I feel your pain. I'm the same boat. Lost a ton of money in stocks last year. But there is a small valuable lesson I learned in Forex (from the limited exp. I have). Don't try to time your trades. If the trend is strong, it will eat up your entry ...

AUD/USD

I could be wrong! I just don't bet against the USD when its in bull mode. I wait for confirmation.

No Brainer Trades

That's what I like to hear

No Brainer Trades

I wouldn't EVER bet against the dollar when it's being bullheaded like this. Much too risky. But that's just me.

AUD/USD

I see USD/ JPY going much higher after taking our the resistance level. Not today maybe, but soon.

No Brainer Trades

Next stop, 90. My two cents. That is a firm, long term support.

AUD/USD

Thanks Loudonii, my sentiments exactly. I'm hedging this one---I have sells at 92+ and I have buy to cover orders at 90 something. This has further to fall (as I speak)...

No Brainer Trades

Anyone have any idea about AUD.USD? SEems to have stalled...I am bearish but I also think it's way oversold. The problem is, I don't see any catalyst to make the AUD go UP from here. Thoughts?

No Brainer Trades

LOL, thanks — Must read article: url Key to note: The Australian dollar has fallen more than 5 percent against the U.S. currency since hitting a 25-YEAR HIGH of 98.49 U.S. cents on July 16.

AUD/USD

I see a lot of resistance in the 9180 area. We need to break it to go long

AUD/USD

It will definitely relief rally tomorrow. The question is when will resistance appear? That's a big ??

AUD/USD

I'm with you 110%. We're not done. This is a relief rally if there was one. Plus home loans tonight...

AUD/USD

YAWN

EURUSD

Up up and way, my thoughts

EURUSD

We're going to see a huge EUR rally--my thoughts

No Brainer Trades

"Yet, the EUR/USD, USD/JPY and AUS/USD look oversold in comparison with other currency pairs and if U.S. Federal Reserve disappoints they may quickly become the biggest winners." Looks like we may have a turning point at 2:00pm, if all things work ...

AUD/USD

Well, I'm not saying 700 pips. But I wouldn't try to catch a falling knife either. Wait for confirmation of trend reversal.

Trading Aussie Jacko Style

There's no way. It may rally, but it won't snap back. Oil is tanking, there is some talk it will even touch $100. Gold is dropping. I agree this pair is oversold (I covered my shorts), but Aussie now, even now, is way way overvalued. We will have ...

Trading Aussie Jacko Style

FOMC may give us a brief rally tho

Trading Aussie Jacko Style

Anyone thoughts on AUD/ USD? Still short... looking for 90s, but maybe I'm not drawing my lines correctly..

Trading Aussie Jacko Style