Yanlord Daily Chart
CSI Sell Signal - Yanlord
Yanlord 20 and 40 MA just started to turn downwards, a sign of going downtrend. There was a test CSI sell signal on 4/6/2013 triggered the very next day to sell. The first red arrow then appeared on 24/6/13 and triggered the next day to sell again. Currently the CCI(5) is oversold, we are waiting for the next red arrow to appear to sell and ride the trend down.
When one enters a trade using the mechanical trading system like CSI, one should also exit by following the system. By removing the responsibility from the trader of having to choose the entry and exit, the CSI expert is supposed to help the trader overcome emotion. With emotions eliminated from each trade, the trader may be in a stronger position.
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