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Tuesday, 19 January 2016

GBPCAD Technical Analysis For Your Learning: 19 January 2016, Tuesday, 2.35pm Singapore Time


GBPCAD: 

19 January 2016, Tuesday, 2.35pm Singapore Time

Attached above is the 4-hourly chart for GBPCAD as well as my entry and exit.

Earlier analysis:
http://donovan-ang.blogspot.sg/search/label/GBP-CAD
http://donovan-ang.blogspot.sg/2016/01/gbpcad-13-january-2016-wednesday-307pm.html

Original plan was to hold for longer term for this GBPCAD remaining holdings, and ride it out for larger profit, but decided to not take the risk anymore based on the battle ground assessment on chart above.
Decided to take profits on the rest of the GBPCAD longs.

Above are the profits in (CD) Canadian Dollar (CD).
Below are the profits converted into (SD) Singapore Dollar (SGD).


Profits in this trade:
 + S$ 5,336 SGD

Cumulative:
S$ 120,042 + S$ 5,336
= + S$ 125,378 SGD

Trading Journal:



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