In order to salvage my getting lower blog readerships (in fact, it is consistently low readership lol ) , I am going to post two trades that I have made today , 01-Dec-2008, London session.  it is show off time again! -)

Scalping? Yeah, I do scalp.  But, I have a box of trading styles, so don’t waste your time guessing. lol

I told you I have a negative view of Dollar. This is particular true when watching USDJPY. I watched the opening hour of London session, let the price flowed, and wait for the currency pair to form my favorite setup.  BANG! Shot the Dollar, Oops, I mean short. Aggressive price movement, with aggressive trailing stop.

Here is the …. CHART! small +40 pips.

OK, now EURUSD. I told you ..blah blah blah…but, Euro looked weak.. So, I shorted EURUSD.  Dollar was weak. So the trade closed with small profit. Thanks to the partial profit taking orders.

Here is the… CHART!

That’s all. Two trades for the day. I am off for shower and dinner. Ciao!

From the desk of Tradergav.com


Like it? then share it :)
  • Facebook
  • Digg
  • del.icio.us
  • StumbleUpon
  • MySpace
  • Google
  • YahooMyWeb
  • SphereIt
  • Reddit
  • NewsVine
  • Fark
  • Live
  • Technorati
  • TwitThis
  • Faves
  • LinkedIn
  • Yahoo! Buzz
Sphere: Related Content

More on this topic (What's this?)
Heading for Splitsville? (Financial Armageddon, 12/3/08)
Taking A Look at the Reversal in the Japanese Yen (Financial Market Commentary by S..., 12/27/08)
"Mr. Yen" Advocates Much Stronger Yen (naked capitalism, 11/6/08)
Read more on Euro (EUR), Japanese Yen (JPY) at Wikinvest