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Chart of interest: AUD/USD & USD/CAD end 03-Aug-2007

by Gav Leave a Comment

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 least for now. (You’ll never know, I might go short tomorrow ๐Ÿ˜‰ )

[photopress:audusd_daily03aug2007.gif,full,alignleft]

Here we go. How about some Looneys? I am tempted to go short. What do you think? Let’s see how it goes.

[photopress:usdcad_daily03aug2007.gif,full,alignleft]

Filed Under: Trading Journal Tagged With: FX, Trading Journal

Reader Interactions

Comments

  1. Dennis says

    at 9:44 am

    Yo BK,

    I am glad that you have settled well in Melbourne and back to trading. ๐Ÿ™‚

    The stock market has took a roller coaster ride DOWN. Looks like the bear has finally taken over the bull after more than 4 years.

    Got my own trading blog @ learn2win.blogspot.com.

    See ya!

    Reply
  2. Dennis says

    at 7:44 pm

    Yo BK,

    I am glad that you have settled well in Melbourne and back to trading. ๐Ÿ™‚

    The stock market has took a roller coaster ride DOWN. Looks like the bear has finally taken over the bull after more than 4 years.

    Got my own trading blog @ learn2win.blogspot.com.

    See ya!

    Reply
  3. jest1081 says

    at 1:02 am

    Hey,

    Nice Aussie trade you made last week. Im still short on the loonie but we have a noteworthy pin bar on the monthly. A possible trigger for retracement, but overall im with you on bearish sentiments with the dollar.

    Reply
  4. jest1081 says

    at 11:02 am

    Hey,

    Nice Aussie trade you made last week. Im still short on the loonie but we have a noteworthy pin bar on the monthly. A possible trigger for retracement, but overall im with you on bearish sentiments with the dollar.

    Reply
  5. Gav says

    at 1:30 am

    Hey jest,
    Nice to hear from you again. I am waiting for opportunity to establish short position on looney now. Let’s see how it goes.

    Good luck.

    Reply
  6. Gav says

    at 11:30 am

    Hey jest,
    Nice to hear from you again. I am waiting for opportunity to establish short position on looney now. Let’s see how it goes.

    Good luck.

    Reply

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