Well, as usual, Monday is always not my day. I traded AUD/NZD long with – 1 R loss. And, I was just an unprepared trader today. I did not even know it was public holiday in Japan and U.S. Well, Forex is a 24-hour market, but experience told me that day trading during holidays of […]
Archives for October 2007
Friday’s Trading
My plan was to exit my day trade position before NFP announcement. Right. I did that, and missed out bigger profit. But, well, I am not feeling frustrated over this at all. Day trading around NFP are for the ‘Professionals’ , not for me. I was Long AUD/JPY. Not too bad. And I was happy […]
Thursday’s Trading
Boo…what a lousy day. I was watching all dollar pairs closely and finally I saw a nice dummy setup form in USD/JPY. As mentioned in my last post, I hesitate to trade any dollar pair before NFP. I decided to take the trade, with smaller than normal R. Well, just as expected, nothing much happened. […]
Wednesday’s Trading
I did not trade on Wednesday.Partly because of busy with non trading stuffs, and can’t find any convincing setup. Generally, Dollar is in recovering mood now, and looks pretty strong ahead of Non Farm payroll. People are expecting a strong payroll report. Well, to me, the rule is simple. I am watching closely but not […]
An American Hedge Fund
Tim sent me a copy of his new book An American Hedge Fund: How I Made $2 Million as a Stock Operator & Created a Hedge Fund last month. I finished reading it recently but just did not have time to write a review. As I am located in Australia, I have a little idea […]
Tuesday’s trading
I made two trades today. Long EUR/JPY which was later stopped out with -1R. It was pretty choppy throughout the Asian session. Second trade was made during U.K session, Long GBP/USD. It was a very slow and choppy trade. I left my stop loss order on and went to bed. I closed the position with […]
