Not much volume now.. perhaps we could drift another 10-20 pips upwards in the next hour, but really no one wants to pull the trigger before the speech!

EURUSD

Support here at 1.307. Scalp long @ 1.3072/725/735 Looking for ~ 1.31 area to take profit.. tempted to short in this area, we'll see how close it is to the Bernanke speech!

EURUSD

Geppy, brilliant analysis! Many thanks.. I've had a yearly target in the 1.12 to 1.15 range myself for a while. It certainly does look like the tide is turning. For now we need to sit and wait for some important figures to be released, perhaps we ...

AUD/USD

Glad to finally see a little upwards movement for those of us holding longs. It's been pretty hard work these last few weeks but I'm still standing as solid as a rock with a heavily long position. There may be plenty more downside in the short term ...

AUD/USD

That's right.. they're waiting for CPI before they jump. you need to read the hints from the previous month statement. Usually the statement is more important than the actual decision on the day, because the likely decision is already priced in.. ...

AUD/USD

Good stuff there! Just goes to prove trend is your friend For myself, I've had hundreds, perhaps thousands of consecutive winning trades.. but that's because I don't use stop losses and always close in profit, so not exactly the best comparison ...

AUD/USD

Retail sales can't be good. Let's see if we have a small dip here..

AUD/USD

Nice to wake up to $8k instant profit hope none of you were caught short, can't say I didn't warn you Today, I'll watch the retailers try to short and get burned. Watch the big boys weigh in and send it up much higher than current levels as ...

AUD/USD

There we go, excellent news at 53.1! Could see a big gap up on Monday. Let's see what HSBC can come up with now

AUD/USD

I'm referring to the March 22 low

AUD/USD

Potential double bottom in the making. Could be in a trading range between 1.035 and 1.055 until Chinese PMI gives us something to work with on Sunday

AUD/USD

Guys, DON'T FORGET! Official Chinese PMI data coming on Sunday. This is more important than the unofficial HSBC PMI we saw about a week ago. As I posted earlier, HSBC tend to be overly bearish with these figures. I'm expecting positive data on ...

AUD/USD

Time to start building a long position. Could go as low as 1.02, where we will find strong support. However there are a few levels to get through before that. AUD will drift upwards in the coming days/weeks. For today, we should bounce between 1.034 ...

AUD/USD

Brave man I'll set my buy orders at 1.3303 and 1.3293 and call it a night. Not worth the risk to short a few pips IMO. 1.348 just around the corner, good luck gents

EURUSD

Suicide mission. Seriously, why short?

EURUSD

Check your calendar, 1st of every month

AUD/USD

The China PMI, DID NOT COME OUT TODAY This is a private sector attempt at a PMI by HSBC, which has been overly bearish the China economy, both in view, and particularly with this inhouse indicator, for several years. The actual China PMI, when it ...

AUD/USD

Nice 50 pip dive there!

AUD/USD

Just adding to this, I think we could see up to 1.051 today. A break of this will confirm a short term bull run. But for today, 1.042 - 1.051 should cover the range

AUD/USD

I totally agree. I don't use stop losses either, never used one in my life. However I tend to build into positions, starting with smaller lots and throwing more weight in if the position moves against me to get the aggregate position closer to the ...

EURUSD