Here is the trade I would like to share today. After observing USDCHF hanging around yesterday’s low throughout Asian session, and ‘seemingly’ forming short term bottom. I thought it was worth trying out a long trade. I went long $USDCHF. 2 profit targets was achieved and trailing stop was, unfortunately, triggered. Here is the chart.
Trade of the day 2-June-2010:$GBPUSD short
I thought I would choose a good trade a day (if there’s any) to post here. Maybe some of my 12 readers might find it to be useful. I shorted GBPUSD during early European session when cable failed to exceed yesterday’s high. My entry was not ideal, it was a little bit late. The trade […]
Why and How to Use and Determine Stops by Linda Raschke
Here is another video clip of Linda Raschke. This time, she talks about Why & How to use and determine stops. Since today 31st May is observed as bank holiday in both London and U.S. I’d rather spend some time watching the video instead of the thin volume market. Here we go, enjoy.
Plan your trades, learn the essentials by Linda Raschke
Here is a video clip of Linda Raschke’s seminar. I thought it is good to refresh your mind. Same old trading wisdom, but do you practice it in your trading?
New look, new start..hopefully
After sticking to the same layout design for almost 2 years, I have decided to pull the plug to have a total makeover. Here we go. And, Yes, I know I have been slow in blogging as well. Over the past year, I have been busy with my family, job, and I am now a […]
$USDJPY 31-May-2010
The last GBPUSD trade did not work out as plan. I did cash in some pips at the initial bounce of 1.45, but after that the market just went wild. Here is what I am looking at now. $USDJPY. I did not go in on Friday, I was not convinced with the action. I am […]
