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Forex trade du jour & review

by Gav 6 Comments

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 ๐Ÿ˜‰ I was looking at daily chart where Aussie failed to do too much rebound. Switching to hourly chart, and some simple dummy patterns seemed to be forming. Here is my trade today. Nothing fancy, just +1.2 R gain.

[photopress:01Aug2007_Short_Aussie.JPG,full,alignleft]

To suit my time zone and style, a couple of pairs that are currently in my trading basket. AUD/USD, GBP/JPY, EUR/JPY, and USD/JPY. It is pretty obvious, I am focusing on Aussie and Yen pairs. There are some market movers for Yen pairs, so, in fact, there were dummy trading opportunities in most of Yen pairs today.

This is just the start. Kinda experimental. Well, at least, I start trading again. ๐Ÿ™‚

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

Reader Interactions

Comments

  1. Eyal says

    at 12:52 pm

    Welcome back to trading! And with a nice start too. Sounds like a good idea to try to fit some trading around your schedule. Gotta keep those trading muscles in shape ๐Ÿ™‚

    Reply
  2. Eyal says

    at 10:52 pm

    Welcome back to trading! And with a nice start too. Sounds like a good idea to try to fit some trading around your schedule. Gotta keep those trading muscles in shape ๐Ÿ™‚

    Reply
  3. Gav says

    at 2:13 am

    Thanks eyal. Yeah, It is great to start trading again. Let’s see how it goes.

    Reply
  4. Gav says

    at 12:13 pm

    Thanks eyal. Yeah, It is great to start trading again. Let’s see how it goes.

    Reply
  5. john says

    at 11:40 am

    nice job

    Reply
  6. john says

    at 9:40 pm

    nice job

    Reply

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My Name is Gav.
I am a Father, Husband, Trader, And Blogger. A serious coffee addict. I started training since 2005, mainly on FX and Futures.

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