I am a TV guy. One of the most nonsense show I have ever watched is Age of Love. You see gorgeous ladies in their 20s and 40s fighting each other, crying, acting desperately just for this tennis player. The ladies and the man are beautiful, but the show is absolutely ugly and stupid. Well, maybe there are great entertainment values, but, it is absolutely a nonsense.
One comment: STUPID.
Not a great day for me. Extremely busy working day and my profitable long position of Aussie and short position of loonies are stopped out. Oh well, if only I can monitor the position closer, I would have a better exit. I am flat or maybe slightly down for the week.
Finally we see a breakout of Aussie dollar. I was long since yesterday, but was stopped out. I entered another long position today after the release of the much expected interest rate raise.
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I went short on USD/CAD since yesterday and held overnight. Though both Aussie and looney trades are winning trades, I grade my own performance rather poor. I lost my patience to hold on winner. (Good old problem again). The fear of losing profit affects my performance and limits my profit. This is something that needs to be overcome.
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Where the F* is Malaysia? Wake up, Mr. American 🙂 You’ve missed out one of the most beautiful country on the earth. And…we speak English TOO, buddy. Wallstrip has a nice introduction on iShares MSCI Malaysia Index, interesting. Sounds good to me, I am going to do some studies.
When will I ever correct my bad habit of exiting a trade too early? Fool. I made two trades today. Aussie started to bounce. A nice one, while looney started to tank again. Another nice one. I managed to grab some profit from short position of USD/CAD, +0.65 R, while break even from Aussie dollar.
Two good entries, but two bad exits. Oh well…what the hell were you thinking, Mr. Gavin?
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I thought it was going down, but it did not.
I thought it was going to bounce, yet it did not.
That’s my comment for Aussie dollar. I do not initiate position just yet. I would prefer to watch the price action a little bit longer. Overall, I am positive on Aussie dollar trend, at least for now. (You’ll never know, I might go short tomorrow 😉 )
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Here we go. How about some Looneys? I am tempted to go short. What do you think? Let’s see how it goes.
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