It would be amazing if the stocks held up. I can't see it though. Asia is blood red. The Dubai debt debacle is the perfect excuse to take profit off the table. The PPT might be extra busy very soon though My MT4 demo has a low of only 0.9025 - ...

AUD/USD

Yeah, she's a nice English girl. Great trades. I wonder how far this is going to run. Risk aversion has taken over. EUR still holding up relatively well though. Poor BoJ. The last thing Japan needs is a strong Yen.

AUD/USD

Shucks - just seen the screen. Hope you survived that downdraft I could be waiting a little longer than I anticipated. Bloomberg just said that the BoJ might not intervene until 80.00 now (if they do). Oh, well, I earn bugger all interest in ...

AUD/USD

Wadda move, wadda move. Funky couple of days. Tried to catch the falling knife on A/J so my account is bleeding and it reminded me of this video. I'm sure you blokes will like it - she's hot. Happy Thanksgiving to our American friends. Keep it green ...

AUD/USD

Oh, you'll survive - you're a survivor. Tend to agree with Doblece. Nice round figure $1,200. It was a target that was bandied about in quite a few articles I read as well. Didn't expect the climb to be so steep/sudden though. Things are a bit ...

EURUSD

Might have to start Are you going to add at $1,200 if it gets there? Looks like a good target. Maybe I'll throw a soldier out there as well (before Ben shoots me).

EURUSD

Hi Shahab, I used to trade it quite a lot when it used to do 30 pip days - the time when it was stuck in about a 300-400 pip range for years. Since it broke out I tried trading it a couple of times and got it so wrong that I gave up on it, just like ...

AUD/USD

you're killing me. Thanks for the laugh. Needed it after those buggers fooled me with that weekly candle on USDX last week. They're good, really flippin good. So good in fact that I missed the entire rally this week and have only scraped a ...

EURUSD

Yes, quite strange. Could it be that the market is already very long AUD and there aren't any new buyers? I haven't looked at COT for ages. Looking at yearly ranges, the average yearly range for AUD the last nine years is 1,543 pips. It's done 3,157 ...

AUD/USD

Do you have MT4? You can whack the ATR (Average True Range) indicator on and adjust the value to what you want e.g. I've whacked ATR 30 on daily chart and it's given me an average value of 137 pips.

AUD/USD

We've only done 192 pips this week so far (low of 0.9111 and high of 0.9303). Average for last 26 weeks has been 279 and weekly average for year is 304 pips. We've also only done 501 pips for the month. Monthly average for this year is 649 pips. We ...

AUD/USD

I can't remember how long it took me to work out that nobody really knows where the market is going to go but it sure helped my trading once I put the decision making process back into my own hands rather than listening to all these gurus around ...

AUD/USD

Nobody knows where the market is going to go or how far it is going to go and if they say they do, then they are lying to you. You need to decide what your pain threshold is and set your stop loss accordingly. Good luck because this week can be one ...

AUD/USD

Ho, ho, ho - well Santa Claus is coming to town for some traders. Parity on CHF aye. Unfortunately I was looking the wrong way at the beginning of the week so I didn't capitalise on this rally. Shame on me. That bullish candle on weekly USDX has now ...

AUD/USD

Thanks for the heads up re Facebook. I'm not into Facebook so haven't got a clue about the games but my head has been done in all the same with MJ's "Thriller" and JLS "Everybody in Love" vids. I'm gonna have to get more organised like you with ...

AUD/USD

Well it wasn't by choice that I held on for 2 years. I didn't have a clue what I was doing back then. I just held on for dear life. I've been very, very lucky to get out of some really bad situations over the years. We have the same problem. I never ...

AUD/USD

Here is Tuesday's Daily Market Strategy file And FXCM's Sentiment Index. It's very mixed. 86% of traders short on Yen They must be for the BoJ. Might be another couple of hundred pips before they might intervene (if they do). ...

AUD/USD

Don't I know it. It took me two years to close some trades That's the lesson contra trend trading taught me .... you would have thought I would have learnt my lesson by now .... You are very disciplined. I'm just not into using those tight ...

AUD/USD

Hi Puks I don't know how this is going to play out this year because we are over-extended on the yearly ranges. I thought that some big boys would want to take some profit off the table but it hasn't materialised yet. We also had a bullish engulfing ...

AUD/USD

Well I've been in awe of all those who have been shorting. I haven't got the guts and I don't want a headache. Since I started dabbling with gold, I've only ever gone long. I thought for a while there that I may have been brainwashed by all the ...

AUD/USD