Let's go back to 2001 when AUD was as low as 47,5 cents. It was right before the mining boom started. Now the mining boom is over and I still don't understand why AUD is so high. It'll fall to at least 62,5 (support of 2008) in the future. I just ...

AUD/USD

If AUD was following those prices it should have been less than then 50c a long time ago. There must be something else.

AUD/USD

Thanks Tashkent. I'm a trend trader, so things like that don't bother me a lot, but still I'm ashamed that even after 12 years of constant trading I can't explain to myself what others are doing.

The Wanderings of Tashkent

A question about post 693. I have looked closely at your chart, but I still don't get it how you have spotted 0,6920 as a support, even though you were right to the pip. I would go with 0,6908, than 0,6826 etc. But why 0,6920. I know you see what I ...

The Wanderings of Tashkent

Yep, that's right may the Aussie gods look down upon us. I'm short AUD since July 2014 and I would like to have another 10-15%.

AUD/USD

You have said the sad key word. A NEW economy WHATEVER THAT IS.

AUD/USD

This person doesn't live here. )) AUD has a better chance to be 50c than 90c in the next 3 years if China goes down.

AUD/USD

Thanks, I'm using that for years.

AUD/USD

I see no problem. He has a nice stacking technic and a few ideas which I find fresh. I'll test them for several months and see how it benefits, if it benefits stacking.

AUD/USD

Thanks again Tashkent. You gave me a few thoughts for testing.

AUD/USD

Thanks Tashkent for your answer. I get it. Just a few more bits. Interesting part about drawing a line in the sand (was this line a stop loss for all your 14 positions in the last example?) And how do you understand when you are halfway with ...

AUD/USD

That was GREAT. What amount of drawdown are you happy with? I have noticed that some positions might have at least a 25 pip drawdown before it reversed. Why I'm asking is because I rarely let it go more than 10-12 pips drawdown, but then I can put a ...

AUD/USD

So, why do you notice them? ))

AUD/USD

Great words Fartist, completely with you on that. Participants should just realise it and get used to have a lot of BE trades because of trend retracements. But those trades that survive in a long trend would pay for all the small losses one can ...

Trend Trading System

It's going down nicely. See how far it goes.

Trend Trading System

Happy New year to you too and all the other traders here and around the world.

Trend Trading System

Practice is not enough at least for me. I've been practicing and using these setups for years, but only TRD, Fx and you explained what it all is and how it works in simple terms (stop hunt). So now I can go on practicing this with understanding, and ...

TRD

Well, I don't see any reason to enter long there. You should not keep that long trade hoping it will recover. This is hope and it's no good in any case. I cannot give any advice here. The only thing I can say is that I rarely keep a stop loss more ...

Trend Trading System

First of all let us see your chart, because I don't have any idea what pair are you talking about.

Trend Trading System

Agreed. I'll try to explain what I do differently than you when posting charts, so not to confuse your exact followers. Unfortunately there are no significant reversals in forex markets at the moment, so there is nothing to post. We will wait. ...

Trend Trading System