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Friday 22 January 2016

EURNZD Technical Analysis For Your Learning: 22 January 2016, Friday, 9.40am Singapore Time


EURNZD: 

22 January 2016, Friday, 9.40am Singapore Time

Attached above is the 4-hourly chart for EURNZD as well as my longs entry, stop placed and exit point.

Previous analysis:
http://donovan-ang.blogspot.sg/2016/01/eurnzd-15-january-2016-friday-1152am.html


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$ 12,633 SGD

Cumulative:
S$ 143,693 + S$ 12,633
= + S$ 156,326 SGD

Trading Journal:



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2 comments:

  1. Hi Dovovan
    What do you think of a Long re-entry due to a retest of Reverse Neckline, SMA 20 and 100 on the Daily Chart?
    Thanks.

    ReplyDelete
  2. Yes, longs re-entry on that is technically sound and presents good reward-risk ratio.

    ReplyDelete