I have a dream…I dream of Dollar rallying against yen. So I decided to long $USDJPY…. 😆 This is a swing trade idea. I see USDJPY approaching support area in daily and 4 hourly time frame, and it forms a long setup for me. I am watching closely, in fact, my long orders are waiting […]
About managing trades
I came across Tim Morge’s articles on MoneyShow.com which he talked about how successful traders manage their trades. Though he quoted median line trades in the articles, he did point out some important tips for trade management. I thought it might be helpful for my readers as well. Check it out. The clearest thoughts you’ll […]
Trade in progress : Long GBPUSD
Here is the trade I mentioned in Twitter this morning. I am Long GBPUSD. This is a short term trade which tries to capitalize from the positive divergence of indicators observed. Targeting around 1.6310. Let’s see how it works out. Here is the ….. CHART!
Lonely trader on the tape
Look! I told you there are good stuff in Traders Interview. The one and only Lonely trader, Jay, was recently interviewed. Check out my freaky friend’s interview, I am pretty sure you will be learning something from him. Check it out
Trading Idea: SHORT EURUSD 30 June 2009
Long story short. I see EURUSD reaches resistance area, and forms a nice short setup for me. So, I am going SHORT. Here is the …. CHART!
Update 30-June-2009
I have been really busy and exhausted outside my trading life. There are ideas coming into my mind but I just do not have enough time and energy to write it down/blog it down. After USDCAD trade (which was stopped at breakeven), no new position was added. Market is playing the game of patience with […]
