FXCM's SSI showing more getting into the short AUDUSD bandwagon. Be careful. I would not short with so many folks still heading there.

Only half+1 economists called for a rate cut. So only half+1 is priced in. What is important is the Statement that followed: url personally. I still dont know where it will go...

Surprise cut in my opinion. Short @ 1.0214 Now where will it go from here...

SSI is available at FXCM's url . You'd need an FXCM account to login. Empty/inactive account will do. Not good. Chinese aint buying! Very very low demand. Not good for mining imo. But you already know that and australia knows that as well. This ...

SSI is getting too NET SHORT at -1.93 (1.93 shorts per every 1 long) I wont be shorting this pair unless that number goes back to a neutral level lower than 1.2 We might even see a NO CUT today and this will rally 100~200 pips taking out the SHORTS.

german cpi is low. some indicating slowing economy = stagnation perhaps recession? bearish eur, bearish risk appetite

Moved SL to BE+1. 3rd times the charm. I hope I dont get stopped out like the last 2 yesterday. EDIT: STOPPED OUT!... 3 times If I get a drop below 1.0050, will add and scale in. ie, reverse martingale "Martingale" strategy is one that gives traders ...

actually i have no position prior to the restest. Just jumped in wrecklessly at the break. impatient. if EU breaks 1.3500 downward will sink AU as well berlusconi will have till sunday to bunga bunga... days counted but is it enough to rescue italy? ...

restesting lows right now

Last Sep it dropped near parity, I went long @ 1.0050. We know what happened back then. The more this keeps falling the more people go long and this triggers more drop. ie, SSI

I went in at 1.0141. it wasnt going down and managed to close at -1.0; small lot. HOW I WILL TRADE EUROPE OPEN: Yesterday, sell off was driven solely by Italian Bond Yield. SCENARIO: CASE A. If Italian Bond Yield goes down, AUDUSD should rally back ...

where do u plan to enter?

RISK is definitely OFF. It is more like FEAR! I lowered my entry from 1.0150 to match yours at 1.0141.. You must be on to something why you are getting the rides, and im not.

Fundy is SELL SELL SELL! Long is going to be giving money. this kept falling and falling to hell with retrace for 1.0250! Im waiting for 1.0150 now for a 0.98 target

im putting a sell order @ 1.026.. see if we'd get that tomorrow AU EMployment.

hindsight, I am cursing myself for having stopped out when we are dropping like this right now... sigh... last week I didnt set stops to protect profit and i ended with a big loss... now I have stops at be+1 and thats all I got: +1s

fair enough... trying to catch the price is getting us reckless

sigh... looks like its going back above 1.02 and getting stopped out... will leave it as is.. bag +1 or bag +150 edit: it made a mini spike and I bagged just a measly +0.2pips...

short @ what level?

now at 1.0190 break and its 1.0150s went short @ 1.01965 (sl BE+1). hope this goes down below