- Search Metals Mine
- Max FX replied Jun 21, 2013
Don't be misleaded by this move up. It can be just profit taking before weekend.
AUD/USD
- Max FX replied Jun 21, 2013
According to zulu trade website there are a lot of traders and investors. And nobody reply anything in this thread. All these traders and investors are never visit our forum? Than it's strange. Now I starting to doubt more in reliabilty of info on ...
Do you believe in social trading performance data?
- Max FX replied Jun 20, 2013
can you please tell me about 30 year support. What do you see here? I have a history from 1974 when Oz started free fall from 1.48 to 0.4774 in 2001. Than it rebounded to 0.9850 (50% retracement from 1974-2001) and fall again to 0.5971 (0.764). ...
AUD/USD
- Max FX replied Jun 20, 2013
Thanks for sharing. Good luck. If this small range will be broken than long term FIBO around 0.914 will be tested imho.
AUD/USD
- Max FX replied Jun 20, 2013
I sincerely with you good luck in this trade. And hope that we are right that Oz can recovery. If I asked you about stop, I have to ask about take profit). Should be something substantial if you have 300 pips stop loss. BTW looks like guys return ...
AUD/USD
- Max FX replied Jun 20, 2013
Nice opinion, I like the way you are thinking. But then we still have a mining boom slowing down, RBA thinking that OZ is still strong, as I remember ford was leaving Australia because of high costs and etc. At the end what about people and their ...
AUD/USD
- Max FX replied Jun 20, 2013
The Aussie is getting hit from all directions and the outlook is not promising. The Fed inspired 'taper tantrum' & China's soft HSBC PMI are keeping AUD/USD pinned near near 3 year lows. It's pressing into the 38.2% Fib of Oct. '08- July '11 rally. ...
AUD/USD
- Max FX replied Jun 20, 2013
BTW China is the biggest trading partner for Australia. LONDON, June 20 (IFR) - Gravity defying money market rates are usually a signal of a market that has stopped functioning, and this is just such a scenario that the PBoC now confronts ...
AUD/USD
- Max FX replied Jun 20, 2013
Can you tecnically explain why euro rebounded after quite qood US data? OZ holding. NZD falling. It's not only about technical view. It's people around. And everybody thinking in his own way.
AUD/USD
- Max FX replied Jun 20, 2013
Pimco's Bill Gross framed the debate perfectly that investors and trading desks around the world will be having in the days ahead. His view is that the Fed is making a bad bet by forecasting a cyclical upswing in the economy and thus laying the path ...
AUD/USD
- Max FX replied Jun 20, 2013
I said potential. Because as I say before you never know. What will be with your faith if it go lower? And I don't like suffering for months looking how my account bleeding...
AUD/USD
- Max FX replied Jun 20, 2013
China bubbles and economy slow down. Falling commodity prices and etc. All it not in OZ favour. But it can be easily changed by another idea which we don't know yet.
AUD/USD
- Max FX replied Jun 20, 2013
Tomorrow friday. OZ drop a lot. Peole can start closing positions (profit taking) before weekend and can lift OZ and most will believe that this is rebond. But it can be just profit taking move. Another thing that FED only suggesting that US economy ...
AUD/USD
- Max FX replied Jun 20, 2013
Seriosly I glad. Main question what will be in one year. I know many traders. I know stories (real stories) like people made 1 mio with 10K account. And know guys who was able to made 100 % in short period of time. Main problem to hold it.
AUD/USD
- Max FX replied Jun 20, 2013
And you seriously think that you will be able to hold potential 20+ big quotes loss?
AUD/USD
- Max FX replied Jun 20, 2013
If everything was so simple like you write here than it should be much more profitable traders. You never know...what can be next.
AUD/USD
- Max FX replied Jun 20, 2013
For a long time it was huge range 0.96-1.06 which was broken. On monthly charts it's still uptrend) but trend line at 0.7160.
AUD/USD
- Max FX replied Jun 19, 2013
If you trade and loose than somebody will take this profit. It's true. This is just a rule of the game. Doesn't metter where do you trade marketmaker or ECN because anyway it should be counterparty for you trade. If you physically convert euro to ...
Every time you win, someone else loses, and vice versa?
- Max FX replied Jun 19, 2013
Many thanks to admin for moving the thread here. Initially it was posted wrong.
Do you believe in social trading performance data?