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- fxdragonz replied Apr 2, 2012
This is up and down faster then an Aussies hand.
- fxdragonz replied Apr 2, 2012
Man how can you be long in this market. am I dumb or can someone enlightened me
- fxdragonz replied Apr 2, 2012
I told you man this is a suckers rally. What more do you need. Please see my other comments
- fxdragonz replied Apr 1, 2012
I'm opposite to this, I think the retailers have opened long and they are now getting burnt. The Big Boys are having a big feed of small fry at the moment. I'll ride this down to 1.0312 then decide what to do
- fxdragonz replied Apr 1, 2012
wow 100 pip gap
- fxdragonz replied Apr 1, 2012
I sense blood and lots of it. Then again it could just be wishful thinking as Im in the bears camp.
- fxdragonz replied Apr 1, 2012
It looks like Oanda has 68% of its members are long compared to 58% IG Markets. I sense blood. Thats a massive gap and looks to be climbing. The bigger the gap the harder the fall.
- fxdragonz replied Apr 1, 2012
March PMI tends to always be stronger then Feb. because Feb. is distorted by the week shut-down over Chinese New Year. Bound to be some Volatility though. 1/2 a cent would take it to my entry point so I guess I could live with that. Anyone else have ...
- fxdragonz replied Apr 1, 2012
Also here url
- fxdragonz replied Apr 1, 2012
"Interbank futures imply around a 38 percent chance of a cut at the April 3 policy meeting, but a Reuters poll of 18 analysts found all expected rates to stay at 4.25 percent." url
- fxdragonz replied Mar 31, 2012
Gee really mixed signals. Two totally different reports. Im short from last week and keeping in mind that there is a 38% chance of a rate cut im not worried as yet.
- fxdragonz replied Mar 1, 2012
The short positions held by IG Markets has crept up to 75% again. If it does run it will do it quite hard. I am long at 1.0787 (target 1.0833) but will buy another position at 1.0777 (if it goes that low)that I'll hold for a longer term position ...
- fxdragonz replied Feb 29, 2012
Anyway off to bed but I think this is a bull night. The stops are gone. Short term traders like me have gone to bed or lunch. Commodity prices are strong and there is no reason why the AUD shouldn't hit 1.0850 tonight.
- fxdragonz replied Feb 29, 2012
yeah down to 71% now so a few stops taken out. I think it might be a good indicator if you have a definite trend like we have in the AUD/USD. Done a few stop runs now but yet to put it into a workable mathematics. Probably best for me to just stay a ...
- fxdragonz replied Feb 29, 2012
well I got my little run of the stops I was expecting and filled my 35 pips at 1.0851. Thats enough for me. Bit concerned about the Euro so might call it a night. We'll look at tomorrow . Good trading all night night, or day day if your in the ...
- fxdragonz replied Feb 29, 2012
anyway looks as if its consolidating around my Entry at 1.0816. i guess we have to wait to see if the European banks snap up around half a trillion euros of three-year loans at the ECB's second long-term refinancing operation (LTRO), according to a ...
- fxdragonz replied Feb 29, 2012
ha ha picking the top. Please tell me how to make consistent gains. Ill be a boring old risk/reward trader trying our little trends. But I have great respect for our "cap traders"
- fxdragonz replied Feb 29, 2012
Doesnt really matter yet, Im stiill yet to find a way to make money from this information. Just curious that so many people are short when sooooo obvious indicators are long since mid DEC. Am I missing something
- fxdragonz replied Feb 29, 2012
read back a few posts. " Insight" for paid members, we get to see what other traders are doing
- fxdragonz replied Feb 29, 2012
IG Markets have just gone 75% of open positions is now shorts. two way senerio. either we are going to see a heavy ceiling at 1.0820 or we are going to see a short run of stops. commodity prices still looking strong. Im keeping my bull hat on but my ...