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  • #3,121
  • Aug 1, 2012 8:43pm Aug 1, 2012 8:43pm
Quoting palabara
sad thing is it was moving more before the reports.. I think everyone just wanted them to be negative. I bet you if it was negative, id sink like a rock.
of course it would I'm long....lol
  • #3,122
  • Aug 1, 2012 8:43pm Aug 1, 2012 8:43pm
Quoting mubinirl
probably wants to go down..but some MM's not letting it go up

Sounds about right, cause they probably holding a lot of short positions.
There are those who know, and there are those who don't know.
  • #3,123
  • Aug 1, 2012 8:43pm Aug 1, 2012 8:43pm
Quoting payal
AUDUSD failed around its 38.2% retracement level, now there is significant downward pressure, I guess.
yea that's bogging me as well.. whether to go short or not
  • #3,124
  • Aug 1, 2012 8:43pm Aug 1, 2012 8:43pm
Quoting petehnm
of course it would I'm long....lol
both reports positive...I don't see resistance holding too much longer
Good luck and may the odds be ever in your favor!
  • #3,125
  • Aug 1, 2012 8:44pm Aug 1, 2012 8:44pm
Quoting dbutton1990
both reports positive...I don't see resistance holding too much longer
MM's don't like to take loss's either apparently! but, its a gamble.. I said it was a gamble.
There are those who know, and there are those who don't know.
  • #3,126
  • Aug 1, 2012 8:45pm Aug 1, 2012 8:45pm
I'm sidelined for now guys...something is not right here. once it breaks 1.0475 I'll hop back in
Good luck and may the odds be ever in your favor!
  • #3,127
  • Aug 1, 2012 8:45pm Aug 1, 2012 8:45pm
cant stay up anymore to see the action..setting sl & going to bed..nighty night

Sorry for your loss...my sincere condolence to you n family..
Be the change that you want to change
  • #3,128
  • Aug 1, 2012 8:46pm Aug 1, 2012 8:46pm
Quoting mubinirl
cant stay up anymore to see the action..setting sl & going to bed..nighty night

Sorry for your loss...my sincere condolence to you n family..
thank you.
There are those who know, and there are those who don't know.
  • #3,129
  • Aug 1, 2012 8:47pm Aug 1, 2012 8:47pm
Quoting dbutton1990
I'm sidelined for now guys...something is not right here. once it breaks 1.0475 I'll hop back in
good call
There are those who know, and there are those who don't know.
  • #3,130
  • Aug 1, 2012 8:47pm Aug 1, 2012 8:47pm
Might be going short here in a few...darn news makes no sense sometimes lol
Good luck and may the odds be ever in your favor!
  • #3,131
  • Aug 1, 2012 8:48pm Aug 1, 2012 8:48pm
Quoting dbutton1990
Might be going short here in a few...darn news makes no sense sometimes lol
you know its the MM's.
There are those who know, and there are those who don't know.
  • #3,132
  • Aug 1, 2012 8:49pm Aug 1, 2012 8:49pm
Quoting palabara
you know its the MM's.
Yeah more then likely.
Good luck and may the odds be ever in your favor!
  • #3,133
  • Aug 1, 2012 8:49pm Aug 1, 2012 8:49pm
Quoting palabara
you know its the MM's.
they'll probably drag it down to a level where they can unload and then start buying.
There are those who know, and there are those who don't know.
  • #3,134
  • Aug 1, 2012 8:49pm Aug 1, 2012 8:49pm
alright already go up....
  • #3,135
  • Aug 1, 2012 8:50pm Aug 1, 2012 8:50pm
They want to bring the Aus down..no news will make it go up now..
Be the change that you want to change
  • #3,136
  • Aug 1, 2012 8:51pm Aug 1, 2012 8:51pm
Guys, what's MM? I believe you're not revering to Money Management are you?
  • #3,137
  • Aug 1, 2012 8:52pm Aug 1, 2012 8:52pm
Quoting mubinirl
They want to bring the Aus down..no news will make it go up now..
once shorts are unloaded someone needs to buy them which will cause that itself to go up.. they are going to have to take a loss. You know they've been shorting like crazy.
There are those who know, and there are those who don't know.
  • #3,138
  • Aug 1, 2012 8:52pm Aug 1, 2012 8:52pm
Quoting irfandbl
Guys, what's MM? I believe you're not revering to Money Management are you?
Market Makers
There are those who know, and there are those who don't know.
  • #3,139
  • Aug 1, 2012 8:52pm Aug 1, 2012 8:52pm
Not sure if it has anything to do with the ECB decision tomorrow but it seems like good news is sending the markets in opposite direction. I think that many people are relying on more stimulus from the ECB or US and good news will make the Kings (Draghi and Bernanke) not want to do anything. Poor news will force them to take action.
  • #3,140
  • Aug 1, 2012 8:53pm Aug 1, 2012 8:53pm
Quoting palabara
Market Makers
Aaah OK, cheers buddy
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