It's been pulling back a while now from this area, it's good resistance and a lot of economic news coming out of Australia lately has been lower than expectations have been... so I feel the AUD is less likely to break out to new highs (though I ...

AUD/USD

I think the 4 hours charts look good for a short for around 75 pips, it's been in a pretty tight range overall, 0.8650 (where we're at now) to the mid-upper 0.8500s... I'm targeting 0.8580 right now to be safe.

AUD/USD

Back in at 0.8600... I actually dumped all my postition earlier in the high 0.8560's (near the 200-hour SMA) b/c I'm so frustrated with this thing not being able to get below 0.8550... I'm getting more patient overall with the trading, but still ...

AUD/USD

Consumer spending is major news tomorrow morning for the US stock market... this could potentially finally take her down or pop her over 0.8700. S&P closed pennies shy of 1050, which is a very significant level; bad consumer spending news would be a ...

AUD/USD

I really does look look like a reversal is starting, but we need a nice red candle for confirmation... as of now, it's consolidating and could break out to the topside again... I'm banking on it going lower, I like to get in early (catch tops and ...

AUD/USD

Got in at 0.8670 and dumped at 0.8650... still holding my 0.8650 short from a little earlier... and still holding a bunch for the "big move" we all want.

AUD/USD

I added a little more at 0.8650 just now... would be great to get down to at least 0.8600 today.

AUD/USD

This is traumatic for me too, I went in bigger than usual b/c I've benefited several times on breaks over 0.8400 up to this point... but I gotta stay relaxed, learn from my mistakes, and try to keep a positive attitude that things will work out in ...

AUD/USD

Falling real nice now, we get some follow through here and a bad day on the DOW tomorrow and we could easily be seeing 0.8500; it'll be funny to close at the same level we did last Friday if that happens.

AUD/USD

Check out the 4 hour chart from around July 29th, shot up real high, then started consolidating August 3rd .... then a steep drop about a week later starting near August 10th... looks very similiar to what's going on here.

AUD/USD

Uh oh, I'm hoping that 0.8650 breach was just there to take out stops... regardless of the consumer confidence tomorrow (good or bad), it's very possible the market sells the news... we're looking at a big drop in US stocks or a nice breakout to the ...

AUD/USD

A break of 0.8650 could be worrisome... I'm holding out for 0.8500 also, luckily I dumped some at 0.8550 earlier but got back in on some at 0.8600... still holding some from mid 0.8400's though... just been trading in and out of a few units but am ...

AUD/USD

NZD seems like another good short today, with their bankrate decision later today, I got in just under .70 this morning and am targeting below 0.6950.[/quote] Yay, my target hit! I don't even even have to wait for that bankrate decision now.

AUD/USD

I'm targeting 0.8500 myself.

AUD/USD

Nice entry, I added more at 0.8650 this morning... what's your target for this short fammira? are you going after big pips (100+)? I really think it can test 0.8500 again soon. NZD seems like another good short today, with their bankrate decision ...

AUD/USD

What a stressful ride from Friday, it's finally pulling back; I'm waiting for 0.8400 also; as long as US stocks go down this week we'll see it easily... I still think when US stocks finally get their correction (10% or so) we'll get the AUD between ...

AUD/USD

My goal is 0.8400 also, but in order to see that, I believe we really need a nice pullback in US stocks, that's when the dollar usually gains strength.. I've been adding to my position (starting at 0.8430's on Friday) and this break out is really ...

AUD/USD