I ONLY ever trade positive swap. My broker pays my grocery bill every week LOL!

Oppositional thinking on demand and supply

All brokers try and screw you but the plus/minus to the Long/short side is pretty universal. Aud/Usd target? Like I said 1.10/12. I'd be surprised if it got there before spring though.More likely this time next year.

Oppositional thinking on demand and supply

Your broker should provide them although most try to be shady over it.Heres mine and they're pretty open url Remember though that most brokers triple their rates on a Wednesday to allow for weekend except Oanda who pay every day 7 days a week.

Oppositional thinking on demand and supply

Buying Oil will definitely be on the cards, just not yet.Let it form a daily range first

Oppositional thinking on demand and supply

Cables my next target.Early days yet but swap has just switched positive to the long side.Not by a lot but enough to get me interested.Last two trades I had on that pair was long from 1.58.Closed at 1.71 when swap turned flat.Swap turned positive to ...

Oppositional thinking on demand and supply

Shit! I hope not! LOL. No, what I mean is that the significant swing low on the monthly chart is 0.62 and the obvious high is the 1.10 (where I closed last time I traded this pair ) .We're now at 50% retrace in the uptrend.Thats where I get ...

Oppositional thinking on demand and supply

Do you think the fed wants a super strong dollar?

AUD/USD

There will always be traders who think the price is too high or too low depending on their timeframe.One side will provide the liquidity for the move.For instance I'm long on this pair but cautiously.Any excessive down moves I'll buy in to but not ...

Oppositional thinking on demand and supply

Absolutely correct

Oppositional thinking on demand and supply

You know,when I look for these long term trades I pay close attention to the swap.When you get prices at these levels and the swap is so attractive in the opposite direction you have to ask yourself what the funds will be thinking. This pair is ...

Oppositional thinking on demand and supply

Sorry, I mean from .62 to 1.10

Oppositional thinking on demand and supply

Hello Isingh We're bang on 50% retrace, THE most common area in an uptrend.It could obviously drop further.The next obvious level for me would be .855. However ,I would be surprised. The 8655 level is so respected over the last couple of years, and ...

Oppositional thinking on demand and supply

Thanks Isingh, I shall have a look at that one as well.I like his view of the markets.You know,one of the major things that changed my stance and improved my trading was a few years ago meeting the new boyfriend of a close friend who is a junior ...

AUD/USD

Hmm.This whole exchange started with me asking you, genuinely, why it was you believed price must go down in order to go up.Just because our views differ doesnt make either of us right or wrong.

AUD/USD

I only found this forum a day or 2 ago! I personally start with the monthly and then work down but then I don't expect my target to be hit for months anyway.

AUD/USD

I just know that the forex market doesn't have to do A to achieve B. My "example" of NFP was exactly that.An example.My point is that any number of events can cause price to move. Got stung too many times "knowing" what was going to happen.

AUD/USD

I'></p> Hello LamiraForgive me, but I am not being fascicious in asking why you feel it "must" go deeper before 0.9.I'm not saying it wont, its just that the forex market doesnt "have" to do anything.What if, for instance, it just flops about for a ...

AUD/USD

Hello Isingh I've just had a look.Very good description you give there.All we need to do is see them doing it and copy.I read a very good book recently called "Time Compression Trading" and although a lot of it is just basic VSA, it does give a nice ...

AUD/USD

Can't believe anyone is selling this pair anymore apart from trying to scalp the stop hunts.

AUD/USD

I like to see PA as it happens.Get a feel for it if you know what I mean!😉

AUD/USD