There were few postings on Traderswin stocks trading blog targeting on shorting candidates over the past few days. From BeautyChina, HTL Intl to StatsChipac , Datacraft and DMX tech. With the negative market sentiment, these counters are currently moving our favour. I have quoted some rules for short selling from Leon Wilson, a outstanding Australian […]
This news caught my attention. Larry Williams was arrested for alleged tax evasion. Full details of the news can be found in the link below. Celebrity market guru arrested This is just for entertainment during this bearish day.
This is an intraday pattern trade. First, negative opening of Nikkei and HangSeng gave me a direction of the day. I would prefer trading on the Short side today. A descending triangle was formed which supports the negative sentiment. Here is a 12-min chart for the morning session.