Posts Tagged audusd

Some trades the other day…

Some trades the other day...

I made two trades the other day which worked nicely. I placed these trades on the 2nd September around 22.00 GMT. I went long EUR/AUD at 17353 with a 100 point limit and a 50 point stop. I also went short AUD/USD at 8366 with a 100 point limit and 50 point stop. I woke up the following day, both targets hitting their limits and making me 200 points!! Hoorah!

September 4, 2008 No Comments Full Story

Caution in the markets

Caution in the markets

I have been rather cautious with my trading as the markets seem extremely volatile whipsawing as uncertainty seems to take grip. As a result, I have been extremely selective in my trading and hence the rather less frequent updates on the website. However, on Friday, I did make a trade on the AUD/USD forex chart. I traded this as I saw negative divergence on in the 4 hour chart on the stochastics as the market had hit a second high at around 0.9630. The stochastics also crossed and my trend si

July 7, 2008 No Comments Full Story

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