Just cashed out to be safe, around 50 pips.. came too quick... hopefully the EUR can go back to 1.4800-1.4850 for re-rentry.

AUD/USD

And there it is! People seem to be unloading on the market when they get a chance, dow went red.

AUD/USD

1.4850 is my ideal short entry and it got close... that's where I filled last Thursday for a nice little ride down... I bit early and am in at 1.4820 today; considering if it's time to hold longer for the big USD rally or just hold for a smaller ...

AUD/USD

It seems like selling strength could be the new trend until the market pullsback some more... keep an eye on the Dow, if it goes flat or red later today then it is very likely... of course, AUD is going to do it's own thing entirely based on that ...

AUD/USD

Not yet, but I just got a practice account with FXCM UK and may go with them; also, Forex.com (Gain Capital), who I'm currently with (US version)has a UK division that I may sign up with instead of FXCM UK... it's pretty much down to those two. ...

AUD/USD

Holy crap, that AUD/CAD sunk like a stone; I filled a short over 0.9800 not too long ago and just cashed it out at 0.9730... was going to be a longer term play but that move came too quick... keep your eyes on this pair guys if it breaks 0.9800 ...

AUD/USD

Just shorted now at 1.4844 and have my AUD long from yesterday in profit with a stop/loss at 0.9150... What's your profit target on the downside with the EURO? 1.44-1.45? I actually wouldn't be surprised if it lost the 1.40 handle by March of next ...

EURUSD

We may very well have a Bullish Engulfing pattern on the daily charts... if so, that'll be huge and could still give you your target this year.

AUD/USD

Better to be safe than sorry... I'm barely hanging in on the long side now, moved the stop up to 0.9150; , I'm going to be stopped out any minute now, but it's been a great ride today! Profited nice on NZD short, ended up profited decent on AUD long ...

AUD/USD

Yeah, my hedging strategy will differ from yours as it's not based on scalping... but I'm sure we can both learn a lot from eachother by sharing tips and techniques.

AUD/USD

Still holding those longs G Man? Working out great so far! I added more long this morning at 0.9080 (after good GDP numbers) dumped part of my position at 0.9130 and now have the stop set for the rest at 0.9100... sky's the limit for the upside if ...

AUD/USD

I just opened a practice account with a UK broker and will likely fund it next week so I can start to hedge the same pair... been working on, backtesting and paper trading a certain hedging strategy lately that I came up with and it's been awesome, ...

AUD/USD

0.9139 is the 100 hour MA for AUD right now and is capping gains... setting my stop at 0.9100 now and walking away... good luck everyone.

AUD/USD

U mean hedging? I was short NZD and long AUD b/c I can't hedge in my account... ended up closing my NZD short too early but made some decent profits... my AUD longs are in profit too now, as I added twice to my position yesterday. Kinda feel like ...

AUD/USD

1057/1058 is the major trendline on the S&P that was broken yesterday; if we can get back above and close above it, then the risk trade should be back on... meaning long AUD. I'm keeping a stop on my longs at 0.9020 here (slightly below that dip ...

AUD/USD

If the Dow and S&P can stay propped up and break 10,000 again AUD has the chance for all new highs this year! I kinda see next week being more rangebound, 0.8950-0.9250 like you said. The low could likely be in for now if the DOW doesn't end up ...

AUD/USD

Nope, formations broke.... now the question is, how low can you go?

AUD/USD

There's a possible cup and handle formation forming on the 15 minute chart (the handle is forming right now)... if this works out we could get a nice pop higher (I'm thinking at least 0.9050)... Be very careful though, we're both bottom picking here ...

AUD/USD

I'm holding to 0.9180; of course, if you don't think the true market sell-off has officially began, I say hold for new highs this year, but I wouldn't use too big of a position.

AUD/USD

Stopped out at 0.8980; the Euro is getting creamed here, even against the Pound.

EURUSD