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Friday 12 March 2010

AUDUSD Trade 3rd March 2010

Sorry folks, I'm a bit late getting this one online; life in general and business in particular kept getting in the way. Anywho, here's an explanation of the the last trade which pulled us a nice 100+ pips.

Please feel free to ask for any clarification you need.

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Tuesday 16 February 2010

AUDUSD 16 Feb 2010 _ Trade closed

Pleased to say the last two trades closed with a nice profit and I've opened a new one based on the retracement to the 0.9000 area. I'll let the video speak for itself as I've also covered some of my thinking on how I manage running trades to lock my profits in.
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AUDUSD 16 Feb 2010

I've added another trade to the existing position, which has some profit locked in now. We are close to a Resistance area but I felt it was worth looking for a run up to that level with the promise of a breakout above it.

There is some Support being created after the big run up to.8957 so this may appear to be risky but I have often found this to be profitable in the past.
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Thursday 11 February 2010

Nice little winner....

A tidy 74 pip winner on the last AUDUSD trade and only a small position but while the market is still in flux there's no point being too aggressive.

I'll be looking to see if price can climb and hold above the Daily close at 0.8868 so, for now, I'll leave the pending Buy Stop in place.

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Wednesday 10 February 2010

AUDUSD Trades 9/10 Feb 2010

Better late than never, here's an explanation of the last winning trade on this pair and an explanation of the pending orders currently in place.

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Friday 5 February 2010

USDCAD Short 5 Feb 2010

I won't bore you with the thinking on this one as it's all in the video.

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Thursday 4 February 2010

I forgot about this one

I've had this in my bookmarks for a while and tripped over it tonight. It should give you a chuckle, though.

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