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AUD/USD

  • #81,941
  • Jul 3, 2014 12:40pm Jul 3, 2014 12:40pm
Dam these adds on the site are peeving me off- "50% Deposit Bonus!" biggest scam out there. 99% of the time the bonus is just a number added to the total of your account. You wont be able to withdraw it and most importantly it wont be added to the free margin. So it enables a higher leverage when opening a trade but when it comes to a margin call only the initial deposit amount will be used. Basically it's put there to kill a noobs account faster. It's basically a criminal activity.

Shame on FF for allowing such adds.
As the lights go by so too do the shadows move
  • #81,942
  • Jul 3, 2014 12:45pm Jul 3, 2014 12:45pm
Quoting nealpek
not that this is worth anything, just some rambling... facts: big money is behind all moves in all markets, markets are corrupt... all gov'ts are corrupt, take money from corps and special interest... because gov't officials are being paid, they will say and do whatever they are told... learned to do or expect the opposite of what these trustworthy people say. if stevens and friends say aussie should be lower, its because they were told to by some larger forces. there is a reason why he was told to say this... somebody or group of bodys will profit...
This should be a sticky on the home page
Ghost Rider - WWTBMD?
  • #81,943
  • Jul 3, 2014 12:49pm Jul 3, 2014 12:49pm
Quoting Matts Micro
Dam these adds on the site are peeving me off- "50% Deposit Bonus!" biggest scam out there. 99% of the time the bonus is just a number added to the total of your account. You wont be able to withdraw it and most importantly it wont be added to the free margin. So it enables a higher leverage when opening a trade but when it comes to a margin call only the initial deposit amount will be used. Basically it's put there to kill a noobs account faster. It's basically a criminal activity. Shame on FF for allowing such adds.
I see no ads.
Ghost Rider - WWTBMD?
  • #81,944
  • Jul 3, 2014 12:57pm Jul 3, 2014 12:57pm
Quoting albchr
{quote} I see no ads.
Ohh I think I see, I will have to look into that

Just so your not missing out though
Attached Image
As the lights go by so too do the shadows move
  • #81,945
  • Jul 3, 2014 1:01pm Jul 3, 2014 1:01pm
Quoting ill_be_back
EA Expecting 1 more move up to 1.458xx before a big DOWN
Fingers crossed

Enter Signature
  • #81,946
  • Jul 3, 2014 1:09pm Jul 3, 2014 1:09pm
Quoting san99
{quote} Fingers crossed
May go only up to 1.456xx
A good trader follows his rules, but great trader knows when to break them
  • #81,947
  • Jul 3, 2014 1:10pm Jul 3, 2014 1:10pm
Quoting nealpek
i'll be back, you'd be surprised how many people truly don't know this...
I understand where you are coming from, however not everybody has to know these things (the dark side), because it will not make much difference since knowing and believing are different animals. I do not doubt the existence of those forces and accept them as a natural state of the world and this complies with the law of polarity of the universe. the SYSTEM corrects everything when there is a need.
As Above, So Below
  • #81,948
  • Jul 3, 2014 1:20pm Jul 3, 2014 1:20pm
Quoting Matts Micro
Dam these adds on the site are peeving me off- "50% Deposit Bonus!" biggest scam out there. 99% of the time the bonus is just a number added to the total of your account. You wont be able to withdraw it and most importantly it wont be added to the free margin. So it enables a higher leverage when opening a trade but when it comes to a margin call only the initial deposit amount will be used. Basically it's put there to kill a noobs account faster. It's basically a criminal activity. Shame on FF for allowing such adds.

From the site:
"In the event the client’s trading account equity (balance including the floating profits and
losses) reaches a level equal or below 50% of the starting equity when the bonus was credited,
the available bonus credit amount can be removed (Credited Out) from the trading account.
The client is responsible for monitoring his balance and equity levels, to avoid losses in case
bonus is removed from the trading account."

Basically saying... enjoy the large lot sizes we are enabling you to trade with but if you dare go into the red we are going to confiscate the bonus and let your deposit bleed even harder till we can margin call you, close your trades and steal your money. Thanks for playing try again later.

Seriously Forex Factory should set a better example, I'm sure if I looked, there is probably a thread started about scamming deposit bonus's.

Edit: There is more about withdrawing the bonus but basically it makes it very hard (high volume trading needed and more than 6 months).
As the lights go by so too do the shadows move
  • #81,949
  • Jul 3, 2014 1:24pm Jul 3, 2014 1:24pm
Quoting ill_be_back
EA Expecting 1 more move up to 1.458xx before a big DOWN
I wish ... I took a loss already .... for couple of pips ...
Long from 1.4561 and 1.4551 ... right after I took a loss it went up pass my buy point...
Earlier I didn't it drop back when it's at 1.4549 ...missed by 2 pips
and then went negative -20 pips ...So I rather take a few pips loss than waiting for it.
  • #81,950
  • Jul 3, 2014 1:27pm Jul 3, 2014 1:27pm
Quoting Matts Micro
{quote} Ohh I think I see, I will have to look into that Just so your not missing out though {image}
You're all heart
Ghost Rider - WWTBMD?
  • #81,951
  • Jul 3, 2014 1:28pm Jul 3, 2014 1:28pm
Quoting aarontdang
{quote} I wish ... I took a loss already .... for couple of pips ... Long from 1.4561 and 1.4551 ... right after I took a loss it went up pass my buy point... Earlier I didn't it drop back when it's at 1.4549 ...missed by 2 pips and then went negative -20 pips ...So I rather take a few pips loss than waiting for it.

You did the right thing, When in doubt GET OUT
A good trader follows his rules, but great trader knows when to break them
  • #81,952
  • Jul 3, 2014 8:37pm Jul 3, 2014 8:37pm
A small pullback on the AUDUSD, but it may continue lower if not for tomorrow it may happen next week.
  • #81,953
  • Jul 3, 2014 9:09pm Jul 3, 2014 9:09pm
Hmm might close my trade in good profit...hmmm starting to rebound a good amount.

Well see what happens during london.
  • #81,954
  • Jul 3, 2014 10:23pm Jul 3, 2014 10:23pm
Quoting nealpek
not that this is worth anything, just some rambling... facts: big money is behind all moves in all markets, markets are corrupt... all gov'ts are corrupt, take money from corps and special interest... because gov't officials are being paid, they will say and do whatever they are told... learned to do or expect the opposite of what these trustworthy people say. if stevens and friends say aussie should be lower, its because they were told to by some larger forces. there is a reason why he was told to say this... somebody or group of bodys will profit...
true...
just go with the flow
Keep calm and go GREEN...
  • #81,955
  • Jul 3, 2014 11:05pm Jul 3, 2014 11:05pm
  •  EDG
  • | Joined Feb 2007 | Status: Nothing is fixed. Keep an open mind | 229 Posts
As of now..aud needs to first break above 0.9375 to see some daylight and then
0.9412 weekly resistance before it can continue with its original upmove.

Nevertheless, the current consolidation around 0.9350/60 area provide some relief
for bulls. The longer the consolidation or the closer the consolidation between
levels even if price were to drop, it wouldnt take much for price to reverse upwards as
the gap between price and resistance levels in general would have been much narrower over time.

When that happens, being the bear..it may be time for me to consider squaring my posn. With due respect,
this is just my own view and is not meant to sway anyone in their own trading. Its just to provide
an alternative viewpoint. I dont seek to impose.
Hindsight is useless if you never learn anything out from it
  • #81,956
  • Jul 3, 2014 11:16pm Jul 3, 2014 11:16pm
Quoting tashkent
this is one scary chart nealpek today needs to close above 0.936 to keep the bull hopes alive
not too bad action after the sell off. my daily candle closed at 0.936
today (EST time) needs to close above 0.938 and bull will be safe.
As Above, So Below
  • #81,957
  • Jul 3, 2014 11:18pm Jul 3, 2014 11:18pm
Good pullback on the AUD/USD today. Anyone think it'll continue all day?
  • #81,958
  • Jul 3, 2014 11:21pm Jul 3, 2014 11:21pm
Quoting EDG
As of now..aud needs to first break above 0.9375 to see some daylight and then 0.9412 weekly resistance before it can continue with its original upmove. Nevertheless, the current consolidation around 0.9350/60 area provide some relief for bulls. The longer the consolidation or the closer the consolidation between levels even if price were to drop, it wouldnt take much for price to reverse upwards as the gap between price and resistance levels in general would have been much narrower over time. When that happens, being the bear..it may be time for...


I think DOWN move is OVER
A good trader follows his rules, but great trader knows when to break them
  • #81,959
  • Jul 4, 2014 12:47am Jul 4, 2014 12:47am
9380 is a great intraday sell spot for today, keeping an eye on this level. several broken trendlines are there creating decent resistance for now.
consistency wins
  • #81,960
  • Edited 2:18am Jul 4, 2014 2:03am | Edited 2:18am
EA short @ 1.45415, SL 1.4552, TP 1.44337
A good trader follows his rules, but great trader knows when to break them
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