We have a better than expected unemployment rate in Australia. However, I am not sure if I should be so bullish about AUDUSD. Have a look at daily and 4-hour charts, we have some pretty heavy barriers in front of us now. I am considering going in with some small short positions later. What do […]
Blog and Rants
Update $EURJPY: Are we back to support?
We had a nice sell off at the resistance level. Now, things are getting more interesting. EURJPY has fallen back to previous support area. Let’s see if we can catch some bounces here. What do you think? Here is the 4-hr chart.
$EURJPY under pressure?
It looks a little bit heavy for EURJPY in both daily and 4-hour charts. I am flat now. And I might go in with some small short positions later to test water. What do you think?
Video: Who moved my cheese?
Update [12 Jan 2010]: Apparently, the video has violated some copyrights issues and has been removed. Anyway, check out the book, it is definitely well worth the time. …………………………………….. [Original post] I read the book years back. A simple story but reveals profound truths about change. It applies to life and, of course, trading. “It […]
Tharp Trader Test
I recall I posted this test sometime ago, I thought it might be useful for new readers of this blog. Dr. Van Tharp designed a short online test to introduce trader to some of the issues that might affect his/her trading. Anyway, no harm give it a shot. Tharp Trader Test Here is my result: […]
Happy New Year
To all readers of TraderGav.com, wishing you a blessed and profitable 2010! And it is time to think about your new year resolutions if you haven’t done so.
