May 2010 Monthly Archive
Eww! It looks like the range broke and the pair just fell to the 0.8100 handle. Needless to say, I missed the move downwards. … More…
Posted 22:40 25 May 2010 by Happy Pip
Finally! Thanks to risk aversion spurred by the usual debt contagion fears, the USDCAD zoomed all the way up to my profit target at 1.0700. It seems that the Loonie got badly hit yesterday despite the strong economic reports from Canada.… More…
Posted 22:52 20 May 2010 by Happy Pip
Wow! What heck has been happening to the Aussie?! It just dropped 700 pips this past week! Looks like I was too conservative on my trade!… More…
Posted 22:25 20 May 2010 by Happy Pip
Geez, yesterday wasn't such a happy one for me since my short USDCAD got triggered then stopped out in just a few hours. Apparently, traders freaked out and sold off higher-yielding currencies when risk aversion came back to haunt the markets. … More…
Posted 23:05 04 May 2010 by Happy Pip
Even though the USDCAD rose sharply on Friday because of some poor economic data from Canada, I've decided to close my trade. New developments over the weekend have made me change my outlook on the pair. … More…
Posted 05:03 03 May 2010 by Happy Pip