Aussie Trading Room and Cartoons Gallery

Quoting livingston12

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{quote} i mean public residence,if you are using aud, will you want your buying power to be reduce? else if aussie want aud to be drop.....mean......there is nothing can move this big trend.....

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Quoting namitak007

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{quote}But why should I buy when I can see a collapse! Better way I will wait till I can confirm AUD is making some strong moves. But for now it's a complete "No-no"

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Quoting Arman_A

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{quote} Sigh That news item killed my shorts. I'm hoping it for a bounce down

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Quoting 2+2=4ex

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... {image}

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Quoting edindzeko

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USD can only stay propped up for so long. Its clear that the recovery is stumbling. They will try to manipulate numbers but can only go so far.

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Quoting Davit

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{quote} You raise a good point however to prove my outlook simply look at previous historical low points.Surely something was fundamentally wrong in 10/2011 or 5/2012 both times price simply rebounded.Let me ask you a direct question.Isn't there a good reason for price either to go up or down? {image}

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Quoting Pip Anon

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{quote} It is always great to be knowledgeable. However, knowing "how to" and application are two distinct aspects. Experience is the key to successful trading, although learning application shouldn't necessarily be done on a live account.

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Quoting Pip Anon

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{quote} Manipulate what numbers? It was negative. Dollar was done a buck from it's 84.54 high. It won't tank until equities do. The recovery has been stumbling for four years, look at the S&P lol

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Quoting Davit

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Since we are hanging out let us discuss this logically.Can someone answer my question please. Isn't there a good reason for price either to go up or down? If yes then why is that buying at extreme low or selling Top makes sense.Remember price is low or high for a reason.Why was it good idea in 2012 2011 2010 but not now.Why is "now" different.I am just trying to make a point that price travels both ways and either way there are reason why and those reasons are not permanent and they change and that's what economics call a cycle ,a wave.Its simply...

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Quoting HelloOz

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{image}.

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Quoting forexalien

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{quote} Seat Time is the best lesson with only one system that you understand............IMO

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Quoting edindzeko

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{quote} Changing the way they calculate GDP for starters: http://www.marketplace.org/topics/economy/us-economy-grow-3-under-new-gdp-calculation http://seekingalpha.com/article/1368001-u-s-government-invents-new-way-of-calculating-gdp

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Quoting HelloOz

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{quote} me too.. im laughed too hard.. ended up crying..loll.. look at the chart,we have inverse LS and H.. .969 is neckline..if price comes down to form RS today or tomorrow..we are set to run up next week.. daily candle also looks bullish..

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Quoting Davit

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{quote} What I was trying to get at that trading is simply about supply and demand and both concepts are not endless.They exhaust.To me its more logical.If for example you take 2008 housing crash extreme and deduct Aussie range last 3years its been roughly 1200pips.Take that and divide in 2 600pips median line.Now we are in Demand area irregardless OF Fundamentals.If one to hold trades longer then a day say a week or two I am almost positive you will see a profit.However holding for longer TF will yield lot better result.I trade weekly charts so...

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Quoting forexalien

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{quote} Rubber Band Theory...Too far from the median and it springs back to where it is happy................... {image}

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