"...
If you really want to make the big bucks on a sure bet it's the banksters you need to buddy up with..."
...hehehe...I wouldn't touch gold with a ten foot pole coz been burned too many times
For me, the Feb chairperson would be perfect as partner-in-crime
...e.g if the USD is weak and everybody expect the Feb to confess to the poor state of the economy, just before the Feb is set to speak, I would buy the currency with everything under the sun. Then the Feb surprised everyone with some cock-and-bull-story (which, come to think of it, they and the ECB have been doing) and...wham...the USD go ballistic....hehehe...I wait for the huge spike to cool down, close out all my positions and quietly send a cheque to the Fed Chairperson
.........and this can be done over, and over, and over again with nobody the wiser....except my broker who will probably try to scam me or to hire me
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Yes, thanks for pointing out that EUR/AUD set-up which I have already checked out, agreed with your assessment and went in with 2 shorts at the 1.54461 & 1.54485 levels.
Will try to replace them with stronger levels as opportunity arises.
Thanks again mate!
After closing positions in profits(couldn't resist taking profits) I opened up some more shorts and finally landed up with 8 shorts.
The positive swap rate from my broker is almost twice that for AUD/USD .....thanks again mate for bringing that to my attention and I might consider trading that pair exclusively if I can close out the rest of my still opened AUD/USD