out
sorry about cable stuff in this thread, just that it became a topic of discussion
EUR/USD, AUD/USD, and CAD/USD ready to move up 2 replies
EUR/GBP, EUR/USD, GBP/USD, AUD/USD, CAD, NZD, JPY, and more... 14 replies
Anyone here trading AUD/USD or USD/AUD tonight regarding AUS Home Loan Report? 1 reply
The AUD/USD 1.00 EUR/AUD 1.60 GBP/AUD 2.00 Thread! 0 replies
AUD Trade Balance and AUD Retail sales 6 replies
DislikedIgnored
Disliked300 pips and 15% growth this week
I strongly feel we have a lot more down side to come. This pair has been squeezed for a while now. We have hit parity as some of you predicted for this week.
Next week is likely to be choppy at least for the first half. I am still selling rallies and looking at 9915 as a target. Europe is still a complete mess with no real solution in sight (see FF news item). looking at a collapse IMO but not a complete one just yet.
Longer term - The intervention program (once they work one out) will be a temporary solution...Ignored
DislikedNice
I have secured 1100 pips (7.5% growth) for the week, and 2500 pips (15.3%) for the month (I guess it was coming after the bad September)
Let's hope next week would be as good for all of usIgnored
DislikedThe week trade that was:
I started the week with 2 big losses. Then rode the drop and each trade I scaled up. I was big time ROI and by Friday US session, I had this crap of a lousy Stopped Out trade that brought my ROI down to just 10%.
I hate that last trade. I went too greedy and ended with crap. Lesson learned on the last trade: "Find the proper Stop Level". Not all "round number" is a good SL level. Check the chart where congestions are located. Before going into this trade, I was using 1.0125 as SL knowing 1.0120 is a strong Resistance....Ignored
DislikedThe week trade that was:
I started the week with 2 big losses. Then rode the drop and each trade I scaled up. I was big time ROI and by Friday US session, I had this crap of a lousy Stopped Out trade that brought my ROI down to just 10%.
I hate that last trade. I went too greedy and ended with crap. Lesson learned on the last trade: "Find the proper Stop Level". Not all "round number" is a good SL level. Check the chart where congestions are located. Before going into this trade, I was using 1.0125 as SL knowing 1.0120 is a strong Resistance....Ignored
DislikedThe week trade that was:
I started the week with 2 big losses. Then rode the drop and each trade I scaled up. I was big time ROI and by Friday US session, I had this crap of a lousy Stopped Out trade that brought my ROI down to just 10%.
I hate that last trade. I went too greedy and ended with crap. Lesson learned on the last trade: "Find the proper Stop Level". Not all "round number" is a good SL level. Check the chart where congestions are located. Before going into this trade, I was using 1.0125 as SL knowing 1.0120 is a strong Resistance....Ignored
DislikedHello,
although i'm nor bullish on the market and he high yielders i think that if something every negative comes out and spooks the markets or the sovereign euro bonds, there is a risk for a short squeeze in the markets. Everybody is pretty bearish and negative on everything. So here is a possible upward scenario if there is a squeeze. So far the TL has been providing downside support. Let's see if it can hold and go up for short opportunities.Ignored
DislikedHello,
although i'm nor bullish on the market and he high yielders i think that if something every negative comes out and spooks the markets or the sovereign euro bonds, there is a risk for a short squeeze in the markets. Everybody is pretty bearish and negative on everything. So here is a possible upward scenario if there is a squeeze. So far the TL has been providing downside support. Let's see if it can hold and go up for short opportunities.[/quote
Using your chart, the threat of an inverse H&S pattern is still...Ignored
Dislikedabout time someone agreed with me, felt like i was the only bull left in this thread. like ive said in a post somewhere earlier in the week, i dont see it going to parity unless theres a panic inducing news release or rumour that comes floating out. this pair gravitates north otherwise.
and just like ive done the last two nights, ive lined up some longs against the trend regardless of how 'reckless' a move it seems. seems to be working.Ignored