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Blog and Rants

Re:SIMSCI 30-May-2006 : Potential Short

by Gav Leave a Comment

[photopress:simsci_fullday_12_min.JPG,full,pp_image]

As mentioned in the morning posting, sentiment was negative.
The entry came later than expected. After failure swing was observed in RSI, short position was established at 290.6. Position was closed as trailing stop was triggered at 289.4, with 1.2 point gain.

Filed Under: Rant Tagged With: SIMSCI

Snapshot daily chart of SIMSCI

by Gav Leave a Comment

A daily snapshot chart and comment of SIMSCI can be found in Traderswin Futures Trading blog.

Filed Under: Old blog archive

SIMSCI 30-May-2006 : Potential Short

by Gav Leave a Comment

I am looking at a weaker session of SIMSCI today. With Nikkei trading flat and negative Hang Seng, sentiment is negatively biased. Price setup is still incomplete at this point of time.

1028am.

Filed Under: Rant Tagged With: SIMSCI

News: William,No jogging on Bondi for stockbroker guru

by Gav Leave a Comment

I am very interested in following news about Larry williams. I have been learning a lot from his books, and respect him as a excellent trader.

Here is news for morning coffee

No jogging on Bondi for stockbroker guru

Filed Under: Old blog archive

Short: SIMSCI 29-May-2006 – Updated

by Gav Leave a Comment

Afternoon session (trade closed)

It was pretty fast. Within the first hour of trading, target was hit with 1.7 gain. This is an intraday trading. The trade off is missing bigger profit. This is trading. We focus on our own trading time frame, target, and stop. The chart above is 12-min chart of SIMSCI in the afternoon session.

Morning session (trade setup)

SIMSCI formed a descending triangle with lower highs. An short position was established this morning at 292.1. Position is still open with current stop loss at 292.3, target at 290.4.
This is 12-min chart at opening of afternoon session.

Filed Under: Old blog archive

Trend of STI & UOB sesdaq

by Gav Leave a Comment

A posting related to Trend of STI and UOB Sesdaq can be found at

Traderswin Stocks Trading blog.

Filed Under: Old blog archive

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