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  1. M

    50k to 500K in 10 (ten) trades

    started preparing for euraudv sell. Forces of darkness showed their hand by upgrading AU. Opposite for EU. Looking for target 1.0000. I have budget for the trade. Entered first one with stops. 5 losses will convince me I am wrong. Expect swift move - when it happens - so adding to winning...
  2. M

    Any Deutsche Mark traders in this forum?

    why not. every dog and a cat in eu have now mercedes or audi (each). time to pack the bags. i like yen more, then DEM.
  3. M

    Australian housing bubble thread

    can anyone explain tax calc from article. Looks like i am not up to date. I thought if one incurs 28K loss, then claiming the loss even at highest tax rate will cut it 50%. Report claims benefits are muvh larger : ----- The report calculates that an investor who buys a $500,000 investment...
  4. M

    50k to 500K in 10 (ten) trades

    In AU bond market predicts 6 interest rate falls in 7 months, down from 4.5% to 3%. This is reflected in AUD rate which in 0.97 usd. Which is way too high. My guess, anticipation of property downturn, probably job lossess in banks coming, etc. If it is true that AU banks borrow 40% then AUD...
  5. M

    Thomas Cook Dives 75%

    worthless company, worthless products. Left frozen in time. On the way out one or the other way.
  6. M

    50k to 500K in 10 (ten) trades

    market coming off, so averaging in again - bought some gold stocks on dip. I was too greedy to add hedge 2 weeks ago. I dont think market will go down much further. for all super geared property investors out there - new tool in your property toolbox is warranted - charcoal burner. Cheap...
  7. M

    UK Debt Bombshell

    so... if above is true who lends then ? or this picture is only one sided - excluding lending ? or there is some entity not accounted for ?
  8. M

    Short DAX at 7740

    reinvested minor profits and add to longs. ping pong. unfortunately i play on the longer timefra,e here is the news : french wine not too bad
  9. M

    So, 2011 almost over, how did you do?

    total up 5%. averaged out into cash and then averaged in at lower levels.
  10. M

    Why you should average up, NEVER down

    problem with this approach is tendency. Occasionally markets throw several winners in a row but then also couple of losers in a row. Traded for long time with accuracy 80% and then 8 losers in a row ! Statistically 0.0003% chance but I still have been served. My protection is to paper or...
  11. M

    Have you experienced success trading from L2 orderflow only?

    Level 2 & physical prices. in your case bonds, will do. Physical prices lead.
  12. M

    The 1% are the very best destroyers of wealth the world has ever seen

    why dont you just say it: robbery is the only viable business left to westerners. Ones that can't do it due to morals will be robbed.
  13. M

    50k to 500K in 10 (ten) trades

    expecting also some serious weakness in eur against aud. break below 1.29 will confirm. Target 1.0000. Probably start loading on strong down day with a stop.
  14. M

    Belgium,Hungary,Cyprus,Malta and Poland receive warnings from EU

    it feels like a f*ing moliere comedy. lets be real: germans want to grab the POWER ! Watch for sudden brutal reversal of events.
  15. M

    50k to 500K in 10 (ten) trades

    time for upside. regrettably, was too busy with my life to catch bottom - audusd 50% retracement except with some insignificant amount. i am expecting to propell at least to 1.07 withour\t retesting low at around 1.0050 -> suggesting markets will be up around similar percentage.
  16. M

    The weird economy of Australia

    and they dont like AUD low for obvious resons.
  17. M

    SHORT re-entry for GREAT DEPRESSION 2 - precision mini-TOP Hunt

    not bad. but if you are on commision and getting 10% of what I will lose if I listen to you, youll be fine 1 year in thailand living high. still thinking...
  18. M

    SHORT re-entry for GREAT DEPRESSION 2 - precision mini-TOP Hunt

    i dont know... You have not convinced me yet.
  19. M

    50k to 500K in 10 (ten) trades

    aud = proxy for gloabal inflation. can we get more inflation ? Looks like there is no other option, except if one likes riots, anarchy, etc which is not consesus. However, world is unpredictable and less desired option may materialize anyway. AUD was in '80 at 1.4 usd at the height of...
  20. M

    Pulling the trigger

    getting an edge is not easy. And gaining knowledge that this is actually an real edge is real hard. maybe even harder is to ignore 'fake' edges. For this, time is required. my guess, you know now that your edge foundations have been shaken. if you had an real edge, you knew it...
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