This is not a Forex trading post. While doing my regular Sunday morning reading and chart browsing, I see this interesting picture. I happened to open up charts of Asian markets related ETFs, what a unity. Nothing new, just to note down, probably, the first bear market in my life. Yup, I am just turning […]
Trading Journal
One Aussie trade
Well, finally, I have a beautiful chart to show off again. I have been trading for the past few weeks, but , there was no good trade to show. If you have been following this blog, you know I was looking for Long opportunity after Aussie hit new 52-week high. Here is AUDUSD long trade. […]
Is it time now?uhm…loonie
This is a longer timeframe analysis. USDCAD has been consolidating for a period of time. And now looks interesting. I am putting my bet on short side. I mean, I am positive of CAD. Other considerations include the weak, messy, troubled USD and the the relationship of CAD and oil price…uhm…. Let’s see how it […]
The 52-week high Aussie
AUDUSD, well well well. We have made a new 52-week high last week, with the help of surprised figure of unemployment rate and troubled USD. I did not get into long position last week ( stupid huh? well). It was just because risk reward ratio did not impress me. Whatever… It looks interesting to me […]
Is it time now?…USDJPY
Firstly, I don’t trade this pair. I have some negative biased views for both Dollar as well as Yen. I use this pair for analysis purposes. Alright, enough of nagging. I see weakness in Yen (that’s one of the reasons I am long AUDJPY now). In the , what I call, a ‘short sighted’ view, […]
Tip or Junk idea : AUDJPY
I am not going to write too much. This chart caught my eyes. Pretty nice trend. I am looking at Long side. What do you think? Let’s see how it works out. Here is the …..CHART! [photopress:audjpy03jul2008.gif,full,1] Here is some statistics About this tool By Trader Gav
