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 »
Monday, July 28th, 2008
Daily chart of EURO is a beauty. Consolidation, breakout, consolidation, breakout. I love this chart. Well, we are again in the consolidation phase, and at the new high area. I remain positive now, which means I am only looking at the Long side at the moment. It depends on what ...
Posted in ETF, Trading Journal | 1 Comment »
Sunday, July 27th, 2008
Let's have a quick look at USO ( United States oil Fund, ETF) and spot Oil price. I am not sure if people start talking about the bull run is over. Well, not yet. Uhm...I am not convinced, yet. This implies, the recent strength of Dollar might be short lived? ...
Posted in ETF, Trading Journal | No 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 »
Tuesday, July 15th, 2008
This is a longer timeframe analysis. USDCAD has been consolidating for a period of time. And now looks interesting. I am putting my bet on short side. I mean, I am positive of CAD. Other considerations include the weak, messy, troubled USD and the the relationship of CAD and oil ...
Posted in Trading Journal | 1 Comment »
