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Aussie Trading Room and Cartoons Gallery

  • #26,821
  • Feb 3, 2013 6:04pm Feb 3, 2013 6:04pm
There is some pretty heavy reading there
Quoting chiknthief
http://www.moneyandmarkets.com/currency-wars-heating-up-again-what-it-means-for-you-51321
  • #26,822
  • Feb 3, 2013 6:11pm Feb 3, 2013 6:11pm
Morning all


Quoting arcticwolf
There is some pretty heavy reading there
Yeah, im happy that I am in Forex, dosent really matter what way the price is going as long as im in the right trade
One might to have to change ones trading style a bit.
  • #26,823
  • Feb 3, 2013 6:12pm Feb 3, 2013 6:12pm
I notice most of you guys talk in candles AM I putting myself at a disadvantage by using abars on my charts ?
  • #26,824
  • Feb 3, 2013 6:13pm Feb 3, 2013 6:13pm
Oh yes I think the whole game plan is going to change and it will be more to do with how well a countryt is doing as to what its currency does.
Quoting Kissa
Morning all



Yeah, im happy that I am in Forex, dosent really matter what way the price is going as long as im in the right trade
One might to have to change ones trading style a bit.
  • #26,825
  • Feb 3, 2013 6:17pm Feb 3, 2013 6:17pm
Quoting arcticwolf
I notice most of you guys talk in candles AM I putting myself at a disadvantage by using abars on my charts ?
I think bars are really good, but i use candles as that's how i learnt to trade, only need the wicks on the candles for when i enter or exit a trade, the rest of the time im so zoomed out they look like bars anyways.

EDIT:
.... time im so zoomed out they look like bars anyways.

meant: bars and candles look the same anyway zoomed out that far.
  • #26,826
  • Feb 3, 2013 6:19pm Feb 3, 2013 6:19pm
Quoting DaddyBear
The Aussie will have a very volatile week ahead.
The RBA will hold rates at 3% I think nothing special will happen any time soon.
  • #26,827
  • Feb 3, 2013 6:22pm Feb 3, 2013 6:22pm
Quoting Arman_A
The RBA will hold rates at 3% I think nothing special will happen any time soon.
we could see a spike regardless
  • #26,828
  • Feb 3, 2013 6:36pm Feb 3, 2013 6:36pm
We did (down) that must have been the asia market open ?
Quoting HelloOz
we could see a spike regardless
  • #26,829
  • Feb 3, 2013 6:37pm Feb 3, 2013 6:37pm
Quoting arcticwolf
We did (down) that must have been the asia market open ?
Australian dwelling approvals fall in December

From abs.gov.au (http://www.abs.gov.au/ausstats/[email protected]/Latestproducts/8731.0Media%20Release1December%202012?opendocument&tabname=Summary&prodno=8731.0&issue=December%202012&num=&view=)
The world you desire can be won. It exists.. it is real.. it is possible..
  • #26,830
  • Feb 3, 2013 6:37pm Feb 3, 2013 6:37pm
Quoting arcticwolf
We did (down) that must have been the asia market open ?
bad housing data..

but from chart point of view, we hit 61.8
http://fx2.it-finance.com/FXStreetFl...4fe5e5e70b.png
  • #26,831
  • Feb 3, 2013 6:43pm Feb 3, 2013 6:43pm
Too busy trying to do a dozen things and was not watching that it jumped up and trigger my long @4295 and then dropped away ( good start to the week)
  • #26,832
  • Feb 3, 2013 6:46pm Feb 3, 2013 6:46pm
Quoting arcticwolf
Too busy trying to do a dozen things and was not watching that it jumped up and trigger my long @4295 and then dropped away ( good start to the week)
you set your buy higher than PA??

or you meant you short @ 4295??
  • #26,833
  • Feb 3, 2013 6:55pm Feb 3, 2013 6:55pm
No I was not convinced it was going up so I set it up there to pick it up if it did so I could go and do some work ,but it looks like I fell on my face there. I have a short in from last week that it is heading to now. AS I have said before the more I try to learn the more mistakes I am making
Quoting HelloOz
you set your buy higher than PA??

or you meant you short @ 4295??
  • #26,834
  • Feb 3, 2013 6:57pm Feb 3, 2013 6:57pm
I bailed on my long @4229 as I thought was running out of steam and put in the pending in case
  • #26,835
  • Feb 3, 2013 7:02pm Feb 3, 2013 7:02pm
Quoting arcticwolf
I bailed on my long @4229 as I thought was running out of steam and put in the pending in case
she is going up now..
  • #26,836
  • Feb 3, 2013 7:03pm Feb 3, 2013 7:03pm
Quoting arcticwolf
I bailed on my long @4229 as I thought was running out of steam and put in the pending in case
If you can do micros, maybe do a partial close when in doubt and leave 0.01 lots open to run, that helped me a lot with patience looking at them 0.01 lot trades stay alive for days at times and only making a Euro or 2.
  • #26,837
  • Feb 3, 2013 7:08pm Feb 3, 2013 7:08pm
maybe the shock effect has waned and going by stochastic I don't think it will make it back to my long position
Quoting HelloOz
she is going up now..
  • #26,838
  • Feb 3, 2013 7:14pm Feb 3, 2013 7:14pm
Not going up, darn im all looking for 1.1
  • #26,839
  • Feb 3, 2013 7:53pm Feb 3, 2013 7:53pm
Quoting HelloOz
http://4.bp.blogspot.com/_UJfr-Rvbt8...ngry_koala.jpg
Don't get upset. Papa will find a male koala for ya!
daddybearforex. com
  • #26,840
  • Feb 3, 2013 8:04pm Feb 3, 2013 8:04pm
Quoting DaddyBear
Don't get upset. Papa will find a male koala for ya!
FYI
http://2.bp.blogspot.com/-yHL51zwR8I...r_02-koala.jpg
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