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  • #37,921
  • Oct 8, 2008 6:47am Oct 8, 2008 6:47am
Quoting don.key
Probably not the best time to enter now, when NY opens, they might jerk it down 50-80 pips before running up.
I see further up moves, but..... we can see a hard drop first, I hope not, because of my long.
  • #37,922
  • Oct 8, 2008 6:47am Oct 8, 2008 6:47am
Quoting PipGal
I did cover...how low is low, lol, I covered at 68 (that was my TP) and it continued to drop.

Be careful, Aussie sentiment is horrible right now.
WOW ... just looked @ the AUDUSD chart. all I can say is. i'm speechless. if you road that, congrats. maybe you should call it a day
  • #37,923
  • Oct 8, 2008 6:48am Oct 8, 2008 6:48am
Quoting T.s.
CA or Pacific timw zone i still have 20 minutes
n/m. its early for you. i have to go to work in 30 min. but i dont want to leave my terminal!

Quoting BoredToLoose
I see further up moves, but..... we can see a hard drop first, I hope not, because of my long.
same. i would hope, it would bounce off of 1.36 at the max. but we'll see. my shorts stopped out already since I had a tight SL. so ... waiting to see where we go when NY opens.
  • #37,924
  • Oct 8, 2008 6:50am Oct 8, 2008 6:50am
Quoting kasper
WOW ... just looked @ the AUDUSD chart. all I can say is. i'm speechless. if you road that, congrats. maybe you should call it a day

I was speechless too. Amazing. Yep, calling it a day!
  • #37,925
  • Oct 8, 2008 6:50am Oct 8, 2008 6:50am
Quoting zmskyj
I fell so sorry for you. but,is this interest cut sudden or not, because i didn't find it in the Calendar of forexfactory even few minutes before the announcement. i have no clue before it happened.
COLABOSUDDEN!
if there is an english like that. means joint sudden effort. they took the world unawares
  • #37,926
  • Oct 8, 2008 6:51am Oct 8, 2008 6:51am
everyone buckle your safety belts, put on your helmet, it's going to be a wild ride.

NY open in 10 min.
  • #37,927
  • Oct 8, 2008 6:53am Oct 8, 2008 6:53am
Quoting BoredToLoose
1.6740 Is that number correct? Are you waiting to see that level?

I don't think so!! I see 1.4150 as the top for now!
good.
  • #37,928
  • Oct 8, 2008 6:53am Oct 8, 2008 6:53am
Hold on to your longs !!!
  • #37,929
  • Oct 8, 2008 6:53am Oct 8, 2008 6:53am
Quoting kasper
n/m. its early for you. i have to go to work in 30 min. but i dont want to leave my terminal!



same. i would hope, it would bounce off of 1.36 at the max. but we'll see. my shorts stopped out already since I had a tight SL. so ... waiting to see where we go when NY opens.
Kasper are you familiar with fib. sequence??? we are on the 12 day of a 13 day Cosine i stated this a couple days ago, but the market is noisy. 1.41 is a potential target on the daily, but a hard bear could halt the stampede.
T.S.
  • #37,930
  • Oct 8, 2008 6:54am Oct 8, 2008 6:54am
Quoting zmskyj
I fell so sorry for you. but,is this interest cut sudden or not, because i didn't find it in the Calendar of forexfactory even few minutes before the announcement. i have no clue before it happened.
You have to watch the financial news. Business news channels been talking about it for days...it was a surprise, however, so...
  • #37,931
  • Oct 8, 2008 6:55am Oct 8, 2008 6:55am
Quoting BoredToLoose
I see further up moves, but..... we can see a hard drop first, I hope not, because of my long.
I believe Bias is LONG now...Hard drop expected due to profit taking....

Sonic
  • #37,932
  • Oct 8, 2008 6:55am Oct 8, 2008 6:55am
Closed my 3 short positions with some losses.
I'm staying out for now, just watch what will happen after NY opens.
Looking only for aud now.
  • #37,933
  • Oct 8, 2008 6:59am Oct 8, 2008 6:59am
Quoting PipGal
I was speechless too. Amazing. Yep, calling it a day!
damn i wanted in on that...i thought you were gonna give me a heads up.... s all good i am kidding i am more EU UJ but what the heck i need to diversify
T.S.
  • #37,934
  • Oct 8, 2008 7:00am Oct 8, 2008 7:00am
What is the daily pivot now? Anyone? I have 37.24

Edit: 3742
  • #37,935
  • Oct 8, 2008 7:00am Oct 8, 2008 7:00am
Quoting T.s.
Kasper are you familiar with fib. sequence??? we are on the 12 day of a 13 day Cosine i stated this a couple days ago, but the market is noisy. 1.41 is a potential target on the daily, but a hard bear could halt the stampede.
what period are you looking at? mind posting a screenshot?
  • #37,936
  • Oct 8, 2008 7:02am Oct 8, 2008 7:02am
the price action is moderate compared to others.

Maybe forex hit the reset button last night.


  • #37,937
  • Oct 8, 2008 7:02am Oct 8, 2008 7:02am
Quoting T.s.
damn i wanted in on that...i thought you were gonna give me a heads up.... s all good i am kidding i am more EU UJ but what the heck i need to diversify

I was really going to give you a heads up, then I nodded off to sleep
  • #37,938
  • Oct 8, 2008 7:03am Oct 8, 2008 7:03am
still holding my shorts

come what may NY!
  • #37,939
  • Oct 8, 2008 7:06am Oct 8, 2008 7:06am
Quoting trading801
still holding my shorts

come what may NY!
you sir .. are a brave soul.

i wish you nothing but the best. but, please dont stand in front of a stampede if it gets going.
  • #37,940
  • Oct 8, 2008 7:07am Oct 8, 2008 7:07am
Just opened my short position. I don't really see this thing going up dramatically anytime soon. I'll be .

Don't be afraid to challenge the pros, even in their own backyard.
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