From this chart, it appears that there is a channel resistance somewhere around 1.0340~1.0360. The bottom of the channel is around 1.0210~1.0180 area. correction: I would therefore, wait to short if it fails to break the upper trendline preferably ...

AUD/USD

Forex Trading 30 years ago: url enjoy the technology we now have that these bloaks didnt have: Fast HiResolution user friendlier Personal Computers, Internet, Wireless Internet/Network, mobilephones, SMS

AUD/USD

ditto

AUD/USD

Angela Merkel, with all the Billion Euros she controls, Hell, to the Greeks, she is a godess with the power who dies or lives.. Sarkozy is just her lapdog...

AUD/USD

Like red, I am sideline since yesterday. Monday was a killer got screwed.. I too have a sell order parked at 1.0380 - its a strong resistance since late Nov. tested it twice this year as well. And this time I wanna short it at that price with Stop ...

AUD/USD

"what do you normally do" is not an exact science ranging from as accurate as 0 pip to as huge as 200 pips. When to buy/sell is basically gut feeling+observation+experience. If it is exact science, then everyone can do it exactly. Now that we are ...

AUD/USD

Last time price was here, I was long. Didnt pay attention to very strong 1.0380 resistance I got stopped out (but at profit though). This time, I will wait for 1.0380 and see if it breaks to buy or falter to sell. My bias is to sell. Again. China ...

AUD/USD

Aluminum company ALCOA is dropping. it is testament to the fact that metals is dropping like shit. watch out for china data. the RRR cut is a clue that chinamis easing money because it is slowing. GDP is forecast at 7% way lower that the previous ...

AUD/USD

EUR trying to recover lost grounds going back up to 1.28 implying USD weakness or market hope or consolidation or stop hunting or possibly all of the above.

AUD/USD

ya... price action is boring zzzzzzz

AUD/USD

Looking like a fake selloff. and its breaking 1.0200 up. possible 1.0270 Sarkozy + Merkel will have a chitchat later. HOPIUM in the air again

AUD/USD

I;ll be watching AUD Retail Sales. If its a dissapoint, AUD will drop for the whole week. If its good, I'd still sell it above 1.0260 preferably @ 1.0300 with stop @ 1.0380s Now, AUD is following some form of fundamentals following china jitters. ...

AUD/USD

I will start shorting AUDUSD: #1. above 1.0260 towards 1.0300 with stops 1.0390 #2. on a break of 1.0200 with stops 1.0240 there are several congestion levels below 1.0200 with varying degree of volume. a. 1.0170 area (short term) target b. 1.0060 ...

AUD/USD

Watch EURUSD 1.2700, SPX 1270, AUDUSD 1.0200 (Hmmm... only AUDUSD isnt same number as the other two...) All will move in same direction comfirming the trend. Sell Trigger finger getting itchy....

AUD/USD

What you know is "old school" pre Leman brothers/SubPrime crisis news/data trading era wherein Good/Bad news for a country will affect strength of their corresponding currency; ie, BAD US news will depreciate USD. THAT DOES NOT APPLY ANYMORE! ...

AUD/USD

NFP is RISK POSITIVE on all counts: #1. Good Private #2. Good Fulltime #3. Low unemployment #4. revisions to previous are neutral (not negative) So why is AUDUSD not taking out 1.0300? EUR?

AUD/USD

I would like to see: a very good number; AUDUSD spiking up then the "wait a minute" moment as traders pause to ponder as the number is mostly parttime jobs, while fulltime jobs went down. AUDUSD breaking down hard. Be careful to check PARTTIME vs ...

AUD/USD

i anticipate a good number as well. however, i worry market may downplay a good nfp claiming "seasonal number does not count". i prefer a bad number to maintain selling pressure. i agree 1.0220 is strong support much like 1.0380 a strong resistance. ...

AUD/USD

ADP good number downplayed. they reasoned, oh yeah, its seasonal, its expected... seems like atmosphere is very edgy i missed a good short above 1.03 went short 1.0290 after adp failed to rally and downplayed even but right now, i m still ...

AUD/USD