I have a dream…I dream of Dollar rallying against yen. So I decided to long $USDJPY…. 😆
This is a swing trade idea. I see USDJPY approaching support area in daily and 4 hourly time frame, and it forms a long setup for me. I am watching closely, in fact, my long orders are waiting now. In addition, this setup is trying to capitalize from the indicators divergence observed as well. On the flip side, breaking below 91 level will negate my setup.
Here is the ….. CHART!
Here is the trade I mentioned in Twitter this morning. I am Long GBPUSD. This is a short term trade which tries to capitalize from the positive divergence of indicators observed. Targeting around 1.6310. Let’s see how it works out.
Here is the ….. CHART!
Look! I told you there are good stuff in Traders Interview. The one and only Lonely trader, Jay, was recently interviewed. Check out my freaky friend’s interview, I am pretty sure you will be learning something from him. Check it out
Long story short. I see EURUSD reaches resistance area, and forms a nice short setup for me. So, I am going SHORT.
Here is the …. CHART!
I have been really busy and exhausted outside my trading life. There are ideas coming into my mind but I just do not have enough time and energy to write it down/blog it down. After USDCAD trade (which was stopped at breakeven), no new position was added. Market is playing the game of patience with me right now. Meanwhile, I am squeezing out some time to work on a couple of strategies, which was in researching phase. The progress is kinda slow.
In addition, I was recently invited to try out premium service of Tradersinterview.com. It is awesome. There are quite a number of interviews in premium section that is worth my time and money. If you had listened to the free interview from them, I am pretty sure you will be impressed by the premium section. Some of the interviews are not only inspiring, but full of new ideas. Check it out. I might write a full review later (depends on my availability…)
That’s all for this short update. Have a great trading week.
Firstly, thanks to all the comments in the last post. I’m glad to know the interview of an old fart Asian trader offered some help/entertainment to my 12 readers. 🙂
Anyway, back to business, USDCAD catches my attention. It has been moving upward for the past 2 weeks. However, it looks to have reached the point to resume its downtrend in daily chart. Let’s see. As usual, if you are interested in the listening to my rant and fatal market calls, follow me on Twitter.
Here is the…CHART!
