RE: SIMSCI 10-Jul-2006: Long position: Trade closed

The pattern failed to move as expected, Long position of SIMSCI was closed at 290.2. This trade was a mistake. I was focusing on pattern formation, and ignored the fact that 12-p EMA is still under 21-p EMA. In fact, setup was not completed. One trade closed with loss: -0.1 point. Trade summary: Direction: Long Entry: 290.3 Exit: 290.2 P/L: -0.1 After the failure of flag pattern, a double tops pattern is formed. I am watching for another trading opportunity.