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    • Trader Neal replied Aug 5, 2008

      we'll see. news trades are always a gamble so it's a big if and the fed plays to it's own tune regardless of the fundamentals. at least it seems that way to me. but i think it's obvious (if there's such a thing in forex) that they can not raise ...

      AUD/USD
    • Trader Neal replied Aug 5, 2008

      my indicators are slightly bullish but definatly overbaught and the price action does seem heavy. i wish i wasn't over leveraged or i would consider shorting.

      AUD/USD
    • Trader Neal replied Aug 5, 2008

      bounced at .9166 fibo pivot.. my indicators show way oversold and possible turning up but momentum is still in the bear camp.. stop loss considered if trade above .9166..

      AUD/USD
    • Trader Neal replied Aug 5, 2008

      i see bear opportunities in usd/jpy but as for entries it's a tough call.. i could have made a nice scalp trade (20-40 pips) but didn't pull the trigger because i'm overleveraged right now.. i might wait for another run up and short.. comments?

      AUD/USD
    • Trader Neal replied Aug 5, 2008

      rates in the US fell at a record rate. for them to increase and do a 180 when the economy hasn't recovered would not serve any point. the low rates are benefiting export. but we'll just have to wait and see if it's a us led race to the bottom or a ...

      AUD/USD
    • Trader Neal replied Aug 5, 2008

      actually the debt is a little higher.. i think it's 9.5 now.. that's a lot to float. you know what happens when a person spends and can only pay the interest. bankrupt.. url

      AUD/USD
    • Trader Neal replied Aug 5, 2008

      but if the fed stumbles which i believe it will investors will see the reality that the fed can not raise rates anytime soon. the parity mark is a major phychological level and it's possible that once broken the aud could surge much higher than it ...

      AUD/USD
    • Trader Neal replied Aug 5, 2008

      I don't see favorable conditions for the US economy. even with posted figures coming in strong. a look around in the real world and it doesn't look good with more Americans in debt and making less. credit is crimped and people have floating debts ...

      AUD/USD