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SaiLyfee replied Feb 20, 2014I might be if I see a spike and it gives me chills...
Central Banks & Big Players
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SaiLyfee replied Feb 20, 2014Also, by just going on the color of the candle just before the news release before seeing it I wouldn't be comfortable in not knowing just how bad or good the data is and would also mentally not cope with not knowing if I was playing into the hands ...
Central Banks & Big Players
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SaiLyfee replied Feb 20, 2014Hahaha, I tried this second part and it doesn't work

Central Banks & Big Players
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SaiLyfee replied Feb 20, 2014That's exactly right, definitely will be remembering that from now on.. I say those who don't make mistakes aren't learning. This is something I can relate to as well, very true, there aren't any secret rabbit holes in this game.
What is your hardest-learned lesson in FX?
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SaiLyfee replied Feb 20, 2014I really hope it works out for ya, I personally think GJ could go abit higher as well
Geppy's Geppy Thread (GBP/JPY)
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SaiLyfee replied Feb 20, 2014Is it safe to assume the second the spike comes out if its down the news is bad and if its up its good though?...
Central Banks & Big Players
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SaiLyfee replied Feb 20, 2014Yes I agree with you there, but given it comes out 2 mins before everyone else gets it they have a huge advantage..
Central Banks & Big Players
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SaiLyfee replied Feb 20, 2014May I ask, what do you think of the CAD/CHF right now? image
Geppy's Geppy Thread (GBP/JPY)
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SaiLyfee replied Feb 20, 2014Damn Reuters subscribers...do you know how much they have to pay for that shit?
Central Banks & Big Players
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SaiLyfee replied Feb 20, 2014But if we place our trades 2 mins before the news comes out, how can we know what the data is, which ultimately will effect which way it goes..
Central Banks & Big Players
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SaiLyfee replied Feb 20, 2014Wow yeah I get that fully now, the importance of China to Australia is huge then! Thanks for the interesting info

AUD/USD
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SaiLyfee replied Feb 19, 2014Thank you. This is something I was unaware of and now makes much sense to me, its good to be able to have such people here who can share their knowledge with others so they can follow in their paths of success and someday make a great trader too.
AUD/USD
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SaiLyfee replied Feb 19, 2014Yes I do. I'm just new to trading FX is all and I never knew CNY data moved the AUD. Thanks to whackdiddy, I have learned something new and can use it to progress and further what I know.. Is that such a crime?
AUD/USD
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SaiLyfee replied Feb 19, 2014Don't worry I did exactly the same thing haha, gutted I missed that move but at least from now on I'll know for next time

AUD/USD
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What is your hardest-learned lesson in FX?
Started Feb 19, 2014|Trading Discussion|63 replies
What is your hardest learned lesson in FX? I ask this question as I would be very interested ...
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SaiLyfee replied Feb 19, 2014Since my previous post got knocked off from the last page I'll ask again, I'm just wondering if anyone could tell me why the Aussie reacts to economic data from China? Is this always the case?
AUD/USD