TW index (c) chart

Posted by TobinChang at 2:58 PM Tuesday, May 5, 2009


This is the Taiwan Index Daily chart with a runaway upwards market since end April to early May . Notice that this kind of market tends to trigger lots of attention and build in emotion with plubic rushing in for a piece of some good $ . Attention - if there are no follow through after the big movement there might be a resting point where the market need to find a new direction .. if at any point any traders are not in ITM with their trade , try to square of the position rather than to get marry to it . Traders must learn when they should not be in the market and when they should actively involve . ( word of advice ) for any questions on trading the futures market email : info@mmtta.com

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