March 21, 2015
Big Picture
Bar by Bar, besides reading the chart bar by bar for short and immediate term. You should always step back and look at the big picture. By the big picture you will find the long term picture. 3460 is a important level to break. When it break it will be able to travel north. When start to move north, what is the likely level STI will take a break. See that triangle, AB = CD. This is where you might want to take some profit.
From a geometry AB = CD pattern, the long term strategy look bullish and will break up 3460 level. So, plan your trade trade your plan.
Remember, all setup can fail. Trade with eyes open.
March 20, 1015 Straits Times Index, STI
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Moses
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