What is next likely level might hold the “falling knife” – ST Index

27 September 2014

 

Lesson

 

What is next likely level might hold the “falling knife” (of course the fall is not great, so not truly a falling knife?) Straits Times Index, STI

 

Don’t just simply believe everything you read here, think and contemplate. You are responsible for your one trading decision.

You will realise that “think, think and (you will) got more things! Have fun!

 

… but I didn’t stop there. … as I said before, my analysis changes as the time move forward when the patterns unfold itself. This is the beauty of chart analysis. The more that you read the chart, sometime you will have different conclusion. Remember, everyone read and analyse the same chart but interesting enough each will have different conclusion, different trading strategy and plan. The end result is some win and some loss. …

 

However, even if you will have the same answer, other may win and you are not. Why! Why? See my previous post for the answer.

 

 

Straits Times Index, STI 26 September 2014 Daily Chart

Straits Times Index, STI 26 September 2014 Daily Chart

 

 

Read more related postings:

1)   Why Some Win but Why Some Lost? Moses’ Stock Analysis

2)   No Pain No Gain, Moses’ Stock Column

3)   After Great Recession! Moses’ Stock Analysis

4)   Chart Does Not Lie! Keppel Tele & Trans

 

Thanks for visiting the site, AmiBrokerAcademy.com.

Moses

 

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