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- Joined Feb 2012 | Status: Member | 21,377 Posts
In trading, you have to be defensive and aggressive at the same time
AUDUSD/AUDCHF/NZDJPY basket trading using 50 sma and 200 sma 16 replies
Pit Traders - How Do We Classify Their Trading Style? 6 replies
DislikedWe still don't have a lower low yet. Retail sales in U.S. decline...Bad for U.S.D. Direction of the pair still undecided at this point. Needs to go below .7427 and close under to have a lower low on H4Ignored
DislikedHappily for me price reached one of my targets 150 pip from the high. I'm now at 53% of my position size from the high and have a plan in place to reach 73% if we revisit 7594. If price goes down than 7414 is my next target so as to be just above the double bottom on 4 hr chart.Ignored
DislikedNew AUD thread, eh? I dig. I'm also long and recently added a bit at these levels. I probably have a much bigger target than most of you thoughIgnored
Disliked{quote} well, Geppy, i do not know what your targets are but if you are right with the direction, first one on the way is 8163 and then 8642 (at that point it is reversal of major trend) before fomc yesterday au was at the brink of breakout to downside, there were all necessary ingredients but it is really unfortunate for sellers that fed decided to back off from their interest rate plan to which markets reacted with volatility. actually fed's decision was made on the basis that global economy is still fragile (that includes Australian economy as...Ignored