For today
http://www.bom.gov.au/sa/forecasts/adelaide.shtml
http://www.dpti.sa.gov.au/latest_news/web_cameras
Ashes 2013
I couldn't help to notice how volitile the market was when if was trading below 1.05 on day five, England 7 wickets down hit a couple of fours then Aus back out to 1.12 at times.
Is there anyone that trades at below 1.05? And if so, are there any pitfalls?
Is there anyone that trades at below 1.05? And if so, are there any pitfalls?
Put it this way. If you back in $1000 at 1.05 on Australia and have $1009 in the queue at 1.04 - how do you feel as England pile on a few runs? You watch it drift to 1.12 and start thinking about the grand you might drop. Your finger hovers over redding out. Sweat starts to appear in your armpits. Your pulse quickens. This strategy can also be called picking up pennies in front of the steamroller. Don't get your shoelaces caught, the steamroller doesn't stop.burdo77 wrote:
Is there anyone that trades at below 1.05? And if so, are there any pitfalls?
Alternatively you lay $1000 for a $50 liability at 1.05. And wait. There is no sweat. There is a spike up to 1.12. You green for $937.50. And make $59.38.
Over the long term if this volatility happens more than half the time you win.
Which are you more comfortable doing? Refer to the psychology threads.
Due to the cricket world cup in 2015.LeTiss 4pm wrote:Has the cycles for Ashes series changed?Golfer wrote:Well played Aus, see you in 18mnths.
It used to be every 2 years, therefore having a home series every 4 years
We seem to be playing Australia all the time these days
Normal biennial service resumes after England have lost that one as well.
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well ashes is always my fav cricket event but know am waiting for Cricket World Cup 2015 Schedule, and want to see the the biggest match of the world cup india pakistan