2008 May 11 | Gav's trading blog

Archive for May 11th, 2008

Tips or Junk ideas

Posted on May 11th, 2008 in Trading Journal

OK, I have another tips or junk idea here. I am not going to write too much. Does this chart look a BUY for you soon? What do ya think?
Trend Score: +65 , a weak uptrend now
Edit: I forgot to mention, this is EURGBP!

There is no such thing as the trend; there [...]

Tags: EURGBP, FX, ideas, Trading Journal

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EUR/USD…now what?

Posted on May 11th, 2008 in Trading Journal

In a shorter time frame, I see some price formation which will probably lure some traders shorting EUR/USD again. I am not into it this time. To me, for short term trading, I don’t see good risk/reward setup now. Well, again, that’s in Trader Gav’s definition.
Here is the…..CHART! The color dots are just to impress [...]

Tags: FX, Trading Journal

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