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- DrDiscretion commented Oct 6, 2014
[quote=billv;7783948]Not really, they should increase the cash rate because housing prices are overheating and they should force banks to pass on some of their very fat margins from their housing loans to their businesses loans. So they get to ...
- DrDiscretion replied Sep 11, 2014
I agree. The numbers were very good for the Aussie off the back of down-trading to factor in the (incorrect) forecast. They are inflationary numbers (meaning a rate-rise is more likely now). Inflation is high in the bracket, but not 3.5%. More like ...
- DrDiscretion replied Jul 29, 2013
I'm holding short as long as it stays below 0.93. See what building approvals do tomorrow for the likelihood of a rate reduction. 0.915 hopefully.
- DrDiscretion replied Jun 1, 2013
I've been using Pepperstone live for 4 months now from Australia. GoMarget's was the other one I would have chosen; yes they have a similar business model but I don't think they're affiliated. There is some slippage, but only within tight spreads at ...
- DrDiscretion replied Mar 14, 2013
The unemployment number was flat, but the out-of-work number increased as a percentage of the population, so economically the result is negative. But the market doesn't care about that just yet.
- DrDiscretion replied Feb 5, 2013
Is anyone else seeing a big gap in the market? It that the feed or a real gap?
- DrDiscretion replied Feb 5, 2013
This is my first live account (Australia) opened < a month ago. Connection has been coming on and off for half an hour now. If this was a major CFD or equities provider it would be in the financial papers. I have zero tolerance for this bullshit, ...
- DrDiscretion replied Jan 27, 2013
I didn't ever say that Pepperstone doesn't offer SEK, I just said that my account doesn't offer it. I have a standard EDGE account through the Melbourne office. If you trade the EURUSD and the GBP and the JPY, the spreads a really incredible. There ...
- DrDiscretion replied Jan 27, 2013
Hey all, just my 2c opinion on B.W. - I don't use the profitunity strategy except attempting to place very small trades into very long-term trends, which are rare. One thing I believe 100% though, and use for ALL my trading is the 5-candle fractal. ...
- DrDiscretion replied Jan 25, 2013
Well you're right about that mate! My original t/p was 1.300 when I got in first at 1.39... and no, I did not have the patience.
- DrDiscretion replied Jan 25, 2013
My expert comment is, you've either got the wrong thread or you're broke right now. Surely you didn't really short 10+lots?
- DrDiscretion replied Jan 25, 2013
I know how you feel a little bit - I lost about $400 this week that could easily have been the other way x 3, and slippage like crazy. This has been the worst two weeks to trade the majors in a long, long time in my opinion, and like you said, you ...
- DrDiscretion replied Jan 20, 2013
I never said Pepperstone didn't offer SEK, I only said it wasn't offered on my account. I have an Australian standard EDGE account.
- DrDiscretion replied Jan 20, 2013
My Pepperstone a/c doesn't even offer SEK. If I had some trading strategy based on swaps and my broker didn't like, it we'd sort it out. They can't shut down your account without disclosure, it's illegal. I guess I'm lucky to live in Australia where ...
- DrDiscretion replied Jan 20, 2013
Funded my Pepperstone live account last week. Beautiful executions, tight spreads. From Australia.
- DrDiscretion replied Jan 19, 2013
Yeah, but this is the Fib. Daily Analysis.
- DrDiscretion replied Jan 9, 2013
"the ATR and ADX settings - what i meant is any fixed minimum/maximum settings, high/low/close, etc ? any levels to be entered. i agree that one has to use thier own experience to deal with stops/tp levels." There are no special levels on these ...
- DrDiscretion replied Jan 9, 2013
Hi Whatfx, Thanks for your question. The main point of the charting set-up is to have the 55 daily EMA set to the high and the low. The 10 EMA (close) is just a simple and reliable re-entry indicator when a daily market is trending strongly. The ATR ...
- Trend trading with 55EMAs on the Daily Chart
Hello fellow factory members - This thread will follow a method of identifying entry points on the ...