OK, I established short position of USDJPY. I don’t have energy to write up a full analysis. Basically, my strategy calls it a short, so I go short. Let’s see how it works out. Here is the statistics [photopress:usdjpy_trend.jpg,full,1] About this tool and here is the …..CHART! [photopress:usdjpy.gif,full,1]
Trading Journal
Some random thought..
It is almost end of Spring in Australia, but , as usual, we have the luxury of enjoying 16-ish degree Celsius in Melbourne most of the time. I always think Melbourne is a great place for trader, it just keeps you cool most of the time :). I am sitting in front of my workstation […]
Asians’ love of Aussie dollar
It has been a very busy and wonderful two-week. After seeing off my families back to Malaysia, I am back to my trading desk. I hope to start some tradings soon. It is very interesting to know how the retail business people from south east asia (particularly from Indonesia, Malaysia and Singapore) view Australia dollar. […]
USD performance over the past 30 days
H/T to Kathy Lien Other than Chinese Yuan and Japanese Yen, almost all currencies are beaten by the rising Dollar. [photopress:ftusd.jpg,full,1]
Banking explained–In the layman’s term
I received an email from a lady who is working in a bank. Pretty interesting explanation of current market condition though. If anyone has difficulty understanding the current world financial situation and shoring up the banks, the following may help…. Once upon a time in a village, a man announced to the villagers that he […]
Commodity Pain
Here is another chart of a hell. Rogers International Commodity index shows a pretty clear picture of commodities markets at the moment. Bear in mind, crude oil weights 21% while Gold weights 3% in this index. [photopress:RogersIntCommodity.jpg,full,1]
