Monday’s trading

October 2, 2007 – 7:55 am

I was not available to watch the market yesterday due to my busy day job. No trade was made. I missed the move of NZD/USD and EUR/JPY in the Asian afternoon. I do not incline to put on any day trade in Monday morning (Australian hours) as spreads are normally still in ‘holiday mood’, too wide to be stomached by day trader. Things will normally get back to normal when Japanese market is opened (that’s 10am in Melbourne, Australia).

Well, no trade, no R. Btw, my gut feeling tells me I will be living in the world where 1 AUD= 1 USD soon….uhm, time to plan for a vacation in Miami ? 8-)

From the desk of Tradergav.com


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