26 September 2008
I continue reviewing historical charts on those buy setups and short setups and their further development after breaking out for future trading reference.
Labels: plan
06 Sep 08
I have painfully decided to write off IndoAgri whose value is only worth of my half monthly pay now so that I can lighten up my psycological burden as a result of failure as a disciplined trader and focus on those potential opportunities in the market.
I have painfully decided to write off IndoAgri whose value is only worth of my half monthly pay now so that I can lighten up my psycological burden as a result of failure as a disciplined trader and focus on those potential opportunities in the market.
Labels: Historical Teachings
07 Aug 08
ChinaHX sold .48, downtrend firm, MA50 100 200 trending down, kissed MA50 5 times and unable to overcome, correction starting from 24 Jul 08 accompanied with large volumes, a sign of distribution.
FerroChina sold 1.35, TA rebound target achieved since it charged into resistance area 1.38 to 1.47, high achieved so far 1.43, correction accompanied with large volumes from 04 Aug 08 to 07 Aug 08, which is a sign of distribution.
JES sold .25, gapped down and below long term support, MA 50 100 trending down, industry fundamentals worsening
SGX sold 6.82, MA50 100 200 trending down, MA50 resistance firm
only 3 counters left now - IndoAgri, LiHeng, Sunvic, LH sell order at .62 not filled so far, Sunvic at .395 not filled so far. my risk should be very very limited now with today's selloff. I determined to bite the bullets, cut losses and walk away. The bear simply too strong to fight with. I'm deserved to pay for my mistake of going long against down trending market.
08 Aug 08
Li Heng sold .60, lower low and lower high completed today, MA 50 trending down
Sunvic sold .39 at entry level, 06 Aug 08 cross with huge volume, bearish
only IndoAgri left
ChinaHX sold .48, downtrend firm, MA50 100 200 trending down, kissed MA50 5 times and unable to overcome, correction starting from 24 Jul 08 accompanied with large volumes, a sign of distribution.
FerroChina sold 1.35, TA rebound target achieved since it charged into resistance area 1.38 to 1.47, high achieved so far 1.43, correction accompanied with large volumes from 04 Aug 08 to 07 Aug 08, which is a sign of distribution.
JES sold .25, gapped down and below long term support, MA 50 100 trending down, industry fundamentals worsening
SGX sold 6.82, MA50 100 200 trending down, MA50 resistance firm
only 3 counters left now - IndoAgri, LiHeng, Sunvic, LH sell order at .62 not filled so far, Sunvic at .395 not filled so far. my risk should be very very limited now with today's selloff. I determined to bite the bullets, cut losses and walk away. The bear simply too strong to fight with. I'm deserved to pay for my mistake of going long against down trending market.
08 Aug 08
Li Heng sold .60, lower low and lower high completed today, MA 50 trending down
Sunvic sold .39 at entry level, 06 Aug 08 cross with huge volume, bearish
only IndoAgri left
Labels: Live Trading Records
