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- 713 Results (370 Replies, 343 Comments)
- Iro replied Dec 16, 2012
Yep closed half my eurjpy to lock in profits.
Looks like I was right on the money with the eurojpy impulsive wave up.
Aussie Trading Room and Cartoons Gallery
- Iro replied Dec 14, 2012
By the way believe it or not, if treasury delays returning to surplus and decides to raise more debt over current the 250billion limit. This is actually a positive for aud forex prices in the short/medium term. Why? Because right now the primary ...
AUD/USD
- Iro replied Dec 14, 2012
Hehe sounds like the shorts are panicking. It just closed above the macro descending trendline, could be the start of a 400 pip run.... Yes by all means lets all go short some more!
Aussie Trading Room and Cartoons Gallery
- Iro commented Dec 14, 2012
Errr you already requested a bailout at the end of November? I mean that is in addition to the bailout you got in June and the "credit line" from Germany in October. So yes I agree Spain does not need another bailout right this minute.
Spain reiterates does not need bailout right now
- Iro replied Dec 13, 2012
Its tough going for the audusd, low liquidity and its sitting right smack on the descending trendline resis dating all way back to 1.10. But if it can push through the resis and hold above. We'll have a breakout of the wedge pattern finally and have ...
Aussie Trading Room and Cartoons Gallery
- Iro replied Dec 13, 2012
I'm not too crazy about these levels on the audusd but I definitely buy around 1.05. Instead of aud I bought eur/jpy because that seems more like a clear cut impulsive 3rd wave that could potentially go to 110-113 levels.
Aussie Trading Room and Cartoons Gallery
- Iro commented Dec 13, 2012
Well for 2012 they're around 110 pips down on their euraud "trade of the century". 150 pips down on their eurcad trade. A whooping 1500 pips down on their audusd bet. -500pips on their long eurusd in the beginning of the year. The one trade they've ...
Goldman Sachs' Top 7 Trades For 2013
- Iro replied Dec 13, 2012
Man I don't know how many times I have to say it. The RBA is not the FED or the bank of Japan. The primary focus is price stability. It'll never intervene to sell aussie unless somehow it spikes up to 1.30 or something. These articles about RBA ...
Aussie Trading Room and Cartoons Gallery
- Iro replied Dec 13, 2012
For someone living in Australia I beg to differ. My parents bought a 3 story house and 2 investment properties in the 90's that have basically trippled in value, with no sign of dropping any time soon. My brother has been able work as a truck driver ...
AUD/USD
- Iro replied Dec 13, 2012
Nope look at the CNY/AUD chart. Its basically unchanged. Its not a China and Australian story. Its a story of how usd is getting hammered by FED printing. Everyone else is just trying to park their money in a country that isn't printing money and ...
Aussie Trading Room and Cartoons Gallery
- Iro replied Dec 12, 2012
Heh so basically the guy says its all the union's fault. Which is totally bullshit imo, its BECAUSE OF the unions that we have benefited so much from the mining boom. Without them people would be getting those shitty third world wages like in the ...
AUD/USD
- Iro commented Dec 12, 2012
So the central banks of the worst managed economies wants to tell the RBA how to do monetary policy? Give me a break. The best performing economies of the last decade have been the ones that have NOT engaged in wide spread money printing!
RBA told intervention necessary to dampen AUD
- Iro replied Dec 12, 2012
Yep me too. -30 pips I'm also thinking why oh why did I not add to my eurjpy longs when it broke resis.
AUD/USD
- Iro replied Dec 12, 2012
Oh yeah guess you were right. Whoa look at it go.
Aussie Trading Room and Cartoons Gallery
- Iro replied Dec 12, 2012
Man I can't believe I stayed up for this. I'm going back to sleep. Zzzzzz
Aussie Trading Room and Cartoons Gallery
- Iro commented Dec 11, 2012
I see you don't get sarcasm sidhujag. Guest's post was pure comedic genius lol.
Pressure for Rate Cut Suggests Bank Is Clutching at Straws
- Iro replied Dec 11, 2012
I'm not too crazy about going long at these levels at least not on a short term basis. 1.053 marks the completion of the wave from 1.034. In fact I've taken a short @ 1.053 targeting 1.0485 and 1.0465. My usdcad short from 9930 is also close to tp @ ...
AUD/USD
- Iro replied Dec 11, 2012
Well that's not COT trading is it then if you can't even pick a direction based on the numbers. Just saying I reckon its useless. I'm not trying to be rude I just want someone who uses COT to defend it for whatever merits they think it has and post ...
AUD/USD
- Iro replied Dec 11, 2012
By short because you put that yellow line at 1.10 where it was the previous top as well near the other record high in COT aud longs. So I assumed your bias is to the short side. Feel free to correct me if you're actually bullish. Other than that ...
AUD/USD
- Iro replied Dec 11, 2012
So then I take it you'll short now then? How would you consider stop loss and target? I take it you're a daily trader at least if you're using COT data since its not good for intraday swings. Please come back a few weeks later if you're successful ...
AUD/USD