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Posts by oddavies

Fx Pool in General Apr 08, 2015 at 13:41
for me personally, it would be account 2, for learningfor you, considering your profitability, i would say its got to be account 3, for the lols
AUDUSD - Time to buy it? in General Apr 08, 2015 at 12:09
Thanks Ben, i looked back on the aud/usd chart and after the RBA's decision to hold interest rates, its interesting to see that with no data change, that one piece of new data increased the value of the aud BUT then after 4 hours the aud ceased to gain against the usd. So just for jhere's knowledge, it was possible to scalp it. How you can predict the appropriate time frame to scalp though is still a mystery to me. I would speculate though that considering the last previous greater selling trend of the aud/usd before the news release lasted 8h, was traders setting up short positions bu...
AUDUSD - Time to buy it? in General Apr 08, 2015 at 11:04
Im only a nooby here but I think both positions have merit and as you said jhehe, it all depends on the time frame but i don't think ben is going to share that with you after comments haha
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HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.
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