Tuesday, July 22, 2008

Overnite trades

Short: GBP/JPY 214.50 ( 1 lot)
GBP/JPY 214.25 (1Lot)
GBP/USD 2.0072 (2Lots)
EUR/USD 1.6000 (2lots)

We'll see if any get hit lol..
^^

Anil

i got screwd in gbp/jpy.. -_-
Should have listen to myself and make the lvls higher lol o well..

Tuesday, July 15, 2008

My current trade

EUR/USD : Long 1.59110.
Closed at 1.59121 as it was going no where.

Monday, July 14, 2008

How I trade.

Overall.. my trading is rather simple.
I use indicators such as RSI (expo)(simple) to see overbrought or oversold terrortories. I would than take 1 lot short or long depending on the conditions (overbrought or oversold). Normally it will go abit higher or lower from my point of entry. Than I will take another long or short from there again. Fundamentals news are very important too and than after that its just the market trend.
Good trading all~
XoXoXo
Anil

current :$240.. I fcked up bad it seems lol.. gotta learn gotta learn.
5.28am est : $244.34
a pretty bad day i would say.
Overall a bad day. Time to think and learn about the mistakes. ^^

Anil
P.S: From now I am posting my trades

Sunday, July 13, 2008

A new week yet again

Starting off with $431 Dollars.. let's see what I can do with it.
This past week has been hectic for the US economy cause of Freddie Mac and Fannie Mae both suffering cause of the Housing problems.
Will this week be a better week for them?
Their shares went from 72 to 6 in just 2 days.. Will they recover?
We'll see..

Current: $446.70

Anil

Friday, July 11, 2008

Account Update

Current 9.05am Est: $386.20
11.30am EST: $414.10
3.30pm EST: $438.00

Anil

Thursday, July 10, 2008

Taking advantage of rollover rates

This caught my eye recently or eitherways I was too dumb not to notice it.
This is from the platform that i trade on.

Currency Pair Bid Offer P/L in USD if long per lot P/L in USD if short per lot
EUR/USD -0.000210 -0.000070 0.70 -2.10
USD/JPY -0.013000 0.001000 -0.09 -1.21
USD/CHF -0.000090 0.000050 -0.49 -0.88
GBP/USD -0.000270 -0.000130 1.30 -2.70
AUD/USD -0.000260 -0.000120 1.20 -2.60
USD/CAD 0.000060 0.000200 -1.98 0.59
AUD/CAD -0.000180 -0.000040 0.40 -1.78
AUD/CHF -0.000260 -0.000120 1.17 -2.53
AUD/JPY -0.027000 -0.013000 1.21 -2.52
AUD/NZD 0.000000 0.000140 -1.06 0.00
CAD/CHF -0.000150 -0.000010 0.10 -1.46
CAD/JPY -0.015000 -0.001000 0.09 -1.40
CHF/JPY -0.014000 0.000000 0.00 -1.31
EUR/AUD 0.000050 0.000190 -1.82 0.48
EUR/CAD -0.000060 0.000080 -0.79 -0.59
EUR/CHF -0.000180 -0.000040 0.39 -1.75
EUR/GBP -0.000010 0.000130 -2.57 -0.20
EUR/JPY -0.026000 -0.012000 1.12 -2.43
EUR/NZD 0.000100 0.000240 -1.82 0.76
GBP/AUD 0.000080 0.000220 -2.11 0.77
GBP/CAD -0.000180 -0.000040 0.40 -1.78
GBP/CHF -0.000240 -0.000100 0.97 -2.34
GBP/JPY -0.034000 -0.020000 1.87 -3.18
GBP/NZD 0.000100 0.000240 -1.82 0.76
NZD/CAD -0.000230 -0.000090 0.89 -2.28
NZD/CHF -0.000260 -0.000120 1.17 -2.53
NZD/JPY -0.025000 -0.011000 1.03 -2.34
NZD/USD -0.000210 -0.000070 0.70 -2.10
USD/HKD -0.000310 -0.000170 0.22 -0.40
USD/SGD -0.000200 -0.000060 0.44 -1.47
SGD/JPY -0.002120 -0.000990 0.09 -0.20


As you can see.. Let's say I want to long term trade Eur/Jpy cause i know and feel that it has alot of potential to the upside.
What i would do is set up a long trade at the lowest point that I can. Than i would long term trade it. Everday at 5pm est, roll overrates come into effect and my long positions is daily credited by (-0.012) which is roughly 1.2pips of profit per day jsut by roll over rates. Roll over rates really depends and changes on a day to day basis depending on how the market is. It can be big and small like how it is now. Yesterday it was 4.2 pips.. I guess it really depends on the market.
Just a heads up.
EUR/JPY -0.026000 -0.012000 1.12
Anil

Wednesday, July 9, 2008

T_T

Gotta hate it when your system trades doesn't get approved when you place them.
Well this was what happened.. Before i went gym.. i Played orders 2 orders.
1 for GBP/JPY to hit 212.3 and USD/NZD to hit 0.7620... Apparently both hit and They were not played out by the server <.< That made me wave my 200$ bb -_- for nothing >.>

oh well -__-
July 10 7am est :$311.70 >.>
Anil

Tuesday, July 8, 2008

Overnite trades

Since there's gonna be a shit load of data overload. I will place a short at 212.20
Profit at 211.2
Long at 210.2 Profit at 211.5

Good nitez

Anil

Sunday, July 6, 2008

A new week

A new week has began and this week I'm gonna start off with $210 and build my way up.
Most important stuff of the week is..
will the EUR recover? we might see a 100 pip recovery back overnight maybe..

July 6 6.54pm : $223.16
July 7 11.31pm :$235.06
July 8 5pm est: $263.00
July 9 1.52am est: $302.78

most of these trades if i kept them would have earned 200$ more T_T

Wednesday, July 2, 2008

ECB rate decision... Wat'll be of the market?

Remember how FED held rates steady which sent the usd/jpy.. from 108.40 to 105.1 (lowest) currently at 106.01.. Imagine what will happen if ECB cut rates or keep it steady instead of what their hawkish attitude has been implying for the past week that has made the EUR/USD KING.. surging from 1.55 to 1.588 seems like a whoop-pa right there.. If they don't increase the rates.. Good Game to Eur/USd.. it will prob go down to 1.50 pretty fast due to the lots of overbought but little of selling for the past week.
Remember it's the time where there's gonna be lots of volatility. So one might wanna play it with caution.

Good Trading all~

Anil