lol right......"the formations leading up"....good one.....keep trading data and you will see your account burned through faster than you can count to 1.
PS If you truly believe this quit now.
PS If you truly believe this quit now.
EUR/USD, AUD/USD, and CAD/USD ready to move up 2 replies
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The AUD/USD 1.00 EUR/AUD 1.60 GBP/AUD 2.00 Thread! 0 replies
AUD Trade Balance and AUD Retail sales 6 replies
Disliked{quote} I agree. Just saying it won't be too bad if he flops. Bad habits will be created though. Trading news is no bueno.Ignored
Disliked{quote} Well my strategy is rather complex and I don't really reveal it. Yet, I was able to hit this trade right on the head because of what I have been mentioning to many of you all along. Simply look at the trend of a currency the last 24 hours before market movement events. You will notice that the trend almost ALWAYS reverses in the short term. Being that the trend on AU has been RED for the last last 24 hours, do you really think that the price would of continued to drop when everyone is favoring the sell position?Ignored
Disliked{quote} 9:30 AUD Employment Change 14.2K 7.5K 18.1K AUDU employment Rate 5.8% 5.9% 5.8% This is what the spike was. News http://www.forexfactory.com/calendar.php#closed No one new the out come before the release (supposedly) so taking a trade when you did was very risky and certainly not worth risking an account on, if it was a negative number it would have likely been the reverse of what we saw on the up spike. But you are correct I don't know your strategy and wouldn't want you to reveal it here as it's none of business. Just giving...Ignored
Dislikedlol right......"the formations leading up"....good one.....keep trading data and you will see your account burned through faster than you can count to 1. PS If you truly believe this quit now.Ignored
DislikedOnce this news event is over, I'll share something with all of you AUD/USD traders. I am pretty sure it will help almost all of the position traders make accurate long term trades. Since making the switch to AUD/USD I've noticed that she has very nice extensions and reversals on the 15m time frame.Ignored
Disliked{quote} The noob would be traders who have high pip drawdown. If you spend more then 50% of your position in red as most of you guys do then you guys truly have no idea on how to profit from this market. Anyways see you guys at london open. Got a nice 100% profit on that spike up.Ignored
Dislikedprofiting on those spikes is more a matter of luck than strategy or skill.Ignored
Disliked{quote} 9:30 AUD Employment Change 14.2K 7.5K 18.1K AUDU employment Rate 5.8% 5.9% 5.8% This is what the spike was. News http://www.forexfactory.com/calendar.php#closed No one new the out come before the release (supposedly) so taking a trade when you did was very risky and certainly not worth risking an account on, if it was a negative number it would have likely been the reverse of what we saw on the up spike. But you are correct I don't know your strategy and wouldn't want you to reveal it here as it's none of business. Just giving...Ignored
Dislikedprofiting on those spikes is more a matter of luck than strategy or skill.Ignored
Disliked{quote} It appears you lack the ability of reading. I am very aware that the news caused the spike. If you look at my post 30 mins prior to the news released I did mention that I am taking a long positions because the overall trend of AU has been down over the last 24 hours. So the spike up after the news release was a much higher probability trade then an extension of the overall move! That is what I've mentioned several times, but you seem to be rather fixed on IF instead of stats, and facts which can be proven/dis proven if you did some research....Ignored
Disliked{quote} News is over and I have taken profit. Now I will resume normal scalping based on my setup! I have one account which hasn't margin called EVER. It has been over for well over 15 months. If you like I can link it to trade explorer. Since initial deposit well over 300%.. Now would you say that it is LUCK?Ignored
DislikedThe smart trade would have been on the pull back! Not prior to the data release... Like i said trade the pullback and profit. Lets see what this baby can do. (see if she can break and hold above next resist level)Ignored