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Tuesday, 12 April 2016

Australian ASX 200 Index Technical Analysis For Your Learning: 12 April 2016, Tuesday, 4.44pm Singapore Time


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:

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.

Above are the profits in (A$) Australian Dollar (AUD).
Below are the profits converted into (SD) Singapore Dollar (SGD).


Profits in this trade:
+ S$ 16,268 SGD

Cumulative:
S$ 725,373 + S$ 16,268
= + S$ 741,641 SGD

Trading Journal:


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