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ben10 replied Sep 17, 2009thanks Thadakman as i mentioned early 8680 is critical, well i just can hope she break or atleast penetrate it as a bear signal
AUD/USD
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ben10 replied Sep 17, 2009ouch! some of stop taken and kiwi long also close( some of it) pipping both ways image
AUD/USD
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ben10 replied Sep 17, 2009woo hoo she fall add more short! 8740 is resistance now (1 minute chart).
AUD/USD
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ben10 replied Sep 17, 2009thanks for that Shahab8b ! is that fibo fan(trend lines)? anyway i just miss my second entry point its abit late but ... ah well image
AUD/USD
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ben10 replied Sep 17, 2009back to forex! dollar index look very sad, stimulus money spent in march kicking equities higher , reflective market participant reinforce the bull and underpin/support for risky asset, irrational behaviour or tiny bubble in the aud/usd? ...
AUD/USD
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ben10 replied Sep 17, 2009used to it when play dreadful penny stock here in australia few years back

AUD/USD
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ben10 replied Sep 17, 2009[quote=G_Man;3068697] well my stops always taken out ! not fond of it unless scalp
AUD/USD
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ben10 replied Sep 17, 2009me image what the highest for the week? and thats my stop but by then my kiwi long already got more pips, (imperfect hedge).
AUD/USD
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ben10 replied Sep 17, 2009market participants react to price pattern eventhough the value of price tell different story,
AUD/USD
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ben10 replied Sep 17, 2009sar indicator usually very reliable for stop loss but to trade i prefer macd divergence. ok back to aussie as i see it 8680 is the critical one if only if the price break below it by tonite , then the bears is likely to lead the way
AUD/USD
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ben10 replied Sep 17, 2009good quote Shahab8b , are you familiar with his reflexitivity theory?
AUD/USD
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ben10 replied Sep 17, 2009traders decide what the value of aud/usd rate should be, forex not all about statistic or exact science , its social science more likely IMO.
AUD/USD