Some of the stuff I'm reading here and on the attached links is confusing me...especially the statement "there is no one left to sell to"... Currency is a medium and not an asset...when currency is being bought by big boys, it's generally a hedge ...

AUD/USD

I must be missing something here...the Chinese cut rates to encourage lending, but who are the borrowers? If I'm a manufacturer y am I gonna borrow to grow my business to produce more, when personal consumption in the west is at it's lows...if I'm ...

AUD/USD

"im going to jump out of a window? do u think its a good idea?" you are asking people here to reaffirm your opinion or idea... i suggest u make a trading plan, test it on demo, cos it looks like ur trading isnt based on anything at this point... if ...

Cable Update (GBPUSD)

right now ur down over 100 pips...from what i can see, upper limit on cable may be 1.5950, lower limit 1.58... Plan A: EXIT NOW... Plan B: have enough margin to cover a drop to 1.58 and then wait for it to go back to 1.60 and exit Plan C: start ...

Cable Update (GBPUSD)

morning all, barely any news day and europe on holiday means its a "watch paint dry" day... here's my plan, long from 0.98 target parity...

AUD/USD

morning all, aussie still hanging on in there...according to oanda/myfxbook/dukascopy, the retail crowd is heavily long aussie...so carry on dropping, but till where...at what point are the crowd gonna switch to short...0.99? 0.98? 0.96?

AUD/USD

Ok, your right, My observations are at best an oversimplification...but since 2008 the Aussie has rocketed up...high interest rates, good economy...but maybe with the uncertainty in the Market, hedge funds or others are pulling out of risky assets ...

AUD/USD

if you look at the oanda positioning, there are so many longs under water, either they have really small positions, but uv got people long from 1.08 to 1.04 still in the market...maybe there stops are at parity, but that would be obvious...drop to ...

AUD/USD

i keep looking at oanda and myfxbook and seeing 70-80% long on aussie...and looking at the open positions and seeing so many under water and wondering y is it not dropping further

AUD/USD

well loads of data coming out tonight to screw over everyone...i cant believe we were 20pips from parity and didnt hit it...still think this is going down but may have to wait till next week...or tonight

AUD/USD

Gold fell of a cliff yday, that's a bad sign...loads of uncertainty around Europe, so it looks dire...Aussie is too dependent on mining and a lower Aussie stimulating other sectors is gonna partly get them off their dependence on china...besides the ...

AUD/USD

there is a 10 year US treasury auction tomorrow...y not scare the markets tmrw, get ur auction money, and then let the market recover, before the data from aus and china on thursday/friday...

AUD/USD

Aussie definitely going to 1.110...just not this year...interest rate cuts, no QE3, USA economy improving officially (unofficially it's fucked), global economy slowing...so yeah 1.1100...

AUD/USD

If Aussie stocks are sold off, u will suddenly have an increase in Aussie currency, so more supply means lower Aussie, if u then use your Aussie to buy dollar, u r decreasing dollar supply and hence increasing dollar value...that's what I think...

AUD/USD

For all of those are long...90% of retails on myfxbook are long aussie...and i think oanda has 70% long aussie...so err...long it is

AUD/USD

I thought wormboy said a single candle on its own means nothing...whatever the timeframe...so yeah it could be dark cloud cover but it will mean something if the next candle is bearish

Cable Update (GBPUSD)

Interesting video noobicle...but considering 95% of american citizens remain uneducated and are too busy with trash tv to even be concerned about their own destruction, and the 4% middle class lack willpower to lead the way forward, the 1% who ...

AUD/USD

It's you mate...lol..noobicle u buying a million lots...is that a promise? As that will definitely get the Aussie party started...or hair of the dog, lol

AUD/USD

It looks like everyone and their dog is long on aussie...maybe a retrace to 1.0250, the last failed support, if it breaks past then maybe 1.0400 otherwise im seeing 1.0044 and then below parity...the aussie party is over and longs have the hangover

AUD/USD

looks like aussie is f**ked...no good news is lifting it and parity is looking far closer than a week ago where it was pumped and now has been totally dumped...gold has also been dumped of late...so next week probably 1.0168 or 1.0044...

AUD/USD