Archive for July 7th, 2006

RE: SIMSCI 07-JUL-2006: 2 trades closed:Chart

Friday, July 7th, 2006

[photopress:SIMSCI_10_min_1st_trade.jpg,full,pp_image] SIMSCI 2nd trade: Long [photopress:SIMSCI_10_min_2nd_trade..jpg,full,pp_image]

RE:SIMSCI 07-JUL-2006:2nd trade: Long trade closed

Friday, July 7th, 2006

Second trade of LONG position was closed at 291.6. After seeing potential negatvie divergence fo MACD-H, failure swing of RSI, increasing in selling volume, and 12-p EMA failed to cross above 21-p EMA, exit decision was made. In addition, HangSeng closed in negative territory did not give ...

SIMSCI 07-JUL-2006: 2nd trade : Long position

Friday, July 7th, 2006

Second trade for today,Long position of SIMSCI was established at 291.9.

RE: SIMSCI 07-JUL-2006: Short position Closed.

Friday, July 7th, 2006

This is a quick trade. My target for short position was reached at 290.7 which is the top of intraday support area. One trade closed with +0.7 points gain. chart will be posted later.

RE:SIMSCI 07-Jul-2006: Short position

Friday, July 7th, 2006

Short position of SIMSCI was established at 291.4 after a descending triangle is formed. Close trailing stop is used as market is rather undecisive

SIMSCI 07-JUL-2006

Friday, July 7th, 2006

'You lost some, You win some', that was what happened to DJ. It lost around -70 point previous days, and gained around +70 points last nite. In the first hour of trading SIMSCI was undecisive. I have yet to see a clear direction for today.

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