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RE: SIMSCI 06-Jul-2006: Long trade closed.

by Gav Leave a Comment

After seeing another ascending triangle formed in the afternoon session, I went Long on SIMSCI futures at 291.3. Long trade was closed at 292.3. I do not consider this as a good trade, though It was a profitable trade. As my initial target was at 292.6 which was found as intraday resistance. I exited earlier at 292.3 when seeing spread goes wild. This is another psychological weakness of mine. I never good in read price ticks.

Another positive day for me. One trade closed with + 1 point gain.
Chart will be posted later.

Filed Under: Rant Tagged With: SIMSCI

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