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Gav's trading blog - Perseverance, Consistency, Confidence

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Blog and Rants

Malaysia on Wallstrip

by Gav Leave a Comment

Where the F* is Malaysia? Wake up, Mr. American ๐Ÿ™‚ You’ve missed out one of the most beautiful country on the earth. And…we speak English TOO, buddy. Wallstrip has a nice introduction on iShares MSCI Malaysia Index, interesting. Sounds good to me, I am going to do some studies.

Filed Under: Rant Tagged With: fun

Forex trade du jour & review

by Gav Leave a Comment

When will I ever correct my bad habit of exiting a trade too early? Fool. I made two trades today. Aussie started to bounce. A nice one, while looney started to tank again. Another nice one. I managed to grab some profit from short position of USD/CAD, +0.65 R, while break even from Aussie dollar.

Two good entries, but two bad exits. Oh well…what the hell were you thinking, Mr. Gavin?

[photopress:ShortLooney06Aug2007.GIF,full,alignleft]

[photopress:LongAussie06Aug2007.JPG,full,alignleft]

Filed Under: Trading Journal Tagged With: FX, Trading Journal

Chart of interest: AUD/USD & USD/CAD end 03-Aug-2007

by Gav Leave a Comment

I thought it was going down, but it did not.

I thought it was going to bounce, yet it did not.

That’s my comment for Aussie dollar. I do not initiate position just yet. I would prefer to watch the price action a little bit longer. Overall, I am positive on Aussie dollar trend, at least for now. (You’ll never know, I might go short tomorrow ๐Ÿ˜‰ )

[photopress:audusd_daily03aug2007.gif,full,alignleft]

Here we go. How about some Looneys? I am tempted to go short. What do you think? Let’s see how it goes.

[photopress:usdcad_daily03aug2007.gif,full,alignleft]

Filed Under: Trading Journal Tagged With: FX, Trading Journal

The 9-year-old joins Man Utd

by Gav Leave a Comment

This is the brisbane boy who has just joined Manchester United football academy.

The boy’s dribbling and goalscoring prowess for an Under-10 side in Brisbane, Australia, feature in a four-minute YouTube clip, already viewed more than 800,000 times

Filed Under: news

Forex trade du jour & review

by Gav 6 Comments

Sounds familiar? yeah, I am copying Maoxian’s Stock du jour and random observations idea. I thought I will just post one or two trades of my Forex trades for the day and give some comments.

Ok, today I am being ‘Un-Australian’. I shorted AUD/USD in the early Melbourne morning ๐Ÿ˜‰ I was looking at daily chart where Aussie failed to do too much rebound. Switching to hourly chart, and some simple dummy patterns seemed to be forming. Here is my trade today. Nothing fancy, just +1.2 R gain.

[photopress:01Aug2007_Short_Aussie.JPG,full,alignleft]

To suit my time zone and style, a couple of pairs that are currently in my trading basket. AUD/USD, GBP/JPY, EUR/JPY, and USD/JPY. It is pretty obvious, I am focusing on Aussie and Yen pairs. There are some market movers for Yen pairs, so, in fact, there were dummy trading opportunities in most of Yen pairs today.

This is just the start. Kinda experimental. Well, at least, I start trading again. ๐Ÿ™‚

Filed Under: Trading Journal Tagged With: FX, Trading Journal

Oh…that’s not nice, father

by Gav Leave a Comment

This video clip was on the news yesterday. It was uploaded to Youtube a year ago. Interesting. Let’s count how many F words came out from the mouth of this priest. And, did you notice the racist comment? ‘ You don’t belong in Australia’, ‘ Get back to where you came from, you ..Sfool’ uhm…ugly. Well, the church apologized. uhm…still it is still ugly.

Filed Under: news

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