Australian ASX 200 Index Technical Analysis For Your Learning:
12 April 2016, Tuesday, 4.44pm Singapore Time
Attached above is the Australia ASX200 Technical Analysis.
Refer to previous Australian Market Analysis here when I said buy on fear in January 2016:
Refer to previous Australian Market Analysis here when I said buy on fear in January 2016:
I am taking profits of partial holdings today (Unload around half of my ASX longs). This is a live trade of how buying on fear and selling on greed is highly lucrative within an optimised minimal timeframe. This is a standard market operation.
I will look for pessimism to set in among the public again before adding some dips.
The above exit was not the best of my trades. However, like soccer, a crappy 1-0 win even when the form is not good is what matters, and is always good enough to win the premier league.
The above exit was not the best of my trades. However, like soccer, a crappy 1-0 win even when the form is not good is what matters, and is always good enough to win the premier league.
Above are the profits in (A$) Australian Dollar (AUD).
Below are the profits converted into (SD) Singapore Dollar (SGD).
Below are the profits converted into (SD) Singapore Dollar (SGD).
Profits in this trade:
+ S$ 16,268 SGD
+ S$ 16,268 SGD
Cumulative:
S$ 725,373 + S$ 16,268
= + S$ 741,641 SGD
= + S$ 741,641 SGD
Trading Journal:
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