A new year and a new decade have begun, along with a great move in the markets this week. Finally, the Aussie market has pushed through its significant key resistance into blue sky territory. An area it has not been beyond since 2007. This is a very positive sign for the start of 2020.
It would be nice if we were at the start of a long bull run for most of this new decade, but of course you can never really tell what’s going to happen next. I know that I am certainly going to enjoy the ride while it lasts and maximise on the bullish move.
Let me share with you how the charts look and provide an update on a few of my trades that I shared in my last newsletter update.
If you have recently subscribed to my website, or for some reason you did not receive my last newsletter email, you can view the previous newsletters from this web link: http://smarttrading.com.au/news/
| Market Video Update |
In this market video update, we take a look at the recent market breakouts and a follow up on a couple of my trades.
If you have any difficulties playing the video from this web page you can watch it directly on YouTube from this web link: https://youtu.be/0BZH8kM-tZw
Do you have a strategy to capitalise on the market while it’s running strong?
If you don’t, now is the time to learn how to take advantage of the good market times and know how to maximise on your profitable trades. As well as being prepared for when those times change and know how to protect your profits and keep your losses to a minimum.
If you want to know more about my trading systems and get inside my head so you can develop a system that will suit your lifestyle, then check out my Ultimate Smart Trading Mentor Course and take your trading to the next level.
If you are new to trading and do not understand how to read charts then my Charting 101 Online Course is available to help you get started and learn how to identify healthy shares. You can find out more about all my courses on offer from this web link:
http://smarttrading.com.au/wp/smart-trading-online-store.
| Finally |
It’s important to always be ready to take advantage of strong market moves when they are offered and for as long as they continue, but at the same time also being prepared for when they change with a plan of action.
Cheerio for now
Justine Pollard
Author, Private Trader & Trading Mentor
‘Discover the Smarter way to trade’
www.smarttrading.com.au
justine@smarttrading.com.au
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