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tigpips 8 months ago
Interesting video - friend and subscribe for day trading, day trader, day trade videos, technical analysis...
DayTradersWin 8 months ago
excellent, clear as crystal
AVeLLiiii 11 months ago
So would it be right to say that unless the currency you are long on is highly likely to go up, you need very deep pockets to avoid getting wiped out?
Do you think the AUD/JPY is still a good bet long? Ther looks to be room for the AUD to go up against the JPY, if not the USD!
andyjm79 2 years ago
i say it can't be predicted because there're so many economic transactions going on at the same time that not one person or organization can be informed of the all the movements to anticipate the currency movenment
qiranwang 2 years ago
Looking at the carry trade pairs NOW, I think your lesson have just predicted the future
Urza26 3 years ago
Seeing that Double Top on the NZD/USD yearly chart, I think any 'sensible' trader ought to have closed their position by that signal...
ForexFrenzy 3 years ago
It makes sense now! :)
callumginty 3 years ago
Hi Callumginty, Glad to hear and thanks again for the comments. Best Regards, Dave
InformedTrades 3 years ago
Hmm im totaly confused about this, it is in my opinion that the NZD should have continued getting stronger since it has the highest interest rate. Why would anyone take their money out of a country that has such a good interest rate. I guess that there was some government intervention?
callumginty 3 years ago
Hi Callumginty, Thanks for the comment. Remember that markets trade on expectations of what is going to happen in the future not necessarily what is going on right now. So if for example the market expects NZD interest rates to ease in the future then the currency may sell off before the actual interest rate falls because the markets anticipate. Best Regards, Dave
InformedTrades 3 years ago