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Dummy day trading 31-Jul-2006 I: 1st hour Asian trading

by Gav Leave a Comment

Good morning! ๐Ÿ™‚

I was so excited after spending two days (full day man, I skipped my gym wokout session and movie, Oops) to set up this site. What do you think about it? Oh, the banner background is one of famous bay in Singapore, and the place where some cool yachts park. (Man, I am going to park mine there, someday ..๐Ÿ™‚ )

Alrite, back to business, It was a positive day for DJ last Friday. Asian markets are continuing the positive sentiment (I guess, part of the force comes from the earning season trading). In the first hour of trading, I see Nikkei futures gaining around +200 points, though most of them are due to opening gap, intraday trend stays above moving averages and currently moving sideway.

MSCI Taiwan (TIMSCI) opened high and pulling back after opening gap. Gap is not filled. And it in fact, stays above moving averages. Intraday trend looks up. I am only looking at Long opportunity at this point time.

MSCI Singapore (SIMSCI), I am not trading this index futures, but I am interested in following SG market. Intraday trend looks up. I will only consider LONG for day trading purpose at this point of time. Looking at SG stocks market, advanced/decline is around 229/61. Pretty positive for the morning session

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My Name is Gav.
I am a Father, Husband, Trader, And Blogger. A serious coffee addict. I started training since 2005, mainly on FX and Futures.

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