Trading -AUD/USD

Discussion in 'Journals' started by tradingjournals, Oct 29, 2013.

  1. In conversion when price did not move, yes. In thinking, evaluation and conversions across time, it is unclear.

    My notation can explain why two individuals could become "richer" in their own currencies after trading with each other. Your way of looking at it will make it look like a paradox.
     
    #251     Nov 14, 2013
  2. Long EUR/NZD at 1.6225

    Like the GBP/NZD, this pair is very volatile!
     
    #252     Nov 14, 2013
  3. Wait a minute, if I trade Yen against dollars with you for example and I win $10.000, that money is coming from your pocket, so how can we both be richer after that transaction?? :confused:

    The Forex and the Futures markets are both zero-sum games, no new money is ever created.
     
    #253     Nov 15, 2013
  4. Visaria

    Visaria

    yet money is created (and destroyed ) from central bank operations and credit expansion and contraction from financial institutions.
     
    #254     Nov 15, 2013
  5. Visaria

    Visaria

    9356 was my target as well :mad:
     
    #255     Nov 15, 2013
  6. Dumping EUR/NZD at 1.6216 (9 pip loss) and buying NZD/USD at 0.8290
     
    #256     Nov 15, 2013
  7. Out at 0.8295 (+5 pips). Fridays are usually hard to decode and trade.
     
    #257     Nov 15, 2013
  8. ramora

    ramora

    Very slow... well done. xelite, are you a systems trader, price action, support/resistance, other? What works, or does not work?

    Have a good weekend,
     
    #258     Nov 15, 2013
  9. Visaria

    Visaria

    stopped at 9994
     
    #259     Nov 18, 2013
  10. AUD/JPY @ 94.02. Short side. My models are bearish the stock market with SPY at 180.50. I believe this pair generally reflect the stock market. If someone has correlation, pls. share.
     
    #260     Nov 18, 2013