[photopress:eurgbp26march2008.gif,full,1] Does this chart look like the one that appears in trading course advertisement? “Ok, here is the secret to profit from forex trading, use my system to predict the explosive move!” 🙂 LOL.. Nah. this is just one of the trades I made today. I found the chart to be eye-catching. Concentrating in making […]
Blog and Rants
Link: Brokers monitoring your pattern of trade
I found this post on Forexfactory today. Pretty useful post to explain how retail forex brokers manage their order flow. Before complaining about retail forex broker or spot forex market etc , read this article and understand how it works. Pattern of Trade. You create a pattern of trade each day that is easy to […]
Aussie dollar…uhm..ugly..very ugly
You can blame the volatility since last week. Whatever you wanna blame. Go ahead. Price action of Aussie dollar (AUDUSD) is ugly. It is not ‘healthy’ in my definition. Anyway, I have no position now. Yup, I hesitate to go short as well. Everything is just…messy. There might still be a little bit more downside […]
Is the party over?
Ouch! Look at Aussie dollar we are back to 0.92 region again. It only takes a day of action to give up our early gain. Not a pretty chart, but looks interesting. 😆 I guess I need to wait for a little longer to see the parity ‘dream’ comes true. 🙂 Here is the….CHART! Cool […]
The strength of Yen
We have stronger Yen across the board last week. (That’s also the mistake I made by neglecting it last week.) Anyway, what I have in the box now is, not to go against Yen at the moment. I have a look at YEN futures. What a strong presentation. Clearly, I do not have any medium […]
When you are trading a BIG R
These are news from mainland China. One of the hottest equity market under the sun. The recent breaking down of Shanghai stock index, below 4000 level gives china traders/investors/punters whatever you wanna call a wake up call. Here is the result when you are trading a big R that beyond your capability. A 70-year-old man […]
