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Friday, 22 January 2016

EURNZD Technical Analysis For Your Learning: 22 January 2016, Friday, 9.40am Singapore Time


22 January 2016, Friday, 9.40am Singapore Time

Attached above is the 4-hourly chart for EURNZD as well as my longs entry, stop placed and exit point.

Previous analysis:

Above are the profits in ($NZ) New Zealand Dollar (NZD).
Below are the profits converted into (SD) Singapore Dollar (SGD).

Profits in this trade:
 +S$ 12,633 SGD

S$ 143,693 + S$ 12,633
= + S$ 156,326 SGD

Trading Journal:

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  1. Hi Dovovan
    What do you think of a Long re-entry due to a retest of Reverse Neckline, SMA 20 and 100 on the Daily Chart?

  2. Yes, longs re-entry on that is technically sound and presents good reward-risk ratio.