It is a very muted reaction... needed 0.50% or 0.00% to have gotten a real move.

AUD/USD

My outlook for AUD: Various charts are setting up some interesting patterns coming into the RBA; if I had to guess, I'm going to say they're not going to raise rates this time. Of course on the AUD/USD chart we're getting some nice resistance to the ...

AUD/USD

Overall, I'm long USD (long-term? heck no! But short/medium term? yup!) Right now I have small positions short EUR/USD and short GBP/USD (incrementally scaling in... I have some of the EUR I want to let go at 1.34, 1.33 and then 1.3025; I also scale ...

AUD/USD

Anybody else setting up some orders before the NFP's? I'm setting ups some GBP and EUD shorts (if those happen to pop, as I don't mind giving myself plenty of time in the days/weeks to come to ride them back down); I also like some short AUD if that ...

AUD/USD

Very nice read there... I can definitely see the potential in a long-term Yen short; the only thing I don't like about shorting (especially right now) are the things that will wipe out a lot of weak hands and potentially give others a margin call: ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

I agree USD/JPY has a lot of room to run, but indivually, I see the GBP dropping a lot more than the JPY; therefore, I'm bearish GBP/JPY cross; hedged with a long USD/JPY position. I just think there's too much overall complacency in the market, ...

Weekly COT report Analysis + Trade Ideas

Agree, we seemed to stop dead at big resisatnce at 143.62; unless we get a break over mid 147.00's, the long-term bearishness should still be intanct! Hard to say with overall YEN weakness though.

Weekly COT report Analysis + Trade Ideas

Yeah, that helped out a lot! lol... I'm comfortable as long as we don't break the 1.47's... that seems to be the area that'll throw the long-term bearish view on this pair out the window.... I am a little concerned with overall JPY weakness, ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

Some daily technical analysis on GBP/JPY for you guys. "GBP/JPY rises further to as high as 142.40 so far and at this point, intraday bias remains on the upside for further rally. Nevertheless, since current rise from 132.13 is treated as a ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

That was awesome! My USD/CHF I had for 1.0515 (which started to look bad) hit my profit target at 1.06 and my order for GBP/CHF this morning at 1.60 hit my profit target at 1.61, whoohoo! I only wish I changed my orders on EUR/CHF to 1.44, as they ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

I don't use it all the time either... but in trades I feel strongly about that are taking too long and/or not going my way at first, then I hedge (I do have a plan for a complete exit before I get in btw! lol) ... for example, short I'm AUD overall ...

AUD/USD

That's where the strategy comes (and the whole point of hedging)... the market does not move in a straight line... hedging allows for several opportunities for entries and exits (some which just happen to be open simultaneously but closed at ...

AUD/USD

I don't really think you should be making a blanket statement about hedging... rather, you should tell him something like, "Proda, I find no benefit to hedging myself"... Trust me, I'm not the only one who has benefited from hedging; am I trying to ...

AUD/USD

It can work great during the US job reports the first Friday of every month... pull up some charts and see how some pairs have made big moves down and back up and back down before deciding on a direction... you can pull plenty of pips on both sides, ...

AUD/USD

No one's refuting the fact that your equity remains constant when hedging, rather, we're saying that it is a strategy than can actually be used effectively, big difference... for example, I'll have multiple long and short positions (opened at ...

AUD/USD

Currency pairs constantly go up AND down; I wouldn't say you're out of the market when you hedge... in theory you are if you plan on closing both positions at the same time, but I've actually made pips both ways in the same pair while hedging ...

AUD/USD

Entry 140.00 and I'm using a planned hedge at 142 (basically a stop/loss; but instead it's more like a "Pause" button I use); I reasses the situation when that occurs and decide my time frame for new targets on the long and short side... it's ...

AUD/USD

I'm in the same GBP/JPY trade with that target... kinda scary if we can't hit it today or tomorrow though, as the JPY has been weak lately and the GBP is catching a nice bid... this pair can really explode to the upside; any kind of risk aversion ...

AUD/USD

The US markets are red (barely); but good, the DOW was up around 40 earlier (and the consumer confidence report was better than expecting); so this reversal should really be a good sign for risk aversion... (the market is so resilient though, so I ...

AUD/USD

Yeah, there was talks from AUD saying that the current rate is still at the rock bottom, so a rate hike seems a given. I'm still short btw but may hedge with a small long position going into the rate hike to give my account a little break while I ...

AUD/USD