Gator, I am thinking about a medium term position in the Aussie now.. We should stop above the 2011 low @ 9387 for a big bounce. Less than 50 pips away. Potential 600+ pip bounce. Not bad r/r in the big scheme of things

EURUSD

I'm gonna play: Long @ 9560 SL 13 pips, Target is 500 pips+ Despite what you might think, right here is almost as good as r/r gets.

AUD/USD

Longs need a stop at 9547, no lower

AUD/USD

Another rate cut is a 1-in-3 chance next month.

AUD/USD

I should make it clear, I am the biggest of bears on AUD. However, we have a normal bounce area at 1.0055. This is a magnet, and will continue to pull the AUD towards it UNLESS we break major support levels.

AUD/USD

Cheap seats are available for those who want to catch the Long train. Best r/r is available just above 9572, with tight stops just below Bulls have a min. target at 1.0055 After 1.0055+ is satisfied, big bears want 0.86x minimum.

AUD/USD

I posted this response to someone who asked the same question in the EUR thread: The rates were expected to be on hold. There was hardly any chance of a rate cute. The rate hold was already priced in. You need to read the RBA statement released at ...

AUD/USD

Thanks mate

EURUSD

Yelena, the rates were expected to be on hold. There was hardly any chance of a rate cute. The rate hold was already priced in. You need to read the RBA statement released at the same time. It is more important.. In this case, they hinted at further ...

EURUSD

Will look to long just above 9572

EURUSD

I have to be brief, Im on mobile Yes I do expect Gold to pay a visit to 11xx. A recession would flood investors back to gold/silver.. So your point there doesnt make sense.. End of mining boom will hit aud hard. I've been ultra bearish ever since ...

EURUSD

I don't see this LTL you speak of? The closest LTL I see is around 957x

EURUSD

You need to broaden your scope. Aussie is a commodity currency. Seen a gold or silver chart lately? They are a prequel for things to come for the Aussie.. Heard about the end of the mining boom? China? You are forgetting some major fundamentals!

EURUSD

Loving your insight Gator. I have a sneaky short running atm, but treating it as a short term scalp. r/r at current levels doesn't really interest me all that much (in regards to long term trades), hence I will be waiting for the high % target where ...

EURUSD

Gotcha.. 3198+ s could be a decent long term trade.

EURUSD

Worth a short now?

EURUSD

Shouldnt stops be above yesterday's high (~2978) or at least the LH it made a few hours later (2969.4)? Just curious.

EURUSD

I know! I was just thinking the exact same thing when I set my orders in different directions. About to take a good 8 hour sleep.

EURUSD

Gotcha.. Perhaps at this time of day you should give it some more time to do its thing (given the low volume). I have 2901 target.

EURUSD

Why did you bail?

EURUSD