Collin Seow Remisier Blog

Singapore Stock CSI Sell Signal - Tat Hong Follow up

Collin Seow
Publish date: Sat, 03 Aug 2013, 02:02 PM
Collin Seow
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Collin Seow (CFTe,CPM) is an experienced remisier who mentor his clients to help them to build a stock portfolio.

Singapore Stock CSI Sell Signal - Tat Hong Follow up

Tat Hong CSI 20130803

 

Daily Chart of Tat Hong

Tat Hong has been consolidating sideways, however, on 30/7/13, it broke its trough (support) at 1.17. AT the same time the 6th arrow was generated.

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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