Monday, March 31, 2008

31 Mar 2008

Deuteronomy 16-17, Luke 9:7-27, Psalm 72, Proverbs 12:8-9

Luke 9:23 And he said to all, “If anyone would come after me, let him deny himself and take up his cross daily and follow me. 24 For whoever would save his life will lose it, but whoever loses his life for my sake will save it. 25 For what does it profit a man if he gains the whole world and loses or forfeits himself? 26 For whoever is ashamed of me and of my words, of him will the Son of Man be ashamed when he comes in his glory and the glory of the Father and of the holy angels. 27 But I tell you truly, there are some standing here who will not taste death until they see the kingdom of God.”

From the eyes of a child, what does taking up the cross means? To my boy, what is then to follow Jesus and seek not the world and put Christ as everything?

To my boy, study hard is his job. He need to do well on par with the ability God has given him. As parent, I will mould him and guide him, so that he will show his best potential. It is not about following the flow, nor about gaining a good result and to be among the very top as the main priority.

To the adult, the focus is on Christ, but again, not to be fool or slugguard! In all we do, remmeber Christ, it is all about Christ. Christ first, Christ is important and in all I do I do it for the sake of Christ who love me.

In the same way, I told Josef that he should remember Christ, the talent God gave him, his results, his good works all reflect on God. Remember Jesus, and remember the heartbeat of God. In all he do, least that he remember to give glory and give testimony to God and in doing so, tell them about Jesus who die for Josef and die for all of us.

Remember the heartbeat of the Father. In the daily flow of life, remember - gain the world world for Christ and not gain the world for yourself and in doing so, forfeits your life. This is not a passive or a consolation statement - "well I not not that good as my peer, but so what - why busy like them, earn so much, so what gain the world and loses your life..."

It is about the heartbeat of the Father.

31 Mar 2008

GJ
I am expecting the price to be contrainted within 200.5 and 198.7. However, should it break above 200.5, it has the potential to go to 204.2

Of course, should it break below 197.5, it should reach 195.6.

I have now 213. 212.2, 211.2, 208.1, 206.65, 206.2 , 203.9, and 203.1. Eight open position.

Position at 197.6 filled and TP 199.0 (+140 pips)

I have placed another long position at 198.3, TP 200.0

GU
My position at 1.9980 filled. Now paper loss. Set TP at 2.0040

Friday, March 28, 2008

28 Mar 2008

GJ
I have now 213. 212.2, 211.2, 208.1, 206.65, 206.2 , 203.9, and 203.1. Eight open position.

Position at 195.7.5 was not filled.

I have placed another long position at 197.6, TP 199.0

GU
Short limit order at 2.0205 not filled.

I have place a long limit order at 1.9980, TP 2.0040

Thursday, March 27, 2008

27 Mar 2008

GJ
I have now 213. 212.2, 211.2, 208.1, 206.65, 206.2 , 203.9, and 203.1. Eight open position.

Position at 197.5 was not filled.

I have placed another long position at 195.7, TP 195.5

GU
Position short at 2.0002 filled and TP at 1.9940 (+62 pips)

I will placed a short limit order at 2.0205, TP 2.0015

Wednesday, March 26, 2008

26 Mar 2008

GJ
I have now 213. 212.2, 211.2, 208.1, 206.65, 206.2 , 203.9, and 203.1. Eight open position.

Position at 195.5 not filled.

I have placed another long position at 197.5, TP 200.5

GU
I will placed a short limit order at 2.0002, TP 1.9940

Tuesday, March 25, 2008

25 Mar 2008

GJ
I have now 213. 212.2, 211.2, 208.1, 206.65, 206.2 , 203.9, and 203.1. Eight open position

I close my 198.5 at 199.4 (+90 pips)

I have placed another long limit order at 195.5.

GU
Again, not placing trade.
Need to reserve some margin for GJ.

But should I play I will place a long at 1.985, TP 1.990 (EMA200 1 hour chart)

Monday, March 24, 2008

24 Mar 2008

GJ
I have now 213. 212.2, 211.2, 208.1, 206.65, 206.2 , 203.9, 203.1 and 198.5. Nine open position.

I have placed another long limit order at 195.4.

GU
Again, not placing trade.

Need to reserve some margin for GJ.

But should I play I will place a long at 1.974, TP 1.991 (EMA100 daily chart)

Thursday, March 20, 2008

20 Mar 2008

GJ
I have now 213. 212.2, 211.2, 208.1, 206.65, 206.2 , 203.9, 203.1 and 198.5. Nine open position.

