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Thursday, 18 February 2016

GBPCAD Technical Analysis For Your Learning: 18 February 2016, Thursday, 11.48am Singapore Time


GBPCAD Technical Analysis For Your Learning: 
18 February 2016, Thursday, 11.48am Singapore Time

GBPCAD is having intensive selling pressure as per expected after my re-establishment of bearish technical rating made on it on 22 January 2016. Refer to the previous analysis as below:
http://donovan-ang.blogspot.sg/2016/01/gbpcad-technical-analysis-22-january.html

I am taking the 1st batch of shorts profits on GBPCAD today.
This snowballed money is to be used for further snowballing in either crude oil or precious metals or short term investment in strong bank stocks or commodity stocks.

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


Profits in this trade:
+ S$ 53,916 SGD

Cumulative:
S$ 283,665 + S$ 53,916
= + S$ 337,581 SGD

Trading Journal:


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