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- thadakman replied Sep 22, 2009
Dow just made a new low of day and touched red... it's looking like a possible downtrend day today for that index, which should keep pulling the AUD down.
AUD/USD
- thadakman replied Sep 22, 2009
Personally, I'd add a tad more short near this level... that'd give you a nice chance to at least break even, depending on how soon you want to offload the trade. Something big should happen this week though, with FOMC and G20 summit... it'll all ...
AUD/USD
- thadakman replied Sep 22, 2009
Was that 10 pip profit a planned scalp? Were you planning more scalps going short? (if so, the loss needs to be cut extra early)... you need to have your stop and profit target in mind before even opening the trade... a big mistake is to take small ...
AUD/USD
- thadakman replied Sep 22, 2009
Wow, guys, the NZD broke 0.7200 (that must've screwed some people on an option barrier!)... that's too good to pass up, even more extended than the AUD... I'm shorting now and will not short the AUD until 0.8800 now (If it gets there) in order to ...
AUD/USD
- thadakman replied Sep 22, 2009
Did you short the EUR/USD when you got out of your AUD/USD short... how long before or after... b/c shorting the EUR/USD would pretty much be the same as staying in that AUD/USD short, only, your risk/reward would be higher b/c the Euro moves more ...
AUD/USD
- thadakman replied Sep 22, 2009
It'll be interesting to see what the futures do, and if the US stocks gap up or down decently... trend I've been noticing lately is play opposite (go long AUD if the Dow gaps down as the stocks usually fade and pull higher after opening) (and go ...
AUD/USD
- thadakman replied Sep 22, 2009
I think a failure to break to new highs can pull this back to the 0.8550 area though.
AUD/USD
- thadakman replied Sep 22, 2009
It was looking like a possible head and shoulders on the 4 hour chart (multiple left shoulders; same pattern happening on the GBP/USD daily chart); but now, it's looking to break to new highs... I'm personally contemplating tweaking my plan and may ...
AUD/USD
- thadakman replied Sep 22, 2009
The problem with Technical indicators is that they throw up signals after the fact (which is fine if the market ends up trending)... I say, if you're going to use them, then find a system (after lots of testing and trial and error), and once u find ...
AUD/USD
- thadakman replied Sep 22, 2009
Doesn't seem like we're gonna get much of a move until Wednesday, FOMC, and then the G20 summit later in the week.
AUD/USD
- thadakman replied Sep 21, 2009
My newly planned first short entry for the week got filled at 0.8700... I really should just play both sides, I could've ridden that up as I was pretty sure I'd get a chance to get back in at 0.8700... ah well... let's see if 0.8750 and 0.8800 ...
AUD/USD
- thadakman replied Sep 21, 2009
My bias has been down for a while also (with the stock market in general; I felt very confident about a March rally but had no idea that it would be going on for this long!); but I have only been shorting the AUD for a couple of weeks... I do see a ...
AUD/USD
- thadakman replied Sep 21, 2009
Those targets all seem very reasonable soon; with that said, anyone planning to go long at 0.8500?
AUD/USD
- thadakman replied Sep 21, 2009
As usual, early morning (NY session) dollar strengthens and then it sells off; it just can't hold it's gains later in the day... this has been happening consistently for a while now. Side note: Nasdaq is now green and the Dow is only down about 30 ...
AUD/USD
- thadakman replied Sep 21, 2009
I'd personally like to see AUD test 0.8800 this week, which would be my ideal entry to add more short (though I'll add more in the low to mid 0.8700's as I just dumped a bunch in the low 0.8600's) ... I see the big drop coming next week (after 3rd ...
AUD/USD
- thadakman replied Sep 18, 2009
Out of curiosity, what profit and stop/loss are are you targetting; also, what's your time frame? (the EUR/GBP, not the USD/CHF play)
EURUSD
- thadakman replied Sep 18, 2009
What makes you like the 0.9060 level? Is this where you're going to short?
EURUSD
- thadakman replied Sep 18, 2009
Here goes a good link... url The EUR is killing the pound (I think the pair put in the highest percentage gain this week compared to all other pairs); I'm personally shorting now (near 0.9050) and looking for a pullback near 0.9000... I'll likely ...
AUD/USD
- thadakman replied Sep 18, 2009
EUR/GBP near 0.9050! who else is going to short this? it was 0.8720 a few days ago... GBP near some good support after a big sell-off this week and EUR near yearly highs. It's high time for a pullback, at least to 0.9000.
EURUSD
- thadakman replied Sep 18, 2009
Little Forex Insider blip... "The ratio of the S&P 500 spot price to its 200-day sma is sitting at 1.20 currently and... the last time it was this high was way back in May 1983. Back then, the index was sitting -2.5% lower one week later. Food for ...
AUD/USD