| Initial Fund | 15/08/10 | $50,000.00 | ||||||
| Current Value | 17/02/11 | $88,138.20 | ||||||
| Cash: | 16298.20 | |||||||
| Stocks: | 71840.00 | |||||||
| Total Retrun since 15-08-10: | 76.28% | |||||||
| Gold price shows a very encouraging signal after climbing over $1370. | ||||||||
| EXS - | SP was pulled back after overnight weak copper price. | |||||||
| | ||||||||
| TUC - | SP rebounding without enlarged volume. | |||||||
| | ||||||||
| WPG - | The chart looks a bit ugly. Keep in alert | |||||||
| | ||||||||
| RAD - | Nothing changed, SP is consolidating. | |||||||
| | ||||||||
| PIR - | Gold price recovering. | |||||||
| | New gold found at Fekola. The market is seeking re-valuation. | |||||||
| | Broker upgraded target price. | |||||||
| | Good prospect in long term. | |||||||
| ATI - | Good announcement. | |||||||
| | | |||||||
This blog is to provide a platform to discuss personal trading experience and philosophy in Australian share market. My Gold Trading Rules: 1 - Never lost money 2 - Never forget rule 1
Thursday, February 17, 2011
Share Daily Updated: 17/02/11
Wednesday, February 16, 2011
Share Daily Updated: 16/02/11
Initial Fund | 15/08/10 | $50,000.00 | ||||||
Current Value | 16/02/11 | $86,285.00 | ||||||
Cash: | 53455.00 | |||||||
Stocks: | 32830.00 | |||||||
Total Retun since 15-08-10: | 72.57% | |||||||
Gold price shows a very encouraging signal after climbing over $1370. | ||||||||
EXS - | SP was pull back after overnight weak copper price. | |||||||
TUC - | Capital rise completed, The price is Consolidating above 0.32 | |||||||
Expecting further rebounding this week. | ||||||||
WPG - | The chart looks a bit ugly. Keep in alert | |||||||
RAD - | Nothing changed, SP is consolidating. | |||||||
Monday, February 14, 2011
Share Daily Updated: 14/02/11
| Initial Fund | 15/08/10 | $50,000.00 | ||||||
| Current Value | 14/02/11 | $86,855.00 | ||||||
| Cash: | 53455.00 | |||||||
| Stocks: | 33400.00 | |||||||
| Total Retun since 15-08-10: | 73.71% | |||||||
| EXS - | Very exciting break-out. Actual EXS broke out the resistance of 0.62 | |||||||
| | last week and consolidating for a week until today rising. | |||||||
| | very encouraging signal. Expecting further rise with more volume. | |||||||
| | ||||||||
| TUC - | Capital rise completed, The price is Consolidating above 0.32 | |||||||
| | Expecting further rebounding this week. | |||||||
| WPG - | The chart looks a bit ugly. | |||||||
| | However operation is on schedule in today's announcement. | |||||||
| RAD - | Nothing changed | |||||||
| | | |||||||
Saturday, February 12, 2011
Gold Price Faces Primary Resistance
I am still very bullish with Aussie market.
However gold price is major factor to impact mining sector.
The recent recovering of gold price can only be considered
as rebounding after breaking support. (See below diagram)
With the situation in Egypt getting closer to solution, the gold
price may face pressure again in coming week.
The price rising above $1375 would indicate another rally.
However it falling below $1340 would warn of a down-trend.
Share Daily Updated: 11/02/11
Initial Fund | 15/08/10 | $50,000.00 | ||||||
Current Value | 11/02/11 | $86,485.00 | ||||||
Cash: | 53455.00 | |||||||
Stocks: | 33030.00 | |||||||
Total Retun since 15-08-10: | 72.97% | |||||||
Thanks for some queries from my readers. This blog hasn't been updated for | ||||||||
a few days, the reasons are: | ||||||||
1 - I had a business travel in QLD. | ||||||||
2 - I transferred all shares to a new account. | ||||||||
Hopefully the blog will be updated every day. | ||||||||
EXS - | some brokers had updated target price. | |||||||
Though the price had broke-out the resistance of 0.62, unfortunately | ||||||||
the price did rise further. | ||||||||
TUC - | Capital rise completed, The price is Consolidating above 0.32 | |||||||
WPG - | The chart looks a bit ugly | |||||||
RAD - | The price is consolidating in a flag shape. (see below diagram) | |||||||
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