Archive for November, 2007

It’s time now

Friday, November 30th, 2007

We are at the end of the month again. Here is something that I would suggest my readers and traders to do. Let's take out any percentage of your trading profit generated this month, and donate it away to any charity organization, church or schools. Be 1%, 2% or ...

No trade, news digest

Thursday, November 29th, 2007

My day job is keeping me busy this week. I reached home after 8pm Melbourne Australia time. That's around 2 hour after European market open. I don't rush to trade in this kinda condition. I will continue studying the market during my free time, however, I don't think I have ...

No trade on Monday and the new Australia

Tuesday, November 27th, 2007

I did not see any good setup today, in fact, I should say, I did not see too many good setup recently in Forex day trade, to be specific, not too many opportunites for trend trade. It is kinda messy. I am staying sideline at the moment. So you know we ...

Life of a modern slave

Thursday, November 22nd, 2007

OK, I am a modern slave, though people hire me as a project consultant. I was called by a project director to help out in a project for ten working days or so (btw, I left the project last Friday :-) ). Since I have a little free time, ...

Good ol lover is back

Tuesday, November 20th, 2007

I was flipping through my old SIMSCI futures trading journal, and checking out Asian futures market.  It looks like my old time favorite is back. I see opportunities appear in SIMSCI futures again. I am getting my account ready soon, since I have a little bit free time now. Here is ...

Monday’s currency trade

Tuesday, November 20th, 2007

I was looking at GBP/CHF with an opinion of weak GBP.  I shorted GBP/CHF during the first pull back after breaking out from the range. But well, it did not work out as my initial thought. Exit the trade with -0.47 R.  -27 pips. I found it to be a ...

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