tag:blogger.com,1999:blog-286488802024-03-08T04:21:52.721+08:00Better Trading (simsci.tradergav.com)Be a better trader todayGavhttp://www.blogger.com/profile/10196684716115571336noreply@blogger.comBlogger181125tag:blogger.com,1999:blog-28648880.post-49850546710313637052013-02-26T20:18:00.000+08:002013-02-26T20:18:00.163+08:00About simsci.tradergav.comJust thought I would write a quick post here. Although I have moved to TRADERGAV.com few years ago, I am keeping this blog alive.<br />
<br />
The recent change of hosting server has caused some problems , such as loss of images etc of the old blog posts, particularly, the SIMSCI trading journal.<br />
<br />
So, if you are looking for my old SIMSCI journal, this old blog is the best place to be. And for your convenience, the address is simsci.tradergav.com.<br />
<br />
Otherwise, for all my latest trades, blogpost, always find me at tradergav.com.<br />
<br />
Good trading.<br />
<br />
GavGavhttp://www.blogger.com/profile/10196684716115571336noreply@blogger.com0tag:blogger.com,1999:blog-28648880.post-1156144937156592152006-08-21T15:19:00.000+08:002006-08-21T15:22:17.423+08:00I have already moved.......I am kinda surprised as I still see regular traffic to this blog. Thanks !
Buddies, I have moved to <span style="font-size:180%;"><a style="font-weight: bold;" href="http://www.tradergav.com">www.tradergav.com </a></span>
I got plenty of updates there. And I have made some transition of my trading strategy lately. And I have also migrated all my SIMSCI trading journal to tradergav.com.
See ya there.Gavhttp://www.blogger.com/profile/10196684716115571336noreply@blogger.com0tag:blogger.com,1999:blog-28648880.post-1154393473916426472006-08-20T00:23:00.000+08:002006-08-20T00:27:48.473+08:00RE: Better Trading Blog has moved!I have moved my better trading blog to<a style="font-weight: bold;" href="http://www.tradergav.com">WWW.TRADERGAV.COM</a>
For readers who subscribed to my feed via email, please do submit your subscription again at <a style="font-weight: bold;" href="http://www.tradergav.com">www.tradergav.com</a>. subscription box if you would like to continue receiving update from better trading blog.
Feed subscription is meant for readers who would like to receive daily update of my trading blog. I do not resale or sending out any marketing/commercial material to subscribers, you can have my words.
please do leave a comment to me if you are having problem with feed subscription or viewing the site.
See you there.Gavhttp://www.blogger.com/profile/10196684716115571336noreply@blogger.com0tag:blogger.com,1999:blog-28648880.post-1154268174414426722006-07-30T21:56:00.000+08:002006-07-30T22:02:54.550+08:00Better Trading Blog has moved!Yes, Better Trading Blog has moved to its own space <a style="font-weight: bold;" href="http://www.tradergav.com">Tradergav.com </a>
I'll be keeping this blog alive and old postings will still available here.
New home and better tool to keep my journals.Gavhttp://www.blogger.com/profile/10196684716115571336noreply@blogger.com0tag:blogger.com,1999:blog-28648880.post-1154079837929843462006-07-28T16:32:00.000+08:002006-07-29T21:13:55.286+08:00RE: Dummy day trading 28-Jul-2006:SIMSCI: No tradeLook at the chart , you know what I am going to say. No trade.
<div style="text-align: center;"><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://photos1.blogger.com/blogger/5873/3037/1600/15-min%20simsci.jpg"><img style="cursor: pointer;" src="http://photos1.blogger.com/blogger/5873/3037/400/15-min%20simsci.jpg" alt="" border="0" /></a>
</div>Gavhttp://www.blogger.com/profile/10196684716115571336noreply@blogger.com3tag:blogger.com,1999:blog-28648880.post-1154069917796508882006-07-28T14:54:00.000+08:002006-07-28T14:58:37.963+08:00RE:Dummy day trading : 28-Jul-2006: No tradeTIMSCI was hovering around moving averages and did not provide rewarding entry. No trade was taken.
<div style="text-align: center;"><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://photos1.blogger.com/blogger/5873/3037/1600/15-min%20timsci.jpg"><img style="cursor: pointer;" src="http://photos1.blogger.com/blogger/5873/3037/400/15-min%20timsci.jpg" alt="" border="0" /></a>
</div>Gavhttp://www.blogger.com/profile/10196684716115571336noreply@blogger.com0tag:blogger.com,1999:blog-28648880.post-1154055473606284462006-07-28T10:56:00.000+08:002006-07-28T10:57:53.876+08:00Dummy day trading 28-Jul-2006Good morning!
Bulls made a cheat yesterday on Dow futures. It headed up in the opening, and pressed by bears. I did not make any trade yesterday.
A quick one. SIMSCI is moving above intrady moving average. Though I see some weakness in the uptrend, it is not strong enough for me to go Short.
TIMSCI is still moving in intraday uptrend as well. I am not considering any SHORT for this morning.
By the way, I am looking at August contract for both index futures.Gavhttp://www.blogger.com/profile/10196684716115571336noreply@blogger.com0tag:blogger.com,1999:blog-28648880.post-1153979025998502002006-07-27T13:38:00.000+08:002006-07-27T19:35:30.923+08:00Re: Dummy day trading 27-Jul-2006Alrite, I am being a loser today. In fact, I did not pay much attention to the market. Instead, I was day dreaming, and doing some stupid work out of trading. Long opportunities appeared. Simple and profitable entries, and yet, no trade was taken.
Continue doing this, I will be hungry to death someday.
Anyway, here is the 15-min chart of MSCI Taiwan index futures.
<a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://photos1.blogger.com/blogger/5873/3037/1600/TIMSCI%2015%20day.jpg"><img style="margin: 0px auto 10px; display: block; text-align: center; cursor: pointer;" src="http://photos1.blogger.com/blogger/5873/3037/400/TIMSCI%2015%20day.jpg" alt="" border="0" /></a>Gavhttp://www.blogger.com/profile/10196684716115571336noreply@blogger.com2tag:blogger.com,1999:blog-28648880.post-1153964791140702452006-07-27T08:58:00.000+08:002006-07-27T14:10:55.893+08:00Dummy day trading 27-Jul-2006It was an choppy day for DJ. No trade was done yesterday.
