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RE: SIMSCI 26-June-2006

by Gav Leave a Comment

[photopress:simsci_full_10.jpg,full,pp_image]

I have made a mistake today. Partly due to physical tiredness. I saw opportunity to Long SIMSCI at 280, (in fact, 279.9, if I was sharp enough). I was hesitating for nothing. It was not fear, but, my mind was stalled at that moment. All setup was done, and yet no action. Mistake is a mistake, I can’t argue with market, nor would I chase the trade.
From 10-min chart, RSI started trend up before lunch break, and entry line was found at 279.5, with maximum chasing level at 280. This was supposed to be a small quick trade.
This is 10-min chart of SIMSCI Futures

Filed Under: Rant Tagged With: SIMSCI

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