normally i would agree with you; but right now..this is clearly overbought..i think it is going to tank. i have a close stop at 55 so i am only risking about 20+ pips. if this drops, it is going to go hard. i am taking the risk :-)

AUDUSD for informed traders

i thought that was next year ;-)

AUDUSD for informed traders

if this does come down...look out it will drop 100 pips faster than it when up.

AUDUSD for informed traders

i had to short again...this is crazy...i have a stop at 55 however, it is 32 now and looks like it is still moving north!

AUDUSD for informed traders

i lost 12% in the last two weeks...technical tradining normally works; however, not on this pair!

AUDUSD for informed traders

no more technincal trading with aud/usd ...just go long! — the price is way too high by technical standards it should drop; however, this pair doesnt stop. after losing 12% in the last two weeks. i have given up and just going to buy on the ...

AUD/USD

my stop loss is at 106.09 my tp is open...see how it goes. if it drops a few pip and then goes sideways and then drops some more... i will move up my stop lose to about 10 pips above the highest value of the sideways, and continue until i get ...

AUD/USD

i am short 10x @ 92 3x @ 78 3x @ 68 so if we drop a little i break even...we drop a lot, i make profit :-) note: i trade for fun will very small account 10x for me is one micro lot :-) btw: you should get in the habit of ALWAYS puting in a stop loss ...

AUD/USD

looks like i was wrong (but i still dont think we are going much pass 1.06) i shorted again...i am expecting a drop...we will see:-)

AUD/USD

yep, i am short again...didnt think i would come up this high so soon; however, i still think it is over bought.

AUD/USD

i think we will get a big bounce at 1.038 - 1.040 but i think it will go down 1.020 - 1.0250 then i think it will got up and create a new high. i only wish i didnt close out my shorts earlier today :-(

AUD/USD

yes, i think so too. however, there are still many bulls out there... i think it will take a few mini bounces but we will get there. i think we will see 1.025 before seeing 1.06x

AUD/USD

yes, i agree. i work full time as a software engineer and cant watch the market every minute (like today, i will be gone now for at least 6 hours). i took 2 of my three lots off, and i move up the stop of the third one in case the bears run away. my ...

AUD/USD

yes, i know! if i waited for the high it would have been good. it could bounce and go higher next week off of 1.052 area and most likely at least bounce there even if it goes lower. when i trade i look for s/r, trendlines, fib, and pivot points and ...

AUD/USD

large red line is strong support...i think it could bounce off of before going up much more:

AUD/USD

yes, so that why you need at least 20k to trade standard lot sizes. give you the ability to tade one lot a time with the ability to tade a few different currencies. or you could trade in 5 mini lot sizes so you can stage your entries in case you ...

AUD/USD

i got chicken and took off the ones that were in profit; the other ones are still 7 pips under @1.0552...but it my pop again now that i sold, i can jump back in at the top if it goes back up???

AUD/USD

thanx. but i am going to hold thru the weekend. i only trade for fun currently (my two shorts where 3 lots a piece; however they were micro lots :-) if it got up close to 1.06 i would have shorted with 10 micro lots - still small change to you full ...

AUD/USD

yes, i agree; however there is strong support around the 1.02 area, and seeing it spike high, it is a good chance it will drop down there and then bounce back up. i do agree it is going up, but think it is going to retrace some first.

AUD/USD

it justs keep going up! however, i think it is overbought: 1) its friday 2) its 5% of the weekly high 3) its 3% of the monthly high 4) its at a record high 5) there no "new news" that should be pushing it up the only thing that is causing (that i ...

AUD/USD