SIMSCI and TIMSCI look interesting. Both opened low and starts moving up. Though the regional market sentiment is rather flat at the moment.
I will only look at Long side if I were to establish any position for this morning.Gavhttp://www.blogger.com/profile/10196684716115571336noreply@blogger.com2tag:blogger.com,1999:blog-28648880.post-1153925847358685092006-07-26T22:44:00.000+08:002006-07-27T08:28:27.513+08:00Dummy day trading 26-Jul-2006 II: Mini Dow<div style="text-align: center;"><span style="font-style: italic;">'Crude futures rise after steeper-than-forecast decline in U.S. gasoline inventories'</span>
<span style="font-style: italic;">'Oil prices rise after gasoline inventory shortfall.'</span>
</div>
Are these news related to day trading? Well, it might be. At least , I am seeing intraday Dow futures starts to turn down and in fact broken uptrend line. Though I have yet to have complete setup for the day, I tend to look at Short side.Gavhttp://www.blogger.com/profile/10196684716115571336noreply@blogger.com0tag:blogger.com,1999:blog-28648880.post-1153879316324436992006-07-26T10:01:00.000+08:002006-07-26T18:14:00.643+08:00Dummy day trading 26-Jul-2006<span class="170352906-26062006"><span style="font-family:Arial;">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 with these conditions.</span></span>Gavhttp://www.blogger.com/profile/10196684716115571336noreply@blogger.com0tag:blogger.com,1999:blog-28648880.post-1153841969167191652006-07-25T23:33:00.000+08:002006-07-25T23:39:29.443+08:00RE: Dummy day trading 25-Jul-2006No 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. I am watching for possible short entry for Mini Dow.Gavhttp://www.blogger.com/profile/10196684716115571336noreply@blogger.com0tag:blogger.com,1999:blog-28648880.post-1153792932267716992006-07-25T10:00:00.000+08:002006-07-25T10:04:06.716+08:00Dummy day trading 25-Jul-2006<div style="font-style: italic; font-weight: bold; color: rgb(153, 153, 255);"><span style="font-size:85%;"><span class="170352906-26062006"><span style="font-family:Arial;">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.</span></span></span></div> <div> </div> <div><span class="170352906-26062006"><span style="font-family:Arial;">Alrite, 3-digit gain of DJ pushed gaps up around Asian markets as expected. I am looking at the tone of regional markets. Pretty positive, Nikkei gains near +300 points and HangSeng is fatter by around +200 points. SIMSCI looks interesting today, while I see TIMSCI having some wild swings. Ok, I am looking for Long opportunity of SIMSCI, though I am still waiting for entry point to completely form.</span></span></div> <div><span class="170352906-26062006"></span> </div> <div><span class="170352906-26062006"><span style="font-family:Arial;">By the way, I rejected few comments by some readers (named annonymous) due to the language (some chinese dialects) used in the comments. Thanks for reading and do give me some comments, of course, in simple english. :-)</span></span></div>Gavhttp://www.blogger.com/profile/10196684716115571336noreply@blogger.com0tag:blogger.com,1999:blog-28648880.post-1153748015737557762006-07-24T20:51:00.000+08:002006-07-24T21:33:36.056+08:00ChangeI 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 fact confused by my own system, and there is really a urgency to keep things simple.
The change is done mostly on entry part of the system. I am basically a trend following person and I will still stick with percent risk model for money management part. Instead of looking at shorter timeframe for day trading, I intend to lengthen the time frame to 30-min chart. Most of my entry rules are inspired by <a href="http://www.maoxian.com"><span style="font-weight: bold; font-style: italic;">Maoxian</span></a>. I am basically looking at reversal up/down bar or insider bar for entry opportunity.
Nothing much in this posting. Hope the simplicity works.Gavhttp://www.blogger.com/profile/10196684716115571336noreply@blogger.com0tag:blogger.com,1999:blog-28648880.post-1153718638465870272006-07-24T13:15:00.000+08:002006-07-24T14:42:31.210+08:00TIMSCI 24-Jul-2006: Short Trade closed<a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://photos1.blogger.com/blogger/5873/3037/1600/TIMSCI%2010-min%20trade%20closed.jpg"><img style="margin: 0px auto 10px; display: block; text-align: center; cursor: pointer;" src="http://photos1.blogger.com/blogger/5873/3037/400/TIMSCI%2010-min%20trade%20closed.jpg" alt="" border="0" /></a>
Short position of MSCI Taiwan index futures (TIMSCI) was established at 259.1. Initial stop loss 259.6 was triggered with 1-R loss.
<span style="font-style: italic;font-size:85%;" >"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 without setting a stop, etc. The list of errors goes on and on, but people mainly make those three big mistakes.
Traders who know themselves, who have common sense, who are disciplined, and who have the ability to keep it simple will do just fine. Remember that many people in the market are either uneducated or uninformed. And most of the few who are educated and informed waste their time building “scenarios” and end up defeating themselves by trying to outsmart the market.</span>"
- MaoxianGavhttp://www.blogger.com/profile/10196684716115571336noreply@blogger.com0tag:blogger.com,1999:blog-28648880.post-1153706350113697422006-07-24T09:57:00.000+08:002006-07-24T11:40:58.786+08:00Day trading watch list: 24-Jul-2006<span class="170352906-26062006"><span style="font-family:Arial;">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.
