I traded NZD/USD in the morning which had a nice run during Sydney session. But I saw profit eroded one hour after Japan session opened. End the day with -1 R. Nothing much for the day. I spent a couple of hours fixing my internet connection in the evening time (which was caused by my […]
Active Value Investing
I received a new book Active Value Investing: Making Money in Range-Bound Markets (Wiley Finance) from Vitaliy today. He is kind enough to give me the opportunity to read and review his latest work. As a matter of fact, I am very keen to read this book, though it is quite a bit different from […]
Monday’s Trading
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 […]
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 […]
