Wednesday, July 4, 2012

4th July 2012 US Bank Holiday

Since today is the US Bank Holiday, I'll not be taking any trades just to be safe.

Wanted to take a long trade on the AUD/USD based on the weekly BEOB but did not.

Daily Chart:











Weekly Chart:


Monday, July 2, 2012

02/07/2012 Short NZD/USD

2nd July 2012, Monday. Took a short trade on NZD/USD based on the 4 hour chart.










Lost this trade. Seems like a very risky trade against the 4 hour trend.


02/07/2012 Short EUR/CAD

2nd July 2012, Monday. Placed a short order at the low of Friday's pinbar.











Take profit target hit at 1.2760. It may go lower until it touches the trendline below. Maybe? Maybe not.


02/07/2012 Long NZD/USD

2nd July 2012, Monday. Placed a pending long order for NZD/USD if price reaches the support 0.7970. Will it get triggered?











This order got triggered yesterday (6th July 2012, Friday). A bit worry on the weekly bearish pinbar. Probably going to move to BE as soon as possible if I have the chance.











Took a small loss on this trade and placed a short trade based on the weekly bearish pinbar.