Some people never do learn. Already warned last week that the top was forming on this pair and that the big boys were going to sell the AUD and move money into the CAD. Of course, the fundie gets ignored because hey! He doesn't give charts or price ...

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Finally the big boys decided to make a move to kill the weak longs, can't say I didn't tell you so. Been reiterating that longing the AUD on any pair would be a bad move for positions that are on a TF of more than a day. Just ...

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Still not a good price level to reload on longs unless you are planning on doing ST. Looking at 0300 or so. We need to kill off the weak longs before we can go back up again. Til then my plan remains to play the CAD strength. Let the AUD kill off ...

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As a LT Aussie bull, I've closed out all my Aussie longs taken after 1.02 level because I see dumb money entering the AUD. If I was a big boy, I would want to wait for more dumb money to enter before I kill their longs and add on more AUD long ...

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I highly doubt that. The EUR/AUD is driven by both the EUR/USD and AUD/USD not the other way around. The USD is the fundamental basis of exchange for all currency pairs. However, I did already say a few days ago that the smart money(Institutional ...

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Current price seems to confirm my theory that the smart money is already slowly leaving the AUD. Just exactly how much money will leave the AUD? I'm not sure, most likely significant move down for the dumb money to capitulate before they return but ...

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Just thought I'd come in to say that recently, my well-to-do peers who aren't active traders/investors are contemplating buying the AUD. A sign to me, that dumb money is entering the market and would be an indicator for position traders like me that ...

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Looking at all the post-NFP reactions... PRICELESS! Remember when I said trading US numbers on risk currencies is as good as a gamble? Did you take it to heart? I made a good load of money on the USD/JPY which I told all of you to play for US ...

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But I've already been on the bus since 0.97. I can wait for that better spot. I don't miss out on anything even if I don't get that spot either.

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It's ok Daddy. I am a very patient man.

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I'm not buying just yet but I'm looking at around 0340.

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The long awaited pullback it's been a week of waiting. Just hoping it gathers more momentum to hit all my buy orders.

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I am long on the EUR/AUD and EUR/NZD. Not as much gains as I would have on the EUR/USD but I'm playing it conservative. A defensive play for me in preparation for Draghi's speech.

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Neither. Either you are already in a position long before the release of NFP or you just sit NFP out. If you must trade the NFP numbers then do it on USD/JPY. Do it on risk currencies and be prepared for unnecessary risk in the form of whipsaws. If ...

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Even this fundie here doesn't bet US numbers on risk currencies and all the non-fundie guys dare to bet on it so confidently? I look forward to all the clueless posts after NFP when people lose their money(Seen this crap all the time on other risk ...

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You are always welcome to reap the benefits of Mr Mario through the AUD. video We will probably see new lows on the EUR/USD on a rate cut but I don't fancy taking a position there. Especially not when that pair is at the mercy of central banks and ...

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Finally the much awaited pullback and all that was needed was for Bernanke to say, No QE and avoid I/R cuts. If Draghi cuts I/R tomorrow, sell the shit out of the EUR/AUD and snap up the AUD/USD. I'm looking for a good long spot tomorrow after Asia ...

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I think you forgot how the market functions. The side with the most money moves the price in their favor at the end. If no money joins your side of the market, well good luck. A better advice would be, When everybody wants to buy, pause. Look at the ...

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video

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I don't think I've thrown this out on this thread yet but I'll do what I always say on every other thread. Do not and I mean DO NOT bet on US numbers on any risk currency pair. The only pair you should be betting US numbers on is the USD/JPY. Any ...

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