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AUD/USD

  • #11,441
  • Dec 11, 2009 4:57am Dec 11, 2009 4:57am
I know I'm an a$$hole today, but if you're right and earning heaps of money, you might want to consider buying that expired Screen capture application.

Sorry, no offense, this is just my sort of humor.
forget about tomorrow, just steal away into the night
  • #11,442
  • Dec 11, 2009 5:02am Dec 11, 2009 5:02am
Quoting spekitox
I know I'm an a$$hole today, but if you're right and earning heaps of money, you might want to consider buying that expired Screen capture application.

Sorry, no offense, this is just my sort of humor.
lol
nice one
  • #11,443
  • Dec 11, 2009 5:05am Dec 11, 2009 5:05am
Quoting spekitox
Jesus, just calm down. If you're upset, the probability of you, making false calls, and losing money, drastically increase. And we don't want that, now do we.

We admit, you are right. Everybody say? Jesus is 100% right in his analysis.

I have observed that a male trader's recent P/L ratio is very much reflected in the tone of his posts.

Jesus I bet you're in massive profits, which means you do something right.
But still the others have an opinion and a right to be wrong, too.
Jesus is 100% right in his analysis.
  • #11,444
  • Dec 11, 2009 5:07am Dec 11, 2009 5:07am
Quoting spekitox
Jesus, just calm down. If you're upset, the probability of you, making false calls, and losing money, drastically increase. And we don't want that, now do we.

We admit, you are right. Everybody say? Jesus is 100% right in his analysis.

I have observed that a male trader's recent P/L ratio is very much reflected in the tone of his posts.

Jesus I bet you're in massive profits, which means you do something right.
But still the others have an opinion and a right to be wrong, too.
listen , firstly i m not mad
secondly i m not in big lose as u noticed earlier that i said i shorted on 9185 and its still on positive
thirdly it has nothing to do with me makin money or not , i m saying some analysis just to be usefull for others
fourth thing is , I WAS little firm to deliever that cause ,, i know there is alot of nobies and beginners and i m one of them as we ll always be learning in this market ,, and i dont want others to go buy something or sell something on false calls and they lose money cause u or me said something not even based on a simple chart lookup
last thing , i think i said something that may grap others attention to things that they didnt know or notice and i make usefull notes of others posts as well , so we r not here to agree with each other
we r here to share analysis , and i did so but i feel little upset one i see 1 thing
when i see someone make a call without any analysis or chart lookup cause i m not afraid about myself but about the others that might follow that blindly and thats why i care to reply back on this things
cheers guys
  • #11,445
  • Dec 11, 2009 5:14am Dec 11, 2009 5:14am
things very quite here and boring , i think the market will start to bounce after the retial sales report after 2 hours , i wanna see this AUD going up , to add short
  • #11,446
  • Dec 11, 2009 5:14am Dec 11, 2009 5:14am
Quoting Daytrader74
Does anyone here using a Forex trading Robot ? or have you ever used one with any good success ?


Yes, in the past have I tried a couple of these whiz bang little numbers. In my experience robots are in the "too good to be true' basket. I'd suggest some good education and demo trading until you get consistent results. Then put it all into real practice with fx micro's or mini's (so you can manage v. low % risk of your trading account), and good risk:reward.

Patience, grasshopper, has it's own rewards!
Happy trading, pip pip!
  • #11,447
  • Dec 11, 2009 5:15am Dec 11, 2009 5:15am
Quoting LadyPenelope

Yes, in the past have I tried a couple of these whiz bang little numbers. In my experience robots are in the "too good to be true' basket. I'd suggest some good education and demo trading until you get consistent results. Then put it all into real practice with fx micro's or mini's (so you can manage v. low % risk of your trading account), and good risk:reward.

Patience, grasshopper, has it's own rewards!
agree
  • #11,448
  • Dec 11, 2009 5:32am Dec 11, 2009 5:32am
Quoting LadyPenelope


Yes, in the past have I tried a couple of these whiz bang little numbers. In my experience robots are in the "too good to be true' basket. I'd suggest some good education and demo trading until you get consistent results. Then put it all into real practice with fx micro's or mini's (so you can manage v. low % risk of your trading account), and good risk:reward.

Patience, grasshopper, has it's own rewards!
Thanks LadyPenelope, I been trading Forex for over 6 month but have been trading shares for over 5 years...so I'm a lot newer to Forex however I haven't been doing bad, so far my account is up 35% , the reason I mainly asked for a Robot is he can do auto trades 24/7 for me without me having to be constantly watching the markets
  • #11,449
  • Dec 11, 2009 5:33am Dec 11, 2009 5:33am
I've been practicing my scalping skills all night, bouncing around between 0.9170-0.9150 almost 70pips now
  • #11,450
  • Dec 11, 2009 5:36am Dec 11, 2009 5:36am
Be careful with robots. If they worked as advertised, noone would bother selling them $99 each to the little guys, instead they would trade big accounts to make the rich even richer.

By the way, would you give me your impressions on fx vs. shares. I never traded shares, am curious is it any easier?

Quoting Daytrader74
Thanks LadyPenelope, I been trading Forex for over 6 month but have been trading shares for over 5 years...so I'm a lot newer to Forex however I haven't been doing bad, so far my account is up 35% , the reason I mainly asked for a Robot is he can do auto trades 24/7 for me without me having to be constantly watching the markets
forget about tomorrow, just steal away into the night
  • #11,451
  • Dec 11, 2009 5:41am Dec 11, 2009 5:41am
Quoting spekitox
Be careful with robots. If they worked as advertised, noone would bother selling them $99 each to the little guys, instead they would trade big accounts to make the rich even richer.

By the way, would you give me your impressions on fx vs. shares. I never traded shares, am curious is it any easier?
Hi spekitox, thanks for your feedback on Robots.
I've been doing well with shares, don't get me wrong though there has been times where I had lost a big portion of my account but in the end I'm still in front and thats the aim, as far as been easy well nothing is easy I spent many sleepless nights reading books, researching, learning, developing trading methods...I'm not perfect but I never stop learning and I make note of where I went wrong in the past to be sure not to repeat the same mistakes again..
  • #11,452
  • Dec 11, 2009 5:42am Dec 11, 2009 5:42am
Quoting Jesus4748
things very quite here and boring , i think the market will start to bounce after the retial sales report after 2 hours , i wanna see this AUD going up , to add short
A questions - Why would you wait until it goes up so you can short when you can also make money by going long first until your short price level has been reached ? that way you can catch the pipis both ways !
  • #11,453
  • Dec 11, 2009 5:43am Dec 11, 2009 5:43am
Quoting Daytrader74
Hi spekitox, thanks for your feedback on Robots.
I've been doing well with shares, don't get me wrong though there has been times where I had lost a big portion of my account but in the end I'm still in front and thats the aim, as far as been easy well nothing is easy I spent many sleepless nights reading books, researching, learning, developing trading methods...I'm not perfect but I never stop learning and I make note of where I went wrong in the past to be sure not to repeat the same mistakes again..
i like that ,, whenever u leave ur books u r screwed
i like that
i always do that
  • #11,454
  • Dec 11, 2009 5:43am Dec 11, 2009 5:43am
Nothing much seems to happen when I am not here...... lol. I just see that the dollar is doing a nice range of 20 points constantly. Might scult for the next few rounds both ways. Just shorting now at 9167 let see.....

By the way does anyone know what is expected in general from the numbers to night? Anyone seen the news or any websites pl share....
Find a job that you love and you dont have to work again in your life.
  • #11,455
  • Dec 11, 2009 5:46am Dec 11, 2009 5:46am
Quoting Jesus4748
i like that ,, whenever u leave ur books u r screwed
i like that
i always do that
Any favorite books ? any that you would highly recommend ?
  • #11,456
  • Dec 11, 2009 5:48am Dec 11, 2009 5:48am
i see the euro started to keep up with the trend happened with the AUD AND NZD , they were the best gainers against the dollar yesterday while the euro started to make it today
it makes me feel more relaxed to see the euro up today cause when i plan to go short heavy around 9200-9225-9240 max , i wanna see the euro crossing over 1.48 , yesterday it seemed to be hard but today it looks better for me ,
  • #11,457
  • Dec 11, 2009 6:08am Dec 11, 2009 6:08am
Quoting Daytrader74
Any favorite books ? any that you would highly recommend ?
i use the Elliott waves and fib to work with the market , i see it the only indicator to the futur trending
i have reas a book named mastering elliot waves for glenn neely , its my favorite
  • #11,458
  • Dec 11, 2009 6:13am Dec 11, 2009 6:13am
Quoting Jesus4748
i use the Elliott waves and fib to work with the market , i see it the only indicator to the futur trending
i have reas a book named mastering elliot waves for glenn neely , its my favorite
Thanks for that mate, one of the best ever books I have read is Trading for a Living by Alexander Elder
  • #11,459
  • Dec 11, 2009 6:17am Dec 11, 2009 6:17am
Still holding my long

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Now locked SL at BE+3pips

Refer my blog
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #11,460
  • Dec 11, 2009 6:24am Dec 11, 2009 6:24am
If you liked Elder's book, you might like Brett's articles too. Both psychiatrists and traders. Geez, sometimes I got the feeling the markets are just a lunatic asylum.

Quoting Daytrader74
Thanks for that mate, one of the best ever books I have read is Trading for a Living by Alexander Elder
forget about tomorrow, just steal away into the night
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