Monday, May 22, 2006

8:37 pm - Significant of trade #18

After a huge gap down and loss of 10 point for trade #17, the next trade wins its all back (trade #18 is in the money 16.5 pts) . It is interesting that for every trade that you lose, there is another big winner waiting for you.

8:34 pm - Trade #18 is triggered short at 940 on 18 May

Short at 940 when MACD cross down. Today, cash experience its biggest fall. I think there wud be more fall. If short, maintain position, else look to short back at 922.5

Stop loss at 923.5