Archive for June 21st, 2006
Wednesday, June 21st, 2006
It is a excited opening for U.S market. From 1 min chart of Mini Dow,there was a good setup for Long position. Mini Dow futures was trading above 10, 15, and 30 period moving averages and closed above CBL entry level. RSI supported the entry decision by making higher lows. ...
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Wednesday, June 21st, 2006
[photopress:SIMSCI_full_day_15.jpg,full,pp_image]
Position was closed at 277.3. SIMSCI futures failed to push up further after reached 278.1, 0.4 points away from my target. So near ,yet so far. That's trading. RSI off the high and fell below previous low. And spread of SIMSCI seemed to be abnormal. ...
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Wednesday, June 21st, 2006
Another reversal trade again. Long position was established at 277.3 which is above previous resistance. My initial target is set at 278.5 which was previous high (resistance area) in 15-min chart. As Nikkei and HangSeng are having small gain and tend to be flat, I do ...
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Wednesday, June 21st, 2006
So it sets to be a negative morning. Nikkei opened slightly positive and drifting down to negative territory now. No surprise for SIMSCI Futures. It is flat with negative biased. It is still too early to define direction for the day. I am watching it closely ...
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