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. […]
FX
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 […]
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. […]
Is it time now? AUD/USD….uhm…..
It is end of March. Sky above Melbourne Australia is kinda grey-ish. Rainy autumn days. Does it set up the mood to short some Aussie dollar? :o: .. Unintentionally, I have been trading AUD/USD for quite sometime. Maybe it is because, it is now my home currency, or maybe it is just because commodities currencies […]
Wednesday’s currency trade
[photopress:eurgbp26march2008.gif,full,1] Does this chart look like the one that appears in trading course advertisement? “Ok, here is the secret to profit from forex trading, use my system to predict the explosive move!” 🙂 LOL.. Nah. this is just one of the trades I made today. I found the chart to be eye-catching. Concentrating in making […]
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 […]