Archive for August, 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.

From the desk of Tradergav.com

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 of points which I pretty [...]

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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 the meeting, board members expressed [...]

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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 tens of millions of dollars [...]

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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 and now it appears that [...]

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