Are we looking at something big here? I am not keen in shorting cable at the moment.
What do you think?
Reds coach Tony Strudwick explains how quick decisions and anticipation distinguishes the top players. Learn to react before plays develop.
Can you relate this to your trading?
Enjoy!
Just a little experiment. I have created a Facebook Fan page for TraderGav.com. I thought it is a good venue to post some real time trading thoughts, interesting links, thoughts etc. Check it out if you are interested in joining the conversation. You can also find the Like box at the side bar of this site.
Trade well, and see you there
This is going to take some time. I am still interested in staying at the short side of $EURUSD, $GBPUSD, $AUDUSD, $NZDUSD etc…Basically I expect Dollar to get a little stronger. However, I am sitting on my cash now to wait for the moment to pull the trigger. Patience is required here. Well, I might just miss out the big movement from here,if market chooses to start selling off right now.. let’s see.
Anyway, here is the snapshot of my workstation back in Melbourne, Australia. I had been trading from my good old DELL laptop during my traveling time in Asia. It feels so great to be back. In addition, it is challenging but fun to have a 8-month-old boy at home while I am trading. Basically, I need to wake up in the early morning, around 5am (which is the closing time of U.S session) to finish my study and trade preparation before the little man start to wreak havoc. 🙂
Trade well.
Here is the daily chart of Dollar index (DX). Do you see something interesting here? To me, I am not looking for selling of Dollar at the moment.
Chart generated by MarketClub tool. Try it now.