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Thursday, 17 March 2016

AUDNZD Technical Analysis For Your Learning: 17 March 2016, Thursday, 10.10am Singapore Time

AUDNZD Technical Analysis For Your Learning: 
17 March 2016, Thursday, 10.10am Singapore Time

Attached is the daily chart of AUDNZD with my technicals, longs entry point, stop-loss point and profit-taking point as shown. The Trinity signs is also shown. Taking all profits of the remaining positions on AUDNZD for risk management. The trade is taken in my previous live analysis when I said that the high profile shorts in China by hedge funds will cause AUDNZD pair to have a temporary short term spike. Previous live analysis as attached here:
http://donovan-ang.blogspot.sg/2016/01/audnzd-technical-analysis-28-january.html

 This is all executing right now, and as there is selling pressure in AUDNZD, I am out of AUDNZD.

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$ 36,124 SGD

Cumulative:
S$ 642,589 + S$ 36,124
= + S$ 678,713 SGD

Trading Journal:


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