I think computers still lack the language and creative capabilities to describe art, but however, it's still ALL based on math, so they are getting closer by the day. I have no doubt at some point, they will approximate a degree of creativity and ...

Aussie Trading Room and Cartoons Gallery

Support is now resistance 1.051 (both 1st levels of course)

Aussie Trading Room and Cartoons Gallery

I hope you know what you're doing, your scalp SL and TP are pretty risky. I hope your risk/reward ratio is balanced out, else you could get chopped up in both directions. (Speaking from experience).

Aussie Trading Room and Cartoons Gallery

The RSI and indicators needed a recharge to the downside, they got it.....now we go back up!

Aussie Trading Room and Cartoons Gallery

This is is, the resistance.......we break the 15 minute RES and go back up to the monthly at 1.06, or else~

Aussie Trading Room and Cartoons Gallery

Yeah the brokers would love you, you're paying them double (plus swap) to stay neutral

Aussie Trading Room and Cartoons Gallery

That 1.036-1.04 level held soooo Tight when it hit there.....It started a bullish momentum, we should be able to ride this through resistance to 1.06+, however, if RBA does act with a cut, then the pattern will change. A wise strategy would be to ...

Aussie Trading Room and Cartoons Gallery

You gotta admit, the recent hourly pattern is really pretty, zig zigging

Aussie Trading Room and Cartoons Gallery

I agree, in this case, you are looking at the fact most people close books today. THis is the last 24 hours of trading in 2012, and the main indices are UP! Why? Hope and free bernanke money among general rebounds, but most people will use this ...

EURUSD

Oh, it's the 11am EST London Demand Fix.....I guess I won't concern myself with an entry.

EURUSD

What's with the spike? 20 pips in a dead market?

EURUSD

It's friday. Losing money? Apprehensive About Geopolitical Events or even made money, but trying to protect your profits? Take the advice! video

EURUSD

THis is definitely the line in the sand here today.....Maybe I was wrong, maybe if we fall through the cracks at 1.305 it'll sharply drop...but I don't know, USD has nothing going for it. I feel like we're relying almost exclusively on profit takers ...

EurAnalysis

THe biggest factor is the geopolitical events we will be dealing with. Any resolution of the "fiscal cliff" in the US and risk is going through the roof 200 points, We'll see Euro up around 1.33 by the day end. I wouldn't be surprised by that. The ...

EurAnalysis

If you had "naked" swaps, I could see it........but you have to pay brokerage fees etc. It's really not worth it. The Spread is like worth 1 pip in spread costs......almost worthless. If you happen to buy Aud vs JPY and hold it, sure you get a few ...

EURUSD

Eh, you're not missing much, it's possible a start to a 600 pip bull run.....but wtf do I know anyway.....it could be a bear market soon enough.

Aussie Trading Room and Cartoons Gallery

No, What price are you, going to short at ......There will be a price, could be now, could be 1.04 or could even be 1.40 (USD collapse?) at which you will want to short....that's the question. it's very simple don't overthink

Aussie Trading Room and Cartoons Gallery

Opinion Poll Time. If I were to go short Aussie, I would go short at xxxx (fill in your price), and hold until xxxx. Not looking at time here, looking at price. And don't give me a lecture about looking at Price in isolation of time

Aussie Trading Room and Cartoons Gallery

He's probably already down over 10% (realized or not) and fast on board the pain train. Best to take the wounds and jump off now. I may short.......actually hmm? BUt yet the SSI says retail is already shorting 4:1......so Yeah......I probably will ...

Aussie Trading Room and Cartoons Gallery

Ok no more of this... bears and bull don't eat each other.

Aussie Trading Room and Cartoons Gallery