Trade with the Trend, the Trend is Your Friend
Here is this week’s update Short Positions (Initiated and Stopped Out) GBPAUD Shorted when it was turning around. Too bad it did not work out. Exited half of the following short postions. Short Positions (Exit Half) Indofood Agri Resources Ltd Wing Tai Mapletree Logistic Trust It’s good to take some profits for the above three Read More …
Here is the update for this week Short Positions (Initiated and Exited Half) EURJPY Had entered using the trendline break. Taken partial profit by exiting half position. Short Positions (Initiated) Indofood Agri Resources Ltd Shorted using trendline break. The rest of the short positions (Wal-mart, Mapletree Logistic Trust, SATS and Wing Tai) are still alive. Read More …
What a disappointing week! The following are positions initiated and stopped out. Short Positions (Initiated and Stopped Out) Entergy Corp PG & E Corp These are the stopped out positions Short Positions (Stopped Out) GBPAUD Overall a profitable trade. EURAUD Overall a profitable trade as well. The following are the newly initiated short positions Read More …
Added the following trade this week Short Position Wal-mart Stores Inc. This trade was initiated using the trendline break. Let’s see how the trade will develop from here. EURAUD and GBPAUD short trades still remain. As the market condition is still uncertain, only the Wal-mart trade was taken. If this trade can survive, then more Read More …
COMEX 2011 has just ended. I have just got myself a new laptop. (a.k.a money-making machine) Currently transferring my data to my new money-making machine. 🙂 Here is the update for this week. Stopped Out Short Position Jacobs Engineering Group Inc This trade was stopped out due to the short squeeze. Overall it was a Read More …