The market hasn’t been moving much recently, we’re stuck in this range on the STI.

Analysis from Pimco is that MAS might be shifting their position towards tightening policy for Singapore.

This points to the possibility of higher interest rates in future.

Singapore is the only developed country in Asia to use a foreign exchange rate policy to maneuver its economy.

What we commonly observe is monetary policy which is the adjustment of interest rates.

But all these just form the background picture for you to have conversations over dinner with your friends.

All you need, to trade profitably, is a systematic method of selecting stocks and identifying entries.

Click here to learn more about our revolutionary systematic trading method.

STI

The STI is reacting to the 3270, price is attempting to push higher still. Let’s see.

STI still trapped in 3200-3270 range

Wilmar

Wilmar popping higher today.

Likely we’ll be getting an exit signal soon.

You can exit some now if you feel uncomfortable.

Free up capital and move on to the next opportunity.

No matter what, we’ve already made money from this trade.

Otherwise, be patient and follow system.

Wilmar time to exit?

Sembcorp Ind

We’re looking for an exit, hasn’t triggered an exit yet.

You can exit part of the position now if you’re not comfortable.

Otherwise, be patient and follow system.

Sembcorp Ind be patient and follow system.

Mandarin Oriental

We said we would use prior candle low as our trailing stoploss, and so we’re out at $2.20

Great quick trade!

Half the position for +$0.60 and the other half for +$0.1

Average of almost 18% return on this quick trade!

Mandarin Oriental great trade!

MM2

We triggered an exit at $0.48 for a small loss.

Well managed trade!

MM2 small hit, well managed trade!

Genting

Genting is making its move higher, but didn’t trigger any entry arrows yet.

We got to be patient and wait for the next signal.

KIV mode.

Genting moves higher with no trigger signal

Make processes your focus for a less stressful experience when you trade.

Click here to ease your trading stresses

The post 5th Oct STI Market Update: Locking In Almost 18% In Mandarin Oriental Gains appeared first on The Systematic Trader | Trading Courses | Collin Seow.