When the European session opens. Mid afternoon Aussie time. The greatest intensity occurs however when both Europe and the US sessions are running concurrently (in the dead of night for us alas). I don't usually ever leave a trade on overnight. I ...

AUD/USD

Caution, patience, discipline, knowledge and experience are what you get from the "kaboom". I traded AUD short all morning, did nicely, but cautious at this time (still) about going long. Need more evidence. Swissy hit a road block at 1.18400. It ...

AUD/USD

I'd be inclined to wait until the market is fully liquid, the early trade in the Asian session, and first session of the new week is always a little more risk prone than when the market is in full swing and you can see clearly how strong or ...

AUD/USD

It was interesting to note that when the BOE and ECB rate cuts were announced, the initial reaction was a sell off of the Euro and Stirling, while the USDCHF and AUDUSD both went on a huge north bender. The carry trade factor (with the AUD being the ...

AUD/USD

It depends on what knowledge you already have, what you have trialled, what you think or have found may work well for you, and what your risk profile is. The longer I trade fx, the more inclined I am to think the only thing that matters is price ...

AUD/USD

This week — Should be interesting. I'm thinking the housing data out tomorrow will not be wonderful (lag time before the increased first home owners grant kicks in) but the RBA will have positive things to say about our economy. The weekly ...

AUD/USD

Wouldn't get too excited about this. Look at the kid's other posts. He hasn't got a clue, and his claim is not real. Just a bored teenager stirring trouble. Given that ODL are a sponsoring broker for the FF site, methinks this kid better pray they ...

Broker refuses to pay me!

Fishy — Sorry, but this story has a strange wiff to it. I have never heard of anyone silly enough to complain that their broker never says a word when they lose money. Would a serious trader ever make such a statement? If this guy has both ...

Broker refuses to pay me!

Twee — Here I was thinking you were going to do something really spectacular and desirable, like open a voice based chat room. Sometimes one is too busy trading and watching charts to do a whole lot of writing or reading. Listening and ...

Bring back the Trading Room

Like your take on the EURAUD influence, I was watching it trade and could see so clearly the impact, very unusual for a major to be so affected so sharply. Sudden death territory, bit scary, but on the plus side, also very profitable if you happen ...

AUD/USD

Thanks, it's somewhat disconcerting to get a full grip on just how vulnerable the AUD is as a toy for the big boys. There are times when it looks strong and other times when it is enormously fragile. It certainly increases the risk profile it has in ...

AUD/USD

Thanks for the explanation Shuffl. I take it they were loading up the AUD to provide short cover for the Euro and cable, then selling it. The AUD hedge fund in full flight? Was there some other reason? If so what was it? If ya can manage ...

AUD/USD

Can someone please explain why the AUD is going a little nuts in both directions? I caught the first 2 big short legs, but not trading it again right now, very unstable. Is this because of the BOE and ECB rate decisions? It's behaving just like the ...

AUD/USD

Weird huh — Nothing makes a lot of sense lately... the AUD gains on news of a rate cut, goes short on good economic news, and cable goes on a long bender on the strength of really bad news. Can hardly wait for the ECB rate cut.... picking that ...

AUD/USD

I have a real dislike of using pattern formations to pick direction. What I see on the chart at present is the AUD putting in a base. The AUD has been undergoing some interesting changes in recent times. It has been the favoured major for risk ...

AUD/USD

AUD spikes — Things are a bit edgy huh? They're expecting bad numbers, but wondering if the data may be better than the dismal forecasts. My outlook at present for the AUD is some consolidation on the right shoulder for the next several days ...

AUD/USD

*ahem* *clearing throat* my professional opinion? hold on, got the crystal ball here somewhere ummm..... wait till you see some clear resistance candles on the 1M & 5M charts... often on a bull run it can retest resistance a second or third time, so ...

AUD/USD

LOL you funny mate. Not a pro, just a newbie myself, well a few months in the fx saddle, and a stack of good TA under my belt. Working on the discipline.

AUD/USD

I closed just on news time. 150 pips, can't complain. Don't like to trade risk. Happy to trade fear though LOL. Took a Euro short too, and that horse came in as well. There's always another train leaving the station sometime soon. Think the drinks ...

AUD/USD

Still thinking 100. Not long now. Swannie gave the banks a free kick last time, let them keep a chunk of the 100bp.

AUD/USD