Friday, October 2, 2009

FXCM Micro

I find it very hard to trade the currency options due to low volume and wide spread. At the moment I'm just breaking even.

Anyhow, I have opened a account with FXCM Micro. At the moment, I'm trading using their demo account. Still trying to get the feel of the currency movements. Trying various strategy to see which suits me the best.

Thursday, May 28, 2009


JPYUSD Daily Chart

Monthly chart shows it will test 125. Weekly MACD almost going into positive. Daily is still up. If can break downtrend line, it will be pushed higher. Bought Jul 2009 call.

Thursday, May 7, 2009


CHFUSD Weekly Chart

Broken the immediate downtrend line. Should challenge the next downtrend line. Resistance: 93.00. Weekly gives a weak buy. Bought 2009 Jun Call.

Wednesday, March 25, 2009


AUDUSD Daily Chart

Based on the daily chart, it is overbought. Bought 2009 Apr PUT.

Friday, March 20, 2009


EURUSD Daily Chart

Almost at the resistance line. Bought EURUSD April PUT.

I find that using EMA method is not giving me much buy/sell signal. So, I have decided to switch to daily Stochastic.

Thursday, September 4, 2008

Good start

1st luckly trade. Closed JPYUSA (+) in the month of August. Since there are only 6 pairs of options. I can't do much in currency trading because the signals are only generated once a while.

Saturday, July 26, 2008


JPYUSD Weekly Chart

My first trade in currency! Uptrend broken. Rising flag also broken. Long on PUT.