My EUR/USD long orders were triggered. It was so near to hit my first profit target when it made new high. But, well, so near yet so far. I closed the position before U.S trade balance announcement , since the positions were not going anywhere and I know ‘the broker’ that I used will widen […]
FX
No trade on Wed and Thur, so far
None of my orders were triggered so far. No trade for Wednesday and Thursday. Aussie dollar seems to be showing a little bit weakness at the moment, maybe it is time for a pull back before attempting 0.95. Let’s see how it goes. I see the same in loonie (USD/CAD) as well. Besides, generally, I […]
Tuesday’s Currency trade
I made two trades on Tuesday. Long CAD/JPY and AUD/USD. Pretty nice day. I end the day with +5.85 R. I am not trading Aussie pairs today. Waiting for the interest rate statement. Well, most of people are expecting 6.75%. I have no idea, let’s see. Here is the …….CHART! [photopress:AUDUSD1hour07Nov07.JPG,full,alignleft] [photopress:CADJPY1hour07Nov07.JPG,full,alignleft]
Some trading updates
Non of my orders were triggered yesterday. I am still looking at long side of Aussie dollar. (well, I am still thinking parity is coming 🙂 ). I have been looking around for Australian brokers for Forex and CFD. I feel more comfortable dealing with broker that operates here. This should be settled within this […]
It was not a good trading day for me. I made 3 trades, 2 losses and 1 small winner. I went long on EUR/JPY at the wrong time, and got stopped out with -1 R loss. It was a mistake by taking Long position of NZD/USD today. I was doing some counter trend trending. Cut […]
Only one trade on Monday. I went long with Euro , and it turned against me during U.S session, I closed the day with – 1 R loss. It is going to be a busy week, we have U.S interest rate statement, GDP, and the notorious Non Farm Payroll report. It’s going to be a […]