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- giveachance replied Aug 7, 2013
it happens bro. I was holding eur/aud short yesterday and yesterday's bizarre asian session took my stop. this is a crazy morning as well. i think to trade these markets you need to have big account, low leverage and wider stops. unfortunately i ...
AUD/USD
- giveachance replied Aug 7, 2013
it will be hammered again. i think fresh shorts are build up around 0.9035-40. nothing spectacular abt this run. will be hammered i am sure
AUD/USD
- giveachance replied Aug 6, 2013
I am just saying by watching the charts. I don't have insider news. i am waching eur/aud and it is really getting exhausted everytime it rallies
AUD/USD
- giveachance replied Aug 6, 2013
be prepared for a short covering now in this pair. huge one is due shortly
AUD/USD
- giveachance replied Aug 6, 2013
true. last time it went over the roof. bernanke hammered it by 250 pips
EURUSD
- giveachance replied Aug 6, 2013
so u are the best trader in the world. huh. always get all the trades rite?
EURUSD
- giveachance replied Aug 6, 2013
no way. i trade the aussie as well and think this pair is way too overbought. this is one of the crosses where euro is overbought. who knows if there are more
EURUSD
- giveachance replied Aug 6, 2013
eur/aud prepared for one more go at 1.48. make or break. if broken 1.46-44 in coming sessions
AUD/USD
- giveachance replied Aug 6, 2013
so u mean to say when euro was at 1.208x and when draghi uttered the magical words "Don't short the euro" it was not oversold?
EURUSD
- giveachance replied Aug 6, 2013
the cross has gone high from 1.2 to 1.5 without any meaningful correction. euro is heavily overbought at the moment when compared to aussie. i see this cross failing at 1.5 again and my target is 1.3
EURUSD
- giveachance replied Aug 6, 2013
eur/aud struggling to break higher from here. i think this euro upside will be done if it fails to go higher
EURUSD
- giveachance replied Aug 6, 2013
they are teasing the bears by holding the upside for much longer. its not long before the trigger is pulled
EURUSD
- giveachance replied Aug 6, 2013
my god if we start getting rates like this the algos will go mad.
EURUSD
- giveachance replied Aug 6, 2013
0.86 minimum. seems to be getting supporting around 0.8945 area. 0.86 is the target but not immediately
AUD/USD
- giveachance replied Aug 6, 2013
its worth taking a risk on shorts now than on longs. if it goes higher it may not go higher than 200 pips. how abt downside? when was the last time we saw 1.27
EURUSD
- giveachance replied Aug 6, 2013
best of luck for your longs. i am short around 1.5370 targeting 1.48 and my stoploss is 1.55 for the aussie i have even lower levels. 0.8600 or so.
Cable Update (GBPUSD)
- giveachance replied Aug 6, 2013
eur/aud heading for a last dash towards 1.49 imho. after that it is way back to 1.40 or even lower
AUD/USD