Thursday, January 26, 2017

Top Trades of Last Week - AU200

Dear Nasril Nizam

How much you could earn last week trading stock index AU200?

Have you been following recent developments of global stock market? Here is how much you could earn by trading the AU200 (S&P/ASX 200 Index) stock index of the Australian Securities Exchange.

The AU200 has been pulling back from 18 month high last couple of weeks as Australian dollar continues strengthening against the dollar.

  • Based on our AU200 technical analysis released on January 17, 2017 you could sell 10 AU200 contracts with 1:100 leverage at the level 5700.00 on January 17, 2017 by investing about $426 (margin for this position).
  • Close the position on January 23, 2017 at the AU200 level 5610.00.
  • Therefore, by investing just $426, you could earn $664.78 (net of $15.62 swap charge), that is increase the investment about 150%.

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