</span></span><span class="170352906-26062006"> <div> <table style="width: 473px; border-collapse: collapse; height: 152px;" str="" border="0" cellpadding="0" cellspacing="0"><tbody> <tr style="height: 12.75pt;" height="17"> <td class="xl25" style="border: 0.5pt solid windowtext; width: 86pt; height: 12.75pt; background-color: transparent;" height="17" width="115"><strong><span style="font-family:Arial;font-size:85%;">Intraday Trend</span></strong></td> <td class="xl25" style="border-style: solid solid solid none; border-color: windowtext; border-width: 0.5pt 0.5pt 0.5pt medium; width: 140pt; background-color: transparent;" width="186"><strong><span style="font-family:Arial;font-size:85%;">MSCI Taiwan Index Futures</span></strong></td> <td class="xl25" style="border-style: solid solid solid none; border-color: windowtext; border-width: 0.5pt 0.5pt 0.5pt medium; width: 154pt; background-color: transparent;" width="205"><strong><span style="font-family:Arial;font-size:85%;">MSCI Singapore Index Futures</span></strong></td></tr> <tr style="height: 12.75pt;" height="17"> <td class="xl25" style="border-style: none solid solid; border-color: windowtext; border-width: medium 0.5pt 0.5pt; height: 12.75pt; background-color: transparent;" height="17"><strong><span style="font-family:Arial;font-size:85%;">Longer term</span></strong></td> <td class="xl24" style="border-style: none solid solid none; border-color: windowtext; border-width: medium 0.5pt 0.5pt medium; background-color: transparent;"> <div align="center"><span style="font-family:Arial;font-size:85%;">Down</span></div></td> <td class="xl24" style="border-style: none solid solid none; border-color: windowtext; border-width: medium 0.5pt 0.5pt medium; background-color: transparent;"> <div align="center"><span style="font-family:Arial;font-size:85%;">Down</span></div></td></tr> <tr style="height: 12.75pt;" height="17"> <td class="xl25" style="border-style: none solid solid; border-color: windowtext; border-width: medium 0.5pt 0.5pt; height: 12.75pt; background-color: transparent;" height="17"><strong><span style="font-family:Arial;font-size:85%;">Medium term</span></strong></td> <td class="xl24" style="border-style: none solid solid none; border-color: windowtext; border-width: medium 0.5pt 0.5pt medium; background-color: transparent;"> <div align="center"><span style="font-family:Arial;font-size:85%;">Down</span></div></td> <td class="xl24" style="border-style: none solid solid none; border-color: windowtext; border-width: medium 0.5pt 0.5pt medium; background-color: transparent;"> <div align="center"><span style="font-family:Arial;font-size:85%;">Down</span></div></td></tr> <tr style="height: 12.75pt;" height="17"> <td class="xl25" style="border-style: none solid solid; border-color: windowtext; border-width: medium 0.5pt 0.5pt; height: 12.75pt; background-color: transparent;" height="17"><strong><span style="font-family:Arial;font-size:85%;">Short term</span></strong></td> <td class="xl24" style="border-style: none solid solid none; border-color: windowtext; border-width: medium 0.5pt 0.5pt medium; background-color: transparent;"> <div align="center"><span style="font-family:Arial;font-size:85%;">Down</span></div></td> <td class="xl24" style="border-style: none solid solid none; border-color: windowtext; border-width: medium 0.5pt 0.5pt medium; background-color: transparent;"> <div align="center"><span style="font-family:Arial;font-size:85%;">Down</span></div></td></tr> <tr style="height: 12.75pt;" height="17"> <td class="xl25" style="border-style: none solid solid; border-color: windowtext; border-width: medium 0.5pt 0.5pt; height: 12.75pt; background-color: transparent;" height="17"><strong><span style="font-family:Arial;font-size:85%;">Recent High</span></strong></td> <td class="xl24" style="border-style: none solid solid none; border-color: windowtext; border-width: medium 0.5pt 0.5pt medium; background-color: transparent;" num=""> <div align="center"><span style="font-family:Arial;font-size:85%;">261.1</span></div></td> <td class="xl24" style="border-style: none solid solid none; border-color: windowtext; border-width: medium 0.5pt 0.5pt medium; background-color: transparent;" num=""> <div align="center"><span style="font-family:Arial;font-size:85%;">278.8</span></div></td></tr> <tr style="height: 12.75pt;" height="17"> <td class="xl25" style="border-style: none solid solid; border-color: windowtext; border-width: medium 0.5pt 0.5pt; height: 12.75pt; background-color: transparent;" height="17"><strong><span style="font-family:Arial;font-size:85%;">Recent Low</span></strong></td> <td class="xl24" style="border-style: none solid solid none; border-color: windowtext; border-width: medium 0.5pt 0.5pt medium; background-color: transparent;" num=""> <div align="center"><span style="font-family:Arial;font-size:85%;">256.4</span></div></td> <td class="xl24" style="border-style: none solid solid none; border-color: windowtext; border-width: medium 0.5pt 0.5pt medium; background-color: transparent;" num=""> <div align="center"><span style="font-family:Arial;font-size:85%;">276.8</span></div></td></tr> <tr style="height: 12.75pt;" height="17"> <td class="xl25" style="border-style: none solid solid; border-color: windowtext; border-width: medium 0.5pt 0.5pt; height: 12.75pt; background-color: transparent;" height="17"><strong><span style="font-family:Arial;font-size:85%;">Trading direction</span></strong></td> <td class="xl24" style="border-style: none solid solid none; border-color: windowtext; border-width: medium 0.5pt 0.5pt medium; background-color: transparent;"> <div align="center"><span style="font-family:Arial;font-size:85%;">Short</span></div></td> <td class="xl24" style="border-style: none solid solid none; border-color: windowtext; border-width: medium 0.5pt 0.5pt medium; background-color: transparent;"> <div align="center"><span style="font-family:Arial;font-size:85%;">Short</span></div></td></tr></tbody></table></div></span> <div> </div><span class="170352906-26062006"><span style="font-family:Arial;">SIMSCI only serves as a reference for the time being. I am not trading SIMSCI for the time being until I see improvement of volume and volatility.</span></span>Gavhttp://www.blogger.com/profile/10196684716115571336noreply@blogger.com0tag:blogger.com,1999:blog-28648880.post-1153534183281989372006-07-22T09:54:00.000+08:002006-07-22T10:09:44.296+08:00Mini Dow & Gold futures: Short opportunities.Mini dow was having a negative opening, and subsequently moving laterally. There was opportunity to established short position, however, with tiny profit. The risk of being stopped out was high.
<a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://photos1.blogger.com/blogger/5873/3037/1600/5-min%20Mini%20dow.jpg"><img style="margin: 0px auto 10px; display: block; text-align: center; cursor: pointer;" src="http://photos1.blogger.com/blogger/5873/3037/400/5-min%20Mini%20dow.jpg" alt="" border="0" /></a>
Gold reversed its initial movement after positive opening. Intraday trend turned down. Shorting opportunity apeared.
