Blog and Rants

I have been watching USDJPY. For short term trading purposes, I am looking at potential short opportunity above 93 cents. Of course, it might start to retrace before 93….Anyway, I am looking at another leg to move up to 93 now.

I don’t normally post detailed result of my trades. I just thought this chart is a beauty. Referring to the previous post for the short setup of NZDJPY. Target was hit. 63.05. And, maybe, this trade shows a little effort to plan your trade will reward you. Here is the charts.

NZDJPY held 63 level well, and made a good run to mid 64 level.  I reviewed my analysis, and now I am keen to look at short opportunity at current level.  I am going in to test the resistance zone. Let’s see. Here is the 4-hour chart

I am still here. But I was on the pathetic 3G wireless mobile broadband. I was not able to do too much with the inconsistency of speed, and frequent connection drops . The only things I could do were browsing Facebook and sometimes, twittering. My charts were lagging. Ticking whenever it liked to. And I […]

I was trying to look for trading opportunity in AUDUSD chart. Instead, NZDJPY caught my eyes. We are heading to a 3rd test of 60 area. I thought all eyes are on this level. Err…is that a triangle pattern? Hmm..Not sure. But I am still interested in testing the support at 59-60 area. Let’ see. […]

I received a couple of tweets asking about AUDNZD. The question is summarized : Is it UP or Down? or Bullish or Bearish? As usual, I don’t answer this type of question. If you have been trading for sometime, you know why I do not answer these questions. Have a look at AUDNZD daily chart, […]