- Search Crypto Craft
-
Magic Trader replied Jul 22, 2009i would guess it's headed up now. look for support between 1.4156-72.
my trade
-
Magic Trader replied Jul 22, 2009super strong resistance at .8150 now. what's going on?? .8160 might be a great play for short. could take a tumble from there. And if it does fall, .8059 should be good support. go long for a few pips from there.
AUD/USD
-
Magic Trader replied Jul 21, 2009Good call on the short. And on the .80xx. What's the next call fammira??
AUD/USD
-
Magic Trader replied Jul 21, 2009I put another one in at .8091 for a +146 pip total. Nice one.

AUD/USD
-
Magic Trader replied Jul 21, 2009Welcome from Italy? Good call on the supports. I'm wondering if it'll make a push to .8200 on this next rebound. Could be a big fall from there.
AUD/USD
-
Magic Trader replied Jul 21, 2009I'm putting buy orders in at .8130 and .8110. Looking to TP at .8160. We'll see!
AUD/USD
-
Magic Trader replied Jul 21, 2009Not a great deal of trending today. It seems like it might have taken a new level of support, from .8010 to .8030. Wondering if we'll find resistance again at 81.80. I'm leery of putting any more sell orders in this trend. May be best to try and buy ...
AUD/USD
-
Magic Trader replied Jul 20, 2009Let's try again at .8145. I think that levels going to hold a bit more.
AUD/USD
-
Magic Trader replied Jul 20, 2009I'm right there with you. I got next major resistance at 82.75. And then huge resistance at 83.70. Nice to see your indicators confirming that


AUD/USD
-
Magic Trader replied Jul 20, 2009Good move! 10 pips is 10 pips. I'm angry at myself.
Had .8150 as major resistance on my chart and didn't put a sell order in.AUD/USD
-
Magic Trader replied Jul 20, 2009I think I see what you mean. I went and looked at your meta4 stats and i saw how you do it. I don't know if I have the nerves to do that.
lol. Thanks for the info!Money Management / Position Sizing
-
Magic Trader replied Jul 20, 2009I'm thinking it might retrace to around 94.10. How are you seeing things ben10?
my trade
-
Magic Trader replied Jul 20, 2009Xaron, can I ask how you apply your cost averaging?
Money Management / Position Sizing
-
Magic Trader replied Jul 19, 2009I believe the bullish engulfing pattern has more significance if it comes at the end of a rally down in price. That said, flag patterns like the one emerging on the weekly charts don't usually signal trend reversals. However, as fammira has pointed ...
AUD/USD
-
Magic Trader replied Jul 19, 2009When I initially enter trades, I feel quite confident about my targets. And when taking second positions, more often than not prices return to BE and then to profit, actually. However I'm not sure the stress is worth it. It'd probably be smarter to ...
Money Management / Position Sizing
-
Magic Trader replied Jul 19, 2009I think so too. I'd like to see it get back under .7980 or so first though. But it looks poised to go long. Good luck.
AUD/USD
-
Magic Trader replied Jul 18, 2009you are right on the money, fammira. the people are buying earlier and earlier on the dips. soon they'll just be buying period. i am flat too but I'll probably short at .8100. We should all be licking our chops if it should get to .8300. have a good ...
AUD/USD
-
Magic Trader replied Jul 18, 2009short at .8020 — We'll have to see how it opens after the weekend. I would not be too comfortable right now though. If you can stand to hang in there if prices reach .8100 (which I think we might see Mon/Tue) then you should be able to get out ...
AUD/USD
-
Magic Trader replied Jul 18, 2009You are right, billflet! Now it makes sense to me. I think that the point of taking the second position would be best used to get a better combined average, and then get out at BE. If indeed it is a good idea to begin with, which you were dubious ...
Money Management / Position Sizing