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Subdude replied May 11, 2009First off, there are plenty of companies heavily in debt with rather perky share price trends - the market looks at what they're doing with the debt and how good their chances are to get out of it. I would not bet too intensely against USD until ...
AUD/USD
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Subdude replied May 8, 2009Will be shorting in the 7700 - 7800 range, which is right about where it fell off a cliff last October. The "green shoots" are nonsense, does anyone really expect the global recession to end this soon? Australia has not really begun to enter a real ...
AUD/USD
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Subdude replied May 4, 2009Might as well hold through the RBA decision at this point. Generally though, I don't remember seeing a market like this, with equities going up so fast and furiously, since the internet bubble. Every risky asset that two months ago was considered ...
AUD/USD
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Subdude replied May 1, 2009Actually, this should be an easy short from here - I do think there will be a gap down Sunday night.
Cable Update (GBPUSD)
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Subdude replied Apr 27, 2009Cable to be murdered in Asian session. Better yet, short GJ - bottom trendline on the daily has been broken. See ya in 5 hours.
Cable Update (GBPUSD)
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Subdude replied Apr 20, 2009So wassup, fammira - the "tone" is not so positive anymore, huh? Patience is always rewarded, as this pig is right where I said it would be. If you're so much into fundamentals (which is only 50% of the game anyway, at best), didn't I tell you to ...
AUD/USD
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Subdude replied Apr 17, 2009Short this mofo with everything you've got! I have a really damn hard time understanding how this is holding up while both EU and GU are down around 100 pips. Look for lower 0.70 if Citi/GE take a dump on earnings - what a perfect storm that would ...
AUD/USD
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Subdude replied Apr 7, 2009It appears the markets are still very bullish on this fad that is the Aussie currency
. I would wait until there's healthy a sense of desperation in the sentiment again before shorting.AUD/USD
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Subdude replied Apr 5, 2009Sorry fammira, but I NEVER called to short from 0.62. As for the current situation, I actually see a triple top on the daily, going all the way back to October. See attached image. Now, let's face it - the world economies are FAR deeper into shit ...
AUD/USD
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Subdude replied Apr 3, 2009I am more than willing to admit my own mistakes when I make them. But post a quote where I suggest shorting from 0.62 - I don't recall saying anything like that. And even if I did, with sound MM and much longer time frames, it is not necessarily bad ...
AUD/USD
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Subdude replied Apr 2, 2009fammira, so let me get this straight - are you short or long now? I thought you said you reversed a long into a short @ 7095, now you are claiming it's a good idea to go long below 7140? I really see no logic in your posts, buddy. At best, they're ...
AUD/USD
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Subdude replied Apr 2, 2009Yeah, this is starting to look very much like it did last year when the pair was pushing parity, it seems everyone wants yields again. 3.25 seems like an awful high interest rate these days though. Add to that a double-top on the hourly, and look ...
AUD/USD
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Subdude replied Apr 1, 2009What you are sharing is strange, unconventional and unsubstantiated. Why not Monday low, instead? How about Friday? I see no reason to look only one day behind. Here are the S/R levels based on my software's pivot points: R2: 7090 R1: 7040 PP: 6950 ...
AUD/USD
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Subdude replied Apr 1, 2009Uh, that's not what most people would call S/R levels. You could at least try and justify your point with pivots - even someone as lazy as me has figured out what those are for.
AUD/USD
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Subdude replied Apr 1, 2009Please post a chart with your support levels, at least once. I'm really curious to see how you draw your S/R lines.
AUD/USD
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Subdude replied Apr 1, 2009What I meant is - can you offer much beyond hindsight and statements of publicly known data expressed in poor English? This statement made as much sense as "All your base are belong to us." We all know the markets have rallied 20%, anyone can see ...
AUD/USD
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Subdude replied Apr 1, 2009What are you even talking about? How do you gauge that tone is improving? Whose tone, anyway - talking heads on financial networks?
AUD/USD
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Subdude replied Mar 31, 2009Actually, this is as high as the pair will be in the coming days, IMHO. A great shorting opportunity.
AUD/USD
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Subdude replied Mar 23, 2009Went short @ 0.7086. Not really looking for a major move down, but anything is possible after a day like this... AU looks way too rich at the moment.
AUD/USD