I am not sure what did you see in the market now. Anyway, I don’t really care.. :-p I can’t find any decent setup in currency market on Monday. There are broken trends, and too early to call a reversal as well. So, I ended up with no action on Monday. This might be another […]
Trading Journal
Hey Aussie, is that a bottom? uhm…
Some people are talking about bottom of Australian stocks market. Started from mid-December ’07 , we were seeing lower highs and lower lows forming. This is a downtrend, no? Well, looking from weekly chart perspective, we have in fact broken the last low (around mid August 07). OK, breaking the previous low doesn’t mean we […]
No trade & Another rogue trader
Man, I just realize that it is Friday today! I was extremely busy with my work this week (and, ok, I am following Australian Open as well 🙂 ). All I have is just a couple of hours after London session open. So, no trade at all. I hope to get back to swing next […]
Ouch! Who hammered the kangaroo …..
This is something I don’t wanna see, given Aussie dollar is my home currency at the moment. :o: While the world equity markets were beaten seriously, Aussie dollar is hammered. Weekly chart is no longer as beautiful. uhm… We have a new lower high and now trying to break the previous low…What the…. Let’ see […]
Amitabha…Amen..
I received an email from one of my forex broker Dear Client,Please be aware of the substantial volatility in the international markets today and manage your open positions accordingly. If you need assistance, please do not hesitate to call the Trade Desk. Sincerely, xxxxxxx Here is the email from my Futures broker Dear Sir/Madam Investing […]
A new week
I was thinking to post some charts today. I gave up the idea. I read some blogs, and it is interesting to see one thing in common. Quite a few Futures, Stocks and Currency traders were having a tough week. Uhm… So, here again I am putting up this old post by Trader-X. Chasing success. […]
