Not a great day. I took 4 long trades in AUD/USD, EUR/USD, NZD/USD and CAD/JPY.  End the day with -0.75 R loss. In fact, at the point of writing, I saw another long opportunity of Aussie dollar, but I decided to call it a day. I see a tendency of over trade today.

After reading an interview of Toni Hansen at stocktickr’s blog. I start keeping detailed journal again. Yup, I admit I have been sluggish in this area. Most of the time, I am just keeping an excel spreadsheet for all my trades with little comment.  Now I am pulling out charts of my trades and give a little more descriptive comments for each trade.

I will be doing some Aussie stocks swing trade preparation again over the weekend.

Have a good weekend everyone.

I am sipping my ginger tea now. Well, I am not very happy with my own performance today. Partly because I am having very bad flu. The runny nose has been disturbing the whole day. I missed out NZD/USD trade. In the end, no Forex trade for the day. Boo…. I closed my trading screen. The more I watch the market, the more I feel annoyed now.

I closed my two stocks swing trade positions in profit today. Yup, my very first 2 trades in Australian stocks market. No big deal, I traded very small position (it was a mistake, it was just too small, even for experimental trades), commission ate up part of my profit. 😐

End the day with +2.43 R profit. Hello Australia, Trader Gav is here.

Good night, from Melbourne.

I missed the small rally during U.S session since I had an early night trying to cure my flu. Yesterday was a slow day, after the rate cut announcement spike. I got in long positions of AUD/USD, AUD/JPY, and EUR/JPY during Asian session and exited during U.K session . I exited EUR/JPY with 0.35 R loss since it was going nowhere most of the time. Not too excited, end the day with +1.2 R.

It looks like bearish USD trend is to be continued,well, at least the analysts and blogs are saying so. I am more interested to find a good entry point to join in the trend, any trend. Now the latest debate, will Aussie follow to a rate cut? uhm….

The destructive movement during Asian session prompted me to exit my long positions. I closed all Aussie positions with small profits as mentioned in my twitter feed. I am still positive about Aussie dollar pair though. I do not want to establish any short term position now, it is just gamble. I’d prefer to let the market settle with the stupid fed interest rate announcement.

Market shall tell me where does it want to go later. Let’s wait.

Update: Well done Ben, cheers. A .5 cut is good enough to move the markets. Watching for opportunity again. Well, maybe not so soon, the candles are just too big at the moment.

It has been a nice week for Aussie dollar pair, and it closed the week well above 50-day moving average. Yes, I am still positive about Aussie, and still holding long position. In fact, I have increased my holding last week while cutting down losing position of USD/JPY.

[photopress:audusd_daily15sep2007.gif,full,alignleft]

Another chart that caught my interest is EUR/JPY.The pair managed to close above previous high, above down trend line and , also closed above 50-day moving average.

[photopress:eurjpy_daily15sep2007.gif,full,alignleft]

Here are my open positions now:

• Long AUD/USD, Entry: 0.8285
• Long AUD/USD, Entry: 0.8291
• Long USD/JPY, Entry: 115.88 (cut 40% of initial position size)
• Long USD/SGD, Entry: 1.5267

I had also made a couple of day trades on AUD/JPY and NZD/USD this week. So far, trading equity grows +5% this month.

I hope everyone had a great week.

It has been an interesting trading week for me. I traded actively throughout the week, in both Australian stocks and Forex.

After spending some time and $$ for data and broker selection and funding, I am ready to start the real work. It is interesting to figure out the way Australian stocks market works. Comparing to Singaporean stocks market, Aussie market is bigger in size and variety. I have a couple of open positions now.

Forex. I start to love the game more and feel I am getting synchronized with this massive market now. I trimmed down my losing position of USD/JPY, and beef up my Aussie positions for my medium term portfolio. And I made a couple of day trades this week with some Rs profit. Not too much, but good enough for weekend’s dinners and a little bit of shopping.

I miss futures trading, but that’s something that I can’t do now. So for the time being, Forex and stocks (swing trade) are my play ground (or battle field ?)

I did some bad journaling. This weekend’s work will be getting the journal organized.