<a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://photos1.blogger.com/blogger/5873/3037/1600/5-min%20Gold.jpg"><img style="margin: 0px auto 10px; display: block; text-align: center; cursor: pointer;" src="http://photos1.blogger.com/blogger/5873/3037/400/5-min%20Gold.jpg" alt="" border="0" /></a>Gavhttp://www.blogger.com/profile/10196684716115571336noreply@blogger.com0tag:blogger.com,1999:blog-28648880.post-1153491138726165392006-07-21T22:09:00.000+08:002006-07-21T22:12:19.423+08:00Day trading II : 21-Jul-2006Looks like we have some action in the futures market today. Here is the summary of current intraday trend during market open.
<table class="MsoNormalTable" style="width: 208pt; margin-left: 4.65pt; border-collapse: collapse;" border="0" cellpadding="0" cellspacing="0" width="277"> <tbody><tr style="height: 12.75pt;"> <td style="border: 1pt solid windowtext; padding: 0in 5.4pt; width: 92pt; height: 12.75pt;" nowrap="nowrap" valign="bottom" width="123"> <p class="MsoNormal"><b><span style="font-size: 10pt; font-family: Arial;">Intraday trend<o:p></o:p></span></b></p> </td> <td style="border-style: solid solid solid none; border-color: windowtext windowtext windowtext -moz-use-text-color; border-width: 1pt 1pt 1pt medium; padding: 0in 5.4pt; width: 50pt; height: 12.75pt;" nowrap="nowrap" valign="bottom" width="67"> <p class="MsoNormal"><b><span style="font-size: 10pt; font-family: Arial;">Mini Dow<o:p></o:p></span></b></p> </td> <td style="border-style: solid solid solid none; border-color: windowtext windowtext windowtext -moz-use-text-color; border-width: 1pt 1pt 1pt medium; padding: 0in 5.4pt; width: 66pt; height: 12.75pt;" nowrap="nowrap" valign="bottom" width="88"> <p class="MsoNormal"><b><span style="font-size: 10pt; font-family: Arial;">Gold Futures<o:p></o:p></span></b></p> </td> </tr> <tr style="height: 12.75pt;"> <td style="border-style: none solid solid; border-color: -moz-use-text-color windowtext windowtext; border-width: medium 1pt 1pt; padding: 0in 5.4pt; width: 92pt; height: 12.75pt;" nowrap="nowrap" valign="bottom" width="123"> <p class="MsoNormal"><b><span style="font-size: 10pt; font-family: Arial;">Intermediate term<o:p></o:p></span></b></p> </td> <td style="border-style: none solid solid none; border-color: -moz-use-text-color windowtext windowtext -moz-use-text-color; border-width: medium 1pt 1pt medium; padding: 0in 5.4pt; width: 50pt; height: 12.75pt;" nowrap="nowrap" valign="bottom" width="67"> <p class="MsoNormal" style="text-align: center;" align="center"><span style="font-size: 10pt; font-family: Arial;">Down<o:p></o:p></span></p> </td> <td style="border-style: none solid solid none; border-color: -moz-use-text-color windowtext windowtext -moz-use-text-color; border-width: medium 1pt 1pt medium; padding: 0in 5.4pt; width: 66pt; height: 12.75pt;" nowrap="nowrap" valign="bottom" width="88"> <p class="MsoNormal" style="text-align: center;" align="center"><span style="font-size: 10pt; font-family: Arial;">Up<o:p></o:p></span></p> </td> </tr> <tr style="height: 12.75pt;"> <td style="border-style: none solid solid; border-color: -moz-use-text-color windowtext windowtext; border-width: medium 1pt 1pt; padding: 0in 5.4pt; width: 92pt; height: 12.75pt;" nowrap="nowrap" valign="bottom" width="123"> <p class="MsoNormal"><b><span style="font-size: 10pt; font-family: Arial;">Short term<o:p></o:p></span></b></p> </td> <td style="border-style: none solid solid none; border-color: -moz-use-text-color windowtext windowtext -moz-use-text-color; border-width: medium 1pt 1pt medium; padding: 0in 5.4pt; width: 50pt; height: 12.75pt;" nowrap="nowrap" valign="bottom" width="67"> <p class="MsoNormal" style="text-align: center;" align="center"><span style="font-size: 10pt; font-family: Arial;">Down<o:p></o:p></span></p> </td> <td style="border-style: none solid solid none; border-color: -moz-use-text-color windowtext windowtext -moz-use-text-color; border-width: medium 1pt 1pt medium; padding: 0in 5.4pt; width: 66pt; height: 12.75pt;" nowrap="nowrap" valign="bottom" width="88"> <p class="MsoNormal" style="text-align: center;" align="center"><span style="font-size: 10pt; font-family: Arial;">Up<o:p></o:p></span></p> </td> </tr> <tr style="height: 12.75pt;"> <td style="border-style: none solid solid; border-color: -moz-use-text-color windowtext windowtext; border-width: medium 1pt 1pt; padding: 0in 5.4pt; width: 92pt; height: 12.75pt;" nowrap="nowrap" valign="bottom" width="123"> <p class="MsoNormal"><b><span style="font-size: 10pt; font-family: Arial;">Recent High<o:p></o:p></span></b></p> </td> <td style="border-style: none solid solid none; border-color: -moz-use-text-color windowtext windowtext -moz-use-text-color; border-width: medium 1pt 1pt medium; padding: 0in 5.4pt; width: 50pt; height: 12.75pt;" num="" nowrap="nowrap" valign="bottom" width="67"> <p class="MsoNormal" style="text-align: center;" align="center"><span style="font-size: 10pt; font-family: Arial;">11026<o:p></o:p></span></p> </td> <td style="border-style: none solid solid none; border-color: -moz-use-text-color windowtext windowtext -moz-use-text-color; border-width: medium 1pt 1pt medium; padding: 0in 5.4pt; width: 66pt; height: 12.75pt;" num="" nowrap="nowrap" valign="bottom" width="88"> <p class="MsoNormal" style="text-align: center;" align="center"><span style="font-size: 10pt; font-family: Arial;">644.5<o:p></o:p></span></p> </td> </tr> <tr style="height: 12.75pt;"> <td style="border-style: none solid solid; border-color: -moz-use-text-color windowtext windowtext; border-width: medium 1pt 1pt; padding: 0in 5.4pt; width: 92pt; height: 12.75pt;" nowrap="nowrap" valign="bottom" width="123"> <p class="MsoNormal"><b><span style="font-size: 10pt; font-family: Arial;">Recent Low<o:p></o:p></span></b></p> </td> <td style="border-style: none solid solid none; border-color: -moz-use-text-color windowtext windowtext -moz-use-text-color; border-width: medium 1pt 1pt medium; padding: 0in 5.4pt; width: 50pt; height: 12.75pt;" num="" nowrap="nowrap" valign="bottom" width="67"> <p class="MsoNormal" style="text-align: center;" align="center"><span style="font-size: 10pt; font-family: Arial;">10826<o:p></o:p></span></p> </td> <td style="border-style: none solid solid none; border-color: -moz-use-text-color windowtext windowtext -moz-use-text-color; border-width: medium 1pt 1pt medium; padding: 0in 5.4pt; width: 66pt; height: 12.75pt;" num="" nowrap="nowrap" valign="bottom" width="88"> <p class="MsoNormal" style="text-align: center;" align="center"><span style="font-size: 10pt; font-family: Arial;">621.2<o:p></o:p></span></p> </td> </tr> </tbody></table>Gavhttp://www.blogger.com/profile/10196684716115571336noreply@blogger.com0tag:blogger.com,1999:blog-28648880.post-1153474340339762862006-07-21T17:29:00.000+08:002006-07-21T17:32:20.576+08:00Chop! 21-Jul-2006<div><span class="170352906-26062006"><span style="font-family:Arial;">Well, just as expected in the morning, we had a choppy , boring trading day in SG futures market. No trade was done.