Well, the ‘Trading while sleeping’ strategy continues to be profitable 🙂 . Just kidding, nothing fancy. Just put in my trade, set the stop, and off to bed. Exit the trade at the close of U.S session , which is then morning in Melbourne Australia (that concludes a trading day). Basically , the idea is […]
FX
Another ‘ Trading while sleeping’ trade. I entered a Long position of AUD/USD around an hour before U.S session started, set the stop, and left it. I closed the position at the close of U.S session. I have increased my position size. End the day with around 41 pips or +0.89 R. OK, here is […]
Wednesday’s currency day trade
Not so exciting. I Long AUD/USD , set the stop, went to sleep, and exit the trade at close of U.S market (which is 7am Melbourne, Australia). End the day with +16 pips, which is tiny +0.14 R. At the same time, I am testing a new strategy in demo account, and hopefully the result […]
AUD/USD Stopped out
So I timed my Long entry poorly. I exited the position with 1 R loss. Basically, recent uptrend line is broken. Wrong now, wait for next entry. Here is the ……CHART! [photopress:audusd_daily22oct2007.gif,full,alignleft]
Update of a chaotic week
I did not put a single day trade this week. I watched the market, and nothing is really interesting so far. And there is a huge change in my day job. Chaos and disappointments. But life still moves on. While I am figuring out what is my next step, I still continue trading. So far, […]
Tools for trader I: World clock on your desktop
If you are trading Forex like me, you should have some experience searching of world clock or time zone on Google. What is the time in London now? Has Japanese market closed now at Melbourne time 3pm? Forex is a 24-hour market, and volatility moves along with major market sessions. So, it is handy to […]