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- jplazard replied Jul 11, 2012
9Hrs Ago 9hours ago I will also jump on the bandwagon of calling the near top you win though for absolute top
AUD/USD
- jplazard replied Jul 11, 2012
I lost my second shoe!!!! it dropped somewhere from here to the kitchen...
AUD/USD
- jplazard replied Jul 11, 2012
Australia has grown at an average annual rate of 3.6 per cent for over 15 years; in comparison to the OECD countries annual average of 2.5 per cent this includes the 08-09 debacle where they outpaced other majors. They did have a slowdown but in ...
AUD/USD
- jplazard replied Jul 11, 2012
The AUD is a bit divided at this level but it is reverred more than any major pair at the moment other than DX. The interest rate, low unemployment, IMF saying it will be the best performing economy for the next two years gives real money funds more ...
AUD/USD
- jplazard replied Jul 11, 2012
It's not contradictory If fundamentals were in line with expectations than you would not see bubbles this is what drives markets. Expectations get out of line from what are plausible causing inflated asset bubbles and at times to pessimistic values ...
AUD/USD
- jplazard replied Jul 11, 2012
If you truly think markets trade based solely off fundamentals than how is it housing prices or commodity prices shot up so high over perceived 'fundamental value'. If fundamentals were the main driver of charts than every stock would trade at book ...
AUD/USD
- jplazard replied Jul 11, 2012
QE3 talk is great and just like last Friday in the last 2hrs of trading the ES rallied on MBS buying talk from the fed but that trade was faded quickly... It's one thing to discuss rumblings of a stimulus plan it's another to have a formal draft ...
AUD/USD
- jplazard replied Jul 11, 2012
I agree the Chinese have a habit of massaging the numbers but I don't think they are going to be coming out with better than expected by any means if they do then I really don't see a case to be short anything and will go long across the board on ...
AUD/USD
- jplazard replied Jul 11, 2012
The balloon will be popped Thursday night sending the AUD by Sunday to parity; from there it will trend towards 98-96 level for reassessment. China GDP will slaughter those long on this pair thinking were headed back to 105 or 106 you won't see that ...
AUD/USD
- jplazard replied Jul 11, 2012
Upper end of the channel look to sell around these levels .0260-70 the dollar index should come off a little more maybe even to the 127.2% R AT 83.01 then continue consolidation before a new high breakout on Thursday exceeding 84.
AUD/USD
- jplazard replied Jul 11, 2012
I love it same price action as last night at around this time spike up only to come back into 1.02 range. I am short /6a heavily at and average of 1.0216 with a price target of 98-96. You could see a lot of fakeouts before Thursday's China GDP ...
AUD/USD
- jplazard replied Jul 6, 2012
1.2346-50 we should top out at then grind lower to hit New lows by Sunday night trading.
EURUSD
- jplazard replied Jul 6, 2012
6/1 reversal for the dollar on NFP bad data (horrible actually) EUR/USD spiked and started a correction from May's blood bath. If this number is in line with expectations or near 100K you could see not a big reaction from either other than a EUR/USD ...
EURUSD
- jplazard replied Jun 22, 2012
I don’t know about that first you had a great trading channel on EUR from Feb/April basically buying at 1.30/50 and riding it to 33 and then the MAY leg down was pretty legit for a trend trade just increasing size on each minor pullback...Now you ...
EURUSD
- jplazard replied Jun 20, 2012
AUD to me looks like it got ahead of itself in all this anticipation and plus it's about to reach extreme levels of overbought (80) and It's trading at various 127.2% fibo area for more increased reversal to parity or to .99
EURUSD
- jplazard replied Jun 20, 2012
My main position is short AUD if I am wrong and it spikes up to 35-50 level I can get out plus have an offset long EUR minimize losses.. I put on the EUR position yesterday morning for a long so That I would be able to build a large postion short ...
EURUSD
- jplazard replied Jun 20, 2012
I agree the upside potential move today could favor AUD as it has been stellar in trading this month and it does not have all the fundamental weights dragging it along. I’m short AUD at around this level looking for a disappointment from the Fed and ...
EURUSD
- jplazard replied Jun 20, 2012
Since June first AUD/USD EUR/USD have traded in line with eachother so going long and short the other would cancel out the trade maybe even cause a loss because if you look at AUD/USD it has spiked much more than other currencies in anticipation. If ...
EURUSD
- jplazard replied Jun 20, 2012
Servers are down and I got an ETA of NY open or before..If you guys have trades that need to be closed or placed call the desk directly not MT4 support as they are lost as we are on the ETA....desk-310.589.4893
MB Trading Futures - Introduction