Welcome to my Trading Blog

Disclaimer: This is my personal Blog, reflecting my very own views on Forex , shares and commodity tradings. As such, all informations provided here are barely for information purposes only,. The author should not be held liable for any errors, incomplete information, delayed messages, or for any actions taken in reliance on information contained herein.This blog is new, being established on 06,May.2010. While I am executing trades, posting will be sent simultaneously. The date/Time indicated here is of US Pacific zone(++15 Hours for Singapore/KL/Beijing, Or ++7 hours GMT)

Thursday, May 20, 2010

AUD/USD,.... The shorted pair has just yielded +155 pips !!

Traders who have Sold(Shorted) the pair has just collected a profits of over 155 pips for the hardly  1 hour. trading duration.

Do you think it is Fantastic !!

Please do refer to my previous posts(Few Hours Ago) on the AUD/USD trading for more information and  Technical analysis.

Do make sure that your trailing Stop is working just in case RBA comes to the  Rescue of the AUD anytime !!
Taking partial profit first and cut down your position now. Make sure tighter Stop Loss is working .in your trading,

From the way the direction pointing, I do predict that,,  basing on the strong downward momentum,and extreme Bearish mood , agreeing with all Indicators results, the 0.8000 psychological level will be broken down to pieces in the next few hours of trading sessions. Just be  aware that RBA may come in to defend her AUD anytime NOW .... BE CAUTIOUS ,,,


HAPPY TRADING  & DO  ENJOY YOUR LIFE !!
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