We have 3-digit gain , over +200 points in DJ last nite. It is likely to have some bullish hangover in Asian markets. SIMSCI volume is building up in the first half an hour, though it is still not impressive. Chart wise, I would prefer SIMSCI over TIMSCI for day trading today. I will be […]
Old blog archive
Trading Business plan 101
I have been doing some thinking and studies over the past weeks. I had some good days and some bad days over the past 2 months. Well, I guess, I'd better figure out the details of managing the trading business while I am still in nice profitable situation rather than searching for 'holy grail' for […]
Futures trading 19-Jul-2006
It is likely to see a choppy trading day for MSCI Taiwan and potential Long opportunity for SIMSCI, though I would prefer to confirm this after getting more signals, it might end up with choppy style as well. It is earning session again, let’s see how far can SIMSCI go. I will not trade in […]
Market recap 18-Jul-2006
STI closed higher? Ok, it did. It closed higher than yesterday. Good news, it is still below 12-day, 50-day and 200-day EMA. I see some space to move towards recent low, which is 2277 aread. Nothing much about UOB Sesdaq. Still ding-dong between 50-day and 200-day moving averages. Just be patient to watch for development […]
RE: TIMSCI 18-Jul-2006: Short trade closed
It seems like things were not going so well with me this week. Yup, another losing trade today. Short position of TIMSCI was established at 255.6, stop loss has been moved accordingly and it was triggered at 256.8 at the last trading hour of MSCI Taiwan Futures for the day. It seems to be a […]
Futures trading 18-Jul-2006
After watching first half an hour action of TIMSCI (MSCI Taiwan), SIMSCI and Nikkei futures, I will be interested in looking at Short side of TIMSCI. Nikkei Futures is losing more than -200 points, it is a little bit tough for me to be bullish. SIMSCI is having some upward movement, however, I am not […]
