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 […]
FX
The strength of Yen
We have stronger Yen across the board last week. (That’s also the mistake I made by neglecting it last week.) Anyway, what I have in the box now is, not to go against Yen at the moment. I have a look at YEN futures. What a strong presentation. Clearly, I do not have any medium […]
Wednesday
13-March-2008 , Sunny day, 23 degree Celsius. Melbourne Australia It was a good day for Euro. But, I made a wrong choice. Well, at least for the trading result, it was not pleasant one. I was looking at EUR/JPY. The fact was, I neglected the strength of Yen, and at the same time missed the […]
Trading Diary : My trading problem.
This post is just a trading rambling. I wanna write down what’s going through my mind at the moment. 12-March-2008. Sunny day , 22 degree Celsius , Melbourne, Australia. I have some trading problems. With result of February’s trading, I have achieved breakthrough of my equity and confidence. And, so far, I continue to be […]
Monday’s currency trade
About this tool Today is Labor day (Public Holiday) in Victoria, Australia. I have the luxury to follow through Asian market. I see some weakness in Aussie dollar, I went short AUD/JPY. But the market did not follow through after London market open. Anyway, end the day with +1.25 R. Not a great trade, but […]
Is it time now? …GBP/USD…uhm….
There are two types of traders: 1. You see your trading setup presents perfectly, it ticks all your boxes(for example, price closed above moving average, x-day moving average crosses above Y-day moving average, or ascending triangle is formed, head-n-shoulder appears etc), and you start punching keyboard, submit your order. I call this Kangaroo trader. 2. […]
