There are good and bad EA's but everyone has an expiry especially off the shelf. The trick is to know when to exit it before it self destructs.

Which forex robot is the best?

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Best Broker for 2012?

Todays hike in CPI is from Carbon Tax implemented from July1 It isnt from demand. It's from costs. RBA will most likely look at other factors besides this event. Economy is stalling so rallies should be sold into. Rate cut is still on the cards. ...

AUD/USD

Given the massive stimulus handouts by Gillard Labor govt this number is shocking - Expect more rate cuts and that means the carry trade eroded. Initial target 1.0120-30 then parity attack. Pressure will come on EUR/AUD and GBP/AUD on the upside ...

AUD/USD

ABSOLUTELY... Up the stairs and down the elevator shaft. Just cast your mind back to 2008 and see the AUD tank from .9840 to .5980 in 3 months . You think that's a one off? Nothing in FX is a one off ;-)

AUD/USD

As the currency rises ahead of rate decision it negates upside risk as market will then focus on Nov. Don't be fooled - Unemployment is evident, China is slowing and the govt has lost control of the economy by borrowing recklessly. 1.0330 the key ...

AUD/USD

Scalping needs tight spreads end of. Broker indicates they make the commission out of spreads so there will be a mark up. Other brokers offer alternative fee structures rather than one. Good luck

MahiFX Opinions

AUD/USD .9692 Looks awful doesnt it ? A few buyers hangin around at .9670 .9640 and we slide to .9380 Aussie cash rates heading below 2.50% suggested in Dec futures. Its bleak and we need a few routs to squeeze out the bottom pickers. Watch also for ...

AUD/USD

If JP Morgan can lose $2 billion undetected, Im sure anything is possible. Go with a broker that has a good regulator and a respected financial centre. Australia is ideal because of it size, rules and education. Brokers are closely monitored and ...

Is your money safe with your broker?

Here is the rub.. Forget all the aussie data.. Its crap and after what has come out by the respect ABS on the unemployment it seems they are short of a calculator or two. Growth forecasts in BRIC's are falling which is a better sign than risk off ...

AUD/USD

Red Frogs are back in vogue ! Time to sell risk folks as those french commies tend to smoke some serious merde. Australian Budget this week.. Locally known as the fudget with all the creative accounting "merde" as treasurer tries to get his elusive ...

AUD/USD

. Successful traders normally have daily report/charts from a few different sources. www.fxcharts.com.au is free and will help the newbies understand the interpretation of charts as well as a market run down. I think he has a twitter update as well ...

Why 95% Of All Traders Fail

AUD/USD @ 1.0485 BHP's comments yesterday along with MRRT had the Aussie bears scuttling. All in all we are still trading in a broad range of 1.0400-1.0700. AUD crosses are under pressure which is nothing unusual as Im just about to head overseas ...

AUD/USD

AUD/USD @ 1.0609 1.0550 holds as frustrated longs bail yesterday from Asia's session. 1.0650 contains however and we are stuck in no mans land. Nothing inspiring 1.0580 - 1.0630 should cover it today

AUD/USD

It seems they promised what they would deliver... Zero Spreads on majors ....

Worldspreads - Zero spread on Majors

AUD/USD @ 1.0605 A break of 1.0560 signalled a move towards next containment of 1.0650 We have the RBA Governor speaking today at noon. Usual crap about containing inflation will no doubt be sprouted. Todays expected range 1.0590-1.0650 Good luck

AUD/USD

AUD/USD @1.0530 Like I thought the buyers lining up at 1.0400 created a short cover and more stops triggered above 1.0500 where I thought it may contain. Luckily I was focusing on the other liquidity last night and didnt have a possie. Today 1.0560 ...

AUD/USD

AUD/USD @ 1.0450 The ideal traders market.. tests both sides numerous sides before a crack appeared. The downside wasnt as far as I hoped but its heading that way. Sovereign buyers have been heard which may have stalled the follow through. I suspect ...

AUD/USD

Yup it has that frustration doesnt it ... Just remember you arent alone.. There are some guys who love these types of markets. The more confused the markets are the better they do..

AUD/USD

AUD/USD @ 1.0540 Some nice rangey stuff over night as we bounce between 1.0475 -1.0560 General rule of thumb is as these ranges become obvious expect the unexpected. Technically it can go either way.. (I knew a girl who... errr doesnt matter) Pick a ...

AUD/USD