Finally we see a breakout of Aussie dollar. I was long since yesterday, but was stopped out. I entered another long position today after the release of the much expected interest rate raise. [photopress:Aussie08aug2007.PNG,full,alignleft] I went short on USD/CAD since yesterday and held overnight. Though both Aussie and looney trades are winning trades, I grade […]

When will I ever correct my bad habit of exiting a trade too early? Fool. I made two trades today. Aussie started to bounce. A nice one, while looney started to tank again. Another nice one. I managed to grab some profit from short position of USD/CAD, +0.65 R, while break even from Aussie dollar. […]

I thought it was going down, but it did not. I thought it was going to bounce, yet it did not. That’s my comment for Aussie dollar. I do not initiate position just yet. I would prefer to watch the price action a little bit longer. Overall, I am positive on Aussie dollar trend, at […]

Sounds familiar? yeah, I am copying Maoxian’s Stock du jour and random observations idea. I thought I will just post one or two trades of my Forex trades for the day and give some comments. Ok, today I am being ‘Un-Australian’. I shorted AUD/USD in the early Melbourne morning 😉 I was looking at daily […]

No comment at the moment, just watching Aussie development for the coming week. [photopress:audusd_daily27jul2007.gif,full,alignleft]