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Patience replied Nov 30, 2009It looks like we are on track to get the 10th green monthly candle in a row. Amazing. Now just watch it tank now that I have said that
Have to close below 0.8966 to turn it red. Daily still supported by 50 MA. Hasn't closed it's gap though. Daily ...AUD/USD
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Patience replied Nov 29, 2009Well the market is a jumping on Oanda. Currently A/U is 0.9140, A/J 0.7959, N/U 0.7144, U/J 87.08 and E/U 1.5000. Looks like risk is back on.
AUD/USD
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Patience replied Nov 28, 2009Oh, I didn't know that you could do that with a trading platform - LOL. You learn something every day in this business. Just reiterating what Puks said, rule of thumb is usually 1-2% risk per trade so if you have 10 losses in a row @ 2% risk, you've ...
AUD/USD
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Patience replied Nov 28, 2009Hi A51 - missed this post the first time around. There used to be such a thread where we used to talk about anything related to the market (any currencies, stocks, oil, gold, fundamentals, technicals, few jokes and YouTube videos thrown in here and ...
AUD/USD
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Patience replied Nov 28, 2009No, sorry, I have never done this but I hope you looked at your money management and did you read that post and did it make sense? I see that you did have a stop loss so you had calculated your risk. If you have calculated your risk then how ...
AUD/USD
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Patience replied Nov 27, 2009Have a squiz at this post. It explains everything. I'm off to bed now - got to get that beauty sleep
url AUD/USD
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Patience replied Nov 27, 2009Well that all depends on your personal comfort level. If I was trading $10 per pip, I'd prefer to have at least $50,000 in my account but that's just me. I trade low leverage. You should always put in a disaster stop loss if you are highly ...
AUD/USD
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Patience replied Nov 27, 2009Be thankful that you still have one - at least you survived Thanksgiving Week
I'm sure a lot of traders on the Yen didn't. Just from reading some of your posts, I am assuming that you are a relatively new trader. By the sounds of things, you are ...AUD/USD
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Patience replied Nov 27, 2009Nice bounce this afternoon. I didn't know what to expect when I got back home but now I see. Awwwww, they just messing with us. This ain't a market meltdown - they only filled the gap that was left at the beginning of the week (you know I love gaps ...
AUD/USD
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Patience replied Nov 27, 2009Mmmmm, Lloyds TSB are saying the same in today's Daily Market Strategy. Buy at these levels but if 0.8900 breaks it may change the picture a little. I'm flat (except for my AUD/JPY longs) and going out this afternoon so I'm not bothered what ...
AUD/USD
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Patience replied Nov 27, 2009It can be a problem with some posters who just want to concentrate on the AUD which is a shame because this is a nice thread and I don't think it does any harm to talk about other aspects and currencies of the market. At least we've managed to sneak ...
AUD/USD
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Patience replied Nov 27, 2009Siboy go to Oanda. I have an FXCM account but have hardly traded it since I opened Oanda because of FXCM's spreads. Oanda - N/U is 2.3 pips. A/U 1.8 pips. E/U 0.9 pips. G/U 2.9 pips. Wish I had opened an Oanda account years ago. I think they are ...
AUD/USD
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Patience replied Nov 27, 2009I bottled it on gold - don't know why - but I shorted EUR and AUD and nicked a few.
AUD/USD
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Patience replied Nov 27, 2009Well this is what USDX weekly is looking like now. I thought last week's candle had lied to me earlier on this week when the EUR started rallying again. I guess they just wanted to suck in some more longs before dumping. Turning into a nice pin for ...
AUD/USD
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Patience replied Nov 26, 2009Yep, just how much love we are going to see for the US$ is the question for me. I still think the US$ is toast (as well as GBP) but I also think we are due a correction, year-end profit taking, divergences everywhere, over-extended yearly ranges and ...
AUD/USD
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Patience replied Nov 26, 2009Well I ain't betting on it at the moment. Markets are too jittery. Stock markets are blood red. Risk aversion is the name of the game again today. I think we are gonna see some more love for the US$.
AUD/USD
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Patience replied Nov 26, 2009LOL - yep a few sleepless nights are in order. I remember reading a story some years ago that one of the blokes - Head of BoJ or something - used to have this beeper/alarm thingy on him 24/7 so when the Yen reached a certain level it would beep him ...
AUD/USD
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Patience replied Nov 26, 2009That's good. Wonder if any stops were slipped. I have been slipped once or twice (when I have used them) when market moves that fast. I see there is a lot of jawboning about the yen on the news headlines on DailyFX by various Japanese ministers etc. ...
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Patience replied Nov 26, 2009Hey Fool! Be great to see you around. You won't regret branching out imo. I trade the AUD + AUD crosses (lately) way more than EUR and this thread has a happy bunch of posters. Very different to the EUR thread (if you know what I mean)
Let's just ...AUD/USD