Tag: australian share market performance
Trading insights on share trading, forex trading, cfd trading and options trading. Powerful insights from our Wealth Advisers at PhillipCapital Australia.
Only 2 weeks into 2016 and we have fallen more than an average move in the market over a fully 12 months. Welcome to 2016, as this is only the precursor to what the rest of the year has in mind for us. Having said that it’s not going to be all one way traffic as we will have our fair share of swings and roundabouts along the way. They say when something or someone finally gets their face ...
Read more about Australian Share Market – XJO Commentary 18 Jan 2016
There are important lessons from last week. Like one day doesn’t make a trend. Irrespective of how compelling a day looks we will always need more than one day to confirm a trend. Being aware of where resistance is and what the cycles are doing are essential in helping to position oneself on the correct side of the market. This last week was a very good example of this being the case..