I was thinking of posting some analysis, some charts here. I gave up the idea. There are blogs out there writing much better analysis than I do. Anyway, looking at the weekly chart, I would not think it is a good idea to continue shorting EURUSD. Well…I am not talking about day trading. You got […]
Trading Journal
When Aussie is below 0.63 cents again…
I am actually looking for long signal. Yes, I am waiting to go long. We are waiting to see how does RBA react now. Do they still think that the stimulus package is going to do any good? Well , it is understandable why were they so confident about the stimulus package. During the Asian […]
One EURO trade
Again, the chart shows you everything. I was looking to Long EURUSD (My Twitt) Simple technical trade. Dummy style. Day trade during London Session. Here is the … CHART! (Click to enlarge)
One GBPUSD trade
I think the chart shows everything you need to know. As mentioned in my Twitter, I was looking to long GBPUSD. Pretty simple technical trade. Similar to my dummy trades, but of course with some tweaks. Here is the…… chart (click to enlarge)
What do you really need to learn about trading
Lately, I have been spending my time working on my ATS (automated trading system), developing strategies and risk management models. I visited few forums, reading some brilliant ideas, and of course, unavoidable, some junks. While reading the postings by some new/struggling traders, I have some thoughts. What do you really need to learn about trading? […]
Pivot play example
Here is an example of how you can use pivot and Fibonacci to trade currency. Pretty straight foward. We sell short at resistance levels. As a rule of thumb, don’t look for a specific price level, instead, we are playing with the price zone, or some say price range. No magic level in the market, […]
