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What is an IPO? An initial public offering (IPO), or ‘float’, is when a private company lists on a stock exchange to raise funds by selling shares to investors, including members of the public. Companies use IPOs to raise money that can then be reinvested to help grow the business. IPOs give investors the chance […]

What is a Candlestick chart? A candlestick is a chart that displays the high, low, opening and closing prices for a security and can be represented on any time frame e.g. daily, weekly etc. The wide part of the candlestick is called the “candlestick body” and tells investors whether the closing price was higher or […]

  The market has started to pull back in the last 2 weeks as you have probably already noticed. The ASX200 has been in a bullish trend from mid-October and has had a great run with lots of good trades in that time. Market’s don’t keep going up without the odd correction from time to […]

  You might think I’m crazy when I say it, but I love it when I have a losing trade. Of course, I don’t go out looking for losing trades in the market, but when I do have a trade where I get it wrong, it gives me an opportunity. This is; the opportunity to […]

The ASX200 (XJO) has broken the key resistance level of 5,835, after trading sideways for the past few months. It is currently in a bullish state with the EMAS, and the next key level to test is 5,956, however the real area that the market has been anticipating is 6,000, which was last broken just […]

Markets have remained sideways since June this year with the ASX200 failing to break out of support (5,629) and resistance (5,835). (ASX200) North Korea has been the main drag on the Australian market with the DPRK conducting around 14 missile tests this year creating a heated exchange between the US and North Korea. The US […]

                              (CHART:ASX200) Market conditions have been average over the past few months’ with the ASX200 trading sideways since June. A mixed earning season and also global uncertainty with North Korea and Trump have weighed heavily on the market. It’s been frustrating […]

It’s been a mixed trading year for the first half of 2017 with the Australian market (ASX200), down -0.85% from January 3 to July 3. The main drag has been from sectors such as Financials, Telecommunications and Energy. However, some sectors have done very well for the first half of the year such as Health […]

The psychology of trading is one of the most important parts of trading as it can make or break a trader. The ability to control and adapt can be the difference between a successful trader and an unsuccessful one. One major part of the psychology of trading is loss aversion. Loss aversion is when a […]

May Market Update   The Australian market dropped 2.72% in the past month with the ASX200 falling below the key support of 5,800 causing the EMA’s to become bearish. The key Resistance level is still at 6,000 and support now around 5,679.                           […]