Funny, went from a loser trade to a winner in short order. thank goodness. Im closed, taking a break. This euro weakness,...how low will it go?

Commodity Currencies

Wow EURAUD just anked...woot, what is happening? EDit ahh fed news... Sweet caught lightning in a abottle.

Commodity Currencies

I am working a new trading model. The EURUSD - AUDUSD - and EURAUD, using MA, STOC, CCI and RSI to make effective trades within these three pairs just traing based on relative strength and "likely" price action. Mixed results so far, but I am in ...

Commodity Currencies

My AUDUSD Long — I just got out of my old long at BE after suffering a couple days. Cost averaging is helpful sometimes. I still have EURAUD short added yesterday, looking for AUDUSD to outperform EURUSD on EURUSD correction. It's a tall ...

Commodity Currencies

Can't believe how wrong I can be... — I seriously need to consider doing the opposite. These moves make no sense to me

Aussie Pairs

Looks like MT chart... Their data feed got a late start.

Anyone, any idea what caused this huge spike in USD/NOK today?

Dip in the cards? I have to figure buying opportunity on any weakness. 1.5235?

EURUSD

Thank you for the local perspective. I'll take your word for it, since you likely have a better pulse than I do.

AUD/USD

Yes, supposedly the risk is that the pairs will lose more in value than interest gained. The fact is though anyone really doing a carry trade strategy is hedged so, it's my opinion the low availability of credit and high cost to borrow makes people ...

Why is the Carry Trade DEAD?

What could US possibly do to intervene? All have been doing is flooding the market with money..hehe

EURUSD

It's dead for banks who have no credit lines left and are getting margin calls for over leveraging on bogus investments offered up by Wall Street

Why is the Carry Trade DEAD?

We'll see. Based on article in WSJ, March might be worst month yet for financial reporting for banks.

AUD/USD

I think a more effective use of the coin toss, is to pick a trade based on what you think it will do. However, use the coin flip to determine if you should place the trade or not. Think about it I may try that one. Maybe use it when it comes time ...

The Coin Trade System aka Flip The Coin

Forgetaboutit — To get too wrapped up in that negative swap sentiment is not a good idea, IMO. If you are trading relatively shorter time frames, trade the pair for what it's worth. If you are holding millions in a currency unhedged, perhaps ...

Avoiding negative swaps

I have read about them, and I do not discredit them if they work for you, I just wouldn't know where to start adding them to my trading program. I wasn't trying to be smart, it could turn out to be quiet a forecasting system for you here in AUDUSD. ...

AUD/USD

I guess it all depends on the Australian economy at this point. They already went through their housing crisis, but now they have uncontrollable inflation and wages are going up do to a tight job market. I guess if the Aussie inflation bubble is to ...

AUD/USD

Those Elliot Waves hear what happening in the US economy?

AUD/USD

LOL It's a whole new (debt laden) world. I am worried and wondering if there is going to be some drastic dollar policy dreamed up by the US Govt. The "strong dollar" talk is another glaring example of nonsense out of the admin...We'll have to wait ...

Commodity Currencies

AUD a buy now? If it's going to parity, plenty of pips to be had...

Commodity Currencies

Just as impossible the rise has been, the reversal could be equally impossible I have to do my best to ride out my USDCHF and find the right exit ... I hate this part. EDIT: USDCHF closed...woot, I needed that bounce - small loss instead of ...

EURUSD