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.

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

Traderswin Stocks Trading blog.

I have created a Forum for discussion of trading strategies. Online Chat box has been removed to avoid possible spamming activity.

Please visit us at forum.

Some view of current market and trading of coming Monday can be found at

Traderswin stocks trading blog.

Analysis of HangSeng Futures and SIMSCI futures can be found on Traderswin Futures Trading blog.

I read some interesting counters mentioned in forums. I have done some analysis to check if there is any trading opportunity that suits my trading style. I will post up the chart for counter that provides me trading opportunity.

Here is the list of counters mentioned in channelnewsasia.com forum – market talk.
– Capital land – Correction still in place
– keppel Land – Correction still in place
– Celestial – ignored for the time being.
– AusGroup – correction still in place.

No new opportunity is found for the time being.