Archive for June 16th, 2006

SIMSCI 16-June-2006: Market close

Friday, June 16th, 2006

[photopress:simsci_12_full_day.PNG,full,pp_image] There was a second entry opportunity to Long SIMSCI. Due to some personal commitment , I gave up the trading opportunity. Anyway, second entry was at 283.9 with potential exit at 284.8. It was a strong day for SG market, which in turn provides SIMSCI day trading profit oppportunities. I closed the ...

RE:SIMSCI 16-June-2006: Potential Long:Trade Closed

Friday, June 16th, 2006

12-min SIMSCI Futures [photopress:simsci_morning_12.PNG,full,pp_image] I have closed Long position at 283.1. After watching price action at the area of day high (283.4), uptrend seemed to be getting weaker. This does not mean a reversal is kicking in, it just prompts me for profit taking. Notice about DI+, similar weakness was observed as ...

RE:SIMSCI 16-June-2006: Potential Long

Friday, June 16th, 2006

Long position of SIMSCI has been established at 281.9. SIMSCI seems to be gaining strength again. Sentiment remains positive.

SIMSCI 16-June-2006: Potential Long

Friday, June 16th, 2006

Another three digit gain for DJ again. Positive opening of Nikkei , SIMSCI as well as Hang Seng is just expected. In the first hour of trading, SIMSCI, in fact, drifting down from open price. With both Nikkei and Hang Seng stays more than +300 points gain, I am ...

Swing Trade for 16-June-2006: No candidate

Friday, June 16th, 2006

Given yesterday's positive closing of STI and recent rally of U.S indices, I did a scan on my stock list for potential swing trade candidate. Few china counters appeared in rally with volume scan. However, none of them passed the directional and trend test for the time being and most ...

Next trade is more important

Friday, June 16th, 2006

I was having a walk after buying food from supermarket with my fiancee. I told her about my recent trades, I was pretty happy with my performance. She smiled and told me ' It is good, but next trade is more important'. This gives me some thoughts. Exactly, next trade ...

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