Wednesday, August 31, 2011

CityDev

Sell at $10.60 on 31st Aug; buy at $9.80 on 22nd Aug

Trade Decision Condition:

  1. STI reached near to the deciding resistance of 2870. I am not sure whether it will break it or not, but i decide not to bet on it.
  2. Rally has been going on several days.
  3. Emotionally, the profit is tempting enough to take.
Profit: 8%

Monday, August 22, 2011

CityDev

Buy CityDev at $9.8 on 22nd Aug

Trade Decision Conditions:
  1. STI may reach it's bottom at 2680 - 19% correction. If it hits more than 20%, a bear territory. The risk to enter here is reasonable
  2. CityDev hold $9.70 well enough. The risk to take up the position is smaller now.
Stop: $9.65

Monday, August 1, 2011

Biosensors

Sell Biosensors at $1.375 on 1st Aug; buy at $1.27 on 22nd June

Trade Decision Conditions:
  1. Biosensors refused to break $1.41 despite STI breaking 3200
  2. Logging in some profit in the global volatility
Profit: 8%