With the FED being uncertain about hiking rates next month, my bias will be to long Aussie instead since dollar bulls are disappointed with the minutes.
I just wanted to tell everyone don't give up! I started with a $5,000 account and in the first month I lost $4k now it's been 6 months and I'm back to $5500. Few lessons I learned ... Don't be in the market every minute go to bed decent hour. Eat well. Take little risk and wait for a good set up and follow the trend I also do t trade now until after the news
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What broker are you using ? I read some brokers didn't pay the withdrawal.
I just wanted to tell everyone don't give up! I started with a $5,000 account and in the first month I lost $4k now it's been 6 months and I'm back to $5500. Few lessons I learned ... Don't be in the market every minute go to bed decent hour. Eat well. Take little risk and wait for a good set up and follow the trend I also do t trade now until after the news
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Yes, you are right. Need patience, learn by mistakes, and never give up. Take the lessons and go woth it. Know pair that your pair you trade on, it's behavior, and link it with our technical analysis and somse news on momentum.
I've failed many times, but I took the lessons,and never give up.God Bless.
Anyone able to point me in the direction of a historical day by day listing of tom next rates?
I use IG markets and swap rate has increased 46% (Aud/Usd) and when I've been short I'm not happy. Rang and was initially given bs reason that RBA changed rates last week. I of course told them RBA met over 2 weeks ago and didn't change the rate. They are saying it's tom next related but can't give me an external site to verify. I've found http://www.saxobank.com/prices/forex...ic-swap-points has the rates but you can only get one day at a time. If someone knows a site where you can get a day by day history quickly that would be appreciated along with other feedback.
this was definitely a follow the trend kind of week made over $1000 this week why would I want to trade another pair when this one is so obvious {image}
this was definitely a follow the trend kind of week made over $1000 this week why would I want to trade another pair when this one is so obvious {image}
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Agree. Shorting AUDUSD is a no brainer. Simply add shorts on retracements.
The true fact is market doesn't care, risk mgt is important.
Moonhead here, returning... Again I'm posing to all of you, the aud is in the territory of .71's to usd. Any new predictions as to where aud may stand against usd a few months down the track? Anyone willing to predict where it could be come the start of November? Again, my holiday from Au to us starts then and wondering if I should exchange money now or risk waiting, or benefit from waiting?
could really use any advice from any of you.. Obviously I'm looking for as much money as possible for my trip to the U.S. as possible (from Australia), just wondering if I should exchange money now, considering the exchange is low .72 and .71... Do you guys think there's a good chance this could shoot back up, or do you think it'll continue to sink? I'm not going until the 1st of November... So a couple of months still...
