Just Jest

FX and Futures Trader

Archive for the ‘Stocks’ Category

Trades & Journal Updates

Posted by jest on March 10, 2008

Forex
Right, i was finally taken out of my eurgbp trade for 140 pips profit (approximately 1.5R). I took a direct short immedietely after that (0.7635) current stops are residing at BE.

Sg Stocks
STX PO : Showing interesting developments. Will keep watch for the next few days.
Wilmar : Resting on an important 200 SMA. Buy stop placed at $4.20, Stop Loss at 3.92.
SIA : Making Interesting developments, a possible long trade could be on the cards. Keeping Tabs

I havent been active lately and have been finding it hard to get my feets wet again. Be very cautious with those long trades.

Posted in Journal, Stocks, TradeFX | Leave a Comment »

Update on DBS

Posted by jest on January 23, 2008

Look at her go…can we see $15.50? Well thats a target, for me at least. Annuoncement due in mid Feb, we’ll watch the developments till then.

We have suddenly seen huge price swings, extreme volatility, difficult times to trade. A word of advise for fellow traders, keep the stops HUGE and reduce the overall exposure, we are gonna see plenty of slippages.

Posted in Stocks, Technical Analysis | Leave a Comment »

DBS Annihilated

Posted by jest on January 16, 2008

STI’s big cat just broke a 6mth low, it seems like financials around the world carry one strategy. Sell… All time high cemented at 23.00 current trading at 18.20. DBS has lost 21% of its value since the high. Have we seen value? i’d suggest, staying aside.

Posted in Stocks, Technical Analysis | Leave a Comment »