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- thadakman replied Sep 18, 2009
AUD is pulling back nice now, the EUR is holding up though... I plan to dump some of my position at 0.8625 today if it hits (and set orders to short again at 0.8700); if it doesn't hit I'll just stick to my plan to short at 0.8750.
AUD/USD
- thadakman replied Sep 18, 2009
That sucks... I actually had a big position on a short with the EUR/GBP pair and was down decently on it a couple nights ago... and then my internet connection went out, so I couldn't get out or set my targets before I went to bed (I never really ...
AUD/USD
- thadakman replied Sep 18, 2009
I think the AUD, EUR, etc will eventually go down like the pound, but the pound is an exception here.. lots of news/stories about why it's so weak right now... the EUR/GBP went from 0.8720 earlier this week to 0.9030 today! (and each pip roughly ...
AUD/USD
- thadakman replied Sep 18, 2009
Nice call! It's starting to break down now... how low do you think the AUD can get tomorrow with Quadruple Witching and all... do you think it can lose the 0.8600 handle?
EURUSD
- thadakman replied Sep 17, 2009
Looks like a double bottom was put in for the day on the AUD (just below 0.8700); tomorrow kinda scares me with the quadruple witching... nevertheless, I'm gonna stick with my plan and add shorts at 0.8750 and 0.8800 (this could easily break ...
AUD/USD
- thadakman replied Sep 17, 2009
That's my dream too! I got into trading about 18 months ago when the stock market started collapsing and I started with Stocks and Options but have found that I really enjoy Forex more and have been concentrating on that fully now. Anyway, good luck ...
AUD/USD
- thadakman replied Sep 17, 2009
Ben10, Are you trading Forex full-time as a profession or just doing it on the side? and how long have you been trading if you don't mind me asking?
AUD/USD
- thadakman replied Sep 17, 2009
Going AUD/Dollar short mixed in with Kiwi/Dollar longs sounds like a great strategy, timing it well AND weaving in and out of both could really add some nice pips to the account; are you scaling in and out when you do that or do you just like to put ...
AUD/USD
- thadakman replied Sep 17, 2009
Dows testing that resistance again (yesterday's close); this is such a resilient beast! It just does not want to stay down.
AUD/USD
- thadakman replied Sep 17, 2009
I think to be safe I'm gonna dump half my position (all shorted in the mid 0.8700's) at 0.8700 flat and hold the other half for a bigger move... I'll just plan to short more mid 0.8700's again and then 0.8800 if need be and keep doing that until it ...
AUD/USD
- thadakman replied Sep 17, 2009
Looks like another .8700 test very soon. Dow dropping nice now; after it went red it pulled back up and then bounced off of yesterdays closing price, which is now acting as resistance.
AUD/USD
- thadakman replied Sep 17, 2009
There seems to be decent resistance at 0.8740 and the chart confirms... anyone adding shorts here?
AUD/USD
- thadakman replied Sep 16, 2009
There they go, following the market now... just filled on that AUD, avg price 0.8656 now... yesterday that seemed like such a good level to sell... the US stock market is getting flat out ridiculous now, even Warren Buffet was like Cramer yesterday ...
AUD/USD
- thadakman replied Sep 16, 2009
Yeah, I'm noticing that too... the only problem is sometimes u get a delayed spike up... but regardless, I'm looking to add a litlte more at 0.8730. I also have a feeling we may not get that nice pullback in stocks (and risk currencies) until ...
AUD/USD
- thadakman replied Sep 16, 2009
Oh, sorry to hear that; GBP/USD was near support (1.6450) and EUR/USD was near resistance (close to 1.47); seemed like a good place to add; but good plan to stick with your stop/loss... that's how you'll make out overall in the long run.
EURUSD
- thadakman replied Sep 16, 2009
Starting to pullback; I added to my position; it could really get a nice move down in the London session.
EURUSD
- thadakman replied Sep 16, 2009
Golds rocketing to new highs right now... AUD is close to reaching it's high for the year... be interesting to see what happens; we need some (bad) news to take it back under 0.8600 soon though.
AUD/USD
- thadakman replied Sep 15, 2009
It really has rocketed up, my short is 0.8877 (avg); seems like the news hitting in about 5 hours (GBP unemployment, etc...) will determine if the pair pulls back or breaks out further... as of now it looks like the EUR wants to test 1.47 and the ...
EURUSD