Tuesday, February 26, 2008

The Turtle Trader Swing Trading System for SiMSCI


The Turtle Trader Swing Trading System
MSCI Singapore 02/27/2008

The diamond symbols identify a trade signal. Long term trends are shown as Red (SELL) and Green (BUY) Highlights. Blue highlights identify Swing trends

• Open 384.5000
• High 384.5000
• Low 378.3000
• Close 383.3000
• Change 2.5000 (0.66%)

Divergence Signals
Today's price range constitutes a valid long term trend.

Long Term Trend

Currently in Long Mode.

Swing Trend

Currently in Long Mode

*Definition of Long Term Trend and Swing Trend.

Swing Trend 1 - 7 Days.
Long Term Trend 7 - 90 days

Directional Indicator Table

Today's Value Previous Value

+DI 24.000 24.000
-DI 28.000 29.000
ADX 23.000 24.000
ADXR 29.000 30.000

The ADX is currently below both Plus and Minus Directional indicators. This system should not be used to initiate any trades right now.

This review is not a recommendation to buy or sell, but rather a guideline to interpreting the specified analysis methods. Past performance is not indicative of future results. There is a substantial risk of loss in futures trading. Futures trading involves a high degree of leverage, which allows for large returns, but also large losses. Due to the high degree of risk you should carefully consider whether commodity trading is appropriate for you. This information should only be used by investors who are aware of the risk inherent in futures trading. The Turtle Trader accepts no liability whatsoever for any loss arising from any use of this review or its contents.

Review of mini-DOW (YMH08) 2/27/2008



The Turtle Trader Trend Analysis
Review of YMH08 2/27/2008
• Open 12,394.0000
• High 12,595.0000
• Low 12,345.0000
• Close 12,566.0000
• Change 171.0000 (1.38%)

Stop and Reverse (SAR)

An SAR Buy signal was generated today. If you are short, this might be a good place to exit.

Directional Indicator Table

Today's Value Previous Value

+DI 19.000 15.000
-DI 22.000 24.000
ADX 28.000 30.000
ADXR 32.000 33.000


Summary

The current market condition for YMH08 is:

Bearish

The close is currently Below it's 200 period moving average.
The close is currently Below it's 90 period moving average.
The close is currently Above it's 30 period moving average.



This commentary is not a recommendation to buy or sell, but rather a guideline to interpreting the specified indicators. The information contained herein is believed to be reliable but the accuracy or completeness is not guaranteed. This information should only be used by investors who are aware of the risk inherent in securities or derivatives trading. The turtle trader accepts no liability whatsoever for any loss arising from any use of this review or its contents.
One of the most powerful trading strategies traders like to employ is to enter and exit of trades using new highs and new lows over a certain period of time. An example what traders would do is to sell on a new 20-day low and buy on a new 20-day high. This allows one to trade on the daily chart without having to follow the market throughout day. The key is this strategy is to only trade in the direction of the trend as that is where you will find some of the biggest moves.