Saturday, October 4, 2008

Trade: Long Aud/Usd in range

0 comments

All positions closed out. 

long 30000 aud at 0.7771, stops at 0.7700. Should be all for today. Breakout of either side will definitely emerge as a new trend. 

Good trades to all.

Trade: Closed and Reversed

0 comments

Reversed to short 100,000 AUD at 0.7747. Stops at 0.7777

Cheers

Friday, October 3, 2008

Trade: New Long Aud position

0 comments


I am long 1,000 AUD/USD at 0.7780, 14,000 at 0.7779, and 35,000 at 0.7792.

Good trades to all.

Thursday, October 2, 2008

Review: Trading Losses and Adjustment to Trading Methodology

0 comments
 Dear mates,

The day has been challenging day for me where I have realised a few mistakes that I could have been on today's losses. Yes, I have to admit that both trades today were made with negligence and with little vigilance. I will thus avoid making this same mistake by not trading between SGT 0800hrs (0000hrs GMT) and SGT 1630hrs (0830 GMT) daily, as I admit that I am not very focused within that time of the day.

Trading time horizon may be in a matter of minutes. Trades are made in a manner that will consistently look forward to an exit on the short term, although it has a primary target that will be looking forward to stay on a trend for the long term. This method may not be a conventional strategy that you may agree with, but it is something that has worked for me for a period of time. 

I shall leave no stone unturned from my next trade, in addition, I would want to remind everyone who is reading this that there is no strategy that is fool-proof and free from losses, therefore, if you are viewing my calls on a consistent basis, please reminded that losses made like what happened over the past few days may re-occur on a consistent basis, therefore I hope you can only view this with a pinch of salt, and measure the result against the actual market.

My 50,000 long AUD/USD at 0.7903 is stopped out at 0.7803 with 100pips of losses. GBP/JPY remains opened from 189.49.

Now let's rock the markets today!!! 

Trade: Update

0 comments
30,000 GBP/USD was exited at 1.7721. 

Stops for 20,000 GBP/USD was shifted to entry price at 1.7682. 

Good Trades.

Trade: Long 50,000 AUD/USD @ 0.7903 and GBP/USD @ 1.7681

0 comments
Hi guys,

For your info,

I am long 50,000 AUD/USD at 0.7903, as well as 50,000 GBP/USD at 1.7681. 

The stop level for both position will be 100 pips away from entry price.

Existing long position of 15,000 GBP/JPY, remains open at 189.49. 
 
Will be looking forward to reduce my position before tomorrow's voting with the congress, and the NFP announcement. 

Good trades to all.

Wednesday, October 1, 2008

Trade: GBPJPY Long @ 189.49

2 comments

For your info,

I have just made a 15,000 long position on GBP/JPY at 189.49. 
 

Copyright 2009 All Rights Reserved Revolution Two Church theme by Brian Gardner | Blogger template converted & enhanced by eBlog Templates