TW (Taiwan) Live Trades on SGX

Quote from riskfreetrading:

So essentially you are guaranteed to never lose! (0.70 gain on 1/3 and stop of 0.20 on the 2/3). A profit of 0.30 on 1/3, enough to have a positive day and cover commissions. I like the way you trade (if very trader was a boe-gn like you, there would be no profits left for others :D )
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Stoped on the balance with some slippage to 330.2 so not a great trade
 
Quote from Bogan7:

Stoped on the balance with some slippage to 330.2 so not a great trade
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Sorry to hear that. That is a large slippage (by stocks standards).

I was following the 5-minutes. The BB(24, 2) is where I would expect the prices to stop going up. Therefore I would have placed a stop above there, and also I would have entered on this reaction that you have gone through. But trading is good only with hindsight!
 
Would it be possible for Bogan, Kiwi or anyone else to post a one minute chart for a typical day session on the SPI to see how the market action has changed.

Many thanks and Best Regards

Johno
 
It is back to 330. But I think that area of resistance is somewhat suspect. I would say that 330.50 (0.20 or so lower than the top) is a better area to get back short assuming a failure on the up move.
 
Quote from kiwi_trader:

Mon tue wed ... last days of march contract
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Is that SPI? It seems to be correlated to US market. Now which one leads (Aussie or USA?) Looking at the chart it seems to me that one could have predicted the USA just by looking at the Aussie chart?
 
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