This is something I don’t wanna see, given Aussie dollar is my home currency at the moment. :o: While the world equity markets were beaten seriously, Aussie dollar is hammered. Weekly chart is no longer as beautiful. uhm… We have a new lower high and now trying to break the previous low…What the…. Let’ see […]

I received an email from one of my forex broker Dear Client,Please be aware of the substantial volatility in the international markets today and manage your open positions accordingly. If you need assistance, please do not hesitate to call the Trade Desk. Sincerely, xxxxxxx Here is the email from my Futures broker Dear Sir/Madam Investing […]

I was thinking to post some charts today. I gave up the idea. I read some blogs, and it is interesting to see one thing in common. Quite a few Futures, Stocks and Currency traders were having a tough week. Uhm… So, here again I am putting up this old post by Trader-X. Chasing success. […]

Ok, I was too busy enjoying dinner at a nice Korean restaurant in Melbourne downtown, and watching Australian Open. Ah..Andy Roddick is out! :o: So, No trade again, on Friday. Anyway, I had a tough week, so I chose to stay away from market for awhile. I exited a swing trade position AUD/USD last week. […]

Here is the trading secret: ‘Never chase a trade’… enough ? 🙂 GBP/CHF and USD/CHF were in my watch list today. However, the market decided to run away without me. So no trade for Thursday. Well, It is not a bad thing. It is always good to give myself some time to cool down after […]

Uhm..before I forget again, here is your favorite trading secret ‘Always respect your stop’. …cool? 🙂 Darn! It was a tough Wednesday for me. I shorted GBP/JPY and EUR/CHF. They moved nicely initially , but stop me out around opening of U.S session. So, two losing trades, -2R. Forget it. Anyway, YEN is providing some […]