I am actually looking for long signal. Yes, I am waiting to go long. We are waiting to see how does RBA react now. Do they still think that the stimulus package is going to do any good? Well , it is understandable why were they so confident about the stimulus package. During the Asian […]
AUDUSD
One Aussie trade
Here we go. Another trade by IHF (read: I Hate Forex) system. AUDUSD short trade was triggered during Tuesday morning london session. Final profit target was hit, since I bailed it out at 0.65 level. Another nice shot, nice short. +111 pips. Here is the chart to inspire you. Making good trade is good for […]
Out of market
I am out from market now. Well , in case you wanna know.. I was in the market since yesterday. GBPUSD long position was stopped out before it rallied. And I was away from my workstation. oh well, it happens. AUDUSD was flying. It feels really good to wake up in the morning with 300 […]
In the market
In case you wanna know, I am in the market right now. Long AUDUSD, Long GBPUSD. Speculating on the rate cut from Federal reserve. Small position though. Go go go
Asians’ love of Aussie dollar
It has been a very busy and wonderful two-week. After seeing off my families back to Malaysia, I am back to my trading desk. I hope to start some tradings soon. It is very interesting to know how the retail business people from south east asia (particularly from Indonesia, Malaysia and Singapore) view Australia dollar. […]
“Chart view” of Australia
[photopress:aussie_monthly.gif,full,1] We know Australian dollar is losing its ground recently. It is, in fact, the worst-performed currency in Asia Pacific for year 2008. (It reminds me, it used to be the top performer not long ago 😆 ) I had a look at monthly chart to have a view and feel how bad is the […]