30 August 2016, Tuesday, 10.10am Singapore Time
Attached above is the CHFJPY Technical Analysis for your learning.
Refer to the previous live analysis as below when the trade was taken:
Refer to the previous live analysis as below when the trade was taken:
http://donovan-ang.blogspot.sg/2016/06/chfjpy-technical-analysis-24-jun-2016_24.html
On 24th June 2016 (Singapore Time), while the Brexit vote was being counted, I said:"While Brexit vote-counting is on-going, CHFJPY has one of the best price structures for trading in place of GBP-pairs. Best opportunities are not at the warzone areas of GBP anymore. CHFJPY: Short (Bearish)"
On 24th June 2016 (Singapore Time), while the Brexit vote was being counted, I said:"While Brexit vote-counting is on-going, CHFJPY has one of the best price structures for trading in place of GBP-pairs. Best opportunities are not at the warzone areas of GBP anymore. CHFJPY: Short (Bearish)"
I am exiting and taking profits of 1st batch of the CHFJPY shorts now, in consistency with my bullishness on Japanese Nikkei-225.
Technicals are as illustrated on chart.
Technicals are as illustrated on chart.
Above are the profits in (￥) Japanese Yen (JPY).
Below are the profits converted into (SD) Singapore Dollar (SGD).
Below are the profits converted into (SD) Singapore Dollar (SGD).
Profits in this mid term trade:
+ S$ 135,378 SGD
+ S$ 135,378 SGD
Cumulative:
S$ 1,632,519 + S$ 135,378
= + S$ 1,767,897 SGD
= + S$ 1,767,897 SGD
Trading Journal:
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