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Batman

Batman


Posts : 786
Join date : 2009-08-06
Age : 35
Location : NYC

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PostSubject: Rates Down Under   Rates Down Under Icon_minitimeTue Oct 05, 2010 8:06 pm

RBA Decision Analysis: http://analyzecapital.blogspot.com/2010/10/rates-down-under.html
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Sauros

Sauros


Posts : 516
Join date : 2009-05-14
Age : 49
Location : London

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PostSubject: Re: Rates Down Under   Rates Down Under Icon_minitimeTue Oct 05, 2010 9:22 pm

Hey Batman, hope you are OK
Unfortunately, we all have to pay our dues to the markets, that's the only way to master the game...
I would probably have done the same on the AUD: trade on the short side and get caught as well. Technically Break of the 200-SMA and strong bearish candle+ surprise decision putting pressure on the AUD is a strong signal to me. But a signal can't work all the time, the thing is it had a higher probability to work, in the long run you'll be better off using it.
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