Attachments: AUD/USD

AUD/USD

#73,241
Feb 26, 2014 11:59am Feb 26, 2014 11:59am

2+2=4ex
Joined Mar 2009 | Status: Trader | 6,418 Posts

0.8980 is a reinforced concrete ceiling.

#73,242
Feb 26, 2014 12:03pm Feb 26, 2014 12:03pm

tony95
| Joined Mar 2013 | Status: Trader | 184 Posts

Quoting whackdiddy

Disliked

{quote} I am a big boy, I play with five digits or is that six.. hmm. . 0.89741 so one pip to me is 0.00001. In your language I would have made 20 pips but fee free to get off your soap box and clap whenever you want.

Ignored

0.00001 is a point or a micro-pip, 0.0001 is a pip.

#73,243
Feb 26, 2014 12:12pm Feb 26, 2014 12:12pm

2+2=4ex
Joined Mar 2009 | Status: Trader | 6,418 Posts

Quoting tony95

Disliked

{quote} 0.00001 is a point or a micro-pip

Ignored

Also known as a pipette.

#73,244
Feb 26, 2014 12:16pm Feb 26, 2014 12:16pm

Rtm
Joined Jan 2011 | Status: dump and pump | 4,055 Posts

Quoting whackdiddy

Disliked

{quote} That was a bit mean, was gloating and on a high from calling a good run.. apologies. :nerd:

Ignored

Much to you sir respect!

Not that I thought it was mean but you dont see this too often! Pipin

All posts are my personal opinion

#73,245
Feb 26, 2014 12:20pm Feb 26, 2014 12:20pm

2+2=4ex
Joined Mar 2009 | Status: Trader | 6,418 Posts

Looks like the descent to 85 has resumed.

#73,246
Feb 26, 2014 12:31pm Feb 26, 2014 12:31pm

Ck87
| Commercial User | Joined Oct 2012 | 3,968 Posts

AU strength looks good from here. At least back to 90 point.

Attached Image (click to enlarge)

Click to Enlarge

Name: Screen Shot 2014-02-26 at 11.33.02 AM.png
Size: 41 KB

#73,247
Feb 26, 2014 1:11pm Feb 26, 2014 1:11pm

Neeraj_Raj
| Joined Feb 2014 | Status: I think, therefore I am. | 184 Posts

Every day it dips in the asian session ....... and rises in the london session. Well today it dipped due to US data. I hope to see .9000 atleast to the upside and then maybe it will go south ...... what do you folks think

Everything you want lies on the other side of fear.

#73,248
Feb 26, 2014 1:27pm Feb 26, 2014 1:27pm

squawk
Joined Oct 2013 | Status: Trader | 3,656 Posts

Quoting Boy Wonder

Disliked

{quote} No worries mate, thanks for the apology. My point was that if one wants to give a true indication of a trade's success (or or failure) then it's not necessary to take into account the position size. Whether one is trading a big account or a small account, the pip travel rather than size of the trade is the real determinant of success. Glad you did well . I am continuing to hold my shorts, for lower prices to come, but expect a bit of a pullback north here.

Ignored

This argument seems logical if you only trade same lot on every trade. I trade a much higher stake if I have a good setup that I recognize. If I am not so sure I will build into a position with smaller lots. So I may have built 5 smaller lots into a position reaping a lot more pips if it goes my way as apposed to a larger lot delivering a lot less pips into what I would call a more certain setup. I have often been more pips up with less profit and more pips down with more profit.

I personally believe the people (not yourself) but people who teach or mentor half the time just don't know what they are talking about. Pips are not necessarily a true indication of a good trader. Bottom line we all trade to make a positive P&L. Thats what matters at the end of the day. Show me a consistent P&L and there you will find a good trader.

#73,249
Feb 26, 2014 1:34pm Feb 26, 2014 1:34pm

Rtm
Joined Jan 2011 | Status: dump and pump | 4,055 Posts

Quoting squawk

Disliked

{quote} This argument seems logical if you only trade same lot on every trade. I trade a much higher stake if I have a good setup that I recognize. If I am not so sure I will build into a position with smaller lots. So I may have built 5 smaller lots into a position reaping a lot more pips if it goes my way as apposed to a larger lot delivering a lot less pips into what I would call a more certain setup. I have often been more pips up with less profit and more pips down with more profit. I personally believe the people (not yourself) but people...

Ignored

WELL SAID!!! Finally some raw truth! haha FF really needs to put the like this post button.

All posts are my personal opinion

#73,250
Feb 26, 2014 1:37pm Feb 26, 2014 1:37pm

squawk
Joined Oct 2013 | Status: Trader | 3,656 Posts

#73,251
Feb 26, 2014 1:44pm Feb 26, 2014 1:44pm

Nitsan_Levi
| Commercial User | Joined Feb 2014 | 4,524 Posts

Quoting Nitsan_Levi

Disliked

you can buy now.. price very close to sma64 {image}

Ignored

i buy 3 time

1 in sma 64 daily

2 after blue swallow red (daily chart)

3 8h sma200 plus trend line

I DONT BUY MORE NOW JUST WAIT FOR STOP OR TAKE PROFIT

stop in 0.8850

take profit in 0.9120

Attached Image (click to enlarge)