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- Iro replied Oct 18, 2012
That's very bullish on gold! Well I am too, but I don't expect it to reach that level for years. What time do you think it'll reach 2300? Also may I ask why you are so bullish on gold AND USD? Gold priced in other currencies have actually been ...
AUD/USD
- Iro replied Oct 18, 2012
Except it don't seem to want to go down =(
Aussie Trading Room and Cartoons Gallery
- Iro replied Oct 18, 2012
Dw about the trendline. It broke through @ 103766. Now hopefully it'll behave like in Sept 10, hit 1032 then rally again.
Aussie Trading Room and Cartoons Gallery
- Iro replied Oct 18, 2012
Dont be so hasty, it might bounce off that tiny trendline off 103584.
Aussie Trading Room and Cartoons Gallery
- Iro replied Oct 18, 2012
Looks we might get a pull back lower after all, double top @ 1.04. Now I can set my limit order for tomorrow.
AUD/USD
- Iro replied Oct 18, 2012
Maybe, but I think if it was just risk on profit taking they'd do it at the end of the session or day. Instead the price went the opposite direct right after the news. My feeling is that the pros already brought in early ahead of everyone else, and ...
USD/CAD
- Iro replied Oct 18, 2012
Ha I was a bit surprised by the move myself. But you can't predict the governor of Ontario or whatever resigning.
USD/CAD
- Iro replied Oct 18, 2012
Don't worry about the news unless its a game changer. Just look at the chart, there's an hourly pin bar reversal. If it doesn't make a double top @ 1038 or 1040 its just gonna keep going up. We broke the intraday 4 week downtrend 2 days ago, since ...
AUD/USD
- Iro replied Oct 18, 2012
The correlations seems out of wack today, good China GDP, aud/cad goes down. Good philly fed manufacturing, cad gets murdered. I mean it should be the other way around right?
USD/CAD
- Iro replied Oct 18, 2012
How annoying, hourly pin bar reversal =( Now I might have to buy on 1.045 break.
AUD/USD
- Iro replied Oct 18, 2012
The last time we were at these levels it dropped 60 or so pips after hitting the 23.6 fib @ 1038. So I hoping it'll break that stubborn 10373 support and come down to 1032-1033 so I can reload some longs.
AUD/USD
- Iro commented Oct 18, 2012
The aud is still in the 1.10 - 0.95 range. Fair value for aussie imo is around 1.05. However I think the rally will take us around the 1.08-1.10 area given its near end of year Christmas season.
AUD/USD: Trading the Chinese GDP
- Iro commented Oct 18, 2012
Ha hard landing my ass, its just going to get better and better next year as the European situation improves and China start exporting to them again.
Chinese Goldilocks GDP: Q3 economy goalseeked just as expected at 7.4%
- Iro replied Oct 16, 2012
Spreads seems fine to me. Old razor account current spread 0.3-0.6 on E/U, asia session. Keep in mind you guys spreads increase in news events, that's probably what you were looking at.
Pepperstone Forex
- Iro replied Oct 15, 2012
So basically rich people are all super duper awesome right? Gimme a break, they're exactly like the rest of us.
21 Ways Rich People Think Differently
- Iro commented Sep 19, 2012
Damn the oil drop is killing my long cad trades. =(
US crude oil inventories rise by 8.5m barrels
- Iro commented Sep 19, 2012
Is it because of the elections? Maybe Obama wants lower oil prices before people go to the polls.
Out Of Nowhere, Oil Is Tanking Again
- Iro commented Sep 19, 2012
But gold rally just beginning. Go money printing! =D
BOJ Enhancement of Monetary Easing
- Iro commented Sep 7, 2012
Chinese banks have state backing, loans by these banks to local governments are actually conditional grants. If they are non-performing, the government will just write them off, as long as the banks directed them towards state approved projects that ...
Are Chinese Banks Hiding “The Mother of All Debt Bombs”?