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don't believe what you hear on the net :)

I heard someone say that there was a hidden pattern in the Ozzie dollar.... I created this backtest and although it's done through ETF instead of the currencies itself: its terrible

articles: http://www.traderplanet.com/newsletter-articles/view/13098/distribution:8/

idea:
The RBA issues their rate decision according to a fixed pattern...
A simple strategy taking advantage of the expectancy is already very rewarding:
1. Day long the Friday before the rate decision day
2. Day short the rate decision day
3. Day short the Monday before the minute's release

1 response

haha, Interesting:)
It's hard to lose money like this.