Two buys open, closed one @1652.00 +60 pips, letting other run.

Trading live accounts in a bat country

* commodity prices are still bullish, I don't see anything falling just yet * trade surplus might be narrowing, is still strong though and the investment pipeline into new mining sites and LNG projects for the next couple of years is massive * ...

AUD/USD

They will cut rates that's almost certain but we've seen the Aussie chewing it's way back up after every single rate cut last year, so who knows how much impact it will have on the exchange rate in mid terms.

AUD/USD

PMI is only an index, if below 50 it means contracting compared to previous month (if released monthly), it doesn't necessarily mean less then same time last year.

AUD/USD

Whoever wrote this is wrong, the whole sentence is contradictory anyway, a contraction is the opposite of expansion meaning the economy is not growing but shrinking, a general slowdown in economic activity is a different thing all together, but it's ...

AUD/USD

Pending long gold triggered while I was typing, entry 1646 sl 1643, have to manage manually this one now...

Trading live accounts in a bat country

Cheers! Will go long if 29 holds till at least 15 minutes past next hour.

Trading live accounts in a bat country

If anybody was wondering what the red TL was, here line chart H1, looking like a breakout.

Trading live accounts in a bat country

TP taken 2905 +34

Trading live accounts in a bat country

stop @ BE

Trading live accounts in a bat country

short scalp 39 sl 55

Trading live accounts in a bat country

Equities opened fairly lower, except London in anticipation of retail sales. It looks like we'll have a first down then higher up close of the week.

Trading live accounts in a bat country

Recession is opposite of growth, China's economy is still growing at almost 9% annually, if anything or anybody cannot be put in one sentence with recession then it's gotta be China.

AUD/USD

True, profit taking could indeed be an issue tonight but I still expect first down then up move today but will stay away from eur/usd for now, shorting cable in anticipation of disappointing retail sales figures. Entry 5490, stops above 5540, ...

Trading live accounts in a bat country

Who is "we" and what recession?

AUD/USD

Nobody still convinced that we might be witnessing a major trend reversal? Pretty much everywhere on retail forex forums one and the same picture, everyone is trying to pick a top of this "correction" to continue down, rarely you can see anybody ...

Trading live accounts in a bat country

Not quite true, exporting industries only account for 10% of overall employment in Australia, in fact stronger Aussie Dollar makes imports cheaper and brings more profits to commodity exporting industries especially since the demand is not slowing ...

AUD/USD

Anyone else having connection issues today? Been dropping out constantly in the last hour or so. Both servers including android platform unable to connect for over 10 minutes at a time.

Pepperstone Forex

it will always go up first before it goes down, or vice versa.

EURUSD

It does mean strong bearish, at the same time it always means extremely oversold all depending on what index you rather rely. What I meant was supported by fundies today seams to me the perfect day for a trend reversal in both extremely oversold ...

Cable Update (GBPUSD)