Shorted at 1.01931, lucked out on the bad PMI, and have a stop loss at 1.02231. Any suggestions on TP? Gracias in advance, you trading-lovin bastards

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no need to get riled up, man...it's an internet forum. daytrader's just finally glad someone else is taking heat in this thread

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Meeting Minutes — Coupled with the recently above-expectations data on most fronts, and this meeting minutes, it doesn't seem like there'll be a rate-cut next month. This could lead the aussie to maintain its bull trend. These situations are ...

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haha yeah, i understand what he meant...TP is 1.0072

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the world may never know

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Short — Short 1.01220, SL: 1.0162, TP: 1.01720 Let's see if this is a case of "buy the rumor, sell the news"

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are you basing that on the 61.8% fib from the 1.0473 high on 4/27 to .9580 low on 6/1? just want to see if we're on the same page

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FXCM says 1.0116/122 looks like this party just got another boost, although i wouldn't be so surprised if a "buy the rumor/sell the news" move goes on here.

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Thank ya sir, FXCM's showing Euro up 150 pips but nothing on the Aussie...

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oh so that was sarcasm ?...my bad

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how do you figure that the last two days' upside move was not an "intelligent" move, given the higher-than-expectations gdp, employment numbers, and the china rate cut? and if we're speaking purely technical...the one-month downside move through may ...

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4x the swap today...make sure you're 4x as sure

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Seriously though. This guy Evans tells his uncle's 3rd cousin to put in a buy order for the Aussie, then gets on the podium.... "Ahem, excuse me, excuse me...Quantitative Easing...Thank you, that'll be all."

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i wonder if any of these fed clowns play the FX market just so they can get rich by the sound of their voice.

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anyone have an idea what this past 20 pip surge was for? It hit my stop, and then IMMEDIATELY went. So angry right now.

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I think he meant a trader for 18 years, not something he said 18 yrs ago. Either way, it's certainly nothing most of us don't already know with this risk-on/off crap the media pounds to us.

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61.8 fib from the 0.99 downswing at 97756

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refer to the above post if unsure what to do from here.

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where are you getting the notion that no rate cut has been priced in? i'm reading that at least a 25 bps has been priced. url

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Cash Rate — FF has the cash rate remaining the same next week. I read many articles stating high chances (75% or higher) that there'll be a rate cut. You guys think a rate cut's been priced in or there'll be a drop if it does?

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