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BurgerKing replied Oct 27, 2011AUD rallied 300 pips from the bottom without any "appreciable retrace"! Thats big time conviction! Good thing I didnt short @ 1.0425; good thing I didnt short @ 1.0450, or whereever those fibs and extensions or whatever. I stepped aside.
AUD/USD
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BurgerKing replied Oct 26, 2011euphoria at the moment is subsiding... a little drop we go but what if that gdp of 2.5 is a dud and came out just 2.0%? 2.5% is too high a level IMO
AUD/USD
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BurgerKing replied Oct 26, 2011remember that cnbc "expert" calling to short AU @ 1.0475? his price is in the air. any takers?
AUD/USD
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BurgerKing replied Oct 26, 2011very strong up momentum.. putting my gun on safety for the moment till the smoke clears.
AUD/USD
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BurgerKing replied Oct 26, 2011The 50% haircut isnt officially done deal - just a news leak (aka rumor) from AP. Buy the rumor, sell the news.
AUD/USD
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BurgerKing replied Oct 26, 2011If China wont contribute then #1 SELL YOUR HOUSE! (so you can ) #2 SELL AUDUSD! (big) #3 SELL EURUSD! (big) Not necessarily in that order... because you might end up with: #1 SELL AUDUSD! #2 SELL EURUSD! #3 SELL YOUR HOUSE! (to cover for the huge ...
AUD/USD
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BurgerKing replied Oct 26, 2011I will wait for this rise to run out of steam before going in. Patience. 1.0425 short seems very tempting ATM. but Patience. I might get to short at higher price or a lower price. But Patience. We need confirmations for a big bullet trade. ADD: USD ...
AUD/USD
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BurgerKing replied Oct 26, 2011The silence before the storm.... Gotta be prepared with all guns a blazin'
AUD/USD
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BurgerKing replied Oct 26, 2011this 1.032x area is a tough nut to crack. twice today, all bounce will wait to short at 1.0400 for a retest of 1.032 support. ADD: According to chartists, AUDUSD could rise back to 1.0425 (68% fib from 1.050 to current drop). Hmmm better price to ...
AUD/USD
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BurgerKing replied Oct 26, 2011I wanna see 1.3680 - support from last week. we could see it eventually drop even further... small lots (low leverage) are for my long term runs.
AUD/USD
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BurgerKing replied Oct 26, 2011nothing to be jealous on the eurusd.. its a lame 0.5 lot i should be jealous of you for getting out with small profit when I had was a loss when we got stopped out