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  • #3,281
  • Aug 2, 2012 8:00am Aug 2, 2012 8:00am
this is one crazy day
  • #3,282
  • Aug 2, 2012 8:01am Aug 2, 2012 8:01am
a hell alot of action in 30 mins. Buy the rumor, sell the fact.

They pump in up just to dump it further...
  • #3,283
  • Aug 2, 2012 8:01am Aug 2, 2012 8:01am
Quoting petehnm
gonna sit today out...see if it decides to go back up to the 1.0550 area then maybe a short...if not had a real good last three days will wait til next week to start again...good luck to you my friend ..great calls today...

thanks bro. I am just a quiet contributor and i only available this timing every thursday. because my wife not allow me to play trading for other evenings !!! haha no choice
  • #3,284
  • Aug 2, 2012 8:04am Aug 2, 2012 8:04am
Followimg the seasonal pattern, audusd should come down in august.

Leticus, whats your take on this ? i have lost 67% of my account in 2 days only.

Enlight me
  • #3,285
  • Aug 2, 2012 8:06am Aug 2, 2012 8:06am
Quoting Esssex
The long awaited pullback it's been a week of waiting. Just hoping it gathers more momentum to hit all my buy orders.
just out curiosity how far down are you buying...
  • #3,286
  • Aug 2, 2012 8:08am Aug 2, 2012 8:08am
Quoting petehnm
just out curiosity how far down are you buying...

I know it sounds crazy but I still think 1.06-07 are still possibilities not today but still there to be had...
  • #3,287
  • Aug 2, 2012 8:10am Aug 2, 2012 8:10am
I would personally step out, if no more position on hold, and wait until new york close to plan new entries, any new entries now is gambling.

note that all stoch, rsi, cci, all indicators are not following price! they are too lag behind, so indicators are no use during such fundamental.
200 pips in 30 mins on eur is no joke. 100 pips for aud
  • #3,288
  • Aug 2, 2012 8:10am Aug 2, 2012 8:10am
Quoting hopye
Followimg the seasonal pattern, audusd should come down in august.

Leticus, whats your take on this ? i have lost 67% of my account in 2 days only.

Enlight me
First of all , Entry strategy is one part of forex. You need to have money management and controlled leverage first before even think of Entry point.



For august prediction, i will wait for Daddy Bear 's cartoon prediction since this is his forte. Then when the action comes, i will be your live commentator again. Work in hand in hand.
  • #3,289
  • Aug 2, 2012 8:11am Aug 2, 2012 8:11am
Quoting 5percent
I would personally step out, if no more position on hold, and wait until new york close to plan new entries, any new entries now is gambling.

note that all stoch, rsi, cci, all indicators are not following price! they are too lag behind, so indicators are no use during such fundamental.
200 pips in 30 mins on eur is no joke. 100 pips for aud


Yes, they are all lagged behind for indcators. Normally we dont use it in our exchange for big swing.
  • #3,290
  • Aug 2, 2012 8:12am Aug 2, 2012 8:12am
Quoting petehnm
I know it sounds crazy but I still think 1.06-07 are still possibilities not today but still there to be had...
Pete with a few bumps on the way we should go down to around 10350 - 10380 then back up around 10780 ...
  • #3,291
  • Aug 2, 2012 8:12am Aug 2, 2012 8:12am
Risk trades are going to get whipped by the end of the week IMHO.
  • #3,292
  • Aug 2, 2012 8:16am Aug 2, 2012 8:16am
Quoting DNTme
let the show work for you
+115 +103 +86 + 75 + 56 + 40 +25 = 500 pips HALF positions

YHAAA++!!
fokyou forexfactory
  • #3,293
  • Aug 2, 2012 8:17am Aug 2, 2012 8:17am
I personally devised a special alert system myself using real live data feeds, so it will not be lagged behind like indicators. It will issue a sms alert to you when to do the trade up or down.

If you guys want to try it, please pm your mobile number (plus country code) to me. no obligations. international sending


I based on that system to do the trade just now.
  • #3,294
  • Aug 2, 2012 8:17am Aug 2, 2012 8:17am
bloody hell...loaded up heavily on eur/usd only to fall down after 5 mins..overall loss & now aud/usd downtrend momentum is loosing. beginning to hate this fx
Be the change that you want to change
  • #3,295
  • Aug 2, 2012 8:18am Aug 2, 2012 8:18am
Quoting supertubes
Pete with a few bumps on the way we should go down to around 10350 - 10380 then back up around 10780 ...
I'm not sure it can move that further down, in that case, we can see euro at 1.20xx
  • #3,296
  • Aug 2, 2012 8:20am Aug 2, 2012 8:20am
Quoting petehnm
just out curiosity how far down are you buying...
I'm not buying just yet but I'm looking at around 0340.
  • #3,297
  • Aug 2, 2012 8:20am Aug 2, 2012 8:20am
Patience is good, but it also make you miss opportunities
  • #3,298
  • Aug 2, 2012 8:20am Aug 2, 2012 8:20am
Quoting leticus
First of all , Entry strategy is one part of forex. You need to have money management and controlled leverage first before even think of Entry point.



For august prediction, i will wait for Daddy Bear 's cartoon prediction since this is his forte. Then when the action comes, i will be your live commentator again. Work in hand in hand.
keep up the good work bro
  • #3,299
  • Aug 2, 2012 8:22am Aug 2, 2012 8:22am
Quoting salt
I'm not sure it can move that further down, in that case, we can see euro at 1.20xx
Depends on how the market reacts @ US open, if not we might see it tomorrow with NFP. I'm not trading until NFP though where we'll hopefully establish a clear direction.
  • #3,300
  • Edited 8:31am Aug 2, 2012 8:22am | Edited 8:31am
Quoting mubinirl
bloody hell...loaded up heavily on eur/usd only to fall down after 5 mins..overall loss & now aud/usd downtrend momentum is loosing. beginning to hate this fx
Will go further down within half an hour. Takecare.
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