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Look left and think right.
When you trade you must good reason for your buy or sell. Especially in the current market condition, you definitely must find as much reason as you can to support your trade decision and strategy.
Another Scenario
Singapore Stocks Benchmark Straits Times Index | ^STI
It is good to look at the chart from different perspective. As said, you must find many reason to support your trade idea.
September 7, 2015 Straits Times Index and Equal Distance Channel
Look Back
Sometimes back, we took a look with waves and equal distance channel. See the following chart for details. Compare the analysis with a month later, September 7 analysis. You can see the energy for falling was so strong; the index just fall through the channel. In other words, from my experience trader, when there is gap down. It is a sign of danger.
August 6, 2015 Straits Times Index and Waves Theory
Thanks for visiting the website.
Moses
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