Archive for July 24th, 2006

Change

Monday, July 24th, 2006

I have made some major changes to my system after studying and reading books and blogs recently. The change was not caused by recent losses, after all, I am still in pretty nice profitable situation. :-) The reason behind this change is the seek of simplicity. Yes, I was in ...

TIMSCI 24-Jul-2006: Short Trade closed

Monday, July 24th, 2006

[photopress:TIMSCI_10_min_trade_closed.jpg,full,pp_image] Short position of MSCI Taiwan index futures (TIMSCI) was established at 259.1. Initial stop loss 259.6 was triggered with 1-R loss. "The wrong way to play it would be to attempt to “pick a bottom,” or fade the market; blindly enter short without waiting for a good spot; getting short ...

Day trading watch list: 24-Jul-2006

Monday, July 24th, 2006

First hour trading shows a pretty clear picture for SG futures market. Here is the summary. At this point of time, I would only looking at Short opportunity. Intraday Trend MSCI Taiwan Index Futures MSCI Singapore Index Futures Longer term ...

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