Irish bank in trouble sell of in eur may magnify

AUD/USD

Im hearing Allied Irish bank in trouble has caused this selling

EURUSD

Seems Eur buyers at 1.3280-90. Mkt going long ahead of them. No bounce and these guys will bail..

EURUSD

I see another test of last nights lows. I expect initial buyers will come in but failure to bounce will see 9400 tested as stops below 9450.

AUD/USD

Well the bears have been waiting for the test on the downside. Unfortunately most have no doubt cut above 9530. Whats left is the longer term holders. A break below .9500 has signalled an exit but Im sure there are a few more stubborn players ...

AUD/USD

Yes market is definitely trying to pick a base. Interim they maybe right but without fresh buying it has a greater depth to fall until real supply enters.

EURUSD

"Quite simple.... 69% Short , 31% Long 206 Short 99 Long Short Avg. Price = .9237 Long Avg. Price = .9504 " where do we get those stats from ?

AUD/USD

Nothing wrong with that position ;-) Ok lets stick a range for today on this puppy and see how close we can get.. 30-80 ?

AUD/USD

You asked why the Aud is so damn strong? Because you and me are shorting along with many others trying to play the downside break on an uptrend. Its pretty hard to go long isnt it? Thats what everyone else is saying too..

AUD/USD

Of course its important not to push your friendship too far ;-) Some uncompromising positions can result in severe penalties and normally ends with a loss of cash :-0

AUD/USD

Dealers handbook: Rule no. 181 When picking tops you sometimes get a slap in the face. (Especially if she doesnt know you.) Stick with the trend is your friend- trend always allows you past second base ;-)

AUD/USD

If you are worried about local pricing buy online overseas and forget these rip off merchants. Tourism locally here is too expensive and they always blame the currency. Exporters wont be too worried. If they have borrowings in US dollars which many ...

AUD/USD

Another day another big figure. Mkt chewing through the sellers as mugs like me try and short the stuff. cud be a 30-80 range watch for oz yen sellers above 81.50 Dlr yen traders pussy footing and are scared of the mighty BOJ. Dont be fooled.. dlr ...

AUD/USD

There has been a never ending list of traders relying on a Central bank for a profit.. Rule 69 of the traders handbook. Central banks: They are never there when you need them and always there when you dont.

USD/JPY Discussion

I think he means that was the last rogering by the bull and the bear is about to bite back ;-) dorrar yen looking SOFT

EURUSD

Dlr yen looking soft could drag AUD with it on the cross. Good sellers on the cross up near 81.20-50 area. Looking for a test of lower levels in the oz tonight. No follow through on local equities from the US. Good luck...

AUD/USD

equity markets seem over extended too. We could see a pullback across the board.

AUD/USD

I think you are right.. market is over extended and factored in rate rise down the track.. no fresh buyers and weak longs will see test of the downside.

AUD/USD

Yes more so in a few seconds depending on how the market is placed and the validity of the news.

AUD/USD

"if rba raises rates to cool the economy and circulates more money into the market." Higher interest rates infact stiffles consumer spending.It will get to a tipping point that when interest rates become so expensive it cuts off business growth and ...

AUD/USD