Divergence Trader

How I Managed My Trade - Sunvic Chemical (Long)

Francis Chua
Publish date: Wed, 07 Jan 2015, 05:26 PM
Francis Chua
0 10,453
To find the truth, look below the surface

2015 has started and hope all had a safe and fun time bringing in the new year!

It is time to get a new year of trading started.

Nasty days in the markets with STI plunged -90 points on Monday and Tuesday. What a way to start the year.

Tha’ts ok though we have seen this type of action before (15th Dec & 16th Dec 2014).

I live for this type of volatility and I was waiting for the reversal. So i went in too many positions when the signal show that market start to reverse. Let me share with you some of my trade done before 2014 ended.

As usual, I did my homework before market open – Sunvic Chemical.

The daily chart is show a strong bullish divergence on 19th Dec 2014.

I entered 120,000 shares @ 0.45 and exited at 0.48 on 22nd Dec 2014.

A christmas present of $3,225.

Best wishes,

Divergence Trader

Sunvic

Sunvic

Statement

 

 

 

The post How I Managed My Trade – Sunvic Chemical (Long) appeared first on Divergence Trader.

Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment