buying dips towards 7600 and selling each time it makes a new high. Most recent two trades were short from 7627 tp 7615, and now short from 7638. Aud just broke a major downtrend line around 7630 so I'll see how it behaves as it closes in. Prepared ...

AUD/USD

I will take facts as they are - 1) the yield proposition the Aussie dollar presents is a lot more attractive than that of most other currencies 2) the RBA removed any mention of future rate cuts, which suggests the value of the aud can be seen ...

AUD/USD

consolidation today pre-RBA tomorrow. could swing any level up or down, though not far. interesting to see that 93% of the top traders on my broker are in short trades, an 11% increase from friday.

AUD/USD

hmm. looking at the daily chart since mid-June, im neutral. i don't think there's a strong case for either up or down. the AUD has been crossing in and out of various trend lines. 1) fallen below the rising trend line since the climb from 71cents ...

AUD/USD

but equally many times the spike minutes/seconds before the release has been in the opposite direction!

AUD/USD

not too worried about the net longs part, but more concerned about this ending up in a short squeeze pre-CPI and pre-Fed. therefore the stop. looks like i may have to be prepared to take a loss on this one today. annoying. made only 12 pips profit ...

AUD/USD

some comment by the japanese finance minister that sent the yen surging. im guessing that led to a kneejerk USD sell off (USDJPY pair)...and so you'll see the result in all the USD pairs. i went short at 7489 just a moment before the spike too. how ...

AUD/USD

if the Fed turns hawkish again, yea probably downwards for the AUD, and it will begin its gradual depreciation until the Fed again swings the dovish way. then it will climb. Seen that happen so many times in the past year. all the major swings in ...

AUD/USD

imo the AUD is still trending in the mid-70cents as it has been for nearly a year with a few extremes above and below. in the past week the USD appeared to have been driving all major currency pairs in its direction. what happens from here will ...

AUD/USD

Agreed on that view. Surprised that risk on is so strong actually. Could well simply be very very thin liquidity. But the AUD at this level and NZD especially, seem overvalued. Tempting to put in a sell but no way am I going to risk anything, cos ...

AUD/USD

what do you guys think about the possibility of "risk-off" (i.e. selling of risk currencies and equities) in the next few days as investors generally dump risky assets prior to the vote? i'm thinking that will quite certainly happen, and for that ...

AUD/USD

just scalp from the S/R points. see a bit of profit, take it. the market won't run far too often within the day, but if it runs against you quickly take a loss and exit..cos if it does run, it could run quickly. for starters, just took a 4pip scalp ...

AUD/USD

neh, playing the AUD today was fun while it lasted, for 2-3 profits per trade (had nothing else to do anyway, so figured setting aside a small amount of risk was worth it). made about 30 pips cumulatively, but careless as always again..DAMN..just ...

AUD/USD

on the other hand would you note that despite a wave of good news and factors, the AUD has failed to climb or sustain at a higher level? it's honestly beginning to look a convincing sell. note also that generally a lot of ccy pairs moved the other ...

AUD/USD

weird. the 200hma, 100hma and 100dma all converging on the 7392-96 area.... but the fella is just clinging around there and moving casually above and below the area as if it doesnt exist. silent market awaiting the fed huh i thought my idea ...

AUD/USD

so it seems some poll on brexit knocked the aud over again. How annoying. All my trades going nowhere today.

AUD/USD

Oh you'll never know! Meanwhile beware the round trip. Heading back for 74c again imo.

AUD/USD

i feel the bigger event will still be the UK referendum. unless FOMC surprises with a cut, it's unlikely the markets will respond too drastically to it. anyway what i was looking at was merely when the drop will be halted cos i'm working on scalping ...

AUD/USD

that was a pretty extreme move. not sure what to make of it yet. so far it seems every dip over the past two days has been bought up, yet capped around 7410 each time. plenty of volatility in the jittery market.

AUD/USD

watch what happens from here. today's uptrend looks like it's giving way to the downside. if it sustains below that trend line, i'm going to call a short... but in case it's a false breakout then the stop goes above that line. imo the so called ...

AUD/USD