no doubt sellers were expected at 7690, but that was strange of the A/U to reverse all the way back and give up yesterday's gains entirely -- strange, when other usd pairs have all remained at the highs against the usd. looks like i made the wrong ...

AUD/USD

Ok, the sellers have emerged. Closed with just a tiny profit, achieved the breakeven average between my two short entries. I just hope I haven't chickened out of a good sell opportunity! Added: Reviewing the current market, USD selling has obviously ...

AUD/USD

Doesnt look good at this stage, the pair has done 95pips today. Right now it appears to be USD selling. There's still ISM data out of the US and GDT results from NZ which usually moves the AU marginally. I may think of hedging in with a counter buy ...

AUD/USD

Cool. Yeah the higher highs and lows can be seen, but the flat topside line at 7700-7750 neutralizes it. We need more clarity I suppose, to be convinced either way. There are so many bearish on the AUD in this thread!

AUD/USD

haven't heard from you for awhile btw. are you still bullish on this pair? i'm neutral now. buy at the lows, sell at the extremes of the current range. it's quite hard to have a long view of the AUD (actually, for most pairs these days too) because ...

AUD/USD

yeah choppy huh. that's why i don't hold my positions overnight generally and i usually aim for 10-20 pips profit per trade for this pair when it hits key S/R levels. TP target is 7640. looking at a retrace of today's movement. after clearing the ...

AUD/USD

sold again @ 7673. feels safer here.

AUD/USD

well, it's indeed pushing up...this is before london has opened. the daily average for this pair is 70pips. it's done 80pips. does it make sense to worry that it will continue charging up another 20-30pips from 7670? although the RBA wasn't dovish, ...

AUD/USD

Yes, that worries me too. But I'm thinking that London pushed it up 30pips during the fix yesterday. The pair is also up almost 70pips in the last 24hours, there's a chance it may get sold down first. I'll be watching the price action from the next ...

AUD/USD

i sold at 7650, but the resistance doesn't look thaaat strong yet though. looks like it could still do a bit more upside when europe opens. thinking of selling a 2nd lot if it hits 7670ish, but worried that we may end up seeing a run to 7750 or ...

AUD/USD

looking to fade any post-RBA spike up. anyone else on this?

AUD/USD

no value for any intraday trades here i feel. at best, the current pattern looks to be a consolidation before further downside, but that's not very clear.

AUD/USD

probably at either of these two levels for an intraday trade, i'd be willing to take the risk and target 77cents for TP. sell once at 7734, because that'll mean the pair has done 100pips for today; it will definitely retrace. if it goes further, ...

AUD/USD

hmm so many bears here. i still think that it's neutral now. it will take an actual rate cut from the RBA or increase from the Fed to push it below and back into a bearish track. the market appears to have been waiting for this before making any ...

AUD/USD

Hmm, not even into the European session yet and the pair is down 60pips. I think the outlook is pretty simple...bad numbers (no doubt about it this time) = increased potential for a rate cut. More rate cuts = reduced yield attraction = less ...

AUD/USD

that's exactly the plan. cos i was expecting it to go higher. yet i was worried it may just drop. so if it dropped, at least i had no exposure. now that it's shot up, at least i've profited on the way up...and now i can enter short from above again. ...

AUD/USD

lol. thanks. haha, not every move comes with an explanation anyway. just peeved. you know, that feeling we all have when we're about to take profit and then suddenly something swings it away. no idea where the E/U is heading, gonna remain flat out ...

EURUSD

nope, it happened 12mins before the data was released. it's euro alone. was just worried i missed some headline. but for sure the euro is weaker than its peers at this moment. it's driving the USD strength. i bought at 1.0971, targetting 10pips ...

EURUSD

why the F* did it just fall like a rock out of nowhere to 1.0960.

EURUSD

i'm playing a hedging game on the AUD now. i have a buy and a sell open at the same time. for me, this will work best if it goes higher, because the topside resistance areas are clear. so i should be able to profit both ways. if it goes down from ...

AUD/USD