I have placed another long limit order at 192.0

GU
Again, not placing trade,.

Need to reserve some margin for GJ.

Wednesday, March 19, 2008

19 Mar 2008

GJ
Order at 192.8 was not filled.

Close 194.2 at 201.2 (Profit +700 pips). Biggest haul I ever had in a single transaction!

I have now 213. 212.2, 211.2, 208.1, 206.65, 206.2 , 203.9, and 203.1. Eight open position.

I have placed another long limit order at 198.5.

GU
Again, not placing trade, waiting for dust to settle.

But GU should be making a up trend.

Tuesday, March 18, 2008

18 Mar 2008

GJ
I have now 213. 212.2, 211.2, 208.1, 206.65, 206.2 , 203.9, 203.1 and 194.2, nine open position.

I have placed another long limit order at 192.8

GU
My short position at 2.0197 ,TP at 2.0050. (+147 pips)

GU may rebound off 2.000 and head above 2.100, like the way EUR hit above 1.58! Or it may plunge below 2.000 and like the US economy, UK go down and hit below 1.900

Not placing any position.

Monday, March 17, 2008

17 Mar 2008

GJ

Besides my open positions, I added another at 194.2.



I have now 213. 212.2, 211.2, 208.1, 206.65, 206.2 , 203.9, 203.1 and 194.2, nine open position.



It was first calculated at 195 for support, but potentially, GJ may move towards 190. I have placed another long limit order at 190.0. Hope that bottom is reached.



GU

My short position at 2.0197 is making paper profit now. Set TP at 2.0050.



Not adding position, while waiting for Fed interest rate annoucement. GU may rebound off 2.000 and head above 2.100, like the way EUR hit above 1.58! Or it may plunge below 2.000 and like the US economy, UK go down and hit below 1.900

Saturday, March 15, 2008

15 Mar 2008

GJ
GJ did a major dive towards 200! So it break south, meaning that the UK economy is worse off than Japan.

I have added 203.1, bringing a total of 213. 212.2, 211.2, 208.1, 206.65, 206.2 and 203.9, eight open position.

Let see on Monday, I may add another few more positions at 200.1, 199.1. It all depends and need to re-calculate where is the next support line.

GU
I have 1 open position at 2.0197 (nearly breaking even)

Two trades was filled yesterday.

Long order at 2.0227, TP 2.0312 (+85 pips)
Short order at 2.0352, TP 2.0273 (+79 pips)

Friday, March 14, 2008

14 Mar 2008

I was not free to place trade for today until now (1630 SGT)

GJ
Added another long position to my collection.

I believe, it will be a matter of time before this pair do a big big run and hopefully up. The US economy is confirm going into a recession. Even Fed will to cut interest rate next week, it will further push the GBP up. US is the biggest economy. JPY is the second. It cannot miss that cold. Therefore, comapring who will get worst - UK or Japan, my bet is on Japan.

Now I have 213. 212.2, 211.2, 208.1, 206.65, 206.2 and 203.9.

I am placing another long at 203.1

GU
All is waiting, GU is consolidating. It attempted to hit the Fib retracement at 2.0475 and managed to cling half way.

My short position was filled at 2.0375. TP not hit at 2.0275, but vlose trade at 2.0375 (+40 pips profit)

How Gu will move today, CCI show down, but seemed that GU refuse to move down. Feb cut will boast the up movement.

Therefore I placed a long limit order at 2.0227 (EMA100 1 hour chart), TP 2.0312 (EMA21 1 hour chart)

I also place a short limit order at 2.0352 (around peak for yesterday and today), TP 2.0273 (EMA55 1 Hour chart)

I still have one short position open at 2.0197 (paper loss).

Thursday, March 13, 2008

13 Mar 2008

GJ
No trade filled or close.

I have the following long open position: 213. 212.2, 211.2, 208.1, 206.65 and 206.2.

I am placing another long at 203.9.

GU
My short order was filled at 2.0197, (paper loss).

I have placed a long limit order at 2.0160, TP 2.0260
I have too placed another short limit order at 2.0375, TP 2.0275

Wednesday, March 12, 2008

12 Mar 2008

GJ
Yesterday, no trade triggered or filled. I still have the following open long position, 213. 212.2, 211.2, 208.1, 206.65 and 206.2,
I am placing another long at 203.7
I expect GJ to climb much higher after yesterday rebound off year low.

