I trade AUD/USD on H4 chart and when it hit 8927 on the 78.6 fib it was my time to go long. Could be worth 60 or so pips back to 90-ish area but i locked in and will let it ride or die out.

Australian dollar sold off hard

It's wonderful how traders can be so diverse. Some sees a buy opportunity and while others see opportunity to sell. This is what I love about trading. Congratulations on your pips King.

Australian dollar sold off hard

Good! Stops being hit are a trader's friend.

Australian dollar sold off hard

Can't Kerry just find some way to hold the U.S. accountable? That's what he's best at.

Asian Stocks Fall as Kerry Says U.S. to Hold Syria Accountable

Could just be pulling stop in the current range. EUR, GBP and gold are all rising. But I know nothing

Australian dollar, stops below 0.9010 triggered

Actually Euro went down because of QE taper speculation. Surely someone with your experience must realize that.

Demetriades Says Cannot ‘Rule Out’ Another ECB Interest Rate Cut

You are right he didn't say that, but the majority of the Fed members said they would not consider tapering until they see what happens in the next few months. That should give you a clue since September is not a few months away. I went long EUR/USD ...

Fed's Bullard urges no rate increase with inflation below 1.5%

Every pair goes in opposite direction at the Tokyo open... I call it the Kamikaze effect.

PBOC may cut RRR, Aussie up - China's Sec Journal

And the ignorance continues.

FOMC Minutes Don't Alter Sep Tapering View - Barclays

Just like I said... When the hopefuls forget. It's already happening

Few clues on timing of QE3 reduction in Fed minutes

And maybe tomorrow we can all read about the September taper again... When all the hopefuls forget what was said today.

Few clues on timing of QE3 reduction in Fed minutes

Not quotes from me, but yes my method is trade small and keep my stops deep. That is to avoid the news and data release effect on price swings. When you consider that 95% of retail traders lose money, doesn't it make since to walk against the ...

USD tumbles although no fundamental news being attributed to the moves

So what you're saying is the size of your account is more important than your success ratio? That is what I would call "clueless". I didn't trade for 1 or 2 months to get excellent returns. It took me a year and a half to almost double my account. ...

USD tumbles although no fundamental news being attributed to the moves

[quote=Spreadbetter;6898088]He couldn't be more wrong other than if he set out to deliberately fail. Quoting michaelpelly simongraytrader said it correct - wide S/L and small positions is the way to profit/[quote] I do the exact same thing. I ...

USD tumbles although no fundamental news being attributed to the moves

We were all new once. right?

USD tumbles although no fundamental news being attributed to the moves

Yes it is! So many sheep were herded over the cliff today.

USD tumbles although no fundamental news being attributed to the moves

Congratulations on the 0.9851 short.

RBA Monetary Policy Meeting Minutes

The Fed didn't taper, and China's GDP wasn't near as bad as speculators thought it would be. As for another rate cut, it hasn't happened yet. As for me I'm long and set for break-even on my stops. The worst that can happen is i make money on ...

RBA Monetary Policy Meeting Minutes

I'm looking forward to a return to parity with USD

RBA Monetary Policy Meeting Minutes

Fed tapering and China GDP coming in under 7% was "mere speculation" as well. It's time for AUD to finally retrace.

AUD jumps 0.33% against USD after Rudd speaks on removing carbon tax