maybe itll go to .89 now......lol
- Joined Aug 2009 | Status: Technical fundamentalist | 2,202 Posts
Author of: For Pip's Sake! (Available at Amazon... :-) )
Making an informed decision about the platform to go with 12 replies
AUDUSD Pattern 12 replies
25.000 AUDUSD position.. Value of roll over? 0 replies
AUDUSD 7 replies
DislikedRetail traders expecting a retrace because 'it can't go any higher without a correction'.Ignored
DislikedNP. Hope it helps your trading. I still don't get why there would be so many short interest in a pair that's been trending up so much thou...Ignored
Dislikedthere is two types of money:
1) smart money
2) dumb money
all of us are dumb money; which is to say we have to follow the trends and reversal compared to the smart money which always makes money and moves the market (note: dumb money doenst mean the the people are dumb, just that they can controll the market and make money following the smart money - which some people make 200k a year trading - far from dumb).
example: to buy you have to have someone willing to sell. therefore right now while most people are buying the audusd the smart money...Ignored
DislikedThanks for the explanation and sorry about your loss. But the majority of the accounts with Oanda should be dumb money though like you and me. How could they afford to be like smart money?
And yet, Oanda claims 38% of their accounts are in the green. Oh I guess that's the 62% of the accounts that could be in the water...Ignored
Dislikedthere is two types of money:
1) smart money
2) dumb money
all of us are dumb money; which is to say we have to follow the trends and reversal compared to the smart money which always makes money and moves the market (note: dumb money doenst mean the the people are dumb, just that they can controll the market and make money following the smart money - which some people make 200k a year trading - far from dumb).
example: to buy you have to have someone willing to sell....Ignored
DislikedHi ma'am,
did you see my post to fx-petra? Can you please also do same on a demo acct? Just place pending orders with the TP at the 4 levels I gave.
I appreciate.
Thanks.
MeshachIgnored
Dislikedfirst, i should had waited till now and i would have been making money instead of recovering from loses!
second, i trade for fun, if i had 20k in my account i would have sat on the sidelines
third, if you are going to short, i shorted at the top. we will see how this goes.
fourth, i have a tight stop, so if it goes up; i will short again at 1.08.
we will see what happens. i have a really tight stop. if it drops like a rock i most likely break even this week. if not i will loss another 2%.Ignored
Dislikedfirst, i should had waited till now and i would have been making money instead of recovering from loses!
second, i trade for fun, if i had 20k in my account i would have sat on the sidelines
third, if you are going to short, i shorted at the top. we will see how this goes.
fourth, i have a tight stop, so if it goes up; i will short again at 1.08.
we will see what happens. i have a really tight stop. if it drops like a rock i most likely break even this week. if not i will loss another 2%.
update: i move my stop to entry point.Ignored
Dislikedi close the short:
entry: 7660
exit: 7527
and now i am long:
long @ 7537
sl @ 7330
it may push to a new high and when it start to stall i will short it again.Ignored
DislikedI find overall NZD is more volatile than AUD that it has bigger moves but AUD trends more. So far, they follow each other because the two economies are so similiarIgnored
DislikedAud loves creating rounded patterns, it's doing so now. Looks like we're going to break resistance.Ignored
DislikedYa - look at the big jump of Aussie - from 0.97 during Japan crisis to 1.07 (+1000 pips) and Kiwi - from 0.71 to 0.80 (+900 pips) - Kiwi has not shoot up that much. But it has potential growth in term of its recovery after the disaster.Ignored
Dislikedwhere do you see this currency going? forcaster had it at the beginning of the year at 1.05 - 1.06; however we have blown thru them fast. thats why i am thinking that it could drop fast if it get much higher?
see month chart where this happen in july of 2008 on this pair.Ignored
Dislikedwhere do you see this currency going? forcaster had it at the beginning of the year at 1.05 - 1.06; however we have blown thru them fast. thats why i am thinking that it could drop fast if it get much higher?
see month chart where this happen in july of 2008 on this pair.Ignored
Dislikedclick with right mouse into the chart, go to "options",
you see something like "scale fixed" or "scale fixed 1:1" (sorry my MT4 is not in english). Play around with these options.
But whatever, you got the FE 100 around 1.145, as shown in my weekly chart above.Ignored