Finally, after waited for weeks, I managed to grab a copy of Technical Analysis of Stocks and Commodities, June 2009 issue. Yes, it is a little difficult to get the latest U.S magazine in Melbourne, Australia. Well, that’s not the point of this post. I was interviewed by Jayanthi from TASC. I shared about my […]
Trading Journal
Stronger dollar ahead?
Nothing shows up during my weekend chart screening. I decided to have a look at Dollar index(NYBOT:DX) to get a feel of over all trend direction. I am looking at the possible move into the zone of 82~83 before downtrend resumes. In other words, I might be looking at a stronger dollar for the coming […]
EURUSD provides short opportunity
I am very keen in watching the development of EURUSD. On daily chart, it sets up a SHORT to me, and looking at weekly chart, we are approaching resistance area. Well, to me, I am only looking at SHORT. In fact, I will establish a small swing trade position soon. Here is the….. CHART!
Trading Idea : GBPJPY Short 03-Jun-2009
I have not been posting too much recently, partly because I am kinda under the weather for the past few days. It is not fun to fall sick during winter. However, I am still active in Twitter. Anyway, here is the the potential short setup I am watching right now. GBPJPY looks exhausted to me. […]
Trading Idea : EURJPY Short 25-May-2009
I am not taking this trade (EURJPY) due to bank holidays. UK and U.S banks observe Spring Bank Holiday and Memorial Day. I am not interested in trading during holiday session. Anyway, the chart sets up nicely. It provides a nice short setup for short term trade, however, risk is relatively higher trading during the […]
Wrong side!
I am obviously at the wrong side of market this week. So, before any serious damage , I decided to stop my car for a while, and enjoy watching. 😆
