Daily Chart of GoldenAgri
Singapore Stock CSI Buy Signal - GoldenAgri
This week let's take a look at GoldenAgri. We can see that there is a 3rd buy arrow generated. One can consider to buy at the trigger price of 0.62, one bid above the previous day high. If the price did not trigger, one can continue to trail. One should then enter at one bid above the next candle high.
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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