Archive for June 6th, 2006

RE: SIMSCI 06-June-2006: Missing Trade

Tuesday, June 6th, 2006

[photopress:simsci_120min_full_day.jpg,full,pp_image] 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. ...

RE: SIMSCI 06-June-2006: Ambiguous situation: No trade

Tuesday, June 6th, 2006

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 ...

RE: SIMSCI 06-June-2006: Ambiguous situation

Tuesday, June 6th, 2006

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.

SIMSCI 06-June-2006 : Ambiguous situation

Tuesday, June 6th, 2006

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 ...

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