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AUD/USD

  • #61,641
  • Aug 5, 2013 8:44pm Aug 5, 2013 8:44pm
long until news,
maybe short after RBA rate statement...
short from 0,89550-0,89750

dunno 100 tick A/U
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  • #61,642
  • Aug 5, 2013 8:46pm Aug 5, 2013 8:46pm
Quoting John Gray
{quote} Well I got one thing right, the data was bad! I didnt trade it thankfully
That wasn't bad data. It could have been way worse.
  • #61,643
  • Aug 5, 2013 9:15pm Aug 5, 2013 9:15pm
Quoting athlonmank8
{quote} That wasn't bad data. It could have been way worse.
it could have been worse implies it was bad data
  • #61,644
  • Aug 5, 2013 9:28pm Aug 5, 2013 9:28pm
Quoting samirs
{quote} it could have been worse implies it was bad data
if you see things in perspective of further rate cuts you probably get the idea
  • #61,645
  • Aug 5, 2013 10:18pm Aug 5, 2013 10:18pm
So where is everyone expecting to long for the RBA? We are expecting RBA to cut interest rates to 2.50%
I set my set my order to long @ .8760
  • #61,646
  • Aug 5, 2013 10:24pm Aug 5, 2013 10:24pm
Quoting Pac
So where is everyone expecting to long for the RBA? We are expecting RBA to cut interest rates to 2.50% I set my set my order to long @ .8760
That might work.............

I am not sure we will see the big moves everyone is looking for.............

I think it's baked in for the most part...........
The More You Learn, The More You Earn.....
  • #61,647
  • Aug 5, 2013 10:26pm Aug 5, 2013 10:26pm
sell before buy to test the power of buyer
  • #61,648
  • Aug 5, 2013 10:29pm Aug 5, 2013 10:29pm
Any one getting the feeling that it will be 0.50% this time? also shouldn't the Rate cut, dovish stance make us go short??
  • #61,649
  • Aug 5, 2013 10:29pm Aug 5, 2013 10:29pm
Quoting forexalien
{quote} That might work............. I am not sure we will see the big moves everyone is looking for............. I think it's baked in for the most part...........
Hello Alien,
It is nice to see you on other threads than EYI..
Anyway, mind if you fill me in with why "that might work....." and why we won't be seeing the big move we are expecting?
  • #61,650
  • Aug 5, 2013 11:05pm Aug 5, 2013 11:05pm
After hearing RBA boss Stevens comments last week about not being a "major suprise" if Aussie dollar continues to fall I'm gonna stay with the short. I'm in agreement with most people here about not going long until the .875 area. I like PipAnon's idea of fading the spike, but this can be really dangerous if you don't know what you are doing. I have been burned by it before, so sometimes better to just sit, watch, and use it as a learning experience.

Green Pips to ya!
“The chicken is only an egg’s way for making another egg.” R. Dawkins
  • #61,651
  • Aug 5, 2013 11:24pm Aug 5, 2013 11:24pm
Quoting Jason1551
After hearing RBA boss Stevens comments last week about not being a "major suprise" if Aussie dollar continues to fall I'm gonna stay with the short. I'm in agreement with most people here about not going long until the .875 area. I like PipAnon's idea of fading the spike, but this can be really dangerous if you don't know what you are doing. I have been burned by it before, so sometimes better to just sit, watch, and use it as a learning experience. Green Pips to ya!
What do you mean when you say 'fading the spike'?
  • #61,652
  • Aug 5, 2013 11:25pm Aug 5, 2013 11:25pm
Hi Aboutera,
Rate cut 0.50% is very possible in my opinion.
But I prefer wait and see after the news as risk is very high here.
  • #61,653
  • Aug 5, 2013 11:26pm Aug 5, 2013 11:26pm
Quoting Mozzy
{quote} What do you mean when you say 'fading the spike'?

Go back to page 3082 Pip Anon's post explains it well.
“The chicken is only an egg’s way for making another egg.” R. Dawkins
  • #61,654
  • Aug 5, 2013 11:28pm Aug 5, 2013 11:28pm
TWO MINUTES

get those buy stops/limits ready.

buy stops for no rate cut.

buy limits for a rate cut.
Be hopeful in a winning position, and fearful in a losing position.
  • #61,655
  • Aug 5, 2013 11:30pm Aug 5, 2013 11:30pm
Quoting Jason1551
{quote} Go back to page 3082 Pip Anon's post explains it well.
Due to the setting, many do not have that many pages; you are much better off quoting the POST # if you have that as there is a facility to jump to Post 3's

Thanks,
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It takes a lot for me to IGNORE you, but you can try.
  • #61,656
  • Aug 5, 2013 11:30pm Aug 5, 2013 11:30pm
Rate cut.
  • #61,657
  • Aug 5, 2013 11:31pm Aug 5, 2013 11:31pm
WOW DAt MOVEMENT
Logics do not apply in FOREX
  • #61,658
  • Aug 5, 2013 11:32pm Aug 5, 2013 11:32pm
Can someone tell me how many times in AUDs history we have had 5 consecutive bearish monthly closes?
Be hopeful in a winning position, and fearful in a losing position.
  • #61,659
  • Aug 5, 2013 11:34pm Aug 5, 2013 11:34pm
9041 would be nice
  • #61,660
  • Aug 5, 2013 11:34pm Aug 5, 2013 11:34pm
wow, bull wake up
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