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- Confucius09 replied Dec 8, 2010
audusd — would be a good point to short at 0.9810, this pair will be range bound for most of the day. pick up 20-30 pips.
- Confucius09 replied Dec 1, 2010
equity markets looking pretty green, Portugal raised money pretty easily, sovereign issues still remain, china might do another tightening later this month. i think it will test 0.97 and consolidate, depending on the US data tonight
- Confucius09 replied Nov 28, 2010
50 pip does seem tight for longer tf's but if it works for you then, then it works for you.
- Confucius09 replied Oct 27, 2010
revenge trading — hahah revenge trading is the right term, having blown 2 lots of money, im back a lot more wiser and a lot more risk management focussed.
- Confucius09 replied Oct 27, 2010
parity is not guaranteed — QE2 might be watered down, US consumer and business confidence increasing, china slowdown pboc pumped rates up, domestic inflationary pressures are off given where cpi came in at
- Confucius09 replied Oct 27, 2010
Stick to your guns — Stick to your guns and have a parachute (stop loss) before you go in! thats my advice. Yeah i just shut my laptop down and walk away. short aud at 0.9722, think when time NY opens, aud will get sold back down below 0.97.
- Confucius09 replied May 10, 2009
10 times margin normally, but on some big trade had upto 30, speculated on economic data coming out......good way to get burnt i reckon. stop losses yeah, the one big loss was because i had none and learnt from it. do you think its really really ...
- Confucius09 replied May 10, 2009
Thanks for the advice might consider it, though i have a good feeling that if i used that 35% to trade in a sub account and exactly like i did last week, im sure i would lose all of it.
- Confucius09 replied May 9, 2009
Thats a quite an interesting way to look at it, never thought of it that way.
- Confucius09 replied May 8, 2009
Thanks man. Yeah i was confused cause a mate of mine works for inv bank and he was saying his firm is going to issue a lot of AUD bonds causing AUD to depreciate. I was a bit confused as to how that could be. I guess the issue really is where that ...
- Confucius09 replied May 4, 2009
Redemption — Redeemed myself for now, back up in +ve ground after some long calls on the AUDUSD pair in the morning session. but i know the law of averages will come level me back down. Who else is bullish on the AUDUSD pair?
- Confucius09 replied May 3, 2009
That is a good point greeny, the 8 just inflated my greed and ego, and set me up too high. I have learnt that whenever i get the urge to do something stupid i just do it on the game account, so it stays away from the realm of reality.
- Confucius09 replied Apr 22, 2009
mate that was pretty cool, thanks for the link check this one out its just as cool url
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