I am doing some analysis retrospectively. However, this is neccessary. I missed a trade today. The main reason was due to weak HangSeng and Nikkei. A nice swing setup was appearing in front of me, and yet I was caught by prejudice of market sentiment. Right or wrong, it depends. I was preventing myself from [...]
What a boring day. Again, short stop order was not triggered and SIMSCI indeed made a new day high. I have canceled my order and called it a day. With Nikkei lost about -300 points, it seems to be not enough to pull SIMSCI down. All pattern failed to form sucessfully. [...]
Another mind twisting day. After seeing the chart formation, I am looking at short level at 281.4 (modified from 281.1). SIMSCI is too weak to push up further.
From the desk of Tradergav.com
It is very interesting to see SIMSCI opened low and moved higher in the first 45 minutes. It looks slightly positive. The drop was obviously contributed by reddish overnight DJ. It is an ambiguous situation now. SIMSCI refused to deep further. I would consider a long position or staying aside (no [...]
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