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Wednesday’s Currency trade

by Gav Leave a Comment

Ok, again, I am going to reveal a ‘trading secret’. ‘Go long when market goes up.’ Cool? ๐Ÿ˜€

Back to business. There were not too many opportunities today. I missed the short of GBP/USD, because I was busy having dinner :o: . I went long of AUD/CAD. Yup , again. I saw a stronger Aussie and weaker Canadian dollar. Exit the trade after waking up in the Melbourne morning before I am heading to work. Just a +25 pips trade.

Aussie is still looking strong, my gut feeling tells me it should continue moving for a little while. But well, too bad, I have to exit the trade now.

Here is the……CHART!

[photopress:audcad09jan2008_tradeclose_blog.gif,full,alignleft]

Filed Under: Trading Journal Tagged With: FX, Trading Journal

Reader Interactions

Comments

  1. Hector says

    at 9:44 am

    LOL Gav, I took exactly the same trade ๐Ÿ™‚ Have a look here: http://www.hectortrader.com/2008/01/09/warming-up-the-engines/

    Funny, isnt it?

    HECTOR

    Reply
    • Gav says

      at 10:14 am

      Yeah, I read your blog. Shall we say ‘Great minds think alike’ ? LOL..

      Good trading.

      Gav

      Reply
  2. Hector says

    at 7:44 pm

    LOL Gav, I took exactly the same trade ๐Ÿ™‚ Have a look here: http://www.hectortrader.com/2008/01/09/warming-up-the-engines/

    Funny, isnt it?

    HECTOR

    Reply
    • Gav says

      at 8:14 pm

      Yeah, I read your blog. Shall we say ‘Great minds think alike’ ? LOL..

      Good trading.

      Gav

      Reply

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My Name is Gav.
I am a Father, Husband, Trader, And Blogger. A serious coffee addict. I started training since 2005, mainly on FX and Futures.

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