Ok, I was too busy enjoying dinner at a nice Korean restaurant in Melbourne downtown, and watching Australian Open. Ah..Andy Roddick is out! :o: So, No trade again, on Friday. Anyway, I had a tough week, so I chose to stay away from market for awhile. I exited a swing trade position AUD/USD last week. […]

Here is the trading secret: ‘Never chase a trade’… enough ? 🙂 GBP/CHF and USD/CHF were in my watch list today. However, the market decided to run away without me. So no trade for Thursday. Well, It is not a bad thing. It is always good to give myself some time to cool down after […]

Uhm..before I forget again, here is your favorite trading secret ‘Always respect your stop’. …cool? 🙂 Darn! It was a tough Wednesday for me. I shorted GBP/JPY and EUR/CHF. They moved nicely initially , but stop me out around opening of U.S session. So, two losing trades, -2R. Forget it. Anyway, YEN is providing some […]

I made a peanut trade today. I earned peanut. +10 pips :o: Oops, before I forget, here is the trading secret again “Go long when the market is moving up”. 😆 OK, back to business. I saw a nice long setup in Kiwi  (NZD/USD), I went long. It was moving pretty nicely, but the pull […]

Another trading idea comes out from my coffee cup. I see a stronger Aussie dollar. And EUR/AUD gives a shorting opportunity. What do you wanna do? Uhm….. Here is the …….daily CHART! [photopress:eurauddaily14jan2008.gif,full,alignleft] Let’s take a closer look…. [photopress:euraud4hourly14jan2008.gif,full,alignleft]

I did not trade on Thursday, the only setup I have was long USDCAD. However, the setup failed before Mr.Ben’s speech. By the time Mr.Ben talked about further rate cut, I was already in the bed during this hot summer night in Melbourne. I took a Long AUD/USD trade on Friday. Not so good, end […]