I don't think we're the only two watching this one

Hey Bicarus, Can you just try rescanning the servers at the bottom right hand corner of your MT4 platform and see what happens? It will still say DC Sydney (as in through the Sydney data centre), but the latency has improved now the server is in NY. ...

Nice work. I hope the waves have been treating you well!

Just Just identifying a daily zone. Let's see if it holds before looking for entries.

There's the 'smelly fingers' quote for picking bottoms. Is there a similar one for trying to pick tops?

Enjoy your New Years long weekend and see you next year!

Well said!

:O

The fact that the last 2 comments are saying that either candidate winning is USD+ shows a snapshot of just how crazy markets could get this week. It's not a clear binary outcome pending on who wins.

Salty... The point of the blog was to speak about politics in the context of how to trade the risks. I was merely pointing out that the conversation has been more politically focussed than trading focussed. Just a trading idea blog guys. Relax

The only thing that matters if you're a trader. 57 comments on politics...

So it's not a broker conspiracy after all... Take quality trades that offer excellent risk:reward off clear levels, and you can't go wrong.

I'm merely spruiking the benefit of trading around key levels because of the risk:reward on offer. Look at the way price is reacting now after re-activating that trend line.

Cheers Roger. I see what you're looking at now.

Is there a way you can share what you're looking at? Not sure if you can post here, but Tweet us?

It certainly is one of the pairs that respects technicals very cleanly.

The answer is, and always was, no!

Maybe your partner will actually punish you if you get back into a long USD trade too early and blow your weekly budget!

The AUD/USD scenario: url

A market where everyone is expecting the RBA to cut in August. Waiting for the minutes to spoon feed them that a cut is guaranteed. That was always going to disappoint in some fashion... So the minutes are released and the spoon feeding dovish ...