Dislikedi had to short again...this is crazy...i have a stop at 55 however, it is 32 now and looks like it is still moving north!Ignored
ITS THE END OF THE WORLD....aHHHHHHHH
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Dislikedi had to short again...this is crazy...i have a stop at 55 however, it is 32 now and looks like it is still moving north!Ignored
DislikedMpurdy...thats crazy! you are shorting a clear uptrend!! RULE NUMBER 1!! TRADE THE TREND! NEVER FIGHT IT!Ignored
DislikedWhat makes you think it is overbought??? I see no clear reason to short it! I mean it will reverse but why not wait for a clear reversal? You are tormenting yourself!Ignored
Dislikedmy guess is that we will never see the aussie trade below parity to the USd in the next few decades. you can all throw your charts out of the window this time.Ignored
DislikedAussie breaking record high 1.07 -
Updates: adjusted my Long position TP to 1.08 (300++ pips).
Aus government has stood up and said that they will not do anything at this moment for its high-valued money.
Event on the risk (HIGH):
PPI q/q - expected 1.0% - if it is > 1.0 - aussie will break 1.08.Ignored
DislikedAussie breaking record high 1.07 -
Updates: adjusted my Long position TP to 1.08 (300++ pips).
Aus government has stood up and said that they will not do anything at this moment for its high-valued money.
Event on the risk (HIGH):
PPI q/q - expected 1.0% - if it is > 1.0 - aussie will break 1.08.Ignored
DislikedPPI was 1.2. I added to my long at 1.0738 immediately after the numbers were released.
ASX is up .67%. EURUSD is up more than AUDUSD. DXY looks like it'll dip below 74 tonight. This is as much about bucky dying as it is about a strong Aussie economy.
Right now, the AUD is the leper with the most fingers.
I'm hoping to get a pullback so I can add some more; I prefer to buy on the dips.
Rather than looking at technicals with respect to AUDUSD, it's probably better to look at the technicals on DXY. I expect to see it below 70 by the 4th of July...Ignored
DislikedAussie breaking record high 1.07 -
Updates: adjusted my Long position TP to 1.08 (300++ pips).
Aus government has stood up and said that they will not do anything at this moment for its high-valued money.
Event on the risk (HIGH):
PPI q/q - expected 1.0% - if it is > 1.0 - aussie will break 1.08.Ignored
DislikedPPI closed @ 1.2%. (> expectation)
Heavy sell off of the pair around the world for people who are shorting the position upon this good news..
Aussie peak @ 1.0753 -> down to 1.0741 and peak to 1.0747 (pattern of more people Long than Short).
Risk Testing @ 0.01 Long @ 1.0739 - TP 1.08 (+61 pips).
Market see many pessimism in USD - which end up with more excuses to push Aussie higher.
Shorting Aussie will be very high risk as compared to Long for this week.
Jade and Petra - havent seen you two for quite sometimes.. =D Hope you are doing good....Ignored