, and InterraRes. I was preparing Monday’s stockst trading, when I was almost finishing, a sudden thought came into my mind. All the […]
RE: SIMSCI 23-June-2006
[photopress:Simsci_morning_10.jpg,full,pp_image] [photopress:Nikkei_morning_10.jpg,full,pp_image] I have decided not to trade today due to some personal commitment in the afternoon session. No short position for SIMSCI was established in ther morning after watching Nikkei making a higher low and failed to form a failure swing in RSI. It is likely to move up and might lead SIMSCI to […]
SIMSCI 23-June-2006: Potential short
In the first hour of trading, downtrend is formed. With Nikkei loses around -200 points and HangSeng loses around -150 point, sentiment is negative biased. I am looking for opportunity to establish Short position on SIMSCI.
RE:Paper Trade Series: Mini Dow 22-June-2006: Trade closed
After watching RSI making higher low and 10-min chart showed a undecisive movement, I closed the trade at 11,130 , with -18 points loss.