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 […]
Trading Journal
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?
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.
Chart of the moment $USDCHF 10-DEC-2009
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.
