Quick update...the lack of follow through selling(support around .7630)...and the general rallying in Aussie, Euro, and Pound so far today may cause the .7700 level to be breached again. We'll either get 1) a double top based on yesterday's RBA ...

A Chinese win at IMF no one-way bet for yuan

New night, same results...so far. Monday A/U sold off once reaching .7660 area. Doing the same thing tonight. And of course, after yesterday's RBA spike, price was rejected at .7700 yet again. So until that resistance area breaks down(if it ...

A Chinese win at IMF no one-way bet for yuan

Not sure I would last long in your space either. lol.

Statement by Glenn Stevens, Governor: Monetary Policy Decision

As mentioned last night, A/U has found major sellers art .7700 area and the rally up that high already met Aussie's normal ADR. So after a brief two hour rally, both London and now US traders have been selling Aussie. We are still stuck in a wider ...

RBA Keeps Easing Bias as Rates Held Steady for Second Month

I was actually up last night...but traded a/u instead for less risk, didn't want to be on the wrong side of a 200 pip move.

After weak jobs report, a June Fed hike seems remote

Ah, Leo the fortune teller? It's not an easy thing to overcome...occasionally I still do it.

Statement by Glenn Stevens, Governor: Monetary Policy Decision

You are a funny lady, obviously drunk....lol. J/k..maybe lol. I get 30-50pips normally on a 100 pip move. . I'm not greedy!

Statement by Glenn Stevens, Governor: Monetary Policy Decision

Oh I know, just poking a little fun. Hopefully you were short E/A too. Nice 200 pip move down on that pair.

Statement by Glenn Stevens, Governor: Monetary Policy Decision

lol...someone is jaded. Please quote me as to where I told anyone to go long or short Aussie prior to news? Also, please quote me as to where I have ever said 5-10pips is my normal profit(hint...you can't because I'm not a scalper). Cheers!

Statement by Glenn Stevens, Governor: Monetary Policy Decision

This will help explain it. url

Australia Retail Trade

Joined FF Jan 2012, have made 26 posts in 3 years(most of them tonight)...and now you're hot stuff on one call. lol you crack me up. Hehe Congrats on your call bud, may it be the first of many to come!

RBA. Will They?

Pretty impressive...300 hundred pips on a 100 pip move.

Statement by Glenn Stevens, Governor: Monetary Policy Decision

Two factors working against it right now... .7700 has been major resistance for over a week now. And second, Aussie's normal ADR is around 100pips(which its already put in now). Not saying it won't go higher, but probably won't be easy too. I'm sure ...

Statement by Glenn Stevens, Governor: Monetary Policy Decision

There is the drop I was looking for on E/A!

After weak jobs report, a June Fed hike seems remote

Not always. It looks that way initially. Although it's having a hard time breaking .7700 yet again. Hasn't been been above that level since March 30. It would be nice to see a close above there and some follow through on the buying...not just a ...

Statement by Glenn Stevens, Governor: Monetary Policy Decision

Isn't that the same thing he said at the last meeting?

Statement by Glenn Stevens, Governor: Monetary Policy Decision

Yes you did, nice work.

RBA. Will They?

There you go guys, no rate cut! Hope you enjoy you pips...now the only question is is this just a one time spike or can price finally follow through and get above.7700 again? Cheers!

RBA. Will They?

I say don't follow the retail heard. Trade Price Action.

Australia Retail Trade

I see a lot of posts on FF saying they won't cut...and yet, 90% of retail traders lose money. Hope you guys don't lose tonight. Happy Trading

RBA. Will They?