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Signal was correct, hence trade triggered. However, market made an opposite move. Market has been reacting a bit odd lately but it will get back to normal sooner rather than later.
It's cool enough to be making 15-30% monthly in this environment. When things get better results should follow.
I see you kept your cool and stayed disciplined, way too much bad luck precisely when you go for 30 lots on that account. Well on the bright side your account will live to trade another day.
Hey Vidster, please update your account, i am curious to see how you are doing with that 30 lots gbp long...
Here you go Coy0te, I just sent you track to PM. As you see I gave profits made on AUD back but that's all. Still up 70% in 2 months. With new broker it's been going even better due to better trading conditions.
Hmm, I never really understood counter trend trading especially on such a news. There was a rate cut and you are buying the currency. I would understand buying it but not so quickly after news. Especially if it's not a scalp. Perhaps after a few days when traders re evaluate the decision. Anyway I leave you working.
However, I am doing the opposite. Check my last trade. Hopefully one more tonight and I close this account down as I said before. Hence the short track for my all haters
I admit I threw out a few profanities when I watched AUD drop 150pips on the back of the RBA decision while there were a couple of trades in profit. But, like a pro, you worked your way out of it in quick time.
Yes, I second Nick on that one. After the RBA decision I thought we were screwed
I admit I threw out a few profanities when I watched AUD drop 150pips on the back of the RBA decision while there were a couple of trades in profit. But, like a pro, you worked your way out of it in quick time.
Hmm, I never really understood counter trend trading especially on such a news. There was a rate cut and you are buying the currency. I would understand buying it but not so quickly after news. Especially if it's not a scalp. Perhaps after a few days when traders re evaluate the decision. Anyway I leave you working.
However, I am doing the opposite. Check my last trade. Hopefully one more tonight and I close this account down as I said before. Hence the short track for my all haters
Hey SC, could you just give me some hint if you are planning to close AUDCAD basket before RBA rate decision or are you intending to hold into event?
I'd just like to know in order to manually adjust them accordingly. Thanks.
Is there a way you avoid opening trades a few min before 5pm EST? Some brokers (LPs) widen spreads minutes before rollover and some even hold trading for a few minutes. It's stupid what they are doing but it is how it is and I don't want to give them money for free.
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