- Search Crypto Craft
-
billv commented Jul 14, 2012The bears are forgetting that the AUD has the highest interest rate in the western world. Australia has not had a recession for many many years, it has low inflation, a sound financial system, strict monetary policy, it is not printing money 24/7 ...
Time Running Out for Australian Dollar?
- billv replied Jul 13, 2012
demo?
Anyway, I would have applied item 3 (a hedge)when I wanted to stop the bleeding of the account. i.e when I lost control of a trade. This is done by taking an opposite trade of equal size. So if you have x size long trades you also need ...
Extreme TMA System
- billv replied Jul 13, 2012
Ouch, but you should be able to recover it. The trouble with recovery is that if you get it wrong you have 2 trades going against you so you really need to apply it at the right time. I'd hedge it and remove the hedge when the trend has clearly ...
Extreme TMA System
- billv replied Jul 12, 2012
You've been going short to recover a long trade but the conditions haven't been right you should have had your long unhedged so that it recovers by itself because the downtrend had stopped for a bit. How many pips are you recovering?
Extreme TMA System
- billv commented Jul 12, 2012
nanningbob I know what should happen, I was only commenting on the AUD price going up on the news when I was expecting it to go down
Forget China's goal-seeked GDP; this is the chart that keeps PBOC up at night
- billv commented Jul 12, 2012
haha you're a funny guy
No I din't push the buy button. I had pending orders in both directions so I got my pips from the upswing and the 2 pip trailing stop got me back to safetyForget China's goal-seeked GDP; this is the chart that keeps PBOC up at night
- billv commented Jul 12, 2012
the GDP goes down and the Aussie goes up
Forget China's goal-seeked GDP; this is the chart that keeps PBOC up at night
- billv replied Jul 12, 2012
bassramy Why would you trade against the trend? cheers Bill
Extreme TMA System
- billv commented Jul 11, 2012
variations are normal, last month it gained more than that.....
Australia economy sheds 27,000 jobs
- billv commented Jul 11, 2012
Boy wonder, You'll have to keep your short trade open for a long time and the swap rate will be painful. Note that AUD interest rates are likely to remain at current levels and the Australian gov and individual states have projects starting up so ...
Australia Labour Force, June 2012
- billv commented Jul 11, 2012
The RBA won't increase rates but it is an indication that rates have bottomed for now so it is positive for the AUD
Melbourne Institute Survey of Consumer Inflationary Expectations
- billv commented Jul 11, 2012
Hi Melo, No, numbers vary from month to month, they increased last time and now they went back to where they were before
Australia Labour Force, June 2012
- billv commented Jul 11, 2012
Krisware What are you talking about? The European countries you mentioned have similar problems but Australia has nothing in common with those countries. We have virtually no debt and a lot of untapped wealth. You can perhaps compare us with Canada ...
Australia Is No Spain: Wayne Swan
- billv commented Jul 11, 2012
Swan is right, this guy must live on a different planet
Australian property prices have moved very little since 2004. Our population is growing and housing construction hasn't kept pace resulting in a property shortage. At the same time the ...Australia Is No Spain: Wayne Swan
- billv commented Jul 11, 2012
good question, I think we tend to save more these days but personally I'm spending more and that holiday we were not going to have this year is going ahead
Australia consumer confidence buoyed by rate cuts, cheaper fuel
- billv commented Jul 10, 2012
urulion Ok we'll see. Personally I'm $600 per month better off from the interest rate cuts (I have a large mortgage) so I'm sure I can afford to spend more
Australia consumer confidence buoyed by rate cuts, cheaper fuel
- billv commented Jul 10, 2012
We are not 28 milion yet but we'll get there one day
On consumer confidence, my friend who owns a clothing store told me that things are improving. The gov. is giving away free money and now that interest rates have come down, people with ...Australia consumer confidence buoyed by rate cuts, cheaper fuel
- billv commented Jul 9, 2012
normally you would but it is due for a retracement
Draghi rehashing last week’s rate cut to European parliament
- billv commented Jul 9, 2012
???? were you expecting a price spike from Draghi's speech? His hands are tied, he can't do much more
Draghi rehashing last week’s rate cut to European parliament