Sunday, March 23, 2008

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...

Monday, March 10, 2008

Trades & Journal Updates

Forex
Right, i was finally taken out of my eurgbp trade for 140 pips profit (approximately 1.5R). I took a direct short immedietely after that (0.7635) current stops are residing at BE.

Sg Stocks
STX PO : Showing interesting developments. Will keep watch for the next few days.
Wilmar : Resting on an important 200 SMA. Buy stop placed at $4.20, Stop Loss at 3.92.
SIA : Making Interesting developments, a possible long trade could be on the cards. Keeping Tabs

I havent been active lately and have been finding it hard to get my feets wet again. Be very cautious with those long trades.

Wednesday, March 05, 2008

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.