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Short AUDUSD

stripedcat07 Publier 6 mai dans #Trader's blog

RBA Monetary Policy Statement indicates weak fundamentals. Consider the following:
- Slowing growth in China
- weak commodity prices
- declining investment spending in resources sector
- weak labor markets and growing unemployment
- declining wage growth
- strong fundamentals out of the US
Plus a developing head and shoulders pattern on the 4-hr charts.
Target: 0.9050
(I am not a big writer, but the blog asks me to post at least 100 words in order to be able to publish. So, am going to use this …

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My Journey as Trader of the Year

stripedcat07 Publier 22 avr dans #Trader's blog

My journey into Forex trading was rather fortuitous. I had been trading for several years prior to then, primarily in equities and debt instruments, mostly based upon my academic training through business school and on-the-job experience working in the industry. I ventured into Forex about 7-8 years ago, with a small stake, mainly to test the waters, and it has become the mainstay of my trading since.
As with most traders, I went through the various phases of success and failure, trying to under…

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stripedcat07's Blog

Short AUDUSD

My Journey as Trader of the Year