There is no doubt the industry is scam-filled. However, it is possible to return a decent profit annually if one is prudent. By decent, I mean in the order of 250% ROI with careful use of leverage. Like most others, I have been through the mill of ...

I'm fine with your opening posts and trade longer-term bias most of the time. Good luck with your thread - subscribed.

I earn my living from FX. It took me a few years to become consistently profitable and then a few more to build my $ investment to the point where it would supoort me and my family. I lost some cash at the start, mostly due to impatience. Those days ...

I dont follow either.

PBOC rate cut effective as of 5 Feb.

I do, its all I have on my charts for directional bias and I trade horizontal levels only. 5 period Hi/Lo Activator on Weekly, Daily and 4hr charts. I also use the 8 hr chart for entry confirmation. Eur/Aud Daily below.

AUD Top down view — I dont usually take entry triggers from divergence, however I also dont ignore it completely. Its everywhere on the long term charts at the moment which is one of the reasons why I am on the sidelines until we get a week or ...

Hi Jade, I'm fully supportive of this new thread and position trade AUD longer-term (3-9 months). I also take some directional bias from the EUR/AUD. At the moment I am on the sidelines for both pairs until the end of the month with an over bearish ...

My chart setup, clean and easy. I'm only trading the majors.............results from last week are 4 trades, 3 wins, 1 loss, +135 pips. You've got my vote Dredding!

Hi Shahab8b, I have been well - thanks for asking. I decided to take a hiatus from the thread after my rant late last year. The positions are tracking nicely, although I have been advocating Short for a while now. This evening will be interesting at ...

I suspect AUD/USD will test 86.30 region before it decides where to go. Chart attached.

I have just read the last 6 pages of this thread. What a communal diatribe! I am not sure why, but this thread has recently degenerated and become infested with braggarts and "wannabee's". If you are personally upset by my comment, thats okay. I am ...

An impressive run from 86 which is now parked on the 78.6 Fib line. Next week will be interesting.

Yes, its flying at the moment and just penetrated Monthly R1 and now pushing 81.00.

Hmmm, good question. Whilst my bias is short, I don't think the aussie will drop quite as quickly as the recent rise, but................sentiment can change very quickly, so anything's possible I guess. If it does, I am already short, if not then ...

No probs. I'm also keeping an eye on Aud/Jpy which has been providing nice support to the Aussie but it's approaching the top of its recent range of 81-82. I tend to trade both in tandem for the swap.

8hr chart shows the ferocity of the upmove.