I did not put a single day trade this week. I watched the market, and nothing is really interesting so far. And there is a huge change in my day job. Chaos and disappointments. But life still moves on.

While I am figuring out what is my next step, I still continue trading. So far, we see USD is gaining strength throughout the week. But, I am still bullish about Aussie dollar.
I have just established a Long position of Aussie dollar (AUD/USD). Not day trading though. This trade should last for few days if not weeks.

Here is the…..CHART!

[photopress:audusd_daily19oct2007.gif,full,alignleft]

There are some changes in the project management of day job. Some crappy news are coming. Basically, it is kinda affecting me. I am not in good condition for trading. So , no trade on Thursday.

I made one trade today, Long CADJPY. Closed the trade with + 1.05 R. Not impressive at all.  I exited the trade with a little bit of candle reading involved, and maybe a little bit gut feeling. I am thinking of start posting chart of my trade again. Well, not every single trade.

Here is today’s trade.

[photopress:CADJPY1hour10Oct.JPG,full,alignleft]

I traded NZD/USD in the morning which had a nice run during Sydney session. But I saw profit eroded one hour after Japan session opened. End the day with -1 R. Nothing much for the day. I spent a couple of hours fixing my internet connection in the evening time (which was caused by my own mistake 😐 ). A couple of dollar pairs (AUD/USD, NZD/USD, EUR/USD, GBP/USD) started to rally during U.S session which I have already left the market. The ‘I wish I were there‘ thoughts are useless for trading, so I am not going to bicker with myself.

Well, as usual, Monday is always not my day. I traded AUD/NZD long with – 1 R loss.  And, I was just an unprepared trader today. I did not even know it was public holiday in Japan and U.S.  Well, Forex is a 24-hour market, but experience told me that day trading during holidays of major market places is a dang bad idea.

Anyway, end the day with -1R.

My plan was to exit my day trade position before NFP announcement. Right. I did that, and missed out bigger profit. But, well, I am not feeling frustrated over this at all. Day trading around NFP are for the ‘Professionals’ , not for me.

I was Long AUD/JPY. Not too bad. And I was happy to close the position around 30 minutes before NFP. But wait! My trading platform stalled, hanged, and died. I have to kill the application. My order was still in progress.

When I restarted the application my order was filled, at the much lower price. Oh well…. 😐

End the day with +1 R. Pretty uneventful week, though I managed to close the week in positive.