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VaBikePacker replied May 7, 2014So, I don't know how many are sick and tired of me posting targets here, but, here's an update to them: (this move up is generating some targets I haven't updated yet..) Enjoy... image
AUD/USD
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VaBikePacker replied May 7, 2014
She's gotta go down to go up and gotta go up to go down Cap'n.. 
AUD/USD
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VaBikePacker replied May 7, 2014Show where you've repeatedly done this and you *might* gain a little mileage. I honestly think your money management you've displayed is irresponsible, but, hey, if it works for you, great. I know it wouldn't work for me, but, who knows, you might ...
AUD/USD
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VaBikePacker replied May 7, 2014PRECISELY what he said...Money management... Be careful - catching a falling knife can make you bleed. The way you treat small numbers is the way you'll more than likely treat big numbers. ...there are plenty of areas where being lucky is preferred ...
AUD/USD
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VaBikePacker replied May 7, 2014.9300 got rejected from the bottom a number of times too...just needs to build some momentum.
AUD/USD
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VaBikePacker replied May 7, 2014I know I keep bringing up that .9467 target. It has been on my "radar" since 4/23. I remember "long ago" (pre crash) AUD running the distance from here to there in a day with no news. I was focusing in on the EUR/USD back in those days. After this ...
AUD/USD
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VaBikePacker replied May 7, 2014I agree with you on the target. I agree with it taking a bit too. (long at 335 here also and I'm not afraid to add to it in the event of a pullback beyond entry..) 360 - 370 looks as it could be a sticky area to move north through. Nice entry on ...
AUD/USD
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VaBikePacker replied May 6, 2014biased to short into rallies for right now... .9467 long target still open (from 4/23) .9358 long target recently developed .9202 short target recently developed .9359 short open and I'm not afraid of it drawing down and adding to it. NOT TRADE ...
AUD/USD
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VaBikePacker replied May 6, 2014Wise = observing the contradictionUnwise = not realizing crap like this is a ploy to get traders to trade from the emotional state of "wow...This just isn't gonna stop!! - lemme get in and ride to the top!" ....This is how the big money lines up its ...
AUD/USD
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VaBikePacker replied May 6, 2014Patience. Patience. Patience. Sheesh!!! I'm not mad I'm just not pleased with the fact I left so much OBVIOUS ROI on the table!! ...I guess it's time to patiently wait for short opportunities....which I believe will start to emerge in the .9467 ...
AUD/USD
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VaBikePacker replied May 5, 2014Meh..flat now. Chalk up another .5%. ...I'll probably wish I kept that one open but if I've learned anything so far this week it's that I need to do some more price action research on this pair. ...another walk to the .9256 area perhaps?
AUD/USD
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VaBikePacker replied May 5, 20141.3% ROI on longs just closed. New short at .9305. Expected long target of .9315 reached. If they want to contain housing they need to increase rates so currency appreciates and lowers prices. I think they could accomplish a lot with a tiny increase.
AUD/USD
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VaBikePacker replied May 3, 2014.9235 and .9226 developed for me on 4/29 as short targets...
AUD/USD
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VaBikePacker replied May 3, 2014It depends on how cheaply you decide to live and how much you desire to over leverage your account.
(can) small accounts make a living ?!
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VaBikePacker replied May 3, 2014I did notice that as well. I primarily eye the 30m chart to gather my data for level predictions. I do glance at other time frames. While I harp on over use of indicators, I do keep a stochastic handy merely to get a feel for different time frames ...
AUD/USD
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VaBikePacker replied May 2, 2014My thoughts: - if I handed you $5,000,000 would you take a .25% or 3% overnight rate?
AUD/USD
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VaBikePacker replied May 2, 2014i had had added long before the spike down with the news. I'm comfortable with the position. It will win. I won't get anywhere close to a margin call.....we'd have to get to .6310 for that to be a concern....I don't see that happening so quickly I ...
AUD/USD
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VaBikePacker replied May 2, 2014
My only addition would be that its valuable to have some working knowledge of fundamentals but typically (and IMHO) they are usually the catalyst for a move not the underlying purpose.AUD/USD