The RBA have taken a big chunk out of interest rates. Dropping from 7% down to 6% in one big drop.
I shut down my AUD hedge (I live in Aus) this morning (damn it has hurt a bit!) and I’ve taken a small short position hoping that this might continue to fall.
Cash Rate Target [...]
Forex Howto is a site that I setup some years ago, I neglected it for a couple of years and now it's back online.
It will have my progress as I explore the world of Forex trading and my experiences in trying to profit from it.
If you need to contact me, just leave a message on any of my posts and I'll be sure to read it.
About me: I'm a 31 year old aussie living in Sydney, Australia.
I work as a programmer and hope to someday use my programming skills and growing knowledge of FOREX to work fulltime, ideally in an automated trading setup.
A couple of pages which might be of interest to new traders: