I see 8300 - 8320 the strongest support area. 8320 seems to be holding well I have already bought long at 8325 to get some space prior to the CPI data. I can see it ranging back up to near the open prior to the release.

Aussie Pairs

I don't trade with WHC but use them for pricing on certain markets. That's not to say that they are no good as a broker.

Range of instruments?

I have been using a swing trading strategy using a 100EMA for some time with a 20/-20 channel for a 40SL. What makes a big difference in these systems results are, 4 hr candle opens above your stoploss level i.e. if you are entering at 100 with 60 ...

Open-Close Trending with Hedging Discussion Thread

This is posted for those trading the AUS dollar but unfamiliar with the possibilities of limited rainfall may play on inflation and possible interest rate increases in late 2007 and 2008. Food costs likely to rise due to drought Friday Apr 20 02:31 ...

Aussie Pairs

WHC Trader has all this. url

Range of instruments?

Here is a good resource that I found in my favourites folder. I remember that there was a lot of good information contained. url

Price Action Document

With some speculation the bank of Japan may raise interest rates have we seen some unwinding of the carry trades? given the rapid appreciation of the AUS recently a day or two of consolidation would have to be expected. I'm interested in who has ...

Aussie Pairs

Just a note. I would be cautious testing any system with a 50 pip Hedge or SL level on a four chart. It may look good but in reality it could move against you 50 pips 3 times in that 4 hour candle and in the end finishing 50 pips above giving the ...

Open-Close Trending with Hedging Discussion Thread

In my humble opinion I personally don't think the Aussie will break 8250 until we see some data to push it to 8400 - 8500. All though there was agresive buying after the rate announcement I think the market will be focusing on the inflation figures ...

Aussie Pairs

I suspect there might be a bit of profit taking when the Asian session opens. I can't see it pushing to 17 year highs without some strong CPI data pushing the probability of interest rate hike to a high probability. I going on the assumption that ...

Aussie Pairs

Aussie Dollar Analysis — How high can the AUS go? Although I picked up some nice profit on the Aussie and Interest rate decision I think the current price action after the spike is a strong lead to everybody that selling the Aussie dollar will ...

Aussie Pairs

30 minutes to go, I think you will see a big move as most of the recent gains have been pushed higher on building expectation of a rate rise. I actually got into a short position set up at 8133 to get some distance prior to the release. I think ...

AUD Intererest rate

DerkWehler, A huge thankyou, great indicator to have. What would it take to have imformation display in a seperate window, below the chart? I changed the properties to have a seperate window, which it does but the writting still appears on the chart ...

FF Calendar Indicator for MT

Thanks Pipple, My purpose for the option strategy are purely to replace STOPLOSS in swing trade strategy. Have you had any experience in using options for this purpose?

Option Hedging Strategies

Frank, I hadn't given much thought to selling a covered call in Forex but it may be worth some investigation. I would think you would need to recieve a high premium to cover the volatility of the market. Regarding the hedging strategy, I am still ...

Option Hedging Strategies

One of the benifits of the option strategy would be that it would keep us in the market with high volatility rather than getting continually stoped out. But of course it seems if the price doesn't get away from our option price then we have a hard ...

Option Hedging Strategies

Frank, Just thinking out loud here but If we had a greater risk reward ratio (R/R) wouldn't this offsets the premium cost and give us unlimited profit potential?

Option Hedging Strategies

I would not make that assumption based on a backtest from someone else. All system have a vast array of variables that make them successful or not. The more you trade a setup the better you will understand how it works. What are the best trades, ...

Trading off suport and resistance with Price Action, Is it really possible???

Did anyone catch that ride?

Aussie Pairs