Dummy Du Jour

Sneak peek, warning its a dummy trade, i get no bragging rights for this…..

Gold Play, Done?

Is the gold play, done?

Looks like the chairman has called it correctly. Well so far, yes.

Remind me of a Gann article shared by a known trader
http://www.tradingfives.com/gann/wd-gann-newspaper-1922.htm

secrets…..

Trivia Question! Who sees the great USD comeback!

OMG! GBPUSD might be leading the way here. Fundamentally speaking, it makes no sense. But we do know that GBP is also ‘one of those nations’. I’m expecting the USD to make leaps and bounds forwards against the Britons and i said expecting, no confirmations there…

EURGBP, still good!

Looks like we are slowly facing an upward exhaustion….

stop placed at .7640.

lets see its developments over the next fe days.

DBS revisited… again

For those bulls, redemption might be near, or is it? We’ve seen the spike, we had the rally, the bears are trying to push down Singapores Financial behemoth again, will they succeed?

Do Rate Cuts Really Work?

Is the Rate Cut really of any help?

I leave you to be the judge,

chart attached 6mth trend since subprime and consequential rate cuts, dj and usdjpy….

Top charted my longs on euro. I’m done with the USD.

Anyone rooting for the USD?

?The weeklies are telling us some interesting developments of the USD.

Majors have indicated a possible reversal to USD weakness esp afetr the emergency rate cut by the Fed, fundamentally prostituting the USD.

But CAD AUD and NZD still indicates sustained USD strength.

Hard times. Is the USD really bound for death? Looking at the way the interest rates are being cut, it wouldn’t be long before we take USD our new favorite carry trade vehicle. heeeh.

Update on DBS

Look at her go…can we see $15.50? Well thats a target, for me at least. Annuoncement due in mid Feb, we’ll watch the developments till then.

We have suddenly seen huge price swings, extreme volatility, difficult times to trade. A word of advise for fellow traders, keep the stops HUGE and reduce the overall exposure, we are gonna see plenty of slippages.

AUSUSD Demo Trade Update

Well since this is a demo trade…no point flattering myself, just updating the position. Oh btw the account opened today, i’ll be TTing the money tonight and should be ready to trade in a day or two.

Demo Trading the AUDUSD

Since i’m still waiting for some account matters to clear up with the broker. Allow me to share a setup i took with the Aussie.