Asking some tough questions about the Straits Times Index. Is it going straight down? Is it different this time compared to all the previous crises?
I hardly look at FTSE100, but when Glencore headline came into market, the first index to zoom into is naturally FTSE, because Glencore is an index stock. Glencore’s stock is down 72% this year; Monday’s 17% drop saw its lowest ever price http://t.co/FybTMamN7e pic.twitter.com/335RtjlDjR
Intake 48 of Terraseeds Tflow® Forex Course will start on 31 October 2015. There are 2 free educational forex seminars to attend prior to this intake.
Straits Times Index 80% retracement at 2840 appears broken decisively. Next potential support zones at 75, 70% retracement. Needs price action to verify.
Straits Times Index was supported 4 times by 2840, a technical level that has some historical precedence. Based on closing today, not any more. Is this a real break or a false one?
I like to look at big pictures and when a trade setup stick very nicely to high timeframe levels, I opened eyes big. This is what I meant, with EURAUD example. Hopefully a retracement higher could open up a better price. Updated on 28 Sep
When many boxes are about the same high or low, it is a clue to us (in Tflow®) that there might be a potential setup. First caught my eyes when GBPCAD was doing a flattish consolidation of 4 H4 boxes. H4 boxes consolidation with downflow-1234