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mpurdy1973 replied Dec 8, 2011i bet in the next two minutes the minute candle will go south; just to tempt you to go short and then; it will pop 20 pips north!
AUD/USD
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mpurdy1973 replied Dec 8, 2011well, you at least made pips :-) if the euro fails (which i think it will), you got 3000+ pips to win over the next 12 months! dont give up... sell on rallies :-)
AUD/USD
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mpurdy1973 replied Dec 8, 2011i am now flat; i think it will go up some before continuing down.
AUD/USD
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mpurdy1973 replied Dec 8, 2011a nice bounce up to about 1.0150 would be great -> then back down to .97 :-)
AUD/USD
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mpurdy1973 replied Dec 8, 2011what is interesting is that the audusd is moving faster than the eurusd and since it takes a smaller margin to trade it; its a win/win :-)
AUD/USD
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mpurdy1973 replied Dec 8, 2011i am now short with 14 lots (mini lots - small account) with my lowest stop at 1.0139 i took 9 off; dont think it is going to move much more now... should drop 300 pips; but someone is still buying heavy???
AUD/USD
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mpurdy1973 replied Dec 8, 2011im flat... will check things out later... happy trading :-) dont fall asleep ;-)
AUD/USD
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mpurdy1973 replied Dec 8, 2011my trading has been bad also this week; i believe it is because of the tight range; i have been lucky that i kept tight stops, so my losses have been little.
AUD/USD
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mpurdy1973 replied Dec 8, 2011sadly it could... it has ranged all week (only 234 pips for the whole week!) what is worse it if it starts to move closed to the close...then we miss all the action and next week there is a huge gap :-(( however, i would rather miss a good trade ...
AUD/USD
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mpurdy1973 replied Dec 8, 2011i think you are correct; my chart is a 5minute chart... i think it will take your 'A' path for the following reasons: 1) everyone want the euro problem to go away (so they will think so in short term during the holiday season) 2) reality will set in ...
AUD/USD
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mpurdy1973 replied Dec 8, 2011i think it is going south; however we may have a spike first... currently i am long with .5 lots
AUD/USD
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mpurdy1973 replied Dec 8, 2011im not brave enough to leave a trade over the weekend... so i want the move either before or after - so i can get a piece of it :-)
AUD/USD
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mpurdy1973 replied Dec 8, 2011i think she is going to test yesterday's low; maybe this time blow thru it; if not then she will go north again... the range for the whole week has been 234 pips; sooner or later she should move...hopefully before the weekend...i would hate to see a ...
AUD/USD
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mpurdy1973 replied Dec 8, 2011looks like it is ranging... i got out at BE; wait till it gets down to the other side of the range :-)
AUD/USD
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mpurdy1973 replied Dec 8, 2011i just went long with 3 lots @ 0181 will move stop up to BE soon... i am bearish overall; however, 1.150 seems to be a strong support for now; seeing there is much more coming out of europe on friday.
AUD/USD
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mpurdy1973 replied Dec 8, 2011the monthly, weekly, and daily range for the aud/usd is only 234 pips! and that was today's range!
AUD/USD
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mpurdy1973 replied Dec 6, 2011im not sure about this; but it does show that we have a lot of happy trigger fingers ready for a rally ;-) url
AUD/USD
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mpurdy1973 replied Dec 6, 2011im flat; nothing going on; so i am going back and doing my day job (at night :-)
AUD/USD
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mpurdy1973 replied Dec 6, 2011i would either: 1) take my money and run 2) put a tight stop about 10 pips above the high around 028x
AUD/USD