Archive for August, 2008

One day trades-chart : GBPJPY

Thursday, August 28th, 2008

Here is one nice chart to show. Two day trades, 1 stopped, another with couple of Rs. Small positions, still playing around with new setups. [photopress:_GBPJPY__27_8_2008_1.jpg,full,1]

Quotes from Ken Jakubzak’s interview

Sunday, August 24th, 2008

I have been busy with my day job and struggling to have sometime in finalizing my trading system. That explains why posting has been lagging. Anyway, I hope I can get back on track soon. In the August version of Currency Trader magazine, Ken Jakubzak was interviewed. There are a couple ...

Driver losing control..

Wednesday, August 20th, 2008

RBA bashes the banks THE Reserve Bank has partly blamed Australia's private banks for creating conditions that risk pushing the nation into a "deeper and more persistent slowdown". The central bank's board also seriously considered cutting interest rates when it met on August 5, according to minutes of the meeting released yesterday. At ...

Charities feel the Subprime pain

Saturday, August 16th, 2008

MORE than 100 local councils, charities, churches, hospitals and nursing homes across Australia are sitting on a $2 billion black hole after buying subprime investments structured by Wall Street banks during the bull market but which are now potentially worthless. A document leaked to BusinessDay revealed that Lehman Brothers is managing ...

What’s wrong with these people? ‘Westerners’

Friday, August 15th, 2008

I don't normally post non-trading stuff here. But recent reports , particularly in Australian medias are just so annoying. Full of craps. More ceremony fakes unearthed Stephen Hutcheon | August 15, 2008 - 12:08PM The Olympic opening ceremony featured faked fireworks, a fake singer who lip synced to another girl’s voice ...

Leave Aussie alone…

Sunday, August 10th, 2008

Oh crap. That's the term I used the most last week. :lol:. Man, Aussie dollar was breaking down again and again. It broke my 0.93 support, and now trading below 0.90. Holy smoke... :lol: I did not make money from shorting Aussie dollar last week. The excuse I am going to ...

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