I think were going to get a little more up before any reasonable move down. I alway prefer the short side because fear is a way stronger emotion than greed, but I'm not seeing anything convincing enough to get me in short & hold mode. Especially ...

Aussie Trading Room and Cartoons Gallery

At those prices I buy & hold for decades. Just for the swap alone it would be worth it.

Aussie Trading Room and Cartoons Gallery

For all the Aussie bulls url

Aussie Trading Room and Cartoons Gallery

If the euro has managed to stay proped up I wouldn't worry to much about the Aussie, the picture there can't be any worse than the EU & euro has managed to stay afloat.

Aussie Trading Room and Cartoons Gallery

If it does it will be small, my guess is the big money is waiting for Tuesdays decision before making any serious moves & deciding which side to commit capital to.

Aussie Trading Room and Cartoons Gallery

Hahahaha...love all the haters, but not as much as I love 40 pips of heat for 150 pips of profit. Never short a dull market or you'll keep hating.

GBP/JPY

I'm not going anywhere I might lighten up a little more on sun/mon before Tuesday rate announcement then ill wait for the announcement & see if I'm gonna hold this & add a little bit more on thru then next couple of weeks in front of JPY election.

Aussie Trading Room and Cartoons Gallery

I've been long a/j since Tuesday booked a good amount of profit but still have some nice size on my core position.

Aussie Trading Room and Cartoons Gallery

Gotta love Friday end of day/month PA

Aussie Trading Room and Cartoons Gallery

Hopefully he breaks free.

Aussie Trading Room and Cartoons Gallery

Same here...for me it's more trade management tho cuz I trade larger tf's so I tend to clean up positions or even add in to them if I really like them, adjust stops & pt's as well.

Aussie Trading Room and Cartoons Gallery

Even if there is a cut I don't see to much of a reaction to the downside 50/75 pips max, unless its greater than .25bps the swap on this pair is still higher than all the other majors which makes it a safe trade & china's economy is predicted to be ...

Aussie Trading Room and Cartoons Gallery

Sweeeeeeeeeeeeeeeeeeeeeeeet

EurAnalysis

Agreed, it also feels as tho the market has been pricing in a rate cut on Tuesday for the last couple of days.

Aussie Trading Room and Cartoons Gallery

Agreed it all comes down to the % of times a pattern works & how u manage your SL & TP. As for logical & fundies you'll go nuts trying to make sense of them & why the pairs are reacting the way they are. Picking your spots on the highest % setups & ...

Aussie Trading Room and Cartoons Gallery

There's nothing logical about trading the markets do what they want when they want & there always right. You can trade either side at any time & make tons of money as long as you have strict MM.

Aussie Trading Room and Cartoons Gallery

China has manufacturing PMI coming out tonight at 8pm EST. I'd be real careful holding a short on this pair over the weekend.

Aussie Trading Room and Cartoons Gallery

It's amazing isn't I got some very nasty PM's on Tuesday when I was making calls for bullish moves in yen crosses. Funny where there finishing off the week. It still amazes me how many people try to be heros & pick tops & bottoms.

USD/JPY Discussion

Not exactly the ones on a/j & n/j are bearish. The other 4 are bullish.

GBP/JPY

I use IB I know there ticks are unfiltered it one of the main reasons there charting sucks they ticks all over the place, but I still don't trust any volume on spot fx. If I want to look at volume I use futures charts & feed.

EurAnalysis