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    • Ssm replied Dec 2, 2013

      RBA: "The Australian dollar, while below its level earlier in the year, is still uncomfortably high. A lower level of the exchange rate is likely to be needed to achieve balanced growth in the economy." How is lower level define?

      AUD/USD
    • Ssm replied Dec 2, 2013

      I believe a good trader should know 2 sides of the coin. One shouldn't be too emotional and attached to one side. K3 is right to be flexible and responsive to market changes, at least I couldn't and gets too attached at times.

      AUD/USD
    • Ssm replied Nov 27, 2013

      Yes Sir, if we can have a clear break of .9130 and above today, then the bulls are out of the woods. Unfortunately, despite the good data, we are still resisted by this level.

      AUD/USD
    • Ssm replied Nov 27, 2013

      IMO, the market is never wrong my friend. There are only lots of traps where many of us unknowingly fell into it. I have my fair share of walking into these traps too after years of trading. The key to successful and profitable trading is to ...

      AUD/USD
    • Ssm replied Nov 27, 2013

      As we speak, another excellent data from Aussie. However, PA still capped and resisted by .9130. Unless we see a clear break above, otherwise, we are still in bearish territory.

      AUD/USD