</span></span></div> <div><span class="170352906-26062006"><span style="font-family:Arial;">Looking at volume of SIMSCI, I can fully understand why major oversea broking house like Interactive Broker does not bother to offer customers to trade. With just around 2000 contracts traded in a trading day. I guess, there is still long way to go to promote SIMSCI futures trading. I do not incline to relate this to market condition, it is just a matter of industry interest over this product.</span></span></div> <div><span class="170352906-26062006"></span> </div> <div><span class="170352906-26062006"><span style="font-family:Arial;">Alrite, result reviewed. I got my first negative week. Making two losses in the the first two days of the week, and subsequently caught up by some personal works or did not see rewarding trading opportunity.</span></span></div>
<a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://photos1.blogger.com/blogger/5873/3037/1600/TIMSCI%2021-jul%2030min%20full.jpg"><img style="margin: 0px auto 10px; display: block; text-align: center; cursor: pointer;" src="http://photos1.blogger.com/blogger/5873/3037/400/TIMSCI%2021-jul%2030min%20full.jpg" alt="" border="0" /></a>
<a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://photos1.blogger.com/blogger/5873/3037/1600/SIMSCI%2021-jul%2030min.jpg"><img style="margin: 0px auto 10px; display: block; text-align: center; cursor: pointer;" src="http://photos1.blogger.com/blogger/5873/3037/400/SIMSCI%2021-jul%2030min.jpg" alt="" border="0" /></a>Gavhttp://www.blogger.com/profile/10196684716115571336noreply@blogger.com0tag:blogger.com,1999:blog-28648880.post-1153444439101122642006-07-21T09:12:00.000+08:002006-07-21T09:13:59.273+08:00Day trading 21-Jul-2006<div><span class="170352906-26062006"><span style="font-family:Arial;">I will have to attend a meeting, no trading in the morning. Anyway, here is the view of this morning's market.
It looks like we are going to have a choppy day.
</span></span><table style="width: 306pt; border-collapse: collapse;" str="" border="0" cellpadding="0" cellspacing="0" width="406"> <colgroup> <col style="width: 116pt;" width="154"> <col style="width: 83pt;" width="110"> <col style="width: 107pt;" width="142"> </colgroup><tbody> <tr style="height: 25.5pt;" height="34"> <td class="xl22" style="border: 0.5pt solid windowtext; width: 116pt; height: 25.5pt; background-color: transparent;" height="34" width="154"><span style="font-family:Arial;font-size:85%;"> <strong>Intraday trend</strong></span></td> <td class="xl23" style="border-style: solid solid solid none; border-color: windowtext; border-width: 0.5pt 0.5pt 0.5pt medium; width: 83pt; background-color: transparent;" width="110"><strong><span style="font-family:Arial;font-size:85%;">MSCI Taiwan Index Futures</span></strong></td> <td class="xl23" style="border-style: solid solid solid none; border-color: windowtext; border-width: 0.5pt 0.5pt 0.5pt medium; width: 107pt; background-color: transparent;" width="142"><strong><span style="font-family:Arial;font-size:85%;">MSCI Singapore Index Futures</span></strong></td></tr> <tr style="height: 12.75pt;" height="17"> <td class="xl24" style="border-style: none solid solid; border-color: windowtext; border-width: medium 0.5pt 0.5pt; height: 12.75pt; background-color: transparent;" height="17"><strong><span style="font-family:Arial;font-size:85%;">Long term</span></strong></td> <td class="xl25" style="border-style: none solid solid none; border-color: windowtext; border-width: medium 0.5pt 0.5pt medium; width: 83pt; background-color: transparent;" width="110"> <div align="center"><span style="font-family:Arial;font-size:85%;">Lateral</span></div></td> <td class="xl25" style="border-style: none solid solid none; border-color: windowtext; border-width: medium 0.5pt 0.5pt medium; width: 107pt; background-color: transparent;" width="142"> <div align="center"><span style="font-family:Arial;font-size:85%;">Lateral</span></div></td></tr> <tr style="height: 25.5pt;" height="34"> <td class="xl23" style="border-style: none solid solid; border-color: windowtext; border-width: medium 0.5pt 0.5pt; width: 116pt; height: 25.5pt; background-color: transparent;" height="34" width="154"><strong><span style="font-family:Arial;font-size:85%;">Intermediate term</span></strong></td> <td class="xl22" style="border-style: none solid solid none; border-color: windowtext; border-width: medium 0.5pt 0.5pt medium; background-color: transparent;"> <div align="center"><span style="font-family:Arial;font-size:85%;">Lateral</span></div></td> <td class="xl22" style="border-style: none solid solid none; border-color: windowtext; border-width: medium 0.5pt 0.5pt medium; background-color: transparent;"> <div align="center"><span style="font-family:Arial;font-size:85%;">Lateral</span></div></td></tr> <tr style="height: 25.5pt;" height="34"> <td class="xl23" style="border-style: none solid solid; border-color: windowtext; border-width: medium 0.5pt 0.5pt; width: 116pt; height: 25.5pt; background-color: transparent;" height="34" width="154"><strong><span style="font-family:Arial;font-size:85%;">Short term</span></strong></td> <td class="xl22" style="border-style: none solid solid none; border-color: windowtext; border-width: medium 0.5pt 0.5pt medium; background-color: transparent;"> <div align="center"><span style="font-family:Arial;font-size:85%;">Lateral</span></div></td> <td class="xl22" style="border-style: none solid solid none; border-color: windowtext; border-width: medium 0.5pt 0.5pt medium; background-color: transparent;"> <div align="center"><span style="font-family:Arial;font-size:85%;">Down</span></div></td></tr> <tr style="height: 25.5pt;" height="34"> <td