Well, we've narrowed it down to a .8980 to .9010 range now. The lower high of the range isn't looking good for those who are bullish this pair and any attempt above .9000 is met with selling today. But who knows, perhaps you'll still get your ...

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

It's only down 50 pips from tonights high so far.

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

Does seem that way. But lets also not ignore that since yesterday, A/U had tried 6 times to break above .9050 and not once has it closed above that level. We've basically been in a .8970-.9050 range for a couple days(not counting that little dip ...

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

Yep, nice 40pip selloff leading into Asian on A/U. Quite the "rally" eh? haha I may end up being wrong, but I expect A/U to close the week under .9000.

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

What's better is that shortly after this article came out the A/U dropped 25 pips to 0.9013.

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

What rally in A/U??? It's barely staying above .9000!

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

hehe...I'm the reverse. Prefer day trading(maybe hold for a 2-3days). I find that less stressing. Closed my e/u short for break even after that last 15min candle...looked like a morning start pattern. g/u stoploss is at break even...looks like we ...

Dollar Recovery Extended

I see the GU and EU are selling off nicely...down 20pips since 10am EST, everything is looking good so far. Would like to see the lows of today broken now and then move my s/l to breakeven.

Dollar Recovery Extended

I like those 15min Pinbars on GU and AU...EU has been stuck at 1.3340ish for over an hour now. Should start to see some selling kick in soon. If those Pinbars get taken out with a close above...then I'll probably take the small loss and look for ...

Dollar Recovery Extended

Very true. I too can be wrong. But proper money management and not risking too much of your account will keep you going. Have to know when you are wrong and keep the loses small...don't let ego get in your way and destroy your account. Happy Trading! ...

Dollar Recovery Extended

Small rally is over for gu, eu, au today(we call that a retracement). Continue your selling.

Dollar Recovery Extended

A/U has already gone up 107pips from it's low today. It's normal ADR is around 120pips lately...so it should be pretty close to putting in a top for today.

US Unemployment Insurance Weekly Claims Report

Lets see if selling the rally works again. EU would be 1.3350 area, GU would be 1.5620, and AU at .9020ish

US Unemployment Insurance Weekly Claims Report

U/J went up b/c of USD strength and the guy from Japan saying they wouldn't hesitate to ease more if needed.

USD index breaks through 200DMA to the upside at 81.60 - trades 81.68 last

Perhaps...but Good China data didn't keep the A/U above .9000. Good Euro data didn't help E/U. And the G/U has been selling off since yesterday. The GU and EU both broke down below some up trendlines on the 1hr chart. A/U has been selling off all ...

USD index breaks through 200DMA to the upside at 81.60 - trades 81.68 last

Doing the same here...g'nite.

HSBC Flash China Manufacturing PMI

Cool...good luck on all 3 pairs!

HSBC Flash China Manufacturing PMI

Interesting...with GU and EU going down(USD strength), buying AU would imply some USD weakness right?

HSBC Flash China Manufacturing PMI

Exactly...A/U should be heading up based on that, but it's not...so that leads me to believe(not to mention my charts) bears are in control.

HSBC Flash China Manufacturing PMI

No follow through higher and still below .9000. Should get a retest of the lows, if not further down imho.

HSBC Flash China Manufacturing PMI