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- ragnakore replied Dec 18, 2011
I left a SELL Limit @ 0.9975 @ FXCM last Friday. Today filled at better price 0.99861 instead. If this was an IBFX account. I am sure I would have been filled @ 0.9970 and they'd argue wide spread/lack of liquidity/when order was trigger, price ...
AUD/USD
- ragnakore replied Dec 18, 2011
so far... market can ve summed by: bad news SELLLLL oh wait something good.. BUUUUUYYYYYY bad news SELLLLLLL good news BUYYYYYY bad news Hohum sell good news BUUUUUUYYY bad news again? good news Buuuuuuuuuuyyyyy bad news .. f..ck off good news ...
AUD/USD
- ragnakore commented Dec 18, 2011
It was mentioned that positions are mostly "Options" not "real money" shorts. "Options" and "retail forex" positions are rarely placed on the real market. "Retail Forex" are usually matched thus Market Maker. And Options are same though some Option ...
Speculators Bet Net $19 Billion Against Euro; Largest Position Since 2007
- ragnakore replied Dec 16, 2011
There are other bad news out of Europe as well... Bad for AUDUSD
AUD/USD
- ragnakore replied Dec 16, 2011
i dont know reason behind the uptick other than to stop hunt.
AUD/USD
- ragnakore replied Dec 16, 2011
France NOYER has been shooting at Ratings Agency on Downgrade. Kept complainng that UK should be downgraded not France. wondering if they are bracing themselves for the report anytime soon? WORD WAR
AUD/USD
- ragnakore replied Dec 15, 2011
hmm.. maybe the game has chnaged on the carry trade.. ie, when its not viable on retail forex, its still viable on real money? on retail, we collect about 70% of what is the actual interest. but on real money we get full. and real money is what ...
AUD/USD
- ragnakore replied Dec 15, 2011
Back in 2006-2007, before FEB start cutting rates, USD has a huge 3% interest advantage over EUR. yet EURUSD clikbed from 1.2500 to 1.4000. it was during this period that CARRY TRADE was a commonj practice. I would long USDJPY and it gives 1 pip ...
AUD/USD
- ragnakore replied Dec 15, 2011
i am very very amazed as to how AUDUSD is highly correlated with S&P and to some extent the DOW. These two indexes are US equity indexes and their strength reflects health of US economy and not AUstralia's. I have accepted this behavior as a given ...
AUD/USD
- ragnakore replied Dec 15, 2011
IMF Lagarde went out begging non EU Countries to contribute money into the EU Debt Crisis. Russia willing to dump $10B. $10B is a drop in sea. EU needs 3 more zeroes to the figure: Trillions! Chatter is that Lagarde has till Monday 19Dec2011 to come ...
AUD/USD
- ragnakore replied Dec 15, 2011
No bad news from Europe, good US data. So far, it is on steroids towards NY open. Price needs to "stall" around current level 0.9970~0.9980 to "cool off". My Stop is above yesterday's high. 1.0050s
AUD/USD
- ragnakore replied Dec 15, 2011
All the news came out very S&P positive. AUD could tank beyond parity.... hmmm 0.9960~0.9980 is a congestion area.. we could see it stall. we could see it break out above. For the bears, we are at best area to sell IMO. I already have a short (at ...
AUD/USD
- ragnakore replied Dec 15, 2011
Rally underway brought about by the rejection at 0.9860 hourly candle showing bullish engulfing. how far will this bounce? im waiting to short more. stops 0.9980
AUD/USD
- ragnakore replied Dec 15, 2011
I once followed a Forex Guru back in 2007. He would take a 1 Standard Lot ($10 a pip) trade. Once the trade goes in his direction, he would take partial profit every 10~20 pips move. TP1, he would claim making 20 pips (+20pips x $5 a pip = +$100) ...
AUD/USD
- ragnakore replied Dec 14, 2011
The China Data is better, much better than expected.. go long AUD. oh wait.. that number is still bad below 50... crap SELLLLLLLL now its a tug o war im waiting to sell on rallies. in @ 0.9910 since NY. position from above parity already closed
AUD/USD
- ragnakore replied Dec 14, 2011
bad number means australia's biggest client wont be buying anymore and therefore aud should sinks... irs that simple. if the number isnt big bad, or isnt big better, then aud will go crab sideways till the next news hit the wire
AUD/USD
- ragnakore replied Dec 14, 2011
Massive almost $100 drop in gold. that selloff pushed audusd down. all headed to USD. China is going to repeg to the USD. Will continue buying USD to maintain peg value. USD+++ EUR, and other currencies are not weakening. Its USD getting stronger.
AUD/USD
- ragnakore replied Dec 14, 2011
There is a great watch on Ratings Agencies whether they'd announce the report on EuroZone + EU Banks downgrade. This is not Rumor, just vigilance, if announcement will be made soon. Queen of Europe. What she says is final. France chickened out.
AUD/USD