I hate when brokers widen the spread before big movers. Are there any FCMs out there with fixed spreads? If not, we should all start one.

Nearly Naked (Simple Trades)

Are you betting before the release? I'm guessing data will be flat or positive. I'm not getting in till after the release though. Good luck to us

Nearly Naked (Simple Trades)

AUD Data soon

Nearly Naked (Simple Trades)

No worries, any positions I am taking today are in no way Long-Term. For example, I took the short on the UTL. Bagged 8 pips, am already out now. I just wanted to get some of the retrace before the data.

Nearly Naked (Simple Trades)

I'm with your second green arrow, maybe a little retrace before breaking. Still, I probably wont enter until the data.

Nearly Naked (Simple Trades)

Oh so tempting though. If it does break UTL ~8975 is my next friction

Nearly Naked (Simple Trades)

Also, there might be 100 MA confluence there as well, or 200 MA depending on your TF

Nearly Naked (Simple Trades)

PA is getting close to UTL on AU

Nearly Naked (Simple Trades)

Nice score Good Job! I have to tip my hat to Marc though too. Having a system and sticking to it is hard, but he does it well Good Job to you too Marc

Nearly Naked (Simple Trades)

Ya Well, I'm glad I didn't take that short. Targeting UTL and Data Release. Going to go make some more coffee

Nearly Naked (Simple Trades)

Look like we are taking the orange route. Also, looks like we are hung up on blue S/R. Again, if PA takes to UTL, then I might trade there, but other than that, trades below 89 or on data. I really do want to short on this S/R though

Nearly Naked (Simple Trades)

Haha, nice, you seem stressed. I really want to go short. We have been on this S/R forever. Could be good for at least 20 pips? I am like you though, waiting for the data release.

Nearly Naked (Simple Trades)

url url

AUD/USD

Bounced off 89, analysis still stands and is only dependent on a move through 89. If however PA moves to UTL, I might trade a bounce with the trend through 89. We are on S/R 8931 right now though. Stepping off the desk might have to wait

Nearly Naked (Simple Trades)

Last chart for a few hours. This is what I see on AU. Stepping off the desk for a few hours.

Nearly Naked (Simple Trades)

Second position got stopped out with +10 pips, so that was a success too. So AU net 32 pips. Going to wait till data release to trade AU again. Watching GU now as it is near a target

Nearly Naked (Simple Trades)

First position got stopped but net +22 pips, so it was good. The other is trying to make up its mind

Nearly Naked (Simple Trades)

Oh ya, i totally forgot about that one. Nice

Nearly Naked (Simple Trades)

Oh ya, I forgot, you and wednesdays aren't the best of friends I got to run to the bank, will be back in 20 or so min

Nearly Naked (Simple Trades)

Ya, PA is pretty slow. Will be watching AU later for the data release. Watching PA now to see if it gets priced in beforehand. Good to get some sleep though. Been on the desk for only about 6 hours now, and 1 pot of coffee. About to start up another ...

Nearly Naked (Simple Trades)