- Search Metals Mine
- seesaw replied Aug 8, 2008
WOW, I was sick last night and totally didn't monitor my account. Woke up and found 200+ pip profit...hoo boy! I guess this means we might get a dead cat bounce and then head lower?
Trading Aussie Jacko Style
- seesaw replied Aug 6, 2008
Well we shall see, my guess is that this wants to see 90 first and then head back up, but I 'm probably wrong.
AUD/USD
- seesaw replied Aug 6, 2008
Not always true. Just last week the EUR had some great news and it spiked 100+ pips and it returned all the gains in less than 15 mins and headed south.
AUD/USD
- seesaw replied Aug 6, 2008
I was baffled at first and then I realized that AUD/ USD is extremely overbought -- think about it, it hit a 15 year high a month ago. Plus RBA is extremely bearish and will only cut rates, not increase it...it used to be trading in the .50s a few ...
AUD/USD
- seesaw replied Aug 6, 2008
If good news like this cannot notch it up at least another 50 pips this pair is heading south.
AUD/USD
- seesaw replied Aug 6, 2008
Not just yet...we will get there. Oil is dropping like a ton of bricks.
AUD/USD
- seesaw replied Aug 6, 2008
Thank you Loudinii. I am by no means a master at all, but thank you nonetheless! And congrats on your one pip. A profit is profit, thank goodness you didn't end up in the red.
No Brainer Trades