Saturday, October 16, 2010

Means to an End

How would you feel...
if you finally landed the job you wanted since way back in freshman year?

Been getting away with too much luck all my life.

Thursday, October 14, 2010

Take Profit AUDUSD Crncy

AUD/USD pair has been on steroids in the past few weeks. It's now flirting with the all time high, at resistance set in July 2008, at a level above 0.99 to the dollar. Well think about it, this basically means parity to the USD. I think sell la. Enough profit already.

Tuesday, October 5, 2010

Pity the Fool...

... Who isn't long on something right now!

Welcome to the 4Q rally, fool!

Saturday, October 2, 2010

Drawdowns

From a drawdown of 50% on my equity at the beginning of September, I managed to claw myself back up to square one by the end of the month. Phew! Longs on EUR/USD, AUD/USD and GBP/USD paid off. Shorted USD/CHF but this was stopped out with stop loss order (though while in the black, so no complaints).

One exciting month.

EUR/USD has busted 1.37. I dont know what to think anymore, but heuristic biases should be ignored; just follow the trend (though the gap from the MAs are widening like crazy).