AUD/USD

Buy @ .9906
why ? because it's rally at 5 month low, and down -5% compare open price beginning of this month.
just take a trade.

stops were taking out at pivot 9960


Sorry guys

Were gonna see 9898 and maybe 9862

price was rejected by the 200 ema.. then red low close candle.. 5 and 6 ema cross..macd turned downwards ... the red candle closed at 42 ... current price 12 .. be happy w +30 .. or hold it till 00 or 80..

nice one..

9898 has succeeded

Just got up and shorted this pair again.. Had quite a healthy day yesterday. AFTER I got past the idea of longing it

Lets hope for another day just like yesterday on this thing.

We had our retraction day time for it to head to the 9820

Talk about taking it in the ass

I was expecting maybe $60 -$70 for my 3 unit short in swap rates $170 in swap rate. That + the spread = close on 10 points i need to make to b/e.

That will teach me to hold a position at 8am Aussie time

Sydney open is just a sad excuse for forex to claim that they are 24/7

The aussie and kiwi traders might as well be cleaning the gutters, at least that's useful to the community

LOL its wed.

Day Trading Terms

Advisor – the one who charges money for a piece of stock advice to cover his/her losses on the market.

Advisory Service - an advisor who lost a considerable amount of money and started new business.

Afternoon - a daily chance to give back the money you made that morning (see Friday).

Apprentice - anyone who peers at your screen shortly after you closed a profitable deal.

Average Down - what you have to do if you opened a long position and had to go to the bathroom.

Average Up - what you have to do if you opened a short position and had to go to the bathroom.

Bad Trade/Stupid Trade – an unprofitable deal that someone else carries out which does not fit your trading strategy.

Bottom - (when you have an open long position) the spot where you give up averaging down and sell; (when you have an open short position) the spot where the book recommends you to open a short position.

Break – a pause you take when you have either 2 profitable or 5 unprofitable deals in a row.

Broker - someone who studied hard and has a license to legally lose your money for a minute additional fee.

Canadian – the one who is short any stock you have.

Chart - what you check after you exit trading, trying to understand what went wrong.

Cheap Stock - a stock the price of which will decline as soon as you decide not to open a short position on it.

Confusion - 6 open positions.

Coyote Syndrome - when you feel an irresistible impulse to bite your own arm off so as not to click the mouse again.

Day Trading - trading which you start too late and exit too early.

Double Up – a phrase you employ to explain your open position after you accidentally bought more instead of selling what you had.

Down On The Day - a temporary situation until right after the next deal.

(fart) dumb greece........

look likes shes going up possible? any plans today guys?

I'm long from .9920, also long e/u and a very speculative short on E/A.

me too exact same spot minus the euro trades

check back before the 4h close to see what happpening....

with greek elections 17th next month might get a decent rally going for once!

GL

My thinking is that it's looking like a 1-2-3 reversal pattern that could be setting up. Along with its had a great run down and a breather is reasonable. I don't use indicators any more, but if i did I bet they'd be oversold.
Good luck.

I'm short 0.99456 5 units s/l now at break even

hoping the 9950 will see us back on our way down.

count me in with you guys...youre both geniuses, right

YUP U GUYS ROCK!!!!

Following Noobicle and bogus involves a high-level of risk. Noobicle and bogus are not responsible for any losses.

Not even our own
Stop to B.E at see how it plays out.

I've closed 2/3rds due to time of the day and it hasn't managed to break .9968