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    • diggo replied Feb 14, 2012

      I think you'll find it's quite the opposite these days. Good US news = more people out of us dollar = eur higher. Whereas bad US data you will find people running to the safety of the us dollar I'm just starting to build a long position at 31670. ...

      EURUSD
    • diggo replied Feb 13, 2012

      It's certainly not fool proof. If you don't know what you're doing you'll get burned. It took me a while to really grasp the concept myself. The most important important thing is to keep leverage in check, accounting for very deep swings and you'll ...

      AUD/USD
    • diggo replied Feb 13, 2012

      Actuall, this is where I disagree. Sorry I can't write too much because I'm on my iPhone now.. But I do not care for spreads, they are almost irrelevant in the long term. They are pocket change. I almost never close a losing trade. I'll let them run ...

      AUD/USD
    • diggo replied Feb 13, 2012

      Sorry stulic I wasn't supposed to be directing my comments toward you specifically, but thanks for the input. You're one of the most knowledgable guys in this thread and I've been learning quite a bit from you. I'm more of a day trader you could ...

      AUD/USD
    • diggo replied Feb 13, 2012

      I know this goes against the grain, but my strategy involves buying and selling at the same price in situations like this. I'm long from ~74 and short from ~76. The idea is to gradually close on the way down/way up and add more lots in the other ...

      AUD/USD
    • diggo replied Feb 6, 2012

      I feel your pain man. Expensive lesson learned there, but you will be better for it in the future. For some it takes several blown accounts to really learn the lesson. I think I've blown 5-6 in the past, 1 of which was significant. But you get back ...

      AUD/USD
    • diggo replied Feb 6, 2012

      Nice observation! I trade the rate announcement every month. It really depends how certain the rate cut is going to be, there's different results every month. Today there is around a 75% chance of a 25 point cut, so there will be a drop if it does ...

      AUD/USD
    • diggo replied Feb 5, 2012

      I'm calling BS on this one. ANZ are probably trying to make themselves look better for not reducing their rates in the event of a rate cut tomorrow. Still a good 70-75% chance of a rate cut tomorrow. By the way, anyone who thinks there will be no ...

      AUD/USD
    • diggo replied Sep 22, 2011

      Still holding all of your other longs Petra? I was starting to build a long position below parity, now I'm second guessing myself. It's a bad idea to stand in front of that bear freight train at the moment so I'll stay on the sidelines for now.

      AUD/USD
    • diggo replied Sep 21, 2011

      Closed @ 1.0040 Still holding a short from 1.0192 Building into a long position now. Long @ 1.0034 and 0.9999. More downside probable, more buys pending down below

      AUD/USD