Well, that’s really too bad for France to lose in penalty. Alright, back to business. As expected, SIMSCI again gapped down during open, but it is moving up now after opening low. Nikkei is losing more than -200 points. On news front, Nippon market is expecting rate hike in Japan this week. There should be […]

[photopress:SIMSCI_10_min_1st_trade.jpg,full,pp_image] SIMSCI 2nd trade: Long [photopress:SIMSCI_10_min_2nd_trade..jpg,full,pp_image]

Second trade of LONG position was closed at 291.6. After seeing potential negatvie divergence fo MACD-H, failure swing of RSI, increasing in selling volume, and 12-p EMA failed to cross above 21-p EMA, exit decision was made. In addition, HangSeng closed in negative territory did not give me a good feeling of holding on Long […]

Second trade for today,Long position of SIMSCI was established at 291.9.

This is a quick trade. My target for short position was reached at 290.7 which is the top of intraday support area. One trade closed with +0.7 points gain. chart will be posted later.

Short position of SIMSCI was established at 291.4 after a descending triangle is formed. Close trailing stop is used as market is rather undecisive