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Pip Anon replied May 30, 2013Possible. I'd like it to close above .9869 before I get too excited. Dollar looks exhusted and taking a rest lol. Think the market is getting ready for a US GDP figure
Aussie Trading Room and Cartoons Gallery
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Pip Anon replied May 30, 2013You tell me? Do you think the US economy is driving all-time equity highs? When you try to narrow it down into singular reasonings you shut out the other shit that is happening. I am not driving Aussie down. Do the fundamentals stink? Sure. Is it a ...
Aussie Trading Room and Cartoons Gallery
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Pip Anon replied May 29, 2013No where? lol. No rate cut still leave Aussie in it's current position. Don't know how optimistic that expectation is.
Aussie Trading Room and Cartoons Gallery
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Pip Anon replied May 29, 2013And I was talking about the -1000 over the last month. It took three months for that move. I am not arguing that price may or may not go up. I posted a bounce would happen at .955 and Im looking at +120. These micro-moves happen, but it's not a game ...
Aussie Trading Room and Cartoons Gallery
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Pip Anon replied May 29, 2013OK, I get that. Aussie jumping 80 pips in a decline of 1000 is nothing to write home about, and I posted the same chart you did weeks ago which was my main... eh, I give up
Aussie Trading Room and Cartoons Gallery
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Pip Anon replied May 29, 2013Is that philosophical? lol Tops and bottoms are relative. Intraday top might be great in the short-term but not mean anything long-term. I think we get caught up trying to rationalize everything with preconceived notions. It's like going long ...
Aussie Trading Room and Cartoons Gallery
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Pip Anon replied May 29, 2013It is always great to be knowledgeable. However, knowing "how to" and application are two distinct aspects. Experience is the key to successful trading, although learning application shouldn't necessarily be done on a live account.
Aussie Trading Room and Cartoons Gallery
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Pip Anon replied May 29, 2013Now you're short? By all means don't listen, but clearly trying to trade every small move is killing you. You are over trading. Do your account some justice and just take a break and regroup
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Pip Anon replied May 29, 2013I think it will reemerge once equities flop over. Right now there is no incentive to carry Aussie because their is better yielding assets right now. When that happens Aussie should pop hard, but untill then there is no point.
AUDJPY + EURAUD + AUDUSD -- (carry + intraday)
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Pip Anon replied May 29, 2013I mentioned that to him last night

Aussie Trading Room and Cartoons Gallery
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Pip Anon replied May 29, 2013I know your still relatively bullish. But you have to ask yourself two questions: 1) Does the Aussie has value? 2) Are there other opportunities to make money? Aussie may have relative value from it's highs, but with other assets outperforming, ...
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Pip Anon replied May 29, 2013To some extent. However, limiting your trading to a few trades a month or week does not indicate pocket depth. You can still successfully trade 4H/1D with medium capitalization. Scalping is no good undercapitalized, and leverage can beat your ...
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Pip Anon replied May 29, 2013Haha but bro, at least im not holding 1.00 shorts like most. Annnnd not to make any excuses but I just start to get back on Aussie then, was too busy with euro


AUD/USD
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Pip Anon replied May 29, 2013You have to trade according to your account size wise. For instance, I'll find a trade and trigger an order. Before I place the order I already have picked out my overall size, SL and targets. Generally I will have 2 SL and 3 targets. I may trade a ...
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Pip Anon commented May 29, 2013I don't know to be honest lol. I think traders get wrapped up in everything besides true price action. Why someone would think a short squeeze is bullish, IDK. Unless you catch it - and by that I mean at the appropriate support - there is no point ...
There goes the AUD
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Pip Anon replied May 29, 2013.850 has held for decent support. If breaks I'd cut lose. On the daily I can see .82 open, but intraday resistance around .8086 (20EMA) and .8122 (50 EMA). Decent returns depending on your cost basis.
NZD/USD