This is the setup I am looking at the moment. Let’s see how it works out. I am looking at buying some GBPUSD should the price retrace and trade around 1.6450. And first target at 1.67. Here is the …. CHART
FX
One day trade: $EURJPY Short 13-August-2009
As I’ve mentioned in Twitter, I saw a day trade opportunity to short EURJPY(FOREX:EURJPY). The trade went well, though I did not expect the aggressive selling. Very simple setup, playing with support resistance levels in bigger time frame, and day trade in 15-min chart. I do not make too many of short term trade like […]
Update of business and trading 13 August 2009
I am still actively trading. The main project I am working on now is enhancing my trading and risk plan, increase R size, increase my account size, changing broker and platform. The basic idea is not to tweak my current strategy since it has been serving me well, so, I do not wish to tweak […]
Some updates, here & there
It has been a quiet and slow trading week for me. My day job has been keeping me really busy for the past week. (And I really hate the job, I made no secret about that 🙂 ) On trading front, I have been watching the markets everyday, but, hardly found anything that was worth […]
Trading Idea : SHORT $EURUSD 17-JUL-2009
I was looking at EURUSD (Forex:EURUSD). To me, Euro has been running too far, it is time to take a break, and, maybe, come home. 🙂 We are approaching resistance area, and I am looking at the possibility of seeing 1.4 again. �Just as I mentioned in Twitter (follow me if you like my fatal […]
Free Video about $USDJPY
While I am still in my Long positions of USDJPY and GBPJPY (this is to answer those who sent me email asking about if I am in the position), I found this video prepared by Adam from market club. What now for Dollar vs Yen relationship? Another nice free analysis video. Check it out.
