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 ...
Posted in Trading Journal | 3 Comments »
Saturday, August 2nd, 2008
Is Australia heading to recession? Some said next 3 months are crucial...
Think of it like this: we are in a car that has been braking sharply as a result of higher interest rates, higher petrol prices, diminishing household wealth and fear of what might lie ahead. Now the car has ...
Posted in Links, news | 2 Comments »
Thursday, July 24th, 2008
Ok, first rule, I am only looking at the Long side of Aussie dollar (AUDUSD) and GOLD. Are we going to have rate cut in the coming month? Nah, I don't think so. In fact, I have no idea what on earth is the new government doing now. Whatever...
Anyway, ...
Posted in Trading Journal | 2 Comments »
Tuesday, July 15th, 2008
Well, finally, I have a beautiful chart to show off again. I have been trading for the past few weeks, but , there was no good trade to show. If you have been following this blog, you know I was looking for Long opportunity after Aussie hit new 52-week high.
Here ...
Posted in Trading Journal | 2 Comments »
Sunday, July 13th, 2008
AUDUSD, well well well. We have made a new 52-week high last week, with the help of surprised figure of unemployment rate and troubled USD. I did not get into long position last week ( stupid huh? well). It was just because risk reward ratio did not impress me. Whatever...
It ...
Posted in Trading Journal | No Comments »
Sunday, June 29th, 2008
Immediately after getting back from vacation, I am tied up with my day job again. What the..... :-|, Anyway, I have been spending sometime studying the market. Heck, to be frank, I found it pretty tricky to trade the currency markets recently, well, at least, to my style of trading. ...
Posted in Trading Journal | No Comments »
