Ok, this is another ‘do-nothing’day for SG market. There is no rewarding entry level for SIMSCI. It opened high with impressive +8 points gain,
however, it was drifting down subsequently and staying flat for the whole trading day. Here I am showing how ugly is the SIMSCI 10-min chart for the [...]
A three digit gain in DJ. Nikkei gains more than 300 points in the first hour of trading, SG gains around +8 points, pretty bullish day. I am watching for any possible entry to Long SIMSCI. With this type of big gap opening, patience is needed if one is to day [...]
I did not have any position for TIMSCI today. It was rather volatile and boring. It failed to complete my setup. In fact, after watching TIMSCI for the past few days, I found that it is a little bit tedious to trade this index. Price action goes wild frequently.
No setup for SIMSCI. I guess tomorrow [...]
Sentiment is rather flat with positive biased. I see the possibility to Long TIMSCI today. After first hour of trading, a ascending triangle is being formed. Setup is yet to be completed. I am watching for possible Long entry.
I am slowing down myself in trading SIMSCI futures. Instead of [...]
I was looking at TIMSCI this morning. With 3-digits closed of Dow, TIMSCI opened low this morning. After first hour of trading, a descending triangle is formed in 5-min chart. I was looking at SHORT entry at 265.8. I pulled out my sell stop order, as realising RSI formation was not [...]
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