Friday 21 October 2011

Singapore Technologies Engineering Ltd - SGX

Singapore Technologies Engineering Ltd - SGX - COT Proxy

Since our last post of Singapore Technologies Engineering (ST Engineering), the commercials are still net short however the numbers are trending towards the commercials being net long. So let's get the cash ready and wait for the signal to buy!

3 comments:

  1. Uncle Ti 88,
    Thank you for posting your blog. I connected to it through your post on T2W. You stated on T2W that you would be willing to share your methods to identify entries and exits related to the COT Proxy. I am doing some testing and would appreciate learning more about what you do. I do not know how to pm my email to you (it is morganbouch@yahoo.com)

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  2. Hi Mbb!

    Thank you for your interest, it is rather simple actually. What I do is for instruments that have the commitment of traders report I use that to follow the main trend ie. go long or short. I use the simple moving average ie SMA 200 to determine the entry as well as exits. That is it for the basic rules. Depending on on how you trade some also incorporate the Average True Range as the exit as well.

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