No we won't, because it doesn't work that way. Some suggested Canada, I'll suggest Switzerland: one-third the population of Australia, one-fifth of Canada, and one-ninth of the UK.

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Population doesn't determine fair value of a currency.

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It already is. It has been dropping at a similar rate for a few weeks. Value doesn't matter, Aud dropping is the result of risk aversion.

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I'm confident it was aimed at Europe's "leaders", and not individuals such as yourself. Similiar to how the Europeans talk about the Americans .

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It is a bit tragic, he seems psychologically crushed rather than having lost it all.

Floored, the movie

Why hold short when we can take some profit for a portion and re-enter at a better price? There will be many short positions taking some profit along the way. That's all I do when I day trade - trading around longterm position.

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Short postions can't book any profit without buying.

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I'm sure I didn't get a steak .

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I remember the "bowl" everyone was talking about on the daily back in feb/march .

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Small sell here.

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My internet connection has been dropping out all day. Impossible to trade, and today would've been a good day. Yes, I should have a backup connection.

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It would be pretty arrogant of me to suggest it's stupid, but I certainly wouldn't make that trade. I'm expecting a reaction to 2350-60, like we're seeing. Support, daily pivot, statistics favour a reaction. Maybe you know better this time!

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Shorting at support and into the pivot .

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I take it you haven't traded for long?

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I'm guessing he was talking about steroids, and it's unlikely you get any after hours action anyway .

Show us your workstation!

It's not reasonable to debate on personal definition, and it's the source of much disagreement on this topic. Definitions wouldn't be so important if we could all understand the nature of an activity, but we don't. Many can't seem to think for ...

Trading vs gambling

I trail the stops early on until BE. From there I will usually split the trade into thirds and move stops and profit taking at different stages. I will usually leave at least one third to be stopped out though. Predict or react? I think being able ...

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I would only long the aud if someone was paying me to. If someone is so desperate to long, currencies may not be the best market for them as we have to short something .

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Do you have a stop loss in place? If so, is it well-placed, i.e. consistent with your plan? Is the plan a good one?

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