Well I am glad that I switched my second entire acc from USD to AUD @ 0.83 rate Not to mention in Oanda, it pays me ~4% interest(annual rate) on daily basis.

With Austrialia Economy growing faster than US/Europe + the stocks and gold keep hitting new high. It would seems obvious that AUD is likely breaking Parity vs USD soon.

This post has been edited by billytong: Oct 25 2010, 03:34 PM

Use secondary Acc Oanda USA. I have 3 Accs type, USD, EUR, AUD now. If AUD turn into long term bearish, I will switch back to EUR/USD in instantly. But I will be harder to switch back because the interest rate every day from AUD is too hard to resist lol. Higher than any FD in Malaysia.

You should have done that long time ago when the pricing of USD is much higher. But yeah nobody can predict anything accurately. Tough luck for you.

Just for further add, switching currency in Oanda only cost the spread which is extremely cheap!

Take a break, it is not worth to play the fire if you have no idea how to trade. Not trading is part of trading, because if by not trading allows you to avoid any potential unnecessary losses it means profit to you.