We had an exciting week for EURO. Now, it looks kinda bullish, and poised to break historical high again. OK, no sure thing, but chances are there. There are a lot of reports/commentary from G7 meeting. It depends on how do you read it. Again, I am not a financial analyst, so nothing much I [...]
I decided to have a look at EUR/GBP as my friend, Jay , the lonely trader is looking at short side. I have a different opinion this time (Anyway, we might be looking at different time frame). In fact, I am looking at potential long trade. I feel there might be another run of bull. [...]
You can blame the volatility since last week. Whatever you wanna blame. Go ahead. Price action of Aussie dollar (AUDUSD) is ugly. It is not ‘healthy’ in my definition. Anyway, I have no position now. Yup, I hesitate to go short as well. Everything is just…messy. There might still be a little bit more downside [...]
Ouch! Look at Aussie dollar we are back to 0.92 region again. It only takes a day of action to give up our early gain. Not a pretty chart, but looks interesting. I guess I need to wait for a little longer to see the parity ‘dream’ comes true.
Here is [...]
Since I like the chart, I decided to post my recent Aussie trade. I entered long position 2 days ago. And moved stop to break even , taken partial profit yesterday, and exit the trade today. blah blah blah….same old stories. I am still watching AUD/USD. Waiting for the next opportunity to appear. Of course, [...]
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