Australia’s government sold A$11 billion ($8.5 billion) of 11-year debt notes in its biggest-ever bond transaction, as investors hungry for higher yields set aside concerns stubborn budget deficits will cost the nation its AAA credit rating.

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Hi Davit, Isnt the figure bad for NZD as price change dropped?

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NZ Change in GDT Price Index 21-Feb: -3.20% (prev 1.30%) -Dairy Auction Avg. Winning Price (MT) (USD) 21-Feb: 3474 (prev 3537)

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please what indicator do you use for the multiple entries?

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Many thanks for the clarification. Appreciated.

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Thank you for your response. what I meant is hence to hedge that position (short EURAUD) I will be short AUDUSD? invariably my hedge result will be the movement in EURUSD. I believe you will elucidate on this as the thread progresses. Thank you

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Thank you for your response, hence to hedge that position (short EURAUD) I will be long AUDUSD? just sure I get your hedging idea, invariably my hedge result will be the movement in EURUSD. Please confirm |Cheers

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Hi Sis,yphus, Thank you for the insights, please can you illustrate your statement below with say I am short EURAUD. " You can also hedge almost any position using other currency pairs which helps being in the US where hedging capabilities are ...

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FOMC & RBA February Meeting Minutes, Key Data in Focus Next week's market movers In the US, the Fed will release the minutes of its February meeting. Markets will probably focus on any signals regarding the timing of the next rate hike. We get ...

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Spot on Fader123, many entrants into forex trading are bombarded with technical stuffs hence the gap. It took me a while too to have a grasp of the fundies am still learning but it build some level of confidence into your trading.

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Just to share what i discovered from Davit's entry mode using multi lot entries and why its quite useful. Assumptions - I have US$5,000 as trading capital risking 2.5% per week that is your total loss for the week must not exceed US$125. Assuming I ...

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nothing fantastic its just my coinage. They are setups at the R/S 100 levels supported by good price action and formed during london/US sessions , typical example was H4 NJ two weeks ago price fell to S100 levels, broke the level then reversed to ...

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I started trading your strategy with 20 pairs, but i trade 3 most times, interestingly i discovered averagely you get about 10 trades per week on all the 20 pairs, of which over 50% is A grade. So I now trade AA+ setup, in the last 5 month my hit ...

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Many thanks Davit for sharing this, inferring from what she said, most of the currencies might range next week as no range breaking news or prevailing sentiments and this should present decent opportunities. Thank you

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Thank you, hope to learn more about how you aggregate fundies.

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I opine that the last statement of the Reserve Bank on the concern regarding the strength of the AUD may also be responsible for the reaction we saw as perception may be that AUD is due for a correction.

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Its part of the game Bro, cheer up and look for other opportunities. Nice pinbar forming on the weekly for ECAD, EAUD, CADCHF and ACHF , we should see green pips on these pairs next week.

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Hi Fibo Please can you share the indicator that plots the news on your charts? Thank you

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Hi JayRai Thank you for the useful information. Please can you share where you get the open bank position. Cheers

Best Currency Strength Meter and why?

Thank you for your thoughts Davit.

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