class="xl23" style="border-style: none solid solid; border-color: windowtext; border-width: medium 0.5pt 0.5pt; width: 116pt; height: 25.5pt; background-color: transparent;" height="34" width="154"><strong><span style="font-family:Arial;font-size:85%;">Recent High</span></strong></td> <td class="xl22" style="border-style: none solid solid none; border-color: windowtext; border-width: medium 0.5pt 0.5pt medium; background-color: transparent;" num="" align="right"> <div align="center"><span style="font-family:Arial;font-size:85%;">267.8</span></div></td> <td class="xl22" style="border-style: none solid solid none; border-color: windowtext; border-width: medium 0.5pt 0.5pt medium; background-color: transparent;" num="" align="right"> <div align="center"><span style="font-family:Arial;font-size:85%;">284.4</span></div></td></tr> <tr style="height: 25.5pt;" height="34"> <td class="xl23" style="border-style: none solid solid; border-color: windowtext; border-width: medium 0.5pt 0.5pt; width: 116pt; height: 25.5pt; background-color: transparent;" height="34" width="154"><strong><span style="font-family:Arial;font-size:85%;">Recent Low</span></strong></td> <td class="xl22" style="border-style: none solid solid none; border-color: windowtext; border-width: medium 0.5pt 0.5pt medium; background-color: transparent;" num="" align="right"> <div align="center"><span style="font-family:Arial;font-size:85%;">262.8</span></div></td> <td class="xl22" style="border-style: none solid solid none; border-color: windowtext; border-width: medium 0.5pt 0.5pt medium; background-color: transparent;" num="" align="right"> <div align="center"><span style="font-family:Arial;font-size:85%;">276.8</span></div></td></tr></tbody></table>
</div>Gavhttp://www.blogger.com/profile/10196684716115571336noreply@blogger.com0tag:blogger.com,1999:blog-28648880.post-1153388694827007022006-07-20T17:42:00.000+08:002006-07-20T17:45:04.520+08:00No trade 20-Jul-2006<div><span class="170352906-26062006"><font><span style="font-family:Arial;">No trade was taken today, given the big gap up this morning, there was no riskwarding opportunity to enter SG futures market. Apparently, today might be a good day to do some puntings in SG stocks market. That's not my game.
My trading performance seems to be stalled. I gotta do something to get out of the current situation.
</span></span></span></div><font> </span>Gavhttp://www.blogger.com/profile/10196684716115571336noreply@blogger.com0tag:blogger.com,1999:blog-28648880.post-1153359682428420562006-07-20T09:41:00.000+08:002006-07-20T09:44:01.810+08:00Day trading 20-Jul-2006<div><span class="170352906-26062006"><span style=";font-family:Arial;font-size:85%;" >We have 3-digit gain , over +200 points in DJ last nite. It is likely to have some bullish hangover in Asian markets. SIMSCI volume is building up in the first half an hour, though it is still not impressive. Chart wise, I would prefer SIMSCI over TIMSCI for day trading today. I will be looking at Long only for this morning.</span></span></div> <div><span class="170352906-26062006"></span> </div> <div><span class="170352906-26062006"><span style=";font-family:Arial;font-size:85%;" >Here is the summary
</span></span></div> <span class="170352906-26062006"><span style=";font-family:Arial;font-size:85%;" > <div> <table style="width: 479px; border-collapse: collapse; height: 118px;" str="" border="0" cellpadding="0" cellspacing="0"> <tbody> <tr style="height: 12.75pt;" height="17"> <td class="xl24" style="border: 0.5pt solid windowtext; width: 86pt; height: 12.75pt; background-color: transparent;" height="17" width="115">
</td> <td class="xl26" style="border-style: solid solid solid none; width: 140pt;color:windowtext;" width="186"><strong><span style=";font-family:Arial;font-size:85%;" >MSCI Taiwan Index Futures</span></strong></td> <td class="xl26" style="border-style: solid solid solid none; width: 154pt;color:windowtext;" width="205"><strong><span style=";font-family:Arial;font-size:85%;" >MSCI Singapore Index Futures</span></strong></td></tr> <tr style="height: 12.75pt;" height="17"> <td class="xl26" style="border-style: none solid solid; height: 12.75pt;color:windowtext;" height="17"><strong><span style=";font-family:Arial;font-size:85%;" >Longer term</span></strong></td> <td class="xl25" style="border-style: none solid solid none;color:windowtext;"> <div align="center"><span style=";font-family:Arial;font-size:85%;" ><span class="170352906-26062006">Down</span></span></div></td> <td class="xl25" style="border-style: none solid solid none;color:windowtext;"> <div align="center"><span style=";font-family:Arial;font-size:85%;" ><span class="170352906-26062006">Lateral</span></span></div></td></tr> <tr style="height: 12.75pt;" height="17"> <td class="xl26" style="border-style: none solid solid; height: 12.75pt;color:windowtext;" height="17"><strong><span style=";font-family:Arial;font-size:85%;" >Medium term</span></strong></td> <td class="xl25" style="border-style: none solid solid none;color:windowtext;"> <div align="center"><span style=";font-family:Arial;font-size:85%;" ><span class="170352906-26062006">Up</span></span></div></td> <td class="xl25" style="border-style: none solid solid none;color:windowtext;"> <div align="center"><span style=";font-family:Arial;font-size:85%;" ><span class="170352906-26062006">Up</span></span></div></td></tr> <tr style="height: 12.75pt;" height="17"> <td class="xl26" style="border-style: none solid solid; height: 12.75pt;color:windowtext;" height="17"><strong><span style=";font-family:Arial;font-size:85%;" >Short term</span></strong></td> <td class="xl25" style="border-style: none solid solid none;color:windowtext;"> <div align="center"><span style=";font-family:Arial;font-size:85%;" ><span class="170352906-26062006">Up</span></span></div></td> <td class="xl25" style="border-style: none solid solid none;color:windowtext;"> <div align="center"><span style=";font-family:Arial;font-size:85%;" >Up</span></div></td></tr> <tr style="height: 12.75pt;" height="17"> <td class="xl26" style="border-style: none solid solid; height: 12.75pt;color:windowtext;" height="17"><strong><span style=";font-family:Arial;font-size:85%;" >Recent High</span></strong></td> <td class="xl24" style="border-style: none solid solid none;color:windowtext;"> <div align="center"><span style="font-family:Arial;"><span