[tab:Setup] I was scalping some shorts at the end of U.S session, and decided to scrapped the trade with over 10 pips profit. It looks to me, cable might be preparing for another up leg. Well, it might be too early to make the call, I would prefer to stay away from any shorting idea […]
Trading Journal
$GBPUSD 03 February 2012
Here is the cable chart to update my last post. $GBPUSD forced through the resistance level, pulled back, and headed higher. It reacted at the problematic level, and the next Long target will be around 1.6040 if it decided to go further. Let’s see how it goes. Here is the …. CHART!
$GBPUSD 25 January 2012
Here is the chart of cable with the levels I am watching. For the time being, I am looking at potential short near the level.
$AUDUSD 18 Jan 2012
I see two possible scenarios for $AUDUSD. I like the fact that it broke through the resistance yesterday, potentially complete the ABCD movement. However, looking at the daily chart, the latest candle/pin bar (if it means anything to you at all!) looks a little bearish now. Let’s see how it goes. Here is the ….. […]
Dollar Index ($USDX) 06 Jan 2012
I was looking at Dollar index ahead of Friday’s NFP. Are we looking at another leg up? Here is the …. CHART!!
$AUDUSD 01 December 2011
Decision, Decision. $AUDUSD made its way to 1.03 at the last trading day of November. Looking at the chart, we are now at the decision point. No, I am not calling a short like a mad cow now. Let’s see how it goes. Here is the….. CHART!!!
