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    • 100PipsADay replied Oct 2, 2012

      The Big Boys are taking out all the Lemmings... LOL By the way, I think I'm going to embed that "widget" into my Trader Sentiment & Positioning" blog! Thanks bguguen.

      AUD/USD
    • 100PipsADay replied Oct 2, 2012

      AUD/USD Monthly — I'll post my chart just to show you where I'm coming from. Not saying I'm right and you're wrong, just posting my perspective. .94-.96 acted as monthly resistance back in 2008, 2009, and again in 2010. Then in 2011 and ...

      AUD/USD
    • 100PipsADay replied Oct 2, 2012

      .94 - .96 is MAJOR support zone on the monthly chart which is why I would have to say .95 is a good target by year's end. However, if we have a major *meltdown in US equities similar to 2008, then .64 could be a very realistic target! Just look back ...

      AUD/USD
    • 100PipsADay replied Oct 2, 2012

      I use large SL and TP's when I trade so I don't get knocked out from "news" event moves. Typical SL is 160-180 and TP is 280-320. Trades are normally held for few days to few weeks. Sometimes longer... Thanks for the heads up though!

      AUD/USD
    • 100PipsADay replied Oct 2, 2012

      Looking to add another short position once Williams % indicator shows "overbought" on the H1 chart. We are in a down trend so sell on the pullbacks. Simple as that. *By the way, look at all of the other Majors along with US equities. Nothing is ...

      AUD/USD
    • 100PipsADay replied Oct 1, 2012

      Never underestimate the "Carry Trade." *Due to the fact that a .25% rate cut has already been priced in roughly 65% during the past few weeks if they cut rates the AUD should weaken. However, if they DON'T cut rates, I would expect a quick spike ...

      AUD/USD
    • 100PipsADay replied Sep 14, 2012

      In all fairness your long AUD/USD call was a gamble due to the MAJOR news event with FOMC. There is no way anybody could have known 100% for sure what the outcome could be. But regardless, I'm glad you were profitable with your trades!

      AUD/USD