LONG AUDUSD
current price : 0.7040
target price : 0.7140
rba cut rate to 6% surprising the market by more than 50 basis points. however, think aud was oversold yesterday.
Tuesday, October 7, 2008
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for every winner there must be a loser!
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October
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- watch out for 21 oct 2008
- trading ideas result - 15 oct 2008
- fx trading ideas
- who has the dough???
- the ransom is paid
- negative growth + inflation
- can the eur survive
- trading ideas result - 7 oct 2008
- fx trading ideas
- stop loss orders
- trading ideas result - 30 sep 2008
- singapore lost a good man today
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a little about me
i started with the financial industry in the mid 90s as an equity dealer for a brokerage firm. it was an exciting time to be in the stock market; equity was in a stage of "irrational exuberance" but ended some years later with a major correction. then as a young trader, i had made and lost a good deal of my own personal money. but most importantly, i have learned the most unforgettable lesson about the financial market which has served me well to this day.
INVESTOR BEWARE!
THE MARKET IS MERCILESS!
later in my career life, i went on to work for an american bank in their wealth management division. missing the excitment of trading, i left not too long after to join a hedge fund as a forex trader.
over the years, i am fortunate to meet and work with many clients and friends that have been faithfully supporting me. with the creation of this blog, i hope i can continue to provide my own insights on the various financial markets and some of the global events that are taking place. hopefully you will find my sharing useful.
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disclaimer
the content in this blog is purely personal. please do not take my opinion as a solicitation to invest or offer to trade. and remember, investor beware the market is merciless!!!
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