Blog and Rants

Blog and Rants. Read at  your own risk... :D

 

SG Market recap 31-Jul-2006

Futures is down a little now. Before we get started a new trading day, let's have a look at STI (Straits times index) ended 31-Jul-2006. It is interesting to see STI managed to closed both 50-day and 200-day moving average. And in fact, it closed above recent downtrend line, which appeared to be an resistance […]

Dummy day trading #1 31-Jul-2006: E-mini Nasdaq composite: Long trade closed

I was looking for Nasdaq-100 futures to move up further to resistance level around 15550. A nice setup during the opening, I have decided to get LONG above inside bar. Bull failed to impress further and my intial stop was triggered with 1.13-R loss. [photopress:Emini_Nasdaq_15_min_trade.PNG,full,pp_image] Full picture after market closed [photopress:Emini_Nasdaq_15_min_full_1.PNG,full,pp_image]

About blogging

I have been a blogspot (clogspot? ) user for more than 1 year, and my recent switch to wordpress is something that I hope I have done it earlier. The user-friendly interface and the stability of the platform impressed me. Besides, the free plugins and the easy theme switching are another plus. For those who […]

SG futures market 31-Jul-2006 : No trade

It was another boring day for SG futures market. Both TIMSCI and SIMSCI did not provide good trade setup. Bulls failed to perform. TIMSCI closed in negative zone and filled the opening gap. SIMSCI opened high, and closed with +1.3 point gain, giving up most of morning gain. No trade was done. Here are the […]