Tuesday, May 30, 2006

20060530 A down candle makes the evening star pattern we were watching out for, which is a reversal sell signal. Looking for HSI to test lows again. Posted by Picasa

20060530 16:01. 1 min chart view. Posted by Picasa

20060530 15:53. Short triggered 15920 on break out of triangle pattern. Posted by Picasa

20060530 15:26. HSI forms a triangle. Watching for signs of breakout. Posted by Picasa

20060530 11:19 am. Long HSI @ 15928. Posted by Picasa

20060530 11:05 am. RSI going above 50 indicates time to cover the position. One of those non follow through days today. Posted by Picasa

20060530 10:40 am. Looking to cover if the RSI gets above 50. Posted by Picasa

20060530 10:25 am. Short @ 15918. Stop 15990. Posted by Picasa

20060530 10:12 am. HSI breaks, would look for retracement for the short. Posted by Picasa

Monday, May 29, 2006

20060529 Gaps up gravitating towards the moving average. Trading is dominated by rolls. Posted by Picasa

20060529 12:15 pm. HSI bounce off R3, long would have been a good strategy today. Posted by Picasa

Saturday, May 27, 2006

20060526 An interesting spinning top after a gap up, indicating indecision. If hSI gaps down after the weekend and closes below log of the black candle 2 days ago, indicates a weak pattern. Posted by Picasa

Friday, May 26, 2006

20050525 HSI futures. Posted by Picasa

Thursday, May 25, 2006

20060525 3:14 pm. HSI rallies after hitting our stop, that is the way the cookie crumbles. Posted by Picasa

20060525 2:42 pm. Stopped out. Posted by Picasa

20060525 2:35 pm. Stop order below low to close this position. Posted by Picasa

20060525 12:30 pm. Long triggered at 15660. Posted by Picasa

20060525 12:09 am. Stance change to long on break of 15660. Posted by Picasa

20060525 10:50 am. HSI finally breaks despite doubts. A lesson to stay the course. Posted by Picasa

20060525 11:30 am. Short at 15660, but wary because the price action seems to indicate some support. Posted by Picasa

20060525 10:44 am. Stalking a long on break of 15719 or alternatively short 15660 breakdown. Posted by Picasa

Wednesday, May 24, 2006

20060524 A big spinning top formation, where at midday HSI was -204, gaps up after the session break. If tomorrow we see buyers step up, we might see more gains. Posted by Picasa

20060524 12:04 pm. Stopped out on close above 20 ema. Posted by Picasa

20060524 So if you were short, the 20 ema provides a nice trailing stop. Posted by Picasa

20060524 11:07 am. We have the triangle we were waiting for, with subsequent breakdown. Posted by Picasa