TraderGav.com

Gav's trading blog - Perseverance, Consistency, Confidence

Gav

Bargain to share…

by Leave a Comment

My frequent readers know I am using Market Club tools (trend analysis, data, charts, news, trading videos etc) in my trading, example here and here. I am glad to know that Market Club is now running a 3-day promotion which offers new subscribers 2 free months to see the tools that helps me in my trading. It is certainly worth to check it out.

In addition, INO TV premium is adding dozens of top experts videos.  Have a look.

These are good tools, and I am using them, and I am recommending to my readers now.

Some holiday updates

by Leave a Comment

This  year’s Christmas/New Year break, we choose to stay in Melbourne, relaxed and “do nothing”. 🙂  No traveling, no vacation.

So, here is to show you what I have done for the past week. I spent some time coding and testing my system. Well, basically, I am not a big fan of back testing , I was just playing around my programming skills, to prove I am still good enough to code some programs 😆 . This is the system I am trading day in and day out, so I know it works, even without the dumb ass back testing.  It definitely makes my life a lot easier after program it to generate automated trading signal. Now even my wife can put in the orders for me…:)

So, the name of the system? ‘Really Dumb Trend Catch’ system. Here is an example of EURGBP trade before Christmas.

eg_h4

I’ve also coded an EA (Expert Advisor) in Metatrader. Well, I do not intend to go for automated trading just yet. Just having fun writing some codes. I found programming keeps my brain sharp.  I have been doing research and reading about automated trading, particularly in currencies trading area. Probably, I will write up something later on.

Holidays continue……

Happy Holidays

by Leave a Comment

569

To my all my 1213 readers, I wish you and your families a blessed Christmas and a very happy new year.  Some say 2009 will be tough, let’s put it this way, 2009 will be a challenging year. That will be an exciting and fun play ground for currencies traders.  Have good break, and recharged. We’ll meet in 2009.

Here is to a profitable and great year ahead.

2008, a year to forget, yet a year to remember

by Leave a Comment

It’s been a year to forget. With only two work-weeks left in 2008, the dollar’s year-to-date changes range from drops of 20% against the yen and 2.5% against the Swiss franc to gains of 5% against the euro, 23% against the Canadian dollar, 28% against the Australian dollar and 33% against sterling. Ten-year bond yields are down by 191 basis points in the U.S., 139 bps in Britain, 132 bps in Germany, and 28 bps in Japan. Among major equity indices, accrued losses amount to at least 34% for the Dow, Ftse, Dax, and Nikkei with the latter two down by 41.8% and 43.9%.

Quote from Currencythoughts.com

At least, I “witnessed” and “experienced” the meltdown. 😆 I thought it is really a year to remember.

Posts worth reading

by Leave a Comment

I haven’t been posting links for long. I was just too lazy, as always 🙂

Anyway,  here are some writings in which I think it is worth reading.

That’s it!  Have a good weekend!

Out of market

by Leave a Comment

I am out from market now. Well , in case you wanna know.. I was in the market since yesterday.
GBPUSD long position was stopped out before it rallied. And I was away from my workstation. oh well, it happens.

AUDUSD was flying. It feels really good to wake up in the morning with 300 pips profit in your trading account. 😆

Here is the ….CHART! It is for showing off purposes. 😆
audusd1hr_17december2008

Nothing much. Waited for price to squeeze, speculate the bloody rate cut. Boom. Then manage trailing stop, then , profit target hit…then…that’s it.