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Monthly Archives: April 2014

After looking through my technicals, including Ichimoku, MA, Bollinger bands, and stochastics, I decided that there were two potential trades: –

1) Long AUDUSD; stop if offered at 0.9256 (Spot 0.9236) and SL at 0.9230

2) Long Gold, stop if offered at 1,295.00 (spot 1,283) SL at 1,275

By the following morning Singapore time, nothing happened in the AUD, so I took out the order.  Guess what, my NY session, the AUD was at 0.9280!

My Gold order was triggered and it was LIVE, I followed the market till the NY session when it reached $1,305 and I decided to take profit at $1,303 for a trading profit of $8.