Looking at the 15-min charts of both SIMSCI and TIMSCI. There is nothing really interesting. No clear intraday trend and no setup for day trade. The best decision for today is not to trade. MSCI Taiwan Index (TIMSCI Futures) [photopress:timsci_15_full.jpg,full,pp_image] MSCI Singapore Free Index (SIMSCI Futures) [photopress:simsci_15_min_full_1.jpg,full,pp_image]
Trading Journal
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]
Dummy day trading 31-Jul-2006 II: U.S market
I was preparing to do a recap of Nasdaq, DJ and S&P before starts today's trading. And I have found TraderMike had done a good recap and some discussion on volume. July 28, 2006 Stock Market Recap
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 […]
Dummy day trading 31-Jul-2006 I: 1st hour Asian trading
Good morning! ๐ I was so excited after spending two days (full day man, I skipped my gym wokout session and movie, Oops) to set up this site. What do you think about it? Oh, the banner background is one of famous bay in Singapore, and the place where some cool yachts park. (Man, I […]