Tuesday, October 6, 2009

Another Trade!


Yet another Yen cross, this time AUD.JPY.

Monday, October 5, 2009

Another "Yen" for Trade


Added another Yen cross, this time the CAD.JPY pair.

Bitter Fruit


Lost the Kiwi Yen trade, when the market reversed.

Kiwi fruit, anyone?


Took a short position in Kiwi Yen pair. This time, my plain is to let the market take me out via trail stop, instead of the usual hard profit target that I normally use.

Enjoy the ride!

Friday, October 2, 2009

Big News Day

I am primarily a technical trader. However, that does not mean that I ignore news completely.

For instance, I will not put in any orders today. Reason is because of the impending Non-Farm Payrol (NFP) news this evening.

This particular news event can certainly cause a lot of upheaval (I refrain from using the word "earthquake" or "tsunami", out of respect to those who have suffered such calamity recently in Padang, Indonesia and Samoa) in the financial markets.

So for now I'm gonna be sitting on my hands and just see what happens, once the NFP results are released in a few hours time.

Thursday, October 1, 2009

Broken Trend


EUR.JPY trade was stopped out today, when price broke thru both the daily trend line . as well as the 150 level.

Quick Luch Money!


Did not have time to post this under "Active Trade" post. I put my order in, and promptly went for my after noon nap.

Woke up, saw price struggling to go past the bar lows, took my profits and run.