For a trader, winning is extremly dangerous if you haven't learned how to monitor and control yourself.

The Secret Recipe: Trading Success = Winning Trading System - U


Thursday, July 8, 2010

Two Longs Set Up

My upward bias is rewarded well so far. Last night Dow closed 274 points higher, brought it back above 10,000 important psychological level again. It's the 2nd day up after its nine days down in a row.

Now, STI seems become the bullishest index in the world, outperform US indices, Hangseng, and shanghai. A big surprise isn't? Why is it so? I don't have the answer.
But there is a classic answer to this: Don't ask why it go up, but why you didn't buy.

Today, the below two charts have a nice set up:

SPH
2010Jul-SPH-800x600

Kepcorp
2010Jul-KepCorp-800x600

No comments: