I am twisting my mind again. After closing a lossing short position, I established a long position at 277.3.
I did not expect this as a strong run, my profit taking order was set at 278.2 which was triggered around 230pm. with strong presentation in 9-min chart, most likely I am [...]
SIMSCI futures
Before SG market went for lunch break, I have decided to close my SIMSCI short position with a loss at 275.7 even though planned trailing stop was at 276.2. There were signals that contributed to this exit decision. From 9-min chart of SIMSCI, a positive divergence was observed, and it was , in fact, [...]
Short order is set at 275.1 level and it was triggered. Lower highs are observed with flat HangSeng. I discounted chances of strong rebound today. Market sentiment shows a flat with negative biased. Intrady Nikkei futures shows a downtrend is being formed as well.
From the desk of Tradergav.com
DJ made a come back and closed +7 point after early loss. Some analyst starts calling bottom. I am holding a different opinion. It is still to early to define bottom. Back to day trading business, I am not bullish about SIMSCI today. In fact, it opened high, and subsequently trading below [...]
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