Saturday 12 May 2012

Forex Trading

This week nothing to do.
Do nothing.

Saturday 5 May 2012

AUSUSD week9

On 2/5/2012 Australia bank has announce to cut interest rate to 3.75%, because inflation is low, the economic growth is slow. This is a fundamental change, there is no hope for a rise at this AUD USD pair. I haven't close the position, and results in bigger loses. Anyway I will not hesitate to cut out loses on next market day (Monday), no matter what.