any blockbuster forex trade setups?

Quote from trc49492:

Looking for a really nice setup.. from a large price pattern with very good risk reward ratio...

I will sell you the holy grail of trading because I want people to win:p
 
Quote from trc49492:

Looking for a really nice setup.. from a large price pattern with very good risk reward ratio...

What don't you make one on your own???

What ever happened to people doing their own work.

-Kastro
 
Quote from toby400:

I will sell you the holy grail of trading because I want people to win:p

People who want people to win are not winning, and people who are winning want people to fail. It's human nature :)
 
Quote from Kastro_316:

People who want people to win are not winning, and people who are winning want people to fail. It's human nature :)

Curses !! _ I have been unmasked:p :D
 
Here's Bloomberg about one hour ago, trying to give me an assist (I'll take it):

_______________________________

June 27 (Bloomberg) -- The Australian dollar may advance on speculation its 2.7 percent drop this month is too steep given stabilization in prices of commodities and equity markets.

* * * *

The Australian dollar bought 73.20 U.S. cents as of 8:13 a.m. in Sydney from 73.14 cents in late Asian trading yesterday. It earlier reached 72.93 cents, the weakest since April 14. It will advance to 74 cents later this week, Franulovich said.
________________________________

My post last Thursday night:
. . . I recommend the Australian dollar over the USD in the current futures (near month) range -- say .7340 anywhere down to .7315 . . .

Some reasons: negative sentiment about metals bubble bust still priced in Aussie, along with longer-standing hangover of concern about investors possibly dumping their Aus-denominated bonds. Both ripe to be priced out. Also, Aus stock market more resilient than others in recent see saws, and rough parity of interest rates with USD tends to point away from volatility (read stops picked off) caused by carry trade.
 
Quote from ElectricSavant:

Interesting...

When you think about it, it's true.

We might not think like that on a conscious level, but when you are winning (beating the rest) you don't care how the other guy/girl is doing.

Just like a race, if you are in first place, and the guy in 5th place falls, you keep on going! But the person in 10th will help the guy up.

-Kastro
 
I do not want the guy to lose though...because I am not really racing agianst him, I am racing agianst myself...I no this sounds corny, but I like to help new traders...they have that passion for trading.

And many younger traders than I, have taught me a lot.

Michael B.

Quote from Kastro_316:

When you think about it, it's true.

We might not think like that on a conscious level, but when you are winning (beating the rest) you don't care how the other guy/girl is doing.

Just like a race, if you are in first place, and the guy in 5th place falls, you keep on going! But the person in 10th will help the guy up.

-Kastro
 
Quote from ElectricSavant:

I do not want the guy to lose though...because I am not really racing agianst him, I am racing agianst myself...I no this sounds corny, but I like to help new traders...they have that passion for trading.

And many younger traders than I, have taught me a lot.

Michael B.

Hey ES, I was not pointing my comment at you in any means lol.

Well my friend, you are an exception to my belief :) You have helped me quite a lot and I thank you for that!

What do you expect from a guy who drives a 1990 voyager with simulated wood siding?

:)
-Kastro
 
Now, if only the global community of FX mini-account holders would long AUD. Or at least enough of them to keep it trading my side (north) of .7340.

Quote from Chood:

Here's Bloomberg about one hour ago, trying to give me an assist (I'll take it):

_______________________________

June 27 (Bloomberg) -- The Australian dollar may advance on speculation its 2.7 percent drop this month is too steep given stabilization in prices of commodities and equity markets.

* * * *

The Australian dollar bought 73.20 U.S. cents as of 8:13 a.m. in Sydney from 73.14 cents in late Asian trading yesterday. It earlier reached 72.93 cents, the weakest since April 14. It will advance to 74 cents later this week, Franulovich said.
________________________________

 
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