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Wednesday, 13 April 2016

Australian ASX 200 Index Technical Analysis For Your Learning: 13 April 2016, Wednesday, 10.50am Singapore Time


Australian ASX 200 Index Technical Analysis For Your Learning: 
13 April 2016, Wednesday, 10.50am 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 the rest of the Aussie market longs holdings today on worldwide bullishness. 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.

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



Profits in this trade:
+ S$ 42,400 SGD

Cumulative:
S$ 741,641 + S$ 42,400
= + S$ 784,041 SGD

Trading Journal:


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