I decided to have a look at EUR/GBP as my friend, Jay , the lonely trader is looking at short side. I have a different opinion this time (Anyway, we might be looking at different time frame). In fact, I am looking at potential long trade. I feel there might be another run of bull. […]
Trading Journal
Is it time now? AUD/USD….uhm…..
It is end of March. Sky above Melbourne Australia is kinda grey-ish. Rainy autumn days. Does it set up the mood to short some Aussie dollar? :o: .. Unintentionally, I have been trading AUD/USD for quite sometime. Maybe it is because, it is now my home currency, or maybe it is just because commodities currencies […]
Wednesday’s currency trade
[photopress:eurgbp26march2008.gif,full,1] Does this chart look like the one that appears in trading course advertisement? “Ok, here is the secret to profit from forex trading, use my system to predict the explosive move!” 🙂 LOL.. Nah. this is just one of the trades I made today. I found the chart to be eye-catching. Concentrating in making […]
Aussie dollar…uhm..ugly..very ugly
You can blame the volatility since last week. Whatever you wanna blame. Go ahead. Price action of Aussie dollar (AUDUSD) is ugly. It is not ‘healthy’ in my definition. Anyway, I have no position now. Yup, I hesitate to go short as well. Everything is just…messy. There might still be a little bit more downside […]
Is the party over?
Ouch! Look at Aussie dollar we are back to 0.92 region again. It only takes a day of action to give up our early gain. Not a pretty chart, but looks interesting. 😆 I guess I need to wait for a little longer to see the parity ‘dream’ comes true. 🙂 Here is the….CHART! Cool […]
The strength of Yen
We have stronger Yen across the board last week. (That’s also the mistake I made by neglecting it last week.) Anyway, what I have in the box now is, not to go against Yen at the moment. I have a look at YEN futures. What a strong presentation. Clearly, I do not have any medium […]
