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- stwk81 replied Mar 29, 2010
kourtney - what type of time frame do you see your target pan out?
- stwk81 replied Mar 29, 2010
BIG TIME! — Agree! there will be some profit taking sooner or later before the week close.
- stwk81 replied Mar 29, 2010
the more problems with Greece, the better for all the bears out there.. as much as technical analysis can help guide the movement of currencies, sentiments and psychology are a big play in the market!
- stwk81 replied Mar 29, 2010
Quite honestly this surge is BS...I think market-makers are big part of this move...but who knows....... if this move is with all consideration to interest rate hike, etc etc, it would/should be factored in by this stage...I will probably hold my ...
- stwk81 replied Mar 29, 2010
what do you see happening Marc?
- stwk81 replied Mar 29, 2010
Cool, thanks for the thorough explanation.!
- stwk81 replied Mar 29, 2010
That is a very bearish view...I'm quite new to all these terminologies, can I ask what DD is and MM rule?
- stwk81 replied Mar 29, 2010
George, I'm gathering that you have an existing short position? Where do you think it will fall to overnight?
- stwk81 replied Mar 29, 2010
Wasn't much reaction to the data....
- stwk81 replied Mar 29, 2010
We are all waiting patiently for the release of the bears!! c'mon!! My thoughts are AU will trend down towards 10:00EST Anyone else have other opinions?
- stwk81 replied Mar 29, 2010
Yep, definitely a good short around .9130...
- stwk81 replied Mar 29, 2010
Definitely agree with this trading tip!
- stwk81 replied Mar 29, 2010
My two cents, if a pivot forms prior to the US open on the hourlies, then there could be a 30-40 pips move...I would trade really really really short term seeing we have non-farm payroll out from the U.S, followed by RBA decision early next ...
- stwk81 replied Mar 29, 2010
chinaman, are you a day trader as well or is your view of A/U going down to 0.89xx a longer term view...say..by the end of the week?
- stwk81 replied Mar 29, 2010
Awesome! sounds like we're all on the same wavelength when are you guys thinking of covering the position?
- stwk81 replied Mar 28, 2010
Interest rate rise — There has been talks of raising interest rates on Tuesday, 6th of April...however, prior to that, we should probably be observing the nonfarm payroll that is coming out this friday...plus, we should probably consider the ...
- stwk81 replied Mar 28, 2010
What is everyone's view on the AUD/USD today (day trading only), seeing there is not much data out? And what are your views prior and post easter break?
- stwk81 replied Mar 28, 2010
Do you use Oanda as well? and does that spread suggest that it's hardly possible to make any profits?
- stwk81 replied Mar 28, 2010
Trading on weekends — Guys, from my understanding, some of you are able to trade on the weekend is that right? Is this because of the platforms you use?