No good news for shorts carried over the weekend, AUD/USD set to open above 1.0750, currently priced at 1.0720.

AUD/USD

Biased long yes, flat till Tuesday.

AUD/USD

Keep selling EUR/AUD and GBP/AUD

AUD/USD

My opinion is if the market wasn't largely driven by worries about Greece possibly getting kicked out of the EZ, we would have already seen fresh new highs above 1.11. Look out for a bailout resolution to stock up on longs this week. Also be wary of ...

AUD/USD

Sorry but I can't follow you, wtf are you on about? The only thing I got was you saying 1.08 is an all time high. It's not, it's 1.1080. What are you trying to say, that picking absolute tops and bottoms is a good trading strategy? I agree, only if ...

AUD/USD

Why should it reach the red line?

AUD/USD

Nah but very often during Tokyo/Frankfurt overlap you can see a fake move targeting weak stops before London opens, it's called the Franky fake Always good for 20-30 pips before a reversal.

AUD/USD

Good entry, 1.075 was always gonna be a hard nut to crack during Frankfurt test.

AUD/USD

^ M11 chart

Spider's Den

That looks more like inverted H&S then anything else.

AUD/USD

Nah the Yen rise was caused for different reasons, Yen is in demand as a safe haven currency in volatile times but it's also a source of "cheap money" since the official cash rate is almost zero. Japan became what it is through manufacturing and ...

AUD/USD

That's not how it works, an free-floating exchange rate is determined by supply and demand only, as long as the demand is higher then supply, it will keep rising, simple as that, no patterns or double or triple tops on charts will stop if its the ...

AUD/USD

Holy crap do you even think while you type or read after you post? A post containing irrelevant nonsense combined with self-contradictory crap. What's a "very short term"? 5 min, 4hrs, 1 day, 1 week, or what? 3-4% up? Dude that's $1.12, do you know ...

AUD/USD

Funny how it's now flooded with even more noobs then weeks ago and always one and the same crap talk about overvalued, overbought, unsustainable, off the cliff blah blah blah. No point posting anything valuable here anymore.

AUD/USD

This thread is hilarious.

AUD/USD

I'll rather stay flat in this mess, doesn't look like we'll get any certainty tonight. GL everyone.

Spider's Den

You just don't get it do you? Swap and spread are apples and oranges, retail brokers make money from losing traders who make up 95% of their customers, usually people who don't even know the difference between swap and spread. If the broker doesn't ...

AUD/USD

Lull numbers, might get very technical tonight.

Spider's Den

Hahahaha what's that? I used to call a friend back in elementary school Shucksie, he was a character...

Spider's Den

By trading forex you are trading with or against other participants in the market, it's a zero-sum game meaning in order for someone to gain, someone else has to lose the exact amount. This is fine with the Qur'an, interest however is forbidden ...

AUD/USD