Thursday, September 16, 2010

2010-9-15 -AUDUSD - Long (2 attempts)

Yes, i havent been trading well and much lately...

Rather busy at the centre with the main teacher away for Hari Raya celebration,  i have been bogged down by little children but i am still having fun with them! they are the sweetest children one can have!

Market finally reacted and broke out of the consolidation for most pairs... thanks to BOJ announcement too! Gosh... the Yen pairs just shoot up, without losing steam for 2 days straight.... Bo bian, have too look for other pairs to trade...

Here goes:
2010-9-15 -AUDUSD - Long (1st attempt - failed)


2010-9-15 -AUDUSD - Long (2nd attempt - Scaled out bits)

There are several other pairs I would have traded... but my lack of conviction caused me to give the trades a miss.... namely the EURGBP (Short) and GBPUSD (long)... in the end, chose AUDUSD instead, which failed to move up much...

Alas, the life of a Trader is full of more Downs then Ups!
But hey! I love Downs.... when it's all DOWN and RED, sentiments are so weak that i can SHORT better!

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