Yesterday we saw a great chance to take a precision timing short trade on the Straits Times Index (STI), and after it was triggered, we saw the STI collapse almost immediately, with a sharp plunge of 39 points.
It has now gone back to test the 3,000 crucial level, which we will observe carefully to decide whether to take our profits, or let the profits ride (if price breaks the support).
Here are some of our other open positions:
We have also taken several trades on forex and commodities, since the Singapore stock market has been rather tame in the past few weeks. By diversifying across different markets, we will always have regular trading opportunities to make money.
Next week, I will be going through all these open positions and trading opportunities in my new FREE seminar, as well as the strategies used for these trades.
Check availability: http://synapsetrading.com/events/training-workshops/
See you there! ?Cheers