Archive for the ‘Old blog archive’ Category

Dummy day trading 26-Jul-2006

Wednesday, July 26th, 2006

I am looking forward to a 'do-nothing' day again for SG futures market. I am not interested in trading in this condition i.e moderate U.S gain, flat opening in Nikkei and low volume in local futures market. It is difficult to find high-R trade in the market ...

RE: Dummy day trading 25-Jul-2006

Tuesday, July 25th, 2006

No trade was done for SiMSCi and TimSCi today. It was indeed an boring day, though SiMSCi did have a spike at the last 15 min before market closed. Dow futures was down at the opening, and subsequently spike up. Bulls did not hold the strength, intraday downtrend continues. ...

Dummy day trading 25-Jul-2006

Tuesday, July 25th, 2006

Good morning! I am a silly person. I like to think too much and make things complicated. My objective today is to keep thing simple. Alrite, 3-digit gain of DJ pushed gaps up around Asian markets as expected. I am looking at the tone of ...

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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