AUD/USD

Alpari?
Just have a look at account numbers for that broker and you have the answer for your requoting. Besides, requoting means that you are still using market orders, aren't you? My appology for possible insult, but that's very dangerous and I dare say idiotic way of making forex trades...

how amazing your attached chart ,what indicators do you use ?can you share them ?thank you

My original long entry (55) is acting like resistance right now, i am out of longs now and more downside targets are '16 and of course 1.0.
I will be watching what happens around here and or at the levels mentioned, yes i'm still looking for long entries....

Get it here FX Multi Meter IV

Thanks Snowman.
I found this one as well.

missed the reaction at '23 which was minor pivot, will enter a portion here (38) in case it takes off here, if it makes new low at'16 will enter another there, if drops further will either take the loss or temporarily hedge depending on PA.

Every time i look at the Aussie chart something
keeps saying buy around .9980,i think i'm going
to see if we get down there to buy.

do you have manual by any chance ????

This message is on the money, this is a distorted Chinese figure probably as a result of the big Lunar New Year holidays. This figure will turn around pretty quickly.

The employment figures out of Australia were as expected and given the environmental turmoil of this calendar year and the associated problems collating data last month the drop off in part-time employment isn't surprising, especially in those areas of northern Qld impacted by the cyclone.

For me it's a brave trader holding longs on the pair.

Here is mine analyze for aud/usd put sl 0.9980

1.0015

Underwater right now. Still holding long. We'll see if we get a bounce before parity.

Regards,

This is getting very interesting,looking for a manual entry 9998
is top of entry zone,still would like 9980,tight stop cause next entry
zone is around 9915.
Cheers.

Price hit the bottom of my daily channel/ascending triangle and retreated, so I doubled down @ 1.0014. Tight stop on this trade. I am out on a break of parity. Either the triangle holds, or it doesn't. 10 lots open at one time is a pretty big position for me... so I will look to lighten some of my load on a retrace above 1.0040. Good trades to all....

Regards,

Good luck mate,short term momentum is
still down but 15mins can chage all that as you know.

Resources getting a whacking, inventory stocks building and premiums faded with prices under pressure!
Hopefully the trail down to 0.9200 will pick up speed as it breaks parity & 0.9800.



Metals battered again, prices hit multi-week lows as liquidation spreads
Thu, Mar 10 2011


Base metals were on the retreat on the LME on Thursday morning, hitting multi-week lows in most cases, pressured by a build-up of negative drivers that are fuelling waves of investment fund liquidation and systems-based sales, with further steep losses likely.

Copper dived to a 2-1/2 month low, and with liquidation building in intensity could spin down even further to test $9,100 and $9,000 per tonne. Other metals, with the exception of aluminium, were trading at six-week lows. Turnover on Select was building up, reaching levels of some 26,000 outright trades.

Today, soft Chinese trade figures for February added to downward momentum, which reflects firmer oil prices in the wake of the near-civil war in Libya, renewed eurozone debt worries and inflationary rumblings.

"A broad based correction is underway across the metals and the speed of the retreat suggests long liquidation, and given the strength of the rises since November and in some cases June, there may well be more to follow," analyst William Adams of FastMarkets noted.

"Raised uncertainty, especially over oil prices and over EU debt...may prompt potential buyers to sit on their hands to see how far this pull back runs."

Chinese data earlier showed the trade balance slip into a $7.3 billion deficit in February, its largest in seven years as exports and imports tumbled. In particular, copper product imports fell 35 percent to some 235,469 tonnes.

"The premium on copper prices in Shanghai compared to London has essentially faded completely in the past few months, or the price in Shanghai was already higher than the LME price at times, leaving barely any arbitrage opportunities," it noted.

Risk sentiment also receded following news that Moody's had downgraded Spain's credit rating to Aa2 due to the cost of having to shore up its banking sector. This follows hot on the heels of Greece's downgrade to B1 by the agency earlier this week, and raises further questions over the economic outlook for the eurozone.

Geopolitical strife in the Middle East and North Africa (Mena) region has also knocked market appetite in recent weeks. The EU and NATO are due to meet today to discuss the escalating violence in Libya - al Jazeera reported that government planes had bombed oil facilities in Ras Lanuf and Sidra yesterday.

No question momentum is down today.... but I suspect if we get a good pop up shorts will bail pretty quickly. Making money shorting this pair lately has been like a big foot sighting. Rare and damn hard to get anyone to believe you. Those that have made money today will likely not want to sacrifice it. We'll see what happens.

Regards

Dead right,could be wrong but i would be looking for this
to close higher than where we are now,might get my entry
after all,large funds might take profits from longs but i can't see
any of the tight buggars paying the swap on this baby.
Just need some traction from the Dow and see then.
Lets see what buy orders are sat under 1.000.

Easily by far the best money i have made, even though its been a little while coming. It never did trouble me much with up moves limited to circa 1.0200.

I have dropped my shorts to that price, but only because i don't think we are going to see that price again!

Holding this baby, easy ride down towards 0.9000
Hope this helps
Sanks

Well, my Aussie long is getting my tail kicked today. Glad I was short on G/U to ease the pain. Man, this is an across the board USD kick butt day that you don't see very often!

Regards,