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Patience replied Dec 1, 2009No, rate announcement was last night (or early this morning - depending on where you are in the world). They lifted it. Check the FF calendar on home page. If you go back quite a few pages, we were discussing this rate announcement last night. It's ...
AUD/USD
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Patience replied Dec 1, 2009No, the range for the day has been over 150 pips. I only caught a few of them
Average true range for the last 30 days has been 144 pips so I think it's had it's fill for the moment.AUD/USD
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Patience replied Dec 1, 2009It's done over 150 pips today. I'd be a little surprised if it manages to eek out any more gains today. Gold touched $1,200 finally.
AUD/USD
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Patience replied Dec 1, 2009We could range in this area until Friday's NFP. It's what normally happens. The different timezones can be a pain but I really thought we would see US$ strength a couple of weeks ago because of the engulfing candles on USDX and AUD as well as the ...
AUD/USD
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Patience replied Dec 1, 2009I see them lifting their mortgage rates more than the RBA increase but are they increasing their deposit rates by the same margin? Hmmmmm, probably not, because, as I said, they are greedy $%&*(! Oh, I've just seen you have said the same thing ...
AUD/USD
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Patience replied Dec 1, 2009Not sure why it would make it skyrocket. The banks downunder are just a bunch of greedy $%&*£$. Even though I live in the UK, I also bank with Westpac and if they can squeeze extra charges out of me, they will.
AUD/USD
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Patience replied Dec 1, 2009Different brokers. I've got a close of 0.9328 and an open for the next candle of 0.9335 so only 7 pips but it still engulfs the previous candle. My chart is FXPro demo MT4. Also check Netdania - it's engulfing as well url
AUD/USD
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Patience replied Dec 1, 2009I didn't know what fundamentals were in 2004. My idea of fundamentals in 2004 were a lot of fantastic holidays in a groovy country that produced some fab movies coupled with life long brainwashing that told me the US was No. 1. Fundamentals haven't ...
AUD/USD
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Patience replied Dec 1, 2009LOL - well that's getting into the nitty gritty. I'm sorry posters if I misled you when I said that the US$ is "toast". What I was trying to say is that I don't believe the US$ will return to it's glory days any time soon based on it's fundamentals. ...
AUD/USD
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Patience replied Nov 30, 2009It's a funny time of year. I've been expecting some profit taking for a few weeks now so have been trading A/J more than A/U because this is the most overbought the A/U has been in respect of it's 200 MA on daily chart going back at least 9 years. ...
AUD/USD
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Patience replied Nov 30, 2009There's nothing wrong with posters trying to understand and gain knowledge of fundamentals. I think it enhances one's trading having an understanding of fundamentals along with chart analysis. Just my 2p
AUD/USD
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Patience replied Nov 30, 2009Cor, this post was delayed - just seen it. FF must delay posts from new members for a certain amount of time before they are displayed in the thread. Welcome to FF though
A/U is in a tight range. I'm on A/J though so BoJ's supposed ...AUD/USD
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Patience replied Nov 30, 2009Yeah, Bank of Japan are apparently holding a special policy meeting - market is dumping Yen.
AUD/USD
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Patience replied Nov 30, 2009You must have a strong heart and fantastic psychological stamina. I think I need a lot of work on the psychological aspect. I don't mind spreading the risk i.e. I could handle 5 different trades at $10.00 per pip all right but I freaked out when I ...
AUD/USD
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Patience replied Nov 30, 2009Wow. $400 per pip. I freaked out trading $50.00 per pip. I'm such a woose. How long have you been trading if you don't mind me asking.
AUD/USD
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Patience replied Nov 30, 2009
many traders on the forum would say "it was all in the charts" or "just follow your chart"
Beware of any spikes in either direction following the announcement. Always safer to give it at least 10-15 minutes to let the market show you ...AUD/USD
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Patience replied Nov 30, 2009A rate increase is usually priced into the market before the actual announcement so you may find that the actual announcement is a non-event if the market has priced the rate change and sentiment of the Central Bank correctly. The statement by the ...
AUD/USD
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Patience replied Nov 30, 2009De nada! I see you are new - welcome to FF and one of the friendliest threads around
Nah, I want higher levels if I am going to short - just glad I nipped in and out of that short on Friday. It's a hat I don't often wear so I feel quite ...AUD/USD