There are two types of traders:
1. You see your trading setup presents perfectly, it ticks all your boxes(for example, price closed above moving average, x-day moving average crosses above Y-day moving average, or ascending triangle is formed, head-n-shoulder appears etc), and you start punching keyboard, submit your order. I call this Kangaroo trader.
2. You see [...]
Firstly, I am not sure if I am going to trade in the coming week. We have interest rate statements from Australia, New Zealand, Canada, U.K , ECB, and Bernanke is going to say something, and to make it more interesting, U.S unemployment Rate is coming. I might just sit in front of my [...]
I am done for the week. Trading preparation will be resumed over the weekend. Now is the time to enjoy coffee and forget about trading.
From the desk of Tradergav.com
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If you are reading my blog, sorry, I am going to show off again . Nah, but, I do think I perform pretty well recently. (OK, I am still a humble Asian Chinese man…)
I completed all my Aussie trades. I exited the trade when we are hitting historical high 0.94 again. I am sitting [...]
Yes, Gavin, a.k.a Trader Gav is on fire. And I am showing off here :
I made another loony trade. I shorted USDCAD. This is a text book setup. OK, it is my text book, I don’t think you can find it in Amazon, so give up!. This is 1:2 risk/reward [...]
Again, the reason I post these trades is just because the chart looks so beautiful. You want some trading secret? ok , here we go, ‘ bigger time frame, bigger profit’. Happy?
I closed partial AUDUSD position when it hit my first profit target, slightly below 0.93 level. Not too bad with a [...]
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