Haha Cooder I was taking the piss with that comment. Didn't mean to offend - that's why I put LOL because I was showing that it was clearly a joke. Was pulling your leg so to speak.
Well for AUS200 maybe that was a good trade but again, I only watch AU, EU and GU (and USDX). And from what I see on AU, the first 5min candle accounted for ~80-90% of the move. So if someone got in before the candle closed that's great.. but how do you know when to get out? The candle hadn't closed so you don't have a defined range therefore there's no target! And if someone entered after the close of that candle (initial move), they would've been stopped out as there was no more momentum.. because it was clearly an algo trade.
If you got some pips then good for you mate, I just don't understand how those trades are possible without luck. Again, 80% of the move was made within the first couple of minutes before it stopped.
A good news trade IMO was the NFP last week:
Haha Cooder I was taking the piss with that comment. Didn't mean...
-
- There are more pages in this discussion • 345 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
