AUD/USD

sorry for the off topic

any of you using MT4? I guess so

if so can someone tell me if there's an option to use an alert every time a pair forms new daily highs or lows for the day?

thanks for helping me on this issue

or as I like to call it "The Frankfurt Fakeout"

Exit my stupid longs here at -15, she will probably go up without me now

Time for bed!

I am feeling good about my shorts now. I'll go out on a limb and say it:

There is a distinct chance we have just seen the high for the aussie and kiwi for a while.

Disclaimer:

NFP might produce a big ole blow off top if the number is low enough.

Hey that's what I said! Of course, I don't listen to myself

Still a bit up on the day (not as much as before). Told myself my December rules were as soon as I did something silly I would quit for the month. Well tonight I did a few silly things, I knew standing between big dog offer and bid was bad idea.

So I will see you cats January. I've decided from my last 3 odd weeks of experiences on the pairs I'd given up on ages ago (especially EU AU and UJ and EJ) that might start using these as my full time trading pairs.

Good luck and green pips to all.

They are as follows:

1. We accumulate information - buying books, going to seminars and researching.
2. We begin to trade with our 'new' knowledge.
3. We consistently 'donate' and then realize we may need more knowledge or information.
4. We accumulate more information.
5. We switch the commodities we are currently following.
6. We go back into the market and trade with our 'updated' knowledge.
7. We get 'beat up' again and begin to lose some of our confidence. Fear starts setting in.
8. We start to listen to 'outside news' and to other traders.
9. We go back into the market and continue to 'donate'.
10. We switch commodities again.
11. We search for more information.
12. We go back into the market and start to see a little progress.
13. We get 'over-confident' and the market humbles us.
14. We start to understand that trading successfully is going to take more time and more knowledge than we anticipated.

MOST PEOPLE WILL GIVE UP AT THIS POINT, AS THEY REALIZE WORK IS INVOLVED.

15. We get serious and start concentrating on learning a 'real' methodology.
16. We trade our methodology with some success, but realize that something is missing.
17. We begin to understand the need for having rules to apply our methodology.
18. We take a sabbatical from trading to develop and research our trading rules.
19. We start trading again, this time with rules and find some success, but over all we still hesitate when we execute.
20. We add, subtract and modify rules as we see a need to be more proficient with our rules.
21. We feel we are very close to crossing that threshold of successful trading.
22. We start to take responsibility for our trading results as we understand that our success is in us, not the methodology.
23. We continue to trade and become more proficient with our methodology and our rules.
24. As we trade we still have a tendency to violate our rules and our results are still erratic.
25. We know we are close.
26. We go back and research our rules.
27. We build the confidence in our rules and go back into the market and trade.
28. Our trading results are getting better, but we are still hesitating in executing our rules.
29. We now see the importance of following our rules as we see the results of our trades when we don't follow the rules.
30. We begin to see that our lack of success is within us (a lack of discipline in following the rules because of some kind of fear) and we begin to work on knowing ourselves better.
31. We continue to trade and the market teaches us more and more about ourselves.
32. We master our methodology and our trading rules.
33. We begin to consistently make money.
34. We get a little over-confident and the market humbles us.
35. We continue to learn our lessons.
36. We stop thinking and allow our rules to trade for us (trading becomes boring, but successful) and our trading account
continues to grow as we increase our contract size.
37. We are making more money than we ever dreamed possible.
38. We go on with our lives and accomplish many of the goals we had always dreamed of.

My daily chart

REhttp://cdn.forexfactory.com/images/icons/icon1.gif 38 steps to becoming a trader

Thanks Daytrader!

This is pretty much spot on, for me anyway.

You welcome!

Free fall down to 0.9265 then all the way back up to 0.9288 in less than 90 seconds !!

I took profit on Longs and went short Aussie from .9280

long here

yeah bro!i am also with u in d short move.i believe it will get to the 9220 area.let see what will happpn

Me three. Closed one short position, still have two open.

long here till 9350/

i prefer to go short for now..shahab, r u stil holding ur short? where to go?

of cours I have them , I dont scalp,

ok thanx bro, im going short too. but im not dare enough to hold profit coz i'm new here.

sory if my english is bad, we dont speak english in indo
this forum is nice, jus wana make friends

what I see , the market is in selling mode as we are heading toward NFP tomorrow, I'll hold my shorts for the time being with my hedge positions over ,9320 , I see selling in Silver & Gold , I really look at Silver price when I want to judge USD strenght/weakness

shakin' the bush, boss...... shakin' the bush...... looks like the cool hands are stirrin' up some dust ahead of nfp......h