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Worries in Aussie?

by Gav 5 Comments

Is Australia heading to recession? Some said next 3 months are crucial… Think of it like this: we are in a car that has been braking sharply as a result of higher interest rates, higher petrol prices, diminishing household wealth and fear of what might lie ahead. Now the car has slowed sharply, the question […]

Filed Under: Links, news Tagged With: AUDUSD, FX, Gold, Trading Journal

We are the Champions, We are Manchester United

by Gav Leave a Comment

Look at this! You know we are Manchester United. You know We are the Champion of UEFA Champions League! [photopress:ManchesterChampion_1.jpg,full,1] [photopress:manutd.jpg,full,1]

Filed Under: news Tagged With: soccer, Trading Psychology

It is time now…let’s offer some helps

by Gav Leave a Comment

I just finished my Sunday night scanning. Nothing popped out. So, no tips or junk idea at the moment. The purpose of this post is to offer some helps. It is time for us to offer some help to the victims of recent China Earthquake. Here are some organization for donation Oxfam Australia International Crisis […]

Filed Under: Links, news Tagged With: donation

Link: Brokers monitoring your pattern of trade

by Gav Leave a Comment

I found this post on Forexfactory today. Pretty useful post to explain how retail forex brokers manage their order flow. Before complaining about retail forex broker or spot forex market etc , read this article and understand how it works. Pattern of Trade. You create a pattern of trade each day that is easy to […]

Filed Under: Links, news Tagged With: news

When you are trading a BIG R

by Gav Leave a Comment

These are news from mainland China. One of the hottest equity market under the sun. The recent breaking down of Shanghai stock index, below 4000 level gives china traders/investors/punters whatever you wanna call a wake up call. Here is the result when you are trading a big R that beyond your capability. A 70-year-old man […]

Filed Under: news, Trading Lessons Tagged With: news

Yet, another rogue trader..another good old story

by Gav Leave a Comment

I might be a little bit too slow on this, I just received an email from MF Global talking about the loss caused by one of their trader in U.S. Here is the news from my ‘googling’. MF Global Hires Risk Consultant after Rogue Trader Loses $145.5 million Brokerage MF Global has hired external risk […]

Filed Under: news, Trading Lessons Tagged With: news

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