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Bmitchell replied Feb 25, 2015Probably because the Aussie Central Bank is trying to push it down? Just sayin!

AUD/USD
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Bmitchell replied Feb 25, 2015Good for you! The 25% daily ATR is ~25 PIPS. If I were short at this level I would grab the PIPs and close....this beast is befuddling us all!!!


AUD/USD
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Bmitchell replied Feb 24, 2015OK! Here we are resting in the .7810-.7820 zone. Time to light the short candles?

AUD/USD
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Bmitchell replied Feb 20, 2015786 even better (a little aggressive...but good)...I like the 77 area as support...would be a nice run...

AUD/USD
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Bmitchell replied Feb 20, 2015WOW!!! Let's hope we don't experience the same catastrophe we did last month with the Swissie! Like most of you, I have been put on notice by my broker to "adjust" positions in EUR pairs or "strengthen" margin accounts. So, "buyer be ware"! ...
AUD/USD
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Bmitchell replied Feb 20, 20157810 would be the next close of confirmation that it can go south...till then...the buyers keep pushing it back up.


AUD/USD
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Bmitchell replied Feb 20, 2015Hoping it can close the week below the 7820 level consolidation to consider shorts.
AUD/USD
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Bmitchell commented Feb 18, 2015Uhh, you might want to look at this again. Just sayin!
What To Expect From FOMC Minutes? - Views From 15 Major Banks
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Bmitchell replied Feb 11, 2015Let's all hope so!!!...I shorted the past 2 days and grabbed 40-50 PIPS...let's all hope it goes to .82 to ratchet back down again!!! We all know it "should" tip over at some time!!!

AUD/USD
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Bmitchell replied Dec 31, 2014Just like the NZD reacts to the Milk Trade on the first two Tuesdays of the month...Expect some wild "bounces" there too! These are commodity currencies and very sensitive to these Event Risks.
AUD/USD
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Bmitchell replied Dec 31, 2014"Oil extended the largest annual decline since 2008 as the Energy Information Administration said crude stockpiles at Cushing, Oklahoma, fell last week. Inventories at the delivery point for New York Mercantile Exchange futures jumped 2 million ...
AUD/USD