I've neglected these pages to some degree. Busy, busy, busy. Besides, the trade I highlighted here took some time develop. Eventually, it came to a satisfactory conclusion and here are the results.
http://img517.imageshack.us/img517/212/gbpaudeditedty6.jpg
Turned out to be a good trade despite long wait, netting 140 pips on first exit and over 400 on next. I'm looking at AUD-CHF now. Plan is to buy it at 0.9700 and look for appreciation to 0.9850 or 150 pips. Here is the chart.
http://img147.imageshack.us/img147/1442/audchfeditedzm7.jpg
Now we wait. I'm sure this trade will not take as long as last one and I'll make it a point to visit this page more often. To see the charts just click the links.
Good trading!
Showing posts with label Australian Dollar. Show all posts
Showing posts with label Australian Dollar. Show all posts
Saturday, November 24, 2007
Saturday, October 20, 2007
More Pound.
The pound looks strong at the moment and AUD looks weak. Nothing left to do but to give it ashot here. So here we go, going long GBP-AUD at 2.3065 with a goal 2.3270. This is a very conservative target as looks like there is a potential for 2.3500. But first things first .
Here is a link to the chart.
http://img148.imageshack.us/img148/3737/gbpaudcs8.jpg
Granicus.
Here is a link to the chart.
http://img148.imageshack.us/img148/3737/gbpaudcs8.jpg
Granicus.
Labels:
Australian Dollar,
Currencies,
Forex forecast,
Forex trading,
Money,
Pound
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