Gav's trading blog
Archive for August, 2007
Chart of interest: AUD/USD end 30-AUG-2007
Winter doesn’t seem to be over yet for Aussie dollar. It takes another week or so to see if a higher low can be formed and resume it’s uptrend. It just failed to close above 200-day moving average, while weekly, it is stuck between the zone 20-week and 50-week average. I am not turning bearish [...]
Living
So I have stayed here for 2 months. how much is the basic living cost of Melbourne? Here are the approximate daily essential expenses: Rental (for a 2 bed room apartment) :AUD 44 Transportation (Assuming you are staying in the Zone 1, cost will raise when staying in Zone 2) :AUD 3.4 Food & drink [...]
No trade for the week
I did not manage to make a single trade this week. The increase of workload and stress level, kept me in a bad condition for trading. I missed to sell off of Aussie dollar this week. However, I am now considering to increase my long term Aussie dollar holding. Though the rebound might not happen [...]
Kawanku (My friend)
Just feel like sharing this music video here. A simple rap composed by a Malaysian young man. Well, try to catch what he is trying to say. I feel kinda ‘homely’ when listen to his songs. Check it out. Here is his blog From the desk of Tradergav.com
Nonsense show
I am a TV guy. One of the most nonsense show I have ever watched is Age of Love. You see gorgeous ladies in their 20s and 40s fighting each other, crying, acting desperately just for this tennis player. The ladies and the man are beautiful, but the show is absolutely ugly and stupid. Well, [...]
Thursday trade
Not a great day for me. Extremely busy working day and my profitable long position of Aussie and short position of loonies are stopped out. Oh well, if only I can monitor the position closer, I would have a better exit. I am flat or maybe slightly down for the week. From the desk of [...]
Forex trade du jour & review
Finally we see a breakout of Aussie dollar. I was long since yesterday, but was stopped out. I entered another long position today after the release of the much expected interest rate raise. I went short on USD/CAD since yesterday and held overnight. Though both Aussie and looney trades are winning trades, I grade my [...]
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