RE: SIMSCI 06-June-2006: Ambiguous situation: No trade
Posted on June 06th, 2006 in Uncategorized
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. There might be opportunity to Long SIMSCI, however, with still negative Nikkei and HangSeng, it is risky to trade against the sentiment today. No trade for today. 0 gain.
From the desk of Tradergav.com
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