But they were probably long when the KABOOM happened. I know I was
Nothing worth having is easy.
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DislikedI didn't use to read it back then. I'm not sure whether it was an option on the FXCM trading platform or whether they produced it twice a day back then. I've been reading it fairly regularly since about May 2009. When I'd assess my charts and if I was getting conflicting signals, I'd check to see how everyone else was placed. It's always secondary to my charts.
But they were probably long when the KABOOM happened. I know I wasIgnored
Dislikeda lesson learned, by most of us there. i still see .64 again, this time maybe it's a bit more obvious, hence why traders are short this timeIgnored
DislikedThanks Patience. It does take some stamina to stay focused and not be swayed. I am 70/30 fundamentalist so the trade makes sense to me.
Still about 25 pips to go on my EUR trade, all closed out on AUD (unless there is another big dip pf course) Very good day.Ignored
DislikedWhat's your timeline on this 0.64 level? Are you expecting the GFC No. 2 very soon? Do you think the US fundamentals/interest rates warrant a 0.64 AUD/USD exchange rate? I was thinking that 0.78 might be feasible this year if risk aversion was to take hold but Australia has shown that it is one of the most stable economies out there. Do they have banks going down every week? Is their unemployment rate going up? Are their interest rates going down? Are they going to run out of commodities?
Nice one Kimd - going against the majority pays once again!...Ignored
DislikedPatience
How is ur trading?
Interested to know ur view with this pair if u could?
Cloud what ur time line for 0.64? why 0.64?
ThanksIgnored
DislikedUnless it can fall around 150 pips or so in the next 24 hours then looks like we will be at 9000 by MondayIgnored