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.
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 ($NZ) New Zealand Dollar (NZD).
Below are the profits converted into (SD) Singapore Dollar (SGD).
Below are the profits converted into (SD) Singapore Dollar (SGD).
Profits in this trade:
+ S$ 36,124 SGD
+ S$ 36,124 SGD
Cumulative:
S$ 642,589 + S$ 36,124
= + S$ 678,713 SGD
= + S$ 678,713 SGD
Trading Journal:
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