DislikedOh, I know... I'm already over it. Weather I win, lose or in this case stay flat all day, I only let it bother me for a couple of minutes, and then move on to the next trade setup.Ignored
daddybearforex. com
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DislikedOh, I know... I'm already over it. Weather I win, lose or in this case stay flat all day, I only let it bother me for a couple of minutes, and then move on to the next trade setup.Ignored
DislikedTo be honest, I am expecting a so-so news from Washington in these two days. This news will prop up the Aussie to a much higher ground.Ignored
DislikedDaddyBear, even if US goes off the cliff, could be impetus for Aussie to move higher.
I get the knee jerk reaction to buy dollar, take risk off, but beyond that, the US going off the cliff is bad for dollar as higher taxes and less spending will translate into slower economy with Fed less likely to raise rates and the Fed very likely to flood market with liquidity to prevent a negative initial shock.
Deal will boost all risk currencies as evidenced by negative reaction to rumors of cliff.
Looks like your foundation should hold although the market...Ignored
DislikedGood point. There will be four scenarios:
Over the Cliff - Risk On
Over the Cliff - Risk Off
Avoid the Cliff - Risk On
Avoid the Cliff - Risk Off
Higher taxes and lower spending may in fact boost the Dollar. IMOIgnored
DislikedAfter putting money at the foundation floor, the Aussie took off and got 20 pips already. This is going to be the best trade after Christmas.Ignored
DislikedI agree that there does not seem to be many people around, but like you, I've had some pretty good days. In fact this is the best holiday season I've traded. I think there is more volume that previous few years, and the price action is more "rational" and tradeable. No strange spikes and gaps.Ignored
DislikedAfter looking at H4 chart, I got a feeling that the bears may not be done yet. May be the rebound is done and the Aussie is ready for a dive.Ignored
DislikedLooks like the Aussie will stay at this level for a while. May be a few more hours. IMOIgnored
DislikedAfter looking at H4 chart, I got a feeling that the bears may not be done yet. May be the rebound is done and the Aussie is ready for a dive.
The Cliff issue makes traders very nerves. Now I try to lock up the profits as soon as possible.Ignored
DislikedThe foundation has been tested, retested and retested again. The inspector has approved the work. IMOIgnored
DislikedOh, I know... I'm already over it. Weather I win, lose or in this case stay flat all day, I only let it bother me for a couple of minutes, and then move on to the next trade setup.Ignored
DislikedHi DB,
My ADX system is also showing that a test of low or beyond is in the cards for AUDUSD.
TTIgnored