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AUD/USD

  • #17,641
  • Feb 25, 2010 11:13pm Feb 25, 2010 11:13pm
Quoting yorygog
In the short run I am.

Long run--Bullish.
I've been feeling the same. I've been staring at the chart for damn 20 mins before I could make up my mind. I'm putting in break/even stop asap.
  • #17,642
  • Feb 25, 2010 11:13pm Feb 25, 2010 11:13pm
95% of my trades are scalps.

Once in a Blue Moon I will enter a trade with long time purposes on mind.

If you can eek out 10-20 pips on a trade, why not take it?

I'll take 5.
  • #17,643
  • Feb 25, 2010 11:15pm Feb 25, 2010 11:15pm
What does long-term mean to you guys? When I say "Long-Term" I mean for the next 6-8 months, Where I'll add short AU positions or long Eur/Aud positions, I have a 6-8 Bullish USD view, is that long-term? I dont' know, but I can't think of what's gonna happen next year, just this....
  • #17,644
  • Feb 25, 2010 11:18pm Feb 25, 2010 11:18pm
Quoting Clouds
Ha. Ok.
I think I am done trading for the month. I am going to watch this pair very closely then I am going Long with full agusto.

Not ready yet, think it will drop for the time being. Shorting the tops and taking quick and small profits.
  • #17,645
  • Feb 25, 2010 11:19pm Feb 25, 2010 11:19pm
Quoting yorygog
I think I am done trading for the month. I am going to watch this pair very closely then I am going Long with full agusto.

Not ready yet, think it will drop for the time being. Shorting the tops and taking quick and small profits.
you're profile says 2007, did u trade 2008? why do u think 2010 is diff. than 2008?
  • #17,646
  • Feb 25, 2010 11:26pm Feb 25, 2010 11:26pm
See you @ 0.8578 currently holding 10 lots
  • #17,647
  • Feb 25, 2010 11:29pm Feb 25, 2010 11:29pm
Quoting Daytrader74
See you @ 0.8578 currently holding 10 lots
See you at .83
  • #17,648
  • Feb 25, 2010 11:30pm Feb 25, 2010 11:30pm
Quoting Clouds
See you at .83
Not if I see you first!
  • #17,649
  • Feb 25, 2010 11:32pm Feb 25, 2010 11:32pm
suckers are born everyday...2 of a kind and working on a full house..















lol jk
Annoying Precision
  • #17,650
  • Feb 25, 2010 11:32pm Feb 25, 2010 11:32pm
Quoting Clouds
you're profile says 2007, did u trade 2008? why do u think 2010 is diff. than 2008?
I traded for about 9 months in 2008 and i wore myself down. With the hours I was working at my job....it didn't work.

I quit trading for over a year.

For the first part of 2009 I traded sparingly until my wish came through (I requested it 7 months earlier )....I got the weekend shift!

I work 3 days a week, 12 hours a night, get paid for 40. The best part is that my workweek starts on Friday at 6:00 P.M. ends Monday at 6:00 a.M. Now I can trade 4 days a week uninterrupted. I usually leave Fridays alone.


Getting back to 2007, I lost 80% of my account in 3 weeks but yet I am still here, learned a few things, ignored many.
  • #17,651
  • Feb 25, 2010 11:33pm Feb 25, 2010 11:33pm
Morning All
Seems i missed a lot last few days but was busy my work take most of my time.
Hope everyone got nice ++

I'm in sell 0.8880 with higher risk because Daily and 1h support my view BUT we could test 0.90xx again but it's ok if that happen i can manage my risk.

GL All
  • #17,652
  • Feb 25, 2010 11:36pm Feb 25, 2010 11:36pm
Quoting kourtney
i trade in clusters of 5 lots for scalping for example in AUD/USD where the trade is predominat downside... I wait for spikes so I sell... take 15 to 20 pips and Im out....may go lower but i wait for a retracement usually in the 15v minute charts i follow this candles for fast trading...never BUY! because u can get traped forever...just sell and sell... if the currency retraces just wait till is as high as u think will go and resell.

ive made more of the profit for this account with that system
kourtney go short 100 lots aud/usd be millionaire! lol

jk
  • #17,653
  • Feb 25, 2010 11:38pm Feb 25, 2010 11:38pm
get ready to long eur/jpy


If your not already
Annoying Precision
  • #17,654
  • Feb 25, 2010 11:39pm Feb 25, 2010 11:39pm
Quoting egkid
Morning All

GL All
Thanks.
  • #17,655
  • Feb 25, 2010 11:41pm Feb 25, 2010 11:41pm
Quoting erikte279
get ready to long eur/jpy
jpy and usd pairs follow same paths. japan is in worse shape than usa. unless you're scalping, or know what you're doing, just short jpy and usd pairs. i shorted at 170 and id still short now. i guess u dont look at monthly? or u do, but you're confused...

If u want say 'I'm going long" that's fine. but suggesting others to get ready, is not good advice.
  • #17,656
  • Feb 25, 2010 11:43pm Feb 25, 2010 11:43pm
witness the majic

Quoting Clouds
jpy and usd pairs follow same paths. japan is in worse shape than usa. unless you're scalping, or know what you're doing, just short jpy and usd pairs. i shorted at 170 and id still short now. i guess u dont look at monthly? or u do, but you're confused...
Annoying Precision
  • #17,657
  • Feb 25, 2010 11:44pm Feb 25, 2010 11:44pm
Cloud, I know this is not the Yen thread but I have to ask; Which direction do you see the USD/JPY heading in the near and long term?
  • #17,658
  • Feb 25, 2010 11:44pm Feb 25, 2010 11:44pm
Quoting erikte279
witness the majic
i'll let u lose all your money, next year you might be a better trader.
  • #17,659
  • Feb 25, 2010 11:45pm Feb 25, 2010 11:45pm
Quoting yorygog
Cloud, I know this is not the Yen thread but I have to ask; Which direction do you see the USD/JPY heading in the near and long term?
Up maybe, but not much. The other JPY pairs down. Same as 2008.

But I'm not going to be making predictions. Right now jpy pairs are down, they could surprise me and go up later, but not this month, or probably not next month.... JPY is a wild card, but I don't see inflation happening in Japan soon

PS I'm much more confident in my USD bullish stance.
  • #17,660
  • Feb 25, 2010 11:46pm Feb 25, 2010 11:46pm
lol no ive got a semi tight stop 2% risk ($450) on this one....

Quoting Clouds
i'll let u lose all your money, next year you might be a better trader.
Annoying Precision
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