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- mags01 replied Apr 11, 2011
Dredding, I thought the H1 trends of GBPUSD and EURUSD were both up? Also, I have PM'd you. Thanks.
Price Action Trading with Indicators! The Freebie System
- mags01 replied Apr 10, 2011
Hourly and 4 hourly charts would be lovely. Many thanks.
AUDUSD for informed traders
- mags01 replied Apr 10, 2011
At best, I take predictions with a grain of salt. At worse, I just sneeze at them. I must say, though, that yours was correct last week. I have been waiting for AUD to come down for some time now. The trouble is, bad news just has had no or little ...
AUDUSD for informed traders
- mags01 replied Apr 8, 2011
Thanks. At least now we know which pair you are referring to. From Oanda, there appears to be a few shorts around 4440. Is that what you have in mind?
Sonic R. System
- mags01 replied Apr 6, 2011
This is odd. GBPUSD, EURUSD, USDCHF, USDJPY and AUDUSD are all trending up.
AUDUSD for informed traders
- mags01 replied Apr 6, 2011
Don't you dare turn this on me, for I did not started a thread to deceive others while asking for votes very early on. No matter how gutter the OP is, he should not have done what he did. Had he created a thread in an appropriate place with an ...
the simple but very effective system with trading records!
- mags01 replied Apr 6, 2011
The OP placed this thread in the trading system section of the forum and started with 'This system is very simple but very very effective. The R:R=1, and it's very easy to make more than 30 winning trades without any loss.' From that point onwards, ...
the simple but very effective system with trading records!
- mags01 replied Apr 6, 2011
bobowang, your action is appallling. However good your intention may be, and I am not sure it is, what you have done is unacceptable.

the simple but very effective system with trading records!
- mags01 replied Apr 5, 2011
I am in agreement with the above posts that one should reveal the system and allow others to make a judgement before aksing for votes. Trading results that are not accompanied by trading rules are essentially useless. Please also kindly remember ...
the simple but very effective system with trading records!
- mags01 replied Apr 1, 2011
The surge against USD across the board in the last few minutes is incredible. That is despite good NFP just a couple of hours ago. Also, there so some news from Australia a bit earlier today. url
AUD/USD
- mags01 replied Mar 31, 2011
Retracement from today's high: 23.6% @1.0210, 38.2% 1.0150, 50%@ 1.0040, 61.8% @0.9960, and 100% @ 0.9700
AUDUSD for informed traders
- mags01 replied Mar 31, 2011
S&P 500 seems to have just shown a change in bias, which should help AUDUSD keep that 1.0350 lid on.
AUDUSD for informed traders
- mags01 replied Mar 31, 2011
Agreed. I have beed watching quite closely for a potential pre-NFP round.
AUDUSD for informed traders
- mags01 replied Mar 30, 2011
Speaking of technicals, what I find unusual about this latest surge is a lack of significant retracement that fits a major fib number; see the last 3 fibs. The first two, from the large down move, seem much more normal.
AUDUSD for informed traders
- mags01 replied Mar 30, 2011
I understand that dollar weakness, rate differential and commodity demand have all been contributing to the rapid rise of AUD. However, there is an undercurrent that I have not yet grasped, for negative Australian news has repeatedly shown no or ...
AUDUSD for informed traders
- mags01 replied Mar 28, 2011
I tend to rely on stochastics for overbought/oversold. One of the settings is 14, 3, 5. Four-hourly upwards are still overbought ATM with that setting.
AUDUSD for informed traders
- mags01 replied Mar 28, 2011
This is extreme. Every chart I can see, from M1 all the way to Monthly, screams overbought.
AUDUSD for informed traders
- mags01 replied Mar 25, 2011
Um... You might want to re-read my last post, as you got it completely wrong. The term at loss means confused, rather than taking a financial loss.
AUD/USD