style="font-size:85%;"> <span class="170352906-26062006">265.9</span></span></span></div></td> <td class="xl24" style="border-style: none solid solid none;color:windowtext;"> <div align="center"><span style="font-family:Arial;"><span style="font-size:85%;"> <span class="170352906-26062006">287.1</span></span></span></div></td></tr> <tr style="height: 12.75pt;" height="17"> <td class="xl26" style="border-style: none solid solid; height: 12.75pt;color:windowtext;" height="17"><strong><span style=";font-family:Arial;font-size:85%;" >Recent Low</span></strong></td> <td class="xl24" style="border-style: none solid solid none;color:windowtext;"> <div align="center"><span style=";font-family:Arial;font-size:85%;" > N.A</span></div></td> <td class="xl24" style="border-style: none solid solid none;color:windowtext;"> <div align="center"><span style=";font-family:Arial;font-size:85%;" > N.A</span></div></td></tr></tbody></table></div></span></span> <div> </div>Gavhttp://www.blogger.com/profile/10196684716115571336noreply@blogger.com0tag:blogger.com,1999:blog-28648880.post-1153300065632636052006-07-19T17:07:00.000+08:002006-07-19T17:07:56.563+08:00Lecture notes series: Percent Risk Model<p><span class="170352906-26062006"><span style=";font-family:Arial;font-size:85%;" >I developed a habit of writing down whatever I learnt, this helps me to 'burn' the information into my mind. I did this during my school time as well. I decided to jot down what I have read from books so far in Lecture Note series. </span></span><span class="170352906-26062006"><span style=";font-family:Arial;font-size:85%;" >As mentioned in my previous posting, I am following Percent Risk Model for my position sizing. Of course, this is not the only model available, it is just the approach I applied in my business. I have amended the approach to suit my style. Basically, I will define initial stop level base on chart. It can be support/resistance level, straight trend line, Count back line or swing high/low.</span></span></p> <p><span class="170352906-26062006"><span style=";font-family:Arial;font-size:85%;" >Definition:</span></span></p> <p><span class="170352906-26062006"></span><span class="170352906-26062006"><span style=";font-family:Arial;font-size:85%;" ><span style="font-weight: bold;">RISK</span> - the point at which I will get out of the position in order to preserve my capital. It is x percent of my trading equity, for example, I will risk not more than 2% of trading equity in any trade.</span></span></p> <p><span style="font-weight: bold;" class="170352906-26062006"><span style=";font-family:Arial;font-size:85%;" >Percent Risk</span></span><span class="170352906-26062006"><span style=";font-family:Arial;font-size:85%;" ><span style="font-weight: bold;"> Model</span> - Controlling my position size as a function of the risk.</span></span></p> <p><span class="170352906-26062006"><span style=";font-family:Arial;font-size:85%;" >For example, with account size of $50,000, 2% of $50,000 is $1000. That means in any trade, I shall not risk more than $1000 with this account size.If I got a Long signal for SIMSCI at 289 and I have figured out from chart, proper stop loss level is at 287.5. On one contract basis, this trade requires $300 risk. With maximum risk amount $1000 available to me, I will be able to buy ($1000/$300=3.33) 3 contracts in this trade.</span></span></p> <p><span style=";font-family:Arial;font-size:85%;" ><span class="170352906-26062006">I quote a portion of Dr. Van Tharp's explaination from his book</span></span></p> <p><span style=";font-family:Arial;font-size:85%;" ><span class="170352906-26062006">'<span style="font-style: italic;">Just how much risk should you accept per position with risk position sizing? Your overall risk using risk position sizing depends upon the size of the stops you've set to preserve your capital and the expectancy of the system you are trading</span>.'</span></span></p> <p><span style=";font-family:Arial;font-size:85%;" ><span class="170352906-26062006">Here goes on the explaination :</span></span></p> <p><span style=";font-family:Arial;font-size:85%;" ><span class="170352906-26062006"></span></span><span style=";font-family:Arial;font-size:85%;" ><span class="170352906-26062006">'<span style="font-style: italic;">if you are trading other people's money, you probably should risk less than 1 percent per position. If you are trading your own money, your risk depends upon your own comfort level. Anything under 3 percent is probably fine, if you are risking over 3 percent, you are a "gun-slinger" and had better understand the risk you are taking for the reward you seek.'</span></span></span></p> <p><span style=";font-family:Arial;font-size:85%;" ><span class="170352906-26062006">He explained the relationshiop with system expectancy as well:</span></span></p> <p><span style=";font-family:Arial;font-size:85%;" ><span class="170352906-26062006">'<span style="font-style: italic;">if you have high expectancies in your system (i.e your reliability is above 50% and your reward to risk ratio is 3 or better), then you can probably risk a higher percentage of your equity fairly safely</span>'.</span></span></p> <p><span style=";font-family:Arial;font-size:85%;" ><span class="170352906-26062006">The percent risk model is the first model that gives trader a legitimate way to make sure that a 1-R risk means the same for each item he is trading. The advantage of this model is, it allows both large and small accounts to grow steadily. It equalizes performance in the portfolio by the actual risk. On the other hand, the disadvantage will have you to reject some trades because they are too risk.</span></span></p>Gavhttp://www.blogger.com/profile/10196684716115571336noreply@blogger.com0tag:blogger.com,1999:blog-28648880.post-1153279400351799902006-07-19T11:22:00.000+08:002006-07-19T17:36:21.966+08:00Trading Business plan 101<div><span class="170352906-26062006"><span style=";font-family:Arial;font-size:85%;" >I have been doing some thinking and studies over the past weeks. I had some good days and some bad days over the past 2 months. Well, I guess, I'd better figure out the details of managing the trading business while I am still in nice profitable situation rather than searching for 'holy grail' for survival after hitting losing streaks. At least, mentally, I am not under heavy stress now.
</span></span></div> <div><span class="170352906-26062006"></span> </div> <div><span class="170352906-26062006"><span style=";font-family:Arial;font-size:85%;" >The R-multiple concept hits me well on the head. I have figured out the importance of it in order to survive in this business for long. Well, at least for now, this is the best approach that comes to my mind. I am currently following Percent Risk Model. I am not trading a million-dollar-sized account now. So, the objective now is to grow the account as soon, and as much as possible. Well said, tough job though. I am striving to improve and maintain my system with high expectancy and frequency of trade.
</span></span></div> <div><span class="170352906-26062006"></span> </div> <div><span class="170352906-26062006"><span style=";font-family:Arial;font-size:85%;" >So the first thing in the morning is to figure out how much I am going to risk and position size to be taken for the day.</span></span></div> <div><span class="170352906-26062006"></span><span class="170352906-26062006"></span> </div> <div><span class="170352906-26062006"><span style=";font-family:Arial;font-size:85%;" >This is second thing I will be doing every morning before start of a new trading day. Basically, the idea is not to go against the trend. Some profitable movements in short term might be missed out, however, I would prefer to go along with the trend for long term survival.The time frame are only refering to intraday trend of the day. I am not looking at longer time frame like daily , weekly or monthly. This is shuold simplify my job during the trading day where I will be only concentrating on the last thing of trading - entry and exit point.
</span></span></div> <div><span class="170352906-26062006"></span> </div> <div><span class="170352906-26062006"><span style=";font-family:Arial;font-size:85%;" >This is for my day trading business. Nothing fancy. The last thing I will say in this entry : " Hey, Don't Buck the trend - lah"
</span></span><span style=";font-family:Arial;font-size:85%;" > <table style="width: 465px; border-collapse: collapse; height: 139px;" str="" border="0" cellpadding="0" cellspacing="0"> <colgroup> <col style="width: 86pt;" width="115"> <col style="width: 140pt;" width="186"> <col style="width: 154pt;" width="205"> </colgroup><tbody> <tr style="height: 12.75pt;" height="17"> <td class="xl24" style="border: 0.5pt solid windowtext; width: 86pt; height: 12.75pt;" height="17" width="115"><span style="font-size:85%;"> </span>
</td> <td class="xl26" style="border-style: solid solid solid none; width: 140pt;color:windowtext;" width="186"><strong><span style="font-size:85%;">MSCI Taiwan Index Futures</span></strong></td> <td class="xl26" style="border-style: solid solid solid none; width: 154pt;color:windowtext;" width="205"><strong><span style="font-size:85%;">MSCI Singapore Index Futures</span></strong></td></tr> <tr style="height: 12.75pt;" height="17"> <td class="xl26" style="border-style: none solid solid; height: 12.75pt;color:windowtext;" height="17"><strong><span style="font-size:85%;">Longer term</span></strong></td> <td class="xl25" style="border-style: none solid solid none;color:windowtext;"> <div align="center"><span style="font-size:85%;">Down</span></div></td> <td class="xl25" style="border-style: none solid solid none;color:windowtext;"> <div align="center"><span style="font-size:85%;">Down</span></div></td></tr> <tr style="height: 12.75pt;" height="17"> <td class="xl26" style="border-style: none solid solid; height: 12.75pt;color:windowtext;" height="17"><strong><span style="font-size:85%;">Medium term</span></strong></td> <td class="xl25" style="border-style: none solid solid none;color:windowtext;"> <div align="center"><span style="font-size:85%;">Lateral</span></div></td> <td class="xl25" style="border-style: none solid solid none;color:windowtext;"> <div align="center"><span style="font-size:85%;">Lateral</span></div></td></tr> <tr style="height: 12.75pt;" height="17"> <td class="xl26" style="border-style: none solid solid; height: 12.75pt;color:windowtext;" height="17"><strong><span style="font-size:85%;">Short term</span></strong></td> <td class="xl25" style="border-style: none solid solid none;color:windowtext;"> <div align="center"><span style="font-size:85%;">Up</span></div></td> <td class="xl25" style="border-style: none solid solid none;color:windowtext;"> <div align="center"><span style="font-size:85%;">Up</span></div></td></tr> <tr style="height: 12.75pt;" height="17"> <td class="xl26" style="border-style: none solid solid; height: 12.75pt;color:windowtext;" height="17"><strong><span style="font-size:85%;">Recent High</span></strong></td> <td class="xl24" style="border-style: none solid solid none;color:windowtext;"><span style="font-size:85%;"> </span>
</td> <td class="xl24" style="border-style: none solid solid none;color:windowtext;"><span style="font-size:85%;"> </span>
</td></tr> <tr style="height: 12.75pt;" height="17"> <td class="xl26" style="border-style: none solid solid; height: 12.75pt;color:windowtext;" height="17"><strong><span style="font-size:85%;">Recent Low</span></strong></td> <td class="xl24" style="border-style: none solid solid none;color:windowtext;"><span style="font-size:85%;"> </span>
</td> <td class="xl24" style="border-style: none solid solid none;color:windowtext;"><span style="font-size:85%;"> </span>
</td></tr></tbody></table></span>
<span class="170352906-26062006"><span style=";font-family:Arial;font-size:85%;" >
</span></span></div>Gavhttp://www.blogger.com/profile/10196684716115571336noreply@blogger.com0tag:blogger.com,1999:blog-28648880.post-1153271083695333992006-07-19T09:04:00.000+08:002006-07-19T09:11:40.366+08:00Futures trading 19-Jul-2006<div><span class="170352906-26062006"><span style=";font-family:Arial;font-size:85%;" >It is likely to see a choppy trading day for MSCI Taiwan and potential Long opportunity for SIMSCI, though I would prefer to confirm this after getting more signals, it might end up with choppy style as well. It is earning session again, let's see how far can SIMSCI go.
</span></span></div> <div><span class="170352906-26062006"></span> </div> <div><span class="170352906-26062006"><span style=";font-family:Arial;font-size:85%;" >I will not trade in the morning given some last minute meeting to attend.</span></span></div>Gavhttp://www.blogger.com/profile/10196684716115571336noreply@blogger.com0