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RE: SIMSCI 12-JUL-2006: No trade

by Gav Leave a Comment

[photopress:siMSCI_10_min_full_day.jpg,full,pp_image]
The result of guarding the quality of my trading, no trade was made today. It was a choppy day with low volume, I would say. Day volume is just more than 3000 contracts. There were selling at the end of morning session , however, sellers strength were weak. In the afternoon session, though SIMSCI futures started rebounding, a possible entry was at 289.1.
I saw few levels of resistance. None of my setup was completed. No trade was done.

Filed Under: Rant Tagged With: SIMSCI

Reader Interactions

Comments

  1. TopTrader says

    at 7:13 pm

    Nice double bottom breakout is a good entry point, but too late for day trading.

    Reply
  2. TopTrader says

    at 1:13 am

    Nice double bottom breakout is a good entry point, but too late for day trading.

    Reply

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