TraderGav.com

Gav's trading blog - Perseverance, Consistency, Confidence

Trading Journal

Trade of the day 08-June-2010 : $NZDUSD short

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I opened few short positions during since early London session, and they came to fruition during early U.S session.  I decided to share $NZDUSD trade, which was a fast, and aggressively sold off. I have waited for few hours for Kiwi dollar to pull back , and I decided to pull the trigger when it struggled around Friday’s low. 2 profit targets were achieved, with last portion of the position is still trailing.

Here is the CHART. I thought it was another simple trade. (mind you, I said SIMPLE, but not EASY…. 🙂 )

Trade of the day 2-June-2010:$GBPUSD short

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I thought I would choose a good trade a day (if there’s any) to post here. Maybe some of my 12 readers might find it to be useful. I shorted GBPUSD during early European session when cable failed to exceed yesterday’s high. My entry was not ideal, it was a little bit late.  The trade worked out nicely with 2 profit taking orders triggered, and last portion of position is still trailing.

Here is the Chart. I thought it is pretty simple.

New look, new start..hopefully

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After sticking to the same layout design for almost 2 years, I have decided to pull the plug to have a total makeover. Here we go. And, Yes, I know I have been slow in blogging as well.  Over the past year, I have been busy with my family, job, and I am now a proud father of my 5-month-old son. 🙂

Life was and is busy, but trading has never stopped. As part of trader’s development, I slowed down my trading for a while, fine-tuning myself, and my trading, and then keep the fire burning. My trading approach has not changed much, though I fine-tuned some of it. If you look at the charts I posted here, you should be able to see how simple it is.

So, with the new look of the blog, I really hope I have time and energy to think and write more here. You know, life is never the same after having a new member to the family.  I normally start working when the whole family go to bed.

Meanwhile, if you are interested in listening to my rants and my trades, subscribe to my RSS feed, and follow me on Twitter!

Trade Well.

$USDJPY 31-May-2010

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The last GBPUSD trade did not work out as plan. I did cash in some pips at the initial bounce of 1.45, but after that the market just went wild. Here is what I am looking at now. $USDJPY. I did not go in on Friday, I was not convinced with the action. I am looking at around 91.70 ish for potential short opportunity if the market decides to bounce further from current support. Let’s see how it works out.

Here is the chart. (click on the chart to view full version)