Shorted GBP/USD last week.The trade is still open. Trading is based on channel pattern and bounce off the resistance. Since the counter has been tracking this channel nicely last few weeks, it is quite a good trade. Apart from that, the 1-hour & 4-hour charts are inline with daily chart. This kind of pattern is not easy to find.
This web log was initially created for people who trade Singapore Stocks over "weekends". It has now evolved into real trading logs and analysis of market and stock situations using technical analysis. This becomes a record of my trading and lessons learned from trading. For more trading lessons please visit: Good Investing Lessons or Good Investing Lessons (Old)
Monday, October 29, 2012
Short GBP/USD Oct 26, 2012
Wednesday, October 24, 2012
Currency Trade: EURGBP Oct 23 2012
Currency Trade recommended by Kathy Lien:
Comment:
Probably need to wait for a few days to see if the trend really reverse.
Comment:
Probably need to wait for a few days to see if the trend really reverse.
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About Me
- ES Sei
- I'd like to share my experiences and knowledge about healthy and happy living as well as mid-life crisis. 不以物喜,不以己悲。