Archive for July 7th, 2006
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]
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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 ...
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Friday, July 7th, 2006
Second trade for today,Long position of SIMSCI was established at 291.9.
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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.
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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
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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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