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 […]

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. […]

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 […]

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 […]

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 […]

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 […]