traade
Short

Aussie weakening resumes

FX:AUDUSD   Australian Dollar/U.S. Dollar
162 4 0
global and astrological fundamentals ( i.e. Cyprus effect, full moon latency) contributes to USD strengthening. key target 1.01145.
maniekb
3 years ago
Hi. Also can add that fibo retracement 0.618. Interest point, but I wait for some indicators. I don't know at astrological fundamentals, can you get some info about this? Thanks.
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traade maniekb
3 years ago
indicators are good for describing what happened in the past, fibo retracements are equally as powerful as any randomly chosen retracement levels and astrology is an excellent tool for intuitively describing the future. if you checkout the daily aussie dollar chart with moon phases overlaying you will see something interesting. they is nothing wrong with waiting for some indicators because everyone is correct until price hits the take profit/ stoploss target.
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maniekb
3 years ago
Nice moons :). Thanks traaade for your answer. I agree with hundred percent. I have added fibo only as addition, i'm not fibbo trader. But as you say everyone is correct until price hits TP, SL. I do not know about astrology, but I see it more as a curiosity for me.
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traade maniekb
3 years ago
I don't believe in market astrology 100% because its a field that is still developing. I think this is also true with technical analysis. the market will always be a reflection of human madness.
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