Archive for July 14th, 2006

TIMSCI 14-Jul-2006: Short trade closed: Chart

Friday, July 14th, 2006

This is 15-min chart of MSCI Taiwan index Futures (TIMSCI). Nice downtrend setup and short entry. No trade for the rest of the day. Though I was having two losing days in this week, I manage to close the day and the week in positive note.

RE:MSCI Taiwan index futures (TIMSCI) 14-Jul-2006: Short trade closed

Friday, July 14th, 2006

TIMSCI short position of 263.8 is covered at 262.1 which was a planned target. In fact, a descending triangle was formed. and the calculated target for descending triangle was around 262 as well. I might missed out bigger profit, however, I would prefer to take profit based on planned target level. One ...

MSCI Taiwan index futures (TIMSCI) 14-Jul-2006: Short position

Friday, July 14th, 2006

From 15-min chart, downtrend is established. MSCI Taiwan index futures (TIMSCI) is trading below 12-p, 21-p and 30-p EMA. I am only looking for SHORT position. Short position has been established at 263.8. I have removed all indicators but moving averages to keep myself clear and ...

Trading for 14-Jul-2006: Potential shorts

Friday, July 14th, 2006

Great. Another 3-digit loss in DJ last nite. :-) From the intraday trend perspective, I would be only looking at SHORT for today. For Nikkei futures, MSCI Taiwan, and MSCI Singapore. This is trade setup. My job now is looking for entry and stop points. I ...

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