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- thadakman replied Oct 5, 2009
Long USD/CAD or short NZD/USD both seem pretty safe now, both are at extreme levels.... be aware that CAD news drops tomorrow morning, that can affect the pair.
AUD/USD
- thadakman replied Oct 5, 2009
Hmm... strength isn't too severe so far; keeping that NZD at bay, which already had an amazing run... Long still seems to be the safe bet, but if it loses the pre-RBA announcement level, it should go down pretty quick!
AUD/USD
- thadakman replied Oct 5, 2009
Some FX360.com Commentary for you guys... "In anticipation to tomorrow’s rate decision, AUD/USD image has reentered the Bollinger band buy zone with an impressive rally. If Aussie bulls get what they want at tonight’s meeting, the next battle for ...
AUD/USD
- thadakman replied Oct 5, 2009
Yeah, I'm short here... be careful with what could happen if the AUD rallies later from the RBA decision... it could also tank both the AUD and NZD though. The NZD had such a nice rally today; kinda seems like that NZD business confidence got ...
AUD/USD
- thadakman replied Oct 5, 2009
I don't think it'd be a straight shot to the upside or downside; it'll just be a spark to basically have the greenlight to test 0.9000 soon on the upside or 0.8500 on the downside depending on how hawkish or dovish the statement is. And the pair ...
AUD/USD
- thadakman replied Oct 5, 2009
If that happens it could get very ugly; when AUD falls it falls hard; but it still may want to test 0.90... all on the RBA... NZD should get a nice move off that also. NZD business confidence in under 30 minutes; should should also give the AUD a ...
AUD/USD
- thadakman replied Oct 5, 2009
NZD follows AUD pretty closely; but I figure, as far as the RBA decision goes, if it causes AUD to rally, NZD wont rally quite as far so my shorts will be safer... but as far as AUD being correlated with the S&P, I agree; but I'd say that EUR has ...
AUD/USD
- thadakman replied Oct 5, 2009
I wasn't convinced that NZD would break 0.7300 again so soon; but regardless, I scale in on my trades and have planned entries up until a certain point. Still pretty comfortable so far and was happy to add more at 0.7300. I'll be looking for more ...
AUD/USD
- thadakman replied Oct 5, 2009
Not long or short AUD but am short NZD, adding to my postion now... avg 0.7250 now (in at 0.72 and now 0.73) .... the news with their business confidence coming out in a couple hours could potentially move this up to .7350 later; but I have a ...
AUD/USD
- thadakman replied Oct 4, 2009
Thanks for the heads up; I wouldn't be surprised to see this pair reaching 0.7500 if the dollar weakness continues; it'll be a nice level to heavily short but I'm taking an early shot here for now to see how the week plays out.
AUD/USD
- thadakman replied Oct 4, 2009
Shorting NZD here at 0.7200... more at 0.7250 if it gets there... Finman says NZD interest rates likely to be lower for longer than AUD; should kind of keep the topside in check and the dollar has a chance to rally very soon (if it hasn't officially ...
AUD/USD
- thadakman replied Oct 2, 2009
Out for 17 pips... markets at a standstill; cleared around 40 pips total today, not too bad since I wasn't planning to do anything this Friday.
AUD/USD
- thadakman replied Oct 2, 2009
Not bad at all... it's pausing here for now; figured this would be a key level.
AUD/USD
- thadakman replied Oct 2, 2009
Just went long at 0.8640... can I have one more winner before the weekend or am I getting greedy? Target 0.8700...
AUD/USD
- thadakman replied Oct 2, 2009
0.8640 could be a nice entry to try to go long; about a 50% retracement from the low earlier to the high above 0.8700 and also around the pre-NFP level.
AUD/USD
- thadakman replied Oct 2, 2009
The USD/JPY will be an interesting pair to watch... I'll set a buy order in lower now at 87.50 for next week; could bounce very nice from those levels if it doesn't want to run up to 91.50+ first.
AUD/USD
- thadakman replied Oct 2, 2009
That chart depresses me, I had my buy order in at 88.50 last night.
AUD/USD
- thadakman replied Oct 2, 2009
Oh... are you basing your stop/loss and profit targets on your technical too? If so, what levels?
AUD/USD