I was stopped out by a couple of trades this week. But, to maintain my Guru snake oil sales man status, I am not going to post charts of my losing trades here. ๐ , remember, snake oil salesman never shows you losing trades. ๐ Come on, just a bunch of charts that were stopped. […]
Forex Blogroll
Is it time now?…GBPUSD..uhm…
Last Thursday, we saw a sudden rally of GBPUSD, and we are now testing 2.0 handle. For trading purpose, I am looking at the possibility of riding the short term trend to around 2.02-ish level. Simple trend line breaking setup. Let’s see how it goes. Here is the….. CHART! [photopress:gbpusd20april2008_1.gif,full,1] Here is the ….Trend score. […]
One Aussie, one Cable, and one Euro..
I started the the week with bullish view of Euro dollar. Since it was testing historical high, I did not jump in immediately. After the sell-off gap in the Monday Asian session was filled, I went long with extremely small position size. Yes, it was extremely small. LOL ๐ . Heck, I was stopped out […]
Another EURO trade
What a day for EURO! Just as I thought it might be a boring day, I saw something was cooking in EURUSD chart. I went long during London session. This is a classical text-book style setup. OK, again, it is Trader Gav’s text book though. ๐ My plan was to catch the ride when it […]
One Euro trade
Monday, I had a couple of currency pairs in my box. Generally, I am bullish about Aussie dollar, EURO, and kinda bearish about GBP. I went in for long positions with EURUSD, AUDUSD, and do a intraday short of GBPUSD. GBP trade was a crap. It was a bad-timed entry. Nothing to write home about. […]
Is it time now?…AUD/USD….uhm…
So, I see something better, maybe something pleasant. We had weaker than expected employment condition in U.S. In addition, RBA maintains the possibility of further interest rate hike later. I am not into fundamental analysis, but the current condition seems to favor my still bullish view of Aussie dollar. Anyway, we are back to 0.92-ish […]