Someone with experience I see! Upvote for you! Oops...wrong forum!

USD/CHF

Oops! I got stopped out for the remaining 30k...oh well, been a good ride, let's see how it closes today...interesting days ahead!

USD/CHF

One man's food is another man's poison, I think that's how the adage goes. But yeh, price action alone confuses me enough, no need for volume to add to the complexity!

USD/JPY Discussion

I'm nitpicking, but first you said this: "traders know its a free lunch to sell dollar yen" And then two sentences later, you said: "They just burnt a lot of traders" But it's good, at least you see the downtrend is firmly in place. But take the ...

USD/JPY Discussion

You mentioned that commodity currencies had wide spreads, AUD spreads seem quite ok.

USD/JPY Discussion

You don't consider the AUD a commodity currency?

USD/JPY Discussion

You managed to contradict yourself in the space of two sentences. Cmon man, the trend is so down it's not funny, there has been no sign for weeks now that it was about to snap. The failed charge last week, was a confirmation of the continuing ...

USD/JPY Discussion

I have no idea where to take profit! I have an open position from a fortnight ago, the remnants of a short I opened. I only have 30k left to close, I've got a stop set, but no limit order...75 is your target???

USD/CHF

That was a great call!

AUDUSD for informed traders

I agree, last year the word on the street for the strength of the yen was, "the yen carry trade". Basically, borrowers of the yen were repaying their debt, hence the buying of Yen...but now? But as to trading, I've long given up on basing it on ...

USD/JPY Discussion

Let me take it a little further! The strength of the AUD undermines the deliberate weakening of the Yuan...China is now at a crossroads, they are by far the largest buyer of raw materials from Australia, with the strength of the AUD, these resources ...

USD/JPY Discussion