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 you think? (click to view full chart)
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.
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.
Here is my result:
[gview file=”https://tradergav.com/wp-content/Photos/2010/01/Detailed-Trader-Report.pdf”]
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.
Here is the chart I am watching closely. Is it going to break down soon? What do you think? Anyway, beware of a series of SNB announcements scheduled this week.
