Could somebody post an excerpt or link to what the Chinese actually said to send this kind of shockwave? I can't seem to find much. Thanks. This is looking to be a very long drawdown for my short position.

Aussie Pairs

38 pips in 5 minutes - can you say "oil supply problems"? Nah, this must have been precisely predicted by all your TA indicators...

Aussie Pairs

Looks like the promised spike is a lot more conservative than predicted by some of you.

Aussie Pairs

For me it's more of the case of being uncomfortable with not being able to hedge against adverse market moves when trading FX - unlike equity options, for instance. I realize that proper money management is important, but that's an orthogonal issue ...

Aussie Pairs

Wow, good call for me on getting out in time! Anyway, what is your take on the possible outcome of the rate left unchanged?

Aussie Pairs

Nevermind - got out @ 0.9264... something is holding this thing under 0.9270 and just won't let go.

Aussie Pairs

Long @ 0.9260 - should I hold through interest rate announcement?

Aussie Pairs

Funny that this thread has "reversal" in its title... hope nobody's long on this thing.

USDCAD trend reversal?

The outcome will not be in your favor. I see a decent chance of rate hike by Bank of Canada in the forseeble future.

USDCAD trend reversal?

This pair is a juggernaut; don't stand in its way or you will get crushed. I am trying to milk a few pips by going long and it's incredibly hard. My prediction is that today it will even out numerically with AUD/USD, or even blow by it, barring any ...

USDCAD trend reversal?

I would be partying too if I had taken a short position around 9300 last night.

Aussie Pairs

Ok, I know I'm a newbie, but what is up with AU today? I understand there was a huge drop in the Dow, but 200 pips down??? This is still while the other majors currencies are pretty close to their peak levels of yesterday... I'm really tempted to ...

Aussie Pairs

What do you make of these fundamentals released today? Once again, a positive surprise on retail numbers, and a rather large upset on trade balance...

Aussie Pairs

Thanks, this is basically consistent with my understanding of this phenomenon... next time I can't figure out why the market has suddenly changed direction, I'll do what the "analysts" do - blame it on risk aversion.

Risk aversion

That does not answer my question.

Risk aversion

As I was watching CNBC and reading the G7 statement on Friday, I couldn't help but think - you guys keep talking about strengthening the $, but let's see what happens when the interest rate drops again this month (or next, but there will definitely ...

Dollar.....Whats Next??

The hourly chart is showing a very choppy ride upward, after a pretty abrupt plunge earlier in the week, likely due to fears about G7, as was pointed out earlier in the thread. As these summits tend have little to no actual impact on monetary policy ...

Aussie Pairs

Maybe I'm naive, but what does this pair have to do with where the Dow is at?

Perfect Head & Shoulder In GBPJPY_crash_again??

Would anyone venture a guess as to what direction AU will be headed in come next week? My hunch is - as odds of another $ rate cut have gone up this week and all the dust from G7 settles, the trend to 0.9000+ should resume.

Aussie Pairs