Archive for August, 2007

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 Tradergav.com

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 own [...]

Where the F* is Malaysia? Wake up, Mr. American You’ve missed out one of the most beautiful country on the earth. And…we speak English TOO, buddy. Wallstrip has a nice introduction on iShares MSCI Malaysia Index, interesting. Sounds good to me, I am going to do some studies.

From the desk of Tradergav.com

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When will I ever correct my bad habit of exiting a trade too early? Fool. I made two trades today. Aussie started to bounce. A nice one, while looney started to tank again. Another nice one. I managed to grab some profit from short position of USD/CAD, +0.65 R, while break even from Aussie dollar.
Two [...]

I thought it was going down, but it did not.
I thought it was going to bounce, yet it did not.
That’s my comment for Aussie dollar. I do not initiate position just yet. I would prefer to watch the price action a little bit longer. Overall, I am positive on Aussie dollar trend, at least for [...]

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