Friday, March 31, 2006

20060330 HSI beaks out of consolidtion. Looking to buy pullbacks. Posted by Picasa

Thursday, March 30, 2006

20060329 An inverted hammer, which is a bearish formation. However need to confirm with price action, which if breaks 10 pts below the low, signal a short. Posted by Picasa

Wednesday, March 29, 2006

20060329 3:40 pm. A simple setup. 1. the 3 moving averages ocme together, indicating the sideways congestion 2 add/subtradt 25 pts from the 20 mov avg to get a trigger price to take breaks out of this range, in this case 15738 3. There is a further horizontal area of support 15741 close to the level identified previously. Shorts taked on breach of these 2 levels. Posted by Picasa

Sunday, March 26, 2006

20060324 Poised for a breakout of a mini triangle formation Posted by Picasa

Friday, March 24, 2006

20060323 ID inside day pattern on candlestick indicates breakout either side possible. Posted by Picasa

Saturday, March 18, 2006

20060317 HSI futures continues the move up after the breakout of the consolidation. Posted by Picasa

Friday, March 17, 2006

20060316 HSI daily chart shows consoidation after breakout of range. Expecting some continuation of upside. Posted by Picasa

Wednesday, March 15, 2006

20060315 The expected move out of the consolidation range, albeit with a gap up. Posted by Picasa

Tuesday, March 14, 2006

20060314 HSI is scribing sideways range, looking for the breaout that might lead to follow through. Posted by Picasa

20060313 Hammer formation indicates bullish reversal from recent down move. Posted by Picasa

Saturday, March 11, 2006

20060310 ID pattern. Could signal breakout either side. Posted by Picasa

Friday, March 10, 2006

20060309 HSI in tight range, not quite an ID. Posted by Picasa

Thursday, March 09, 2006

20060308 Another day of down candlestick. A good trade idea would be to wait for takeout of the low of 50 pts, for the long trade. Posted by Picasa

Wednesday, March 08, 2006

20060307 Breaks down throg multiple support. 15550 can ba a good level to short, if bounce up to there. Posted by Picasa

Tuesday, March 07, 2006

20060306 HSI futures daily chart update. Posted by Picasa

Friday, March 03, 2006

20060303 How the long trade ended up. Key is how the trade is managed. Posted by Picasa

20060303 11:30 am. Took long 15812 with stop 15789 on mov avg crossover. Posted by Picasa

Thursday, March 02, 2006

20060302 A possible 123 reversal forming. Good trigger would be the low of today's bar to go short. (if the pattern plays out) Posted by Picasa

20060302 Moving averages flatten out. Maybe a period of consolidtion before the next trend. Posted by Picasa