Here is the trade I would like to share today. After observing USDCHF hanging around yesterday’s low throughout Asian session, and ‘seemingly’ forming short term bottom. I thought it was worth trying out a long trade. I went long $USDCHF. 2 profit targets was achieved and trailing stop was, unfortunately, triggered. Here is the chart.
Trading Journal
Trade of the day 2-June-2010:$GBPUSD short
I thought I would choose a good trade a day (if there’s any) to post here. Maybe some of my 12 readers might find it to be useful. I shorted GBPUSD during early European session when cable failed to exceed yesterday’s high. My entry was not ideal, it was a little bit late. The trade […]
New look, new start..hopefully
After sticking to the same layout design for almost 2 years, I have decided to pull the plug to have a total makeover. Here we go. And, Yes, I know I have been slow in blogging as well. Over the past year, I have been busy with my family, job, and I am now a […]
$USDJPY 31-May-2010
The last GBPUSD trade did not work out as plan. I did cash in some pips at the initial bounce of 1.45, but after that the market just went wild. Here is what I am looking at now. $USDJPY. I did not go in on Friday, I was not convinced with the action. I am […]
Doing some cable work…$GBPUSD
This is what I am looking at. Cable has been in consolidation since 17-May-2010. I am bearish. I am at short side at the moment. Playing on the bounce of upper range and downside breakout if it happens. Here is the …. CHART!
$AUDUSD.. the ditched, the dumped..
I have been watching the selling of AUDUSD. No position at the moment. We are now roughly at the 38% retracement, 82 cents zone. Let’s see if it is supported here, or maybe we will be looking at 0.78 level, which is also 50% retracement in daily chart. I am looking at every opportunity to […]