GU
Yesterday, short limit order filled at 2.0107 and TP at 2.0040 (+65 pips).

I am watching today, it is a big range from 2.0220 to 1.9900, before GU can determine a trend. I am expecting the side movement to contiune this few days.

I have placed a long limit order at 1.9922, TP 1.9990 and a short limit order at 2.0197, TP 2.0105

Tuesday, March 11, 2008

11 Mar 2008

GJ
In addition to the following open long position, 213. 212.2, 211.2, 208.1, 206.65 and 206.2,
I am placing another long at 203.7

So far I am enjoying the interest earn and of course my expectation is that it will be a matter of time a big reversal will take place for this pair. It has been hovering around the year low support. Even so, it it were to break it, the next support is the physchological price of 200.0

GU
Yesterday, short order filled at 2.0178, TP 2.0147 (+30 Pips)

I am expecting the price to hovers around EMA100 (2.011) (1 hour chart) and EMA200 (2.0036) (1 hour chart) today and break out of EMA200 (2.003) (1 hour chart) towards support at EMA200 (1.998) (daily chart)

I have place a short limit order at 2.0107, TP 2.0040
Also a long limit order at 1.998, TP 2.0020

Monday, March 10, 2008

10 Mar 2008

GJ
I am still waiting for the beakout north. Not placing any trade today.
The first TP is at EMA55(daily chart) at 210.5 for two of my lower priced orders.

GU
I am expecting a reversal.
I have placed a short limit order at 2.0178, TP 2.0147 (EMA 55 1 hour chart)

Friday, March 07, 2008

7 Mar 2008

I will not be trading/ monitoring today. I will be away having a weekend getaway with God. No family members, only I go.

GJ
I managed to close the 204.4 long position yesterday with a +300 pips profit at 207.4, when the market runs last night.

I opened another long position at 206.65.

Currently I have 213. 212.2, 211.2, 208.1( TP 211.4), 206.65 (TP 208.4) and 206.2 (TP 208.4)

GU
Long order filled at 2.0050 and TP at 2.0100 (+50 pips).

I have placed a long limit order at 1.997, TP 2.0020

Thursday, March 06, 2008

6 Mar 2008

GJ
Again, I am not opening any trade today.I have the following long positions still open 213. 212.2, 211.2, 208.1, 206.2 and 204.4

I set my first TP at 208.5 (EMA21 daily chart), for 204.4 position.
For 206.2 position, I set the TP at 211.3 (EMA55 daily chart)

Paper gain for the above 2 positions.

GU
First, short order filled at 1.9795, TP 1.9755. (+40 pips)

Then long order at 1.987, TP at 1.996 (+90 pips)

I will place a long limit order today at 2.0050, based on Fib retracement and breakout of 2.0000, TP at 2.0100 (Fib Retracement)

I will too place a short limit order at 1.982 (EMA200 1 hour chart) and TP at 1.972 (EMA21 daily chart)

Wednesday, March 05, 2008

5 Mar 2008

GJ
Again, I am not opening any trade today.
I have the following long positions still open 213. 212.2, 211.2, 208.1, 206.2 and 204.4

The bounce off year low support at 204~203 took place and currently, not closing my 204.4 position, even though it is noe black. I have set the TP for it at 208.9 (EMA21 daily chart). Price now at SGT 1000 is 205.0, paper gain.

GU
Long order at 1.987 filled, trade still open. Paper loss.

Placed a short limit order at 1.9795, TP 1.9755.

I am expecting a breakout to happen.

Tuesday, March 04, 2008

4 Mar 2008

GJ
I am not opening any trade today.

I have the following long positions still open 213. 212.2, 211.2, 208.1, 206.2 and 204.4

The bounce off year low support at 204~203 took place and currently, not closing my 204.4 position, even though it is noe black. I have set the TP for it at 208.9 (EMA21 daily chart).

GU
No order placed yesterday was filled.

I have placed a long limiti order at 1.9870, TP 1.996 and a short limit order at 1.9800, TP 1.9750

I am expecting a breakout to happen.

Monday, March 03, 2008

3 Mar 2008

GJ

Short position at 210.2 was TP at 209.2 (100pips profit)
At current I have 5 longs order position open at 213, 212.2, 211.2, 208.1, 206.2

I have placed another long limit order at 204.4, expecting a reversal.


GU
Took profit when short limit order at 1.986 was filled and TP at 1.9805 (55 pips)
The other long limit order at 1.9705 was not filled.

I have place a long limit order at 1.9805, TP 1.9862