This 12-min chart of SIMSCI closed. It appeared to be a mistake by moving stop loss to break even too early. SIMSCI had a nice swing today indeed. Initial stop loss of 291 was not violated at all. And planned target was reached at the last 12-min of trading. It happens in trading. Missing profit. […]
Old blog archive
Small caps view
View of small caps based on UOB Sesdaq chart analysis can be found in Traderswin Stocks Trading Blog. We are not impressed by current rebound.
Long: SIMSCI 26-May-2006
With both HangSeng and Nikkei stays around 200 point gain. I am interested in looking for Long SIMSCI at 292 level. Initial stop loss is set at 290.9 Chart will be posted after position is established.
Some view of rebound
Some view of today’s rebound can be found in Traderswin stocks Trading Blog.
Re:Short : DMX Tech 25-May-2006
I am updating the chart of DMX tech. I posted this counter yesterday as a potential short sell candidate. Original posting can be found here. I am looking at first target 0.74, should downtrend continues. It is normal to expect some rebound tomorrow given today’s loss. And in fact, at the point of this posting, […]
Thursday Morning Reading.
Here is an interesting article by Robert Kiyosaki What Ails GM and America Here is another article of my favourite risk management guru Ryan Jones. 7 Seven Trading Sins and a Rat. An audio version of Ryan Jones’ article can be found on smarttrading as well. click on the link for full article.
