Friday, January 20, 2006

10:28 am - This Jan mth is ending earlier due to CNY

We wud have shorter trading month. So the last trading is 27th Jan, 2006.

Therefore, institution wud be doing their mthly rollover of contract and MACD cross over gives occasional false buy or sell signal.

It is best to stay out during these time.

10:22 am - Trail stop higher to 906.5

I may close this trade if the MACD abt to cross down.