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And in theory, higher interest rates leads to higher currency. So long term we should be biased toward FX gains too. It's just a matter of surviving drawdown. Thing i won't be able to do i'm afraid. AUD is killing me! And it busted support big time! Worst thing, i expected it to happen and...

I'm not a good trader cause i forsee correctly if i should go long or short. I'm a good trader cause once i'm proved wrong i STICK TO MY STOP LOSS! And this stop loss happened to be carefully calculated so that i can still trade and hope to get my money back. I know i'm the best trader in the...

I'm still here! I won't buy USD at THIS level! My bet is for 1.24-1.26 at year end. There will be too much resistance to hit back 1.30 that soon.

Buffet goes long term. And in the long run, america will fall, just like Rome and the 3rd Reich :p

I took my rate here http://fxtrade.oanda.com/fxtrade/interest_calculation.shtml# in the little line FXTrade's Interest Rate Form They just give you country by country rate. I calculated the cross-rates myself. Anyway i get more interest than what the FXmath calculator tells me. Weird...

Anyway got your answer, it was not a good time to go long! On a side note i just don't understand this USD buying frenzy! The only reason is China massively buying bonds to take the US hostage down the road... Hit 'em where it hurts! In the pocket!

Oh please Coinz, Morty is a respectable man here on ET. Don't treat him like he was a goufon like everybody else! :) The guy has THE system: stay still, observe, enter only in the very few trades that you got a lot of confirmation signal! This is the traders discipline at it's best! Not...

Ok thanks, i wasn't sure about this one. What was your worst unrealised drawdown that you saw with your system of 3 pairs? (relative to the amount in your trading account, not including the cash sub-account).

I did it and it didn't work. Guess it's not 100% proof.

Nope, not yet that advanced. If CAD rise, good thing for me that's all.

Here an updated version of my spread sheet. I hope clearer. The values to play with are the zone in Gray. Nothing else. Quarter1 pairs are highest paying. Quarter2 are exotic pairs, followed but other "nod so bad" pairs. And finally hedging pair to use solely to reduce exposure (and ROI)...

Humm many things here. I don't really want to start a journal yet but i may continue to share my input here. My computer is dying and crashes every 30 minutes! So i need a system that isn't too much time consuming until i get my new beast (AMD3500+ w. SLI Nvidia and 30" LCD screen/TV and...

If GM or FORD could make good cars that don't break, they would have a chance to survive. They rule on the looks though! And i prefer a good american engine expressing it's full power at 3000 RPM than a stupid Honda engine that you have to puch up to 7000 RPM before feeling the slightest form...

Hey best currency trader on the planet, you know the short EUR/USD trade you had last year? And it took more than 8 months to be flat, and i may add with an incredible amount of luck and bad Europeans economic event? Well just cause of that you can no longer call yourself the Best trader on...

Technical mistake here, this move would be a 100% retracement form last year move, no more no less. But it has to be more or less. CHF i think lost more than last year gains, JPY sure looks to be going that way! Currencies tend to follow each others. Only CAD and AUD stay strong, cause of the...

If you have to put 5000$ of your own money I see no reason in hell for Peter Beck to keep his 30% !!! Invest it yourself and keep 100% to yourself! The idea of Swift was to play with someone else money! :D The guy face no risk dammit! He diversify between 300 traders! Never had a single...

The risk thing is nothing, it's just 1 / #positions. Just to have some kind of easy to read indicator. But obviously, the more pairs you have, the less risk you face. Also i don't keep track of correlation between pairs, i just try to use common sence for this. I suggest the 14 pairs...

Right, that's why i didn't get much interest from USD/MXN. (This one seems a safe short bet anyways since 1 year). My spreadsheet is very basic. I don't describe very much in there. Suffice to say that you chose you %account you put on every position, then you input the number of position you...

Only skalpz himself would take the extra time and effort to correctly spell his name SkAlpZ with the capital letters at the right place. You're unmasked dude!

I'm long USD. Mainly to catch the interest rate spread :)