Archive for July 13th, 2006

Confession

Thursday, July 13th, 2006

I had a tendency to put in third trade of the day around 430pm. I did not do that. After realising I was in fact walking towards self-sabotage stage. Self-sabotage basically means I have the tendency to repeat the same mistakes over and over again. I would ...

RE: SIMSCI 13-Jul-2006: 2nd Short trade closed

Thursday, July 13th, 2006

Second opportunity was found in SIMSCI after it opened with a gap down in the afternoon session. I have waited until the first candle closed below support area 286.4. Short position was established at 286.2. Stop loss was set at 287, I would like to see ...

RE: SIMSCI 13-Jul-2006: Short trade closed

Thursday, July 13th, 2006

Short position of SIMSCI has been closed at 287.2. Given Nikkei, HangSeng and SIMSCI are all pausing and reluctant to sell off further. In fact, Nikkei futures is trying to make a higher low. There might be another chance in the afternoon session, I chose to bail out before ...

RE: SIMSCI 13-Jul-2006: Short position.

Thursday, July 13th, 2006

I negated the chance of going Long on SIMSCI futures. Instead, I saw a chance of intrady Nikkei to be toppish before lunch break and HangSeng futures continues losing more than -100 points. Short position of SIMSCI has been established at 287.5. Intraday support is likely at ...

SIMSCI 13-Jul-2006: Potential swing up

Thursday, July 13th, 2006

To be frank, I am pretty happy with the 3-digit loss/gain in DJ. These conditions provide force to move SG market. I hope to see an trending day for SIMSCI today, either up or down. SIMSCI had a gap down at the opening, There is an ...

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