[photopress:simsci_12_exit.jpg,full,pp_image] I have closed my short position at break even point 273.1, SIMSCI failed to break 272.5 even though Nikkei was losing -300 points. After seeing Nikkei gained strength from -300 point loss, I have decided to exit before lunch break to prevent any gap up in the afternoon session. Gain +0.1 This decision might […]
Rant
SIMSCI 13-June-2006: Short trade
It was negative, first started from Japan, then HongKong. I am looking at short. In fact, short position has been established at 273.2.
RE: SIMSCI 12-June-2006: No Trade
[photopress:simsci_full_day_9.jpg,full,pp_image] It might be God’s call. My broker’s online trading platform is having some hiccup today. I do not like to trade when trading platform is unstable. This is unnecessary risk. Secondly, all patterns failed to form successfully and Nikkei and HangSeng remained flat most of time. Opportunity was found when RSI moving in overbought […]
SIMSCI 12-June-2006: Awaiting setup
Sentiment for the first hour of trading is rather flat. There is no clear direction for the day. Nikkei and HangSeng are flat at the moment of writing this posting. From the development of chart now, there might be a chance of Long for intraday trading, though more information is needed to confirm this setup.
SIMSCI 09-June-2006: Second trade: Long: Trade closed
[photopress:simsci_full_day_1_2.jpg,full,pp_image] I am twisting my mind again. After closing a lossing short position, I established a long position at 277.3. I did not expect this as a strong run, my profit taking order was set at 278.2 which was triggered around 230pm. with strong presentation in 9-min chart, most likely I am missing out some […]
RE: SIMSCI 09-June-2006:Potential short: Lost trade
SIMSCI futures [photopress:simsci_morning_9.jpg,full,pp_image] Before SG market went for lunch break, I have decided to close my SIMSCI short position with a loss at 275.7 even though planned trailing stop was at 276.2. There were signals that contributed to this exit decision. From 9-min chart of SIMSCI, a positive divergence was observed, and it was , […]