So my open ended question for analysis is: We've just had the largest pip day in Aussie since March. Since it's already so stretched outside the normal range, does that increase or decrease the likelihood of further movement on the RBA decision. If ...

AUD/USD

Yeah, maybe London closing stop hunting I guess, I was hoping there was some news, it worked great last night.

Aussie Trading Room and Cartoons Gallery

Ok we just hit that, any ideas why it's skyrocketing right now?

Aussie Trading Room and Cartoons Gallery

So I just checked the side of retail traders for Aussie..........longs...IT's 5.46:1 ratio......wtf, that's like what happened during the whole run from USDJPY from 100 down to 74. Basically it means, there's not many retailers who will be buying ...

Aussie Trading Room and Cartoons Gallery

Are you planning to re-short on the pullbacks with a set level of stop? or you going long now? 200 pips, you're obviously not scalping, u must be either following the trend or looking for the swings. I got psyched out by that pause at 96.80.....cost ...

All Majors and Gold

I think you can place a stop loss at 1.31 if you're short like most people have said. I'd say if we get up above the current R1 line around 1.3048 we'll get there. But between 1.297-1.3030 it's a day range......good luck, you could get chopped up if ...

EURUSD

The news isn't that bad, it's more like people are just re-balancing month end. It's not all directly correlated, GDP by .1% miss doesn't translate into a 1% euro move lol. Just watch the levels and the price action. This looks like a classic "short ...

EURUSD

Why? I'm only giving it a 20% probability, I'd say 20% it goes down through 1.29, 30% it goes up to like 1.2930-40, and 50% chance it just chills. The 20% chance: It's a long weekend, and this may be the first 3 day loss in the equities market THIS ...

EURUSD

Hmm, the market has moved roughly 100 pips up and down on EURUSD today, pretty typical. I'm not sure what the probability is, maybe 20%? That we'll get back below 1.29 today and take out some Long stops. There's no new events coming up, and it's a ...

EURUSD

Ok I looked at your chart, I see what you're looking at. It's basically a "chop zone" break out in my layman's term. Yes, it's potential, and this potential is what'll keep the trade moving. I am cautious of being short here, although the resistance ...

EURUSD

Excellent! I'll have to order one at the bar, while I trade from my iphone next time on a Thursday night at Singapore open. (NYC night time for me)

EURUSD

Can you explain the Singapore Sling please? Sounds cute, and I'd rather hear from a fellow trader, than an autonomous internet search

EURUSD

Solid call! Very impressed with that bounce, you nailed the range quite well.

Aussie Trading Room and Cartoons Gallery

Not sure about GBP JPY, because you have the potential for GBP to breakout vs USD, which could affect JPY. I actually have two automated systems that trade GBPJPY, so I can't venture beyond that.

USD/JPY Discussion

If we're posting trades. I'll tell you I just closed out a Long I'd been holding since 100.35 a couple weeks ago @ 102.45 tonight, I was looking at a wave to hold above 102, but all this turmoil has just stalled it, I suspect any upside is going to ...

USD/JPY Discussion

I agree about your profitability on the trades before programming the EA being a Chicken before the Egg situation, I think it's a little bit much on the requirements, if you can do all those requirements and get 150 trades done, I'd be assuming ...

Free Coding: your systems

This whole zone is still rangey. 1.018 may be a bit outside......I'm more inclined to buy/sell on the breaks. That chart you posted shows we are right back in the middle, you could argue the fibs either way. Very likely, we may see it topside back ...

Aussie Trading Room and Cartoons Gallery

I don't expect it to break those because there's no catalyst (yet), the market is too supported to the downside, and people are buying gold which supports Aussie, I'd expect it to eventually overcome 1.06 first. But, if and when it does break those ...

Aussie Trading Room and Cartoons Gallery

The aussie is just being really rangey right now. I wouldn't worry about it, if you guys want to scalp, you can just stay on the support zones. I wouldn't expect it to break 1.053, and if it does, I wouldn't expect it to break below 1.049, so you ...

Aussie Trading Room and Cartoons Gallery

There was a point earlier today.......where I thought hmm, I could take profit on my aussie position now, buy the dip on EUR with a tight stop loss and ride it up. I kind of regret not taking that decision....I would have been 40 pips richer on ...

Aussie Trading Room and Cartoons Gallery