We had an exciting week for EURO. Now, it looks kinda bullish, and poised to break historical high again. OK, no sure thing, but chances are there. There are a lot of reports/commentary from G7 meeting. It depends on how do you read it. Again, I am not a financial analyst, so nothing much I […]
Is it time now? EUR/GBP….uhm….
I decided to have a look at EUR/GBP as my friend, Jay , the lonely trader is looking at short side. I have a different opinion this time (Anyway, we might be looking at different time frame). In fact, I am looking at potential long trade. I feel there might be another run of bull. […]
Aussie dollar…uhm..ugly..very ugly
You can blame the volatility since last week. Whatever you wanna blame. Go ahead. Price action of Aussie dollar (AUDUSD) is ugly. It is not ‘healthy’ in my definition. Anyway, I have no position now. Yup, I hesitate to go short as well. Everything is just…messy. There might still be a little bit more downside […]
Is the party over?
Ouch! Look at Aussie dollar we are back to 0.92 region again. It only takes a day of action to give up our early gain. Not a pretty chart, but looks interesting. 😆 I guess I need to wait for a little longer to see the parity ‘dream’ comes true. 🙂 Here is the….CHART! Cool […]
One Aussie trade
Since I like the chart, I decided to post my recent Aussie trade. I entered long position 2 days ago. And moved stop to break even , taken partial profit yesterday, and exit the trade today. blah blah blah….same old stories. I am still watching AUD/USD. Waiting for the next opportunity to appear. Of course, […]
Is it time now? uhm….. AUD/JPY
During my routine Sunday chart scanning , AUD/JPY jumps out to me. I see something interesting. It looks like a bearish flag, then it broke down, pulled back, and this might be a downtrend continuation. I am watching closely, and play at the short side with caution. But,be prepared, it might signal a new bull […]