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DutchTrader replied Nov 6, 2007We need to clear the 9277/89 area to test that 9350 area again.
Aussie Pairs
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DutchTrader replied Nov 6, 2007Looks like we're headed to 9300, we hit 9262 and fell back a bit. The equities are quiet for now. I am surprise at AJ though, not a ton of upside yet.
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DutchTrader replied Nov 5, 2007fxpredator, Every trader must master the inevitable "setbacks" that the market hands him/her. From those setback you are either stronger, and learning, or you stay stagnant. May your challenges prepare you for bigger and better things my friend. ...
Breeze....Update on GBP/JPY
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DutchTrader replied Nov 5, 2007Cotdamn Aud, people are afraid to buy/sell it thus we're floundering ahead of the decision. Meanwhile Equities are shiite, and there's risk aversion in the air.
Aussie Pairs
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DutchTrader replied Nov 5, 2007I don't believe there is too much optimism. Let's see what develops. Plus we have the rate decision tomorrow.
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DutchTrader replied Nov 5, 2007Bernanke, I don't believe the equities are out of the woods yet. Stay tuned.
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DutchTrader replied Nov 5, 2007Another bounce off 9160, looks like it was a tepid bounce, now back towards 9160, seems my short call was correct, just not timed properly. 9160 gives again, NY is about to open should be more downside in that session
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DutchTrader replied Nov 5, 2007Yes, but the 25bp is already priced in we will see profit taking post statement unless there is clear indication of another hike in 07. Right now we're at 9182 so a cautious downside attempt is being made as all equities are down. Once 9160 breaks ...
Aussie Pairs
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DutchTrader replied Nov 5, 2007Very strange session so far, we are capped at 9200, clearly but not able to make much downside progress. Perhaps the DJIA will give direction along with the US Data at 10 EST
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DutchTrader replied Nov 5, 2007Stopped out of my short, strong bounce off the 9160 all the way above 9200, now another downside attempt. Let's see if we can breach that SMA at 9160
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DutchTrader replied Nov 5, 2007Yep that's the key level, I'll be either TP there or go on through the week.
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DutchTrader replied Nov 5, 2007
I'm sorry but you're not serious are you?Auslanco - GBP/JPY and GBP/USD (newstrade)
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DutchTrader replied Nov 5, 2007European equities set to open lower across the board. Looks like bear season. Next stop on AJ is the 104.62 fibo at 38.2
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