AUD/JPY - opportunity plus!

[RodC]

Re: AUDJPY - opportunity plus!

Yep,

Good pick tree,

I'm still getting my head around this forex stuff, looks interesting.

Rod.

 

[bullmarket]

Re: AUDJPY - opportunity plus!

Hi money tree

Well done if you actually made a profit on your suggestions....I have no way of verifying if you really did or didn't and/or to what extent....but then it's also of no interest to me whatsoever.

I see posters blatantly trying to big note themselves behind anonymous nic's in forums like this as nothing more than attempts to create illusions of success and credibility to help achieve whatever hidden agenda might be driving them.

Imo, blatant attempts to big note oneself leaves one wide open to having their posts laughed at by much more successful and wealthy investors/traders/business people or whatever who have taken advantage of much better opportunities than you suggested elsewhere.

Good luck in your endeavours and I'll continue to watch your posts with amusement

bullmarket

 

[money tree]

Re: AUDJPY - opportunity plus!

I dont really give a stuff what you think. I doubt anyone else does either. I didnt go to all of the effort of highlighting this opportunity to "big note" myself. I did it so that others could make money from it. Anyone with half a brain could see that.

Tell you what......you come up with the guts to make some calls, earn a perfect record and THEN maybe you MIGHT be in a position to pass judgement. Until then, shut ya friggin trap cos nobody gives a damn about your "your not as good as me cos I cant verify it" crap.

There is just no pleasing people like you. You think you can make yourself look better by making other people look bad. Even a kid can see through that. If you are insecure, perhaps this is not an appropriate means of dealing with your issues.

Oh and Im not anonymous, in fact I am the only person here where everyone knows my real name.

What is your goal here? To harrass and belittle people like me who highlight opportunities? Do you think people looking for these opportunities appreciate your actions? Are you jealous? What is your agenda?

Lets get one thing straight. These calls I made were done in real time. They were verifiable then, and they are still so now. I even posted my entry prices. So if you dont like it, dont read it. And especially, dont give your 2c cos nobody wants it. Accusing people of lying just makes you looks childish, jealous and insecure.

 

[bullmarket]

Re: AUDJPY - opportunity plus!

Hi money tree

I just call things as I see them and I gave my reasons why in my earlier post.

I will continue to post what I like with no consideration for what you think or say as I and everyone else is 100% entitled to do. As I said in other other threads, there are much more important things going on this world to be concerned about than your dribbling replies when someone doubts any claims you make.

I simply said I don't know if you actually made any profits (since there is no verifiable info to prove it) and if you did then there is no way of verifying how much profit you might have made. And all this imo leaves you wide open to being laughed at, when you claim alleged perfect records, by those who are much more successful and wealthy who took advantage of better opportunities elsewhere than what you suggested.

It's as simple as that and I can't be any fairer than that.

Feel free to continue with your childish replies to anyone that doubts any claims but as I also said in other posts they just make you look immature and foolish and I'm not going to argue with you like tech/a did. If you can't handle being doubted then the easiest thing to do would be to not make posts that are unverifiable. I will continue to question anything I feel is suspicious as I am also 100% entitled to do.

Good luck in your endeavours and I hope you let that bee out from under your bonnet one day

cheers

bullmarket

 

[Smurf1976]

Re: AUDJPY - opportunity plus!

I disagree with the basis on which Money Tree made the call but the fact is that it has been profitable SO FAR. Can't argue with the results SO FAR but I would like to know precisely what would make Tree exit the position BEFORE such an event happens.

The point of this post is to highlight that there are different approaches to trading forex and that various methods can be profitable. I am not interested in entering any debate about Tree's integrity etc.

Using a totally different approach (it's a probability based system) my system is currently long both AUD/JPY and NZD/JPY. However only NZD/JPY is actually being traded with real money due to AUD/JPY having been closed early due to the unforeseen problems detailed on the forex thread on this fourm.

Entry NZD/JPY 79.49 25/01/06 now 81.57
Entry AUD/JPY 85.56 27/12/05 now 89.12 (closed at 86.39 due to abovementioned technical issues which are unlikely to recur).

Exits. The exit method for these trades is by means of a stop loss order. The stop for AUD/JPY is presently 88.52. The stop for NZD/JPY is presently set very loose at 79.58 and will be tightened significantly when an indicator tells me to do so. The level of risk taken on NZD/JPY trades is the highest of all pairs that I trade. EUR/USD is the lowest in terms of risk taken per trade.

FOR INFORMATION ONLY. I am not a licensed financial advisor etc. Forex trading carries significant risk of loss.

Mine is a totally different approach to Tree's but both have been profitable in this case SO FAR. But only COMPLETED trades count as far as I'm concerned so the jury is still out.

If you're trading forex or considering doing so then experiment with different methods to find something which suits you.

 

[money tree]

Re: AUDJPY - opportunity plus!

as predicted AUD rates have gone up vs JPY.

AUDJPY has gone up 100 pips = capital gain
interest differential is now higher = 5.55%
interest collected since trade signaled = (11 weeks) 58.3%
also deposit interest collected

that $1000 is now $2000

 

[tech/a]

Re: AUDJPY - opportunity plus!

Well done Tree.
Great call completely transparent.
How people trade it is entirely up to the individual.

 

[mit]

Re: AUDJPY - opportunity plus!

What was the greatest dollar drawdown over the period? It has been down to 82 (400 points?) since you bought it.

MIT

 

[mit]

Re: AUDJPY - opportunity plus!

Silence...? It just seemed strange to me as by my rough calcs you would have had a 2-3k drawdown at some stage, so I can't see how $1k could have given you $2k profit as you would have needed an extra 2-3k to cover the volatility

MIT

 

[Kauri]

Re: AUDJPY - opportunity plus!

Not too excited yet but one I am casting a lazy eye over...
Cheers
.........Kauri

 

[Kauri]

Re: AUDJPY - opportunity plus!

I wonder if finally this signals capitulation by the long Japanese?? If so..

Cheers
..........Kauri

 

[BentRod]

Re: AUDJPY - opportunity plus!

maybe all those Jap chicks finally want to exit?

Nice trade too , I'm on the same one :

 

[dhukka]

Re: AUDJPY - opportunity plus!

I wonder if finally this signals capitulation by the long Japanese?? If so..

Cheers
..........Kauri

Absolutely love it Kauri, got most of my money in yen. Wonder how low it can go if the RBA gets aggressive on rates over the next 12 months? 70 out of the question?

 

[Kauri]

Re: AUDJPY - opportunity plus!

I wonder if finally this signals capitulation by the long Japanese?? If so..

Cheers
..........Kauri

I guess it might... and in no little part thanks to Fannie and Fred..

Cheers
...........Kauri