22/06/12 Short AUD/JPY

Took this short trade on AUD/JPY last Friday. Planning to take profit at 78.40 but price seems to be having a hard time going pass 79.50.

Trade update (29/06/12):Close trade at 79.40 with profit. It might go down further but 79.50 seems tough to pass through for now.

Short EUR/CAD on 25th May 2012

Took this EUR/CAD trade on last Friday. It has not hit my open price yet. 

Open Price  : 1.2858 
Stop Loss    : 1.2947
Take Profit  : 1.2780 
 
Will close this trade tomorrow if it is still not hit. 

Take Profit hit.

Good Friday, No Trading?

Since today is Good Friday and most major countries are having their holidays. I won't be doing any trading. The daily chart of AUD/JPY pair looks interesting but since it's a holiday, I will be passing it.


Bare in mind that banks will be close which means that there will be low in liquidity. Probably the movement of the price depends on retail traders which may be very unpredictable. Time to take some time off from forex. :)

03/04/2012 Short EUR/CAD [Close]

Open Price: 1.3179
Stop Loss: 1.3341
Took this trade yesterday based on the weekly trend line and the 1.3250-1.3200 area. This trade is still open at the moment.

Close this trade when price reaches 1.3050. Seems like price keeps on going down at the moment I update this post. Guess I can't grab every pip of it. Should be grateful to close this with positive pips.