Yeah maybee, you can never tell in this game.
All I know is that I have been VERY lucky lately!
Yeah nice record
Im 2 trades up, 22 to go
- #42,644
- Apr 3, 2012 2:21am Apr 3, 2012 2:21am
- | Membership Revoked | Joined Jul 2011 | 3,291 Posts
long at 1.0400. double hammer on 1hr it may test 1.0450 again
- #42,648
- Apr 3, 2012 4:53am Apr 3, 2012 4:53am
- | Joined Feb 2010 | Status: Trader | 1,085 Posts
Use me as a contrarian indicator
- #42,649
- Apr 3, 2012 5:16am Apr 3, 2012 5:16am
- | Joined Apr 2007 | Status: Trader | 1,553 Posts
in my opinion: aud/usd L 1.0350 sl 1.0280 tp 1.0560 i think don't break 1.0300
still actually ?
mayby L from 360-365 ?
More on my Blog...
- #42,654
- Apr 3, 2012 8:59am Apr 3, 2012 8:59am
- Joined Jul 2007 | Status: Short on USD/MXN, Long on legs | 16,578 Posts
23 Positive trades in a row!
Anyone got a better track record?
http://www.forexfactory.com/fx-rocket#02-list
New voice message: Why are you calling me? If I need you, I'll call you!
- #42,655
- Apr 3, 2012 9:01am Apr 3, 2012 9:01am
- Joined Jul 2007 | Status: Short on USD/MXN, Long on legs | 16,578 Posts
New voice message: Why are you calling me? If I need you, I'll call you!
23 Positive trades in a row!
Anyone got a better track record?
http://www.forexfactory.com/fx-rocket#02-list
For myself, I've had hundreds, perhaps thousands of consecutive winning trades.. but that's because I don't use stop losses and always close in profit, so not exactly the best comparison there
As for the AUD currently, selling pressure mounts due to the RBA statement. For those who were too lazy to read the document, they are basically saying they will cut rates if inflation numbers are not good.. and you can virtually guarantee they won't be. These figures are due out in a fortnight, and a rate cut next month looks fairly likely and even the month after. I'd say 3.75% will be their target this year.
That being said, I'm still long on AUD. The undoubted continuation of a decline in the USD, growth of China, and the resourse goldmine us Aussies are sitting on is enough to drift it upwards as the weeks pass. I'll continue to buy dips, lows of 1.02 - 1.025 are reasonable. IMO we are already at great discounted prices. 1.10 seems like a conservative target for this year, 1.12-1.15 seems about right.
- #42,657
- Apr 3, 2012 9:24am Apr 3, 2012 9:24am
- Joined Jun 2009 | Status: Trend Trader | 6,270 Posts
Max Consec Wins:178
Max Consec Losses:29
If you think you can or cannot do it you are correct
- #42,658
- Apr 3, 2012 10:22am Apr 3, 2012 10:22am
- Joined Jul 2007 | Status: Short on USD/MXN, Long on legs | 16,578 Posts
Good stuff there! Just goes to prove trend is your friend
For myself, I've had hundreds, perhaps thousands of consecutive winning trades.. but that's because I don't use stop losses and always close in profit, so not exactly the best comparison there
As for the AUD currently, selling pressure mounts due to the RBA statement. For those who were too lazy to read the document, they are basically saying they will cut rates if inflation numbers are not good.. and you can virtually guarantee they won't be. These figures are due out in a...
New voice message: Why are you calling me? If I need you, I'll call you!
- #42,659
- Apr 3, 2012 10:32am Apr 3, 2012 10:32am
Well, there was no rate cut yesterday
- #42,660
- Apr 3, 2012 11:10am Apr 3, 2012 11:10am
- Joined Jul 2007 | Status: Short on USD/MXN, Long on legs | 16,578 Posts
That's right.. they're waiting for CPI before they jump. you need to read the hints from the previous month statement. Usually the statement is more important than the actual decision on the day, because the likely decision is already priced in.. whereas the statement forces fresh re-pricing
New voice message: Why are you calling me? If I need you, I'll call you!