image Looks like an interesting area to get long if it makes it down there.

USD/JPY Discussion

I hope u left some of that trade on to run a little bit more.

USD/JPY Discussion

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USDX

I never try to predict the outcome of the news and regardless of what happens tomorrow I still see the A$ going up more before any major moves down.

AUD/USD

It's not a key level it's part of a range I'm interested in. I don't go all in when I enter a trade I prefer to enter at different areas within a range I'm interested in. I trade longer term so I look get my position filled in different areas within ...

Aussie Trading Room and Cartoons Gallery

That's all relative to what RBA does tmrw. If there's a surprise & they cut more than .25bps then 1.0150 which is about 250 pips from where we are right now is very realistic over a couple of days. If they cut .25bps or hold rates then 1.0600. ...

Aussie Trading Room and Cartoons Gallery

First of all I'm not even in the trade & I'm anything but a perma-bull I always prefer to be short cuz fear is a far stronger emotion than greed & the moves are much stronger & faster. That being said I'm looking at the market as a whole & making ...

Aussie Trading Room and Cartoons Gallery

If you look at the charts you will see the huge move down following 1.1000 being broken. Bad news bud banks don't trade patterns. PM gives you a range to buy or sell & traders get the orders filled. Your only looking at 1 side of the pair the ...

Aussie Trading Room and Cartoons Gallery

Agreed I posted in another thread that .25bps cut from RBA would probably cause a 50/75 pip max sell off which would most likely be fully retraced before the end of the next trading session. A cut more than .25bps would probably cause a couple of ...

AUD/USD

Think about what your saying your talking about a test to .9800 from 1.0440ish which is where we are now. That's 650 pips. They would need at least 150 pip range to get there size on so now there's 500 pips of profit. They will need another 150 ...

Aussie Trading Room and Cartoons Gallery

Every retailer wants to short this pair & has been & keeps getting burnt. Bank don't only make money of retailers they make of each other as well. Every bank has different reasons for being on opposite sides of each trade. Retail money alone is not ...

Aussie Trading Room and Cartoons Gallery

3% which is a .25bps cut from RBA on tuesday if thats the outcome is still way better than any of the majors & big banks using large amounts of capital & leverage will do very well on the carry trade holding longs in A$

Aussie Trading Room and Cartoons Gallery

I think so. The current price levels don't warrant a major commitment of capital from smart money to get short. Keep in mind big banks layer in & out of there positions they don't hammer it all at 1 shot. The highs are much closer to the current ...

Aussie Trading Room and Cartoons Gallery

Couldn't agree more the only thing that would really get this pair to sell off hard would be a cut greater than .25bps & that would probably be a short lived pullback as well lasting 2/3 days max. If RBA cuts .25bps which is expected we will ...

Aussie Trading Room and Cartoons Gallery

I know my friend I've been in this biz over 15yrs & can't tell how many ppl I've seen get blown out fighting the momentum & refusing to accept the direction of the markets. Right now every retailer wants to be the first to get on the ride for the ...

USD/JPY Discussion

Everyone seems to want to be the one to find the top/bottom instead of paying attention to how the price is really moving and what the bigger picture is. Even with an RBA rate cut of .25bps to 3%, thats excellent swap for one of the majors. Lets not ...

AUD/USD

Couple things that might be of help to you are when you have a string of winners make sure you withdraw some profits, winning streaks don't last forever & if you constantly pull out profits when you hit a bad streak it won't hurt as much & mentally ...

PA by Julexo

Have you considered using smaller leverage & wider stops? I trade supply & demand & have found that wide stops really help in this environment with all the wild swing caused by random political headlines hitting the tape

PA by Julexo

Of course nothing goings straight up or straight down.

Aussie Trading Room and Cartoons Gallery

Are we talking years out because I don't see the US raising rates for a couple of years.

Aussie Trading Room and Cartoons Gallery