DislikedHey guys, if you are intending to be in this business for long, then i guess you should have a trading plan to lessen your anxiety and nervousness. You should trade with minimum emotions. ..Ignored
Agree. have to keep it in check.
EUR/USD, AUD/USD, and CAD/USD ready to move up 2 replies
EUR/GBP, EUR/USD, GBP/USD, AUD/USD, CAD, NZD, JPY, and more... 14 replies
Anyone here trading AUD/USD or USD/AUD tonight regarding AUS Home Loan Report? 1 reply
The AUD/USD 1.00 EUR/AUD 1.60 GBP/AUD 2.00 Thread! 0 replies
AUD Trade Balance and AUD Retail sales 6 replies
DislikedHey guys, if you are intending to be in this business for long, then i guess you should have a trading plan to lessen your anxiety and nervousness. You should trade with minimum emotions. ..Ignored
Disliked{quote} Excuse my ignorance - I only have basic economic knowledge through first year uni macroeconomics but I thought if interest rates increase generally it pushes the dollar up. I have seen numerous times though an indication it will push it lower. Is this because of the housing bubble fear for it to go the opposite way than expected?Ignored
Disliked{quote} It's been really difficult trading this the past few days. Any short term/ scalping position has been purely speculative for me. Be cautious I suppose, cos we're reaching the narrow edge of a wedge pattern. A breakout could happen anytime! IMO the bears seem to have got this one, we may see a deeper pullback because sentiment (odds of a nov rba cut) seems to lean that way.Ignored
Disliked{quote} That's not how the the market sees it ; Trading Day - No Change /Decrease to 1.75% 9 October 78% 22% 12 October 78% 22% 13 October 78% 22% 14 October 69% 31% 15 October 62% 38% 16 October 56% 44% 19 October 62% 38% 20 October 71% 29%Ignored
Disliked{quote} That's not how the the market sees it ; Trading Day - No Change /Decrease to 1.75% 9 October 78% 22% 12 October 78% 22% 13 October 78% 22% 14 October 69% 31% 15 October 62% 38% 16 October 56% 44% 19 October 62% 38% 20 October 71% 29%Ignored
Disliked{quote} That's long vs short? On my brokerage the no. of clients and total value in selll has been increasing day by day, although by small 1-2%. Have to concede it's totally 50-50 between up or down let's wait for a breakout.Ignored
Disliked{quote} Good stuff. Where do you source this data? I think we've got 2 big points coming up... Inflation on 28 October - It might cause a big dip, and people might think that interest rate are going to be cut. This is because RBA has a target on underlying inflation (not normal, but the underlying inflation) staying within 2-3 percent range. It's unlikely given the upheaval in the Sep quarter. Yet, nowhere do I see any language from RBA or the governor (who I think is more of a hawk) being willing to cut rates. So, couple of big chances for someone...Ignored
Disliked{quote} Don't be ridiculous ! This isn't some screenshot from some brokers webpage showing a bunch of retail FX traders. It's the ASX 30-Day Interbank Cash Rate Futures expressed in percentage terms.Ignored
Dislikedim taking this drop as the last leg down. Im Bias to Bull side. I will enter as it drop until it break 0.7200 firmly. Just my trading plan.Ignored
Dislikedim taking this drop as the last leg down. Im Bias to Bull side. I will enter as it drop until it break 0.7200 firmly. Just my trading plan.Ignored
Disliked{quote} Long term AUD is going down, everyone knows it everyones predicting it. Why so many people in this thread determined to be bulls and to pick the bottom?Ignored
DislikedAudUsd ====> Sell Stop = 72202 / TP = 71715 / Sl = 72744 if this order open ; set 2* lot size Buy Stop ===> 72744 / TP = 73019 / SL = 72202 GLIgnored