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- ragnakore replied Nov 22, 2011
Today's US GDP report is a "2nd release" and therefore, it will not provide any surprise to the market.
AUD/USD
- ragnakore replied Nov 22, 2011
Damn!
I should have thought of that! BUT! when I dont have SL, damn price action would shoot fast and I end up with a wolf inside a hen house doing mucho damage to my account.AUD/USD
- ragnakore replied Nov 21, 2011
If this hits 0.9880, I will revive my previous positions. SL 0.9910 like it should have been!
AUD/USD
- ragnakore replied Nov 21, 2011
Holy .... I woke up to see I got stopped again @ 0.9880 I need better methods for finding stops!
AUD/USD
- ragnakore replied Nov 21, 2011
0.9840s looking like pivot point for AUD.. above bullush, below bearish.. sigh, bad location to pick a sell and now in red - again.. time to pick some hours of Zs...
AUD/USD
- ragnakore replied Nov 21, 2011
USDX is computed based on a basket of currencies one of which is JPY. check JPY, it is the only currency that is stringerbthan USD. And that's bringing down the USDX, not because USD is getting weaker. Using USDX to imply USD will be weak than EUR ...
AUD/USD
- ragnakore replied Nov 21, 2011
Just Heads Up: ie, FXCM will pay/charge 5x SWAP today because of Thursday, Friday Holidays. I am sure some people will be tempted to go LONG AUDJPY a few seconds before rollover time at FXCM later. phew...now back in black for that position.
AUD/USD
- ragnakore replied Nov 21, 2011
contemplating of adding position around 0.9840s Now have 3 positions: 5lots 0.9960, 2lots 0.9895, 2lots 0.9845 (avg 0.99191) SL 0.9890, TP 0.9720 I am bewildered why EURUSD rallied up to 1.3530s....
AUD/USD
- ragnakore replied Nov 21, 2011
Risk Off. That is big reason why it is falling down. Today's big RISK OFF event is US Super Committee's Super Failure to pass budget. This could drop US Ratings from AA to A.
AUD/USD
- ragnakore replied Nov 21, 2011
Stop out pressure relieved.. For now... However, big drop is still not happening waiting for 0.9940/30 to break.. Interesting to watch how eurusd not dropping like it should.. Analyst claim that European companies/banks are selling foreign assets ...
AUD/USD
- ragnakore replied Nov 21, 2011
crap retrace could take my positions (0.9960) out (sl0.9917) damn... why cant this drop like a rock already... i was waiting for 0.9810.(150 pips)
AUD/USD
- ragnakore replied Nov 21, 2011
same here.. but i wonder how thursday friday will do. traditionally, usd sells off during this holiday even during 2008
AUD/USD
- ragnakore replied Nov 21, 2011
Anyone have good price level to short seeing this went below 0.9900?
AUD/USD
- ragnakore replied Nov 21, 2011
I went short @ 0.9960 after the rejection from 0.9990. Not the best entry considering the above guys sold @ 0.9970s, 0.9980s, 0.9990s. Beggars cant be choosy but at least, I might be able to recover that big loss from last Friday last trade. Now its ...
AUD/USD
- ragnakore commented Nov 20, 2011
Government always get their money first. Then Prime Investors and Lenders get their money; Retail Investors (like you and me) are the last to get whatever remained...
Anger mounts as MF Global clients see $3 billion still stuck
- ragnakore replied Nov 20, 2011
What is your SL? I hate what happened to me back in friday (wrong SL)
AUD/USD