Archive for August 3rd, 2006

SG market recap 02-August-2006

Thursday, August 3rd, 2006

There was nothing much changed after yesterday's close. Again, I am waiting for STI to make a higher high to draw a better picture of possible trend change. With overnight gain of D.J and Nasdaq indices, there should be a chance for index to advance a little bit further. In ...

RE: Dummy day trading 02-August-2006

Thursday, August 3rd, 2006

Here is the recap of Mini Dow and E-mini Nasdaq Futures, let's look at the full picture of today's action. It involved a little bit of luck, I exited Long position of Mini Dow near the top of the day after hitting 2~R gain. Mini Dow futures pulled back after ...

Dummy day trading#3 02-August-2006:Mini Dow: Long trade closed

Thursday, August 3rd, 2006

It is a nice day for bulls. Long trade setup was completed around 930am (Chicago time). Long position was established at 11200. The rest of the trade was pretty simple ~ Be patient and wait. Stop was moved thrice after gaining 1-R, 2-R, and 3-R. Stop was triggered at 2-R ...

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