Welcome to prove me wrong by shorting haha. This latest bounce is a great op then. Heck I would short it right now if I didn't have a long view. Fundamental all there right? Stocks crashing, commodities cycle over, Australia is going under, China ...

AUD/USD

That was a picture perfect bounce and possibly 5th wave end on the audusd. I got in via eur/aud short but forgot to put my old limit back in audusd. Hopefully it'll move down again so I can put in nice big long. Mark my words this pair will ...

AUD/USD

Pah what most noobs need to do is find a proper system, then backtest the hell out of it rather than trying to tweak the risk reward without knowing what goes what. All systems have losing periods and if you're not confident enough in your system ...

Tight stops, Winners run, 1:2 RR blah blah blah

Oops forgot about the fomc. Got stopped out of my eur trade for +2. Had some positive slippage so the audusd long entered at 0.9718. EDIT: limit also hit on short eur/aud 1.3324

AUD/USD

Took a long in eurusd @ 1.2856 as its forming a descending wedge pattern. 1.28-1.32 seem to be a good range to play. Will also start to load up on audusd long term longs as well if it holds up around this area by next week. First limit set @ 0.97300 ...

AUD/USD

There we go, closed rest of my shorts @ 0.9830 for ~140pips. Will see for the next few days if the level holds or not before adding longs.

AUD/USD

That's quite a projection from current 9900 levels lol. Anyway reason for me saying that is bc ending waves usually requires some sort of blowoff to stop everyone out before a meaningful rise, the 50 pips or so range we had today is far too stable ...

AUD/USD

Well I closed half my shorts from .9980 on that damn spike up for 75 pips only. Grrr. Moved the other half to breakeven. Though I think we should get one more new low before further upside, thinking around the 0.9830-0.9800 area. Also planning to ...

AUD/USD

I'm thinking stocks (asx200, sp500) would be good sell on monday too with a stop above the high today. Seeing as how they haven't moved at all?

AUD/USD

Wow what a crazy day! I missed my chance to sell aud @ 1.0385, it grazed my limit but didn't trigger to spread! Instead sold nzd/usd @ 0.8530, I wimped out abit by taking half off @ 0.84710 when it spiked on the employment report. But luckily I use ...

AUD/USD

From what I've seen so far all binary brokers are shady. There's no ecn model for binary options so they have to take on all the counterparty risk (aka market maker, u win they lose). The best you can hope for is that broker has a big enough client ...

Why Binary Forex Options are better than Spot Forex

Fake stats from the look of it. If they were for real they would put it up on a 3rd party site like fxbook. They claim to be an ecn broker but they won't even list their liquidity provider when asked. They don't even have the balls to list their own ...

Axiory PAMM accounts

Not sure about IG but this post caught my eye since I was also searching for a legit binary option broker, might as well share some of the research here. Seems like GFT and Enfinium are total bucket shops too unfortunately. Here's some links I ...

Why Binary Forex Options are better than Spot Forex

Manipulated? Just look at a chart of usd/cny for the last few years, its a straight line down with some plateaus. With an interest rate of 6-7%, its the ultimate carry trade! Its almost like a license to print money. Compare that to hyjinx of the ...

Cable Update (GBPUSD)

If it gets to the 1.04s it'll be a killer short . Confluence of resistance, 200 sma, 50 fib, descending trendline, bond redemption, seasonal factors, completion of ongoing inverse h&s pattern, target for bullish wedge.... omg!

AUD/USD

Bought b again @ 1.0275. Edit: setting to be. ABC correction seems to have finished. Now its either a break up or down.

AUD/USD

Took 2/3 off here @ 1.0352 for 64 pips. Want to close off some risk before Friday.

AUD/USD

Imo even if audusd finished its 5th elliot wave, it shouldn't be straight down. Normally its abc correction. Probably a triangle imo. Bought another micro lot @ 1.0275.

AUD/USD

Took half off 1.0375 earlier but rebought again at 1.034 just now. (Personally I don't know what was behind the drop in commodities yesterday, but if it was just that marathon bombing. It was totally overdone. Seems like the amount of people killed ...

AUD/USD