Yes, this is my new home. Gav's better trading blog just got its new home. Tradergav.com. So, Why the sudden move? In fact ,I have been planning this for long. And, this is a wonderful birthday present from my fiancee I have managed to import all my postings from blogger.com (Better-trading.blogspot.com), and catergorized into Old blog archive. However, some of the charts which are hosted at blogger.com are not displaying properly in this new server. So I will still keep my old blog Better-Trading.blogspot.com alive just for reference purposes. Meanwhile, I am slowly moving the charts to my server. New home, enjoy new freedom of posting, better way of keeping my journals.
Blog and Rants
RE: Dummy day trading 28-Jul-2006:SIMSCI: No trade
RE:Dummy day trading : 28-Jul-2006: No trade
Dummy day trading 28-Jul-2006
Good morning!
Bulls made a cheat yesterday on Dow futures. It headed up in the opening, and pressed by bears. I did not make any trade yesterday.
A quick one. SIMSCI is moving above intrady moving average. Though I see some weakness in the uptrend, it is not strong enough for me to go Short.
TIMSCI is still moving in intraday uptrend as well. I am not considering any SHORT for this morning.
By the way, I am looking at August contract for both index futures.
Re: Dummy day trading 27-Jul-2006
Alrite, I am being a loser today. In fact, I did not pay much attention to the market. Instead, I was day dreaming, and doing some stupid work out of trading. Long opportunities appeared. Simple and profitable entries, and yet, no trade was taken.
Continue doing this, I will be hungry to death someday.
Anyway, here is the 15-min chart of MSCI Taiwan index futures.
[photopress:TIMSCI_15_day.jpg,full,pp_image]
Dummy day trading 27-Jul-2006
It was an choppy day for DJ. No trade was done yesterday.
SIMSCI and TIMSCI look interesting. Both opened low and starts moving up. Though the regional market sentiment is rather flat at the moment.
I will only look at Long side if I were to establish any position for this morning.