26 July 2010

Hangseng Trading Plan 26/7/2010


DIFF Resistance - 20120
DIFF Support - 19933

Base on the DIFF troday we are still in a buying positions, But as soon as the market opens its went down due to profits taking,

In my previous blog i had said in th eemails that Hangseng would goes to level 22000, I might be wrong but all my indicators are supporting this level.

Base on the day trading today , If you are making a buy our stop loss level is 20913 and its hit our stop loss level exactly at 0955 hrs WIB.

Mhy advise to those Day traders using DIFF, we will stay out of the market unless we can see a new signal is formed,

Going Short is advisable but its against our technique as we have all said that we will stick to our trading plans.

For clients who had made the Buy positions from 21/7/2010 - CONGRATULATIONS........;....
Now you can see the POWER of this technique .