Archive for August 5th, 2006

SG Market recap 04-August-2006

Saturday, August 5th, 2006

After making higher lows, STI (Straits times index) is hovering around resistance area. Short term wise, it is a little positive since short term moving average crosses above long term moving averages. This is accompanied with RSI below 80 and continueing making higher lows. STI is currently right above resistance ...

August 2006: Week 1 review

Saturday, August 5th, 2006

Inspired by Ugly, I am posting this weekly review for the month. This is not to show off how good I am (anyway, I am still too far from it), but it is to show how bad my performance can be if I am trading with lack of discipline/fail to ...

Dummy day trading #5 04-August-2006: Mini Dow:Long trade closed

Saturday, August 5th, 2006

This is a losing trade. After Non Farm payroll report was out, Mini Dow Futures had a nice gap up. Long position was established above next inside bar @ 8:00am chicago time. Initial stop was triggered with 1~R loss. [photopress:Mini_dow_30_min_full_day_1.JPG,full,pp_image] The most interesting part of today's trading is ...

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