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- damo replied Dec 4, 2018
Simple yet practical, I am interested and will subscribe and watch this thread. Would you happen to have a manual in English?? Thanks.
- damo replied Feb 27, 2017
Yes.. I had to uninstall everything to do with Metatrader, then delete all the remaining Metatrader files on my HD and entries in my registry. Then I reinstalled everything from scratch. Only then did it work. However.....a few days after I posted ...
- damo replied Feb 25, 2017
Hiya expo.... I agree with a lot of what you are saying. You have all of the fundamentals fairly correct, and eventually they always win, however they rarely relate to timing. Remember that the "Smartest people find trading the hardest", you can ...
- damo replied Feb 25, 2017
My daily chart, the AUD is in an interesting position, the circles show the higher resistance while the square show the R at a slightly lower level. Regardless, the AUD has a lot to push through but then again the uptrend is still strong and intact, ...
- damo replied Feb 16, 2017
I take it that with your language and demeanor you are staying within character as previously set by your avatar ?
- damo replied Feb 16, 2017
Yes I know that. Read my other posts!! It was posted more as a reference as someone had already commented that the volume was decreasing, where as the futures contract shows the opposite. Besides, if you use Fx volume, it is relevant only to that ...
- damo replied Feb 15, 2017
A pick of the AUD futures contract. As you can see the volume is NOT dropping off.....yet
- damo replied Feb 15, 2017
You are so .... "on the ball"! but the average person would not believe it.
- damo replied Feb 15, 2017
Just as I wrote this, I get ANOTHER phone call from a UK broker !! I tell him I'm not interested and am in the job market myself (yes that AUD long trade was the retirement fund). He argued with me for nearly 30 mins, he refused to believe me and ...
- damo replied Feb 15, 2017
I think price is still going to break upwards out of the congestion zone. There is also a short term triangle forming out of the same congestion zone so the technicals support a break to the upside. I still believe that when the big bankers have to ...
- damo replied Feb 15, 2017
Like I said guys, when looking at the immediate short term price, price is totally governed by emotional sentiment. Today. Australia is a safehaven against uncertainty. Remember, the market hates uncertainty. The other economies such as EURO, US are ...
- damo replied Feb 15, 2017
You may have spoken a little too soon
- damo replied Feb 14, 2017
I have to admit, if it were to rally I expected it at around 9am Sydney time, not last night. Possibly some guys working late. Anyway, its a fairly strong and unusual rally and a strange time. With the weak volume in that part of the trading session ...
- damo replied Feb 14, 2017
Yes, i'll pay all of that, but they are long time fundamentals. For those in other countries who may be interested: url When its in the news its usually a time to run... the secrets out. At least for the short term.
- damo replied Feb 14, 2017
I totally agree with you. I am just amazed at how strong this currency is and even tired of myself for bagging it out. Every time it pulls back, it seems to go forward with an even higher velocity. Many of my previous posts have been making those ...
- damo replied Feb 14, 2017
Boom!! As I type, is just bounced of the high trend line of 76850 to fall through the intra day resistance level of 76745.[/quote] And then without looking back it again screams north. I don't think the RBA will slash rates again. The fact that the ...
- damo replied Feb 14, 2017
Yep.... its pure manipulation. The reserve buys it up at during the AUS/Asian session when liquidity is low, they time it whenever the slightest bit of good news is announced so you'll see a big up move. Then if AUS buys, the Brits usually buy just ...
- damo replied Jan 31, 2017
Hi rum29, I wrote that in a rush, it wasn't meant to look as though I was having a go at you. I also worked in politics for 18 years, I left becuase I was sick of typing up so many official documents that lie about our economy. Over here, everywhere ...
- damo replied Jan 31, 2017
I'm not sure what part you are questioning, but re my story, I've lived and worked here all my life and have never seen so many colleagues out of work. The poor state of the economy is all anyone talks about. Re the reported data, it is ...
- damo replied Jan 31, 2017
Remember the metals boom when WA was the economic powerhouse? Well WA has since lost its credit rating and unemployment is sky-hi. NSW and Vic states are being propped up with fed govt taxes like GST. However, there is no economy or produce there ...