Forum
Posts by "forextrader"
130 Posts Total by "forextrader":
5
Posts by Anonymous "forextrader":
One hope for you guys who are short the AUD/USD is if the EUR/AUD was able to hold 1.30 and form a double bottom
Dave you are the voice of wisdom in this forum you are not a blind sheep.
@chloethebull if you keep doing this, sooner or later you will lose your trading account 100% granted last time you where lucky, maybe this time you will also be lucky but there is no grantee that it will work third time.
AUD in bullish mood, one way is to look at the 4 hour chart, you will notice the higher lows and higher highs,.AS long as it keeps making them in the 4 hour chart I am Bullish, The moment It start to have lower high, lower lows. at that moment ONLY I go short with define stop loss.
There is a good opportunity in short USD against the Swiss franc; the chart is heading down with accelerated base.
people in this fourm keep hold of there losssing position and sit here and cry and try to find some one to blame. a fundamental paractice in trading is to put stop loss .
i personally think that the AUD will continue to rally beyond 1.02. and there is a possibility that parity with US dollar will never be seen for vary long time.