Singapore Stock CSI Buy Signal - EzionHldg Follow Up

Singapore Stock CSI Buy Signal - EzionHldg Follow Up

Singapore Stock CSI Buy Signal - EzionHldg Follow Up

Daily Chart of EzionHldg

Since I last posted Ezion, although it has broken trough (Support) on 28/8/13 and the candle has turned red, the next day Ezion price did not go lower than the previous day low. We have a methodology to also exit the stock with the signal. Yesterday, the price went back above the trough and into the range. We are still holding on to Ezion Long position.

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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