Archive for June, 2006
Friday, June 30th, 2006
[photopress:SIMSCI.jpg,full,pp_image]
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 ...
Posted in Uncategorized | 4 Comments »
Friday, June 30th, 2006
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 ...
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Thursday, June 29th, 2006
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 ...
Posted in Old blog archive | 1 Comment »
Thursday, June 29th, 2006
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 ...
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Wednesday, June 28th, 2006
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 ...
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Tuesday, June 27th, 2006
[photopress:TIMSCI_5_full.jpg,full,pp_image]
I am having some problem day trading SIMSCI. I should say, it is a little bit difficult to find trading opportunity within the day. First problem lies in volume, for example, in the first two hours of trading today, less than 1000 contracts were traded. Secondly, intraday volatility is not ...
Posted in Uncategorized | 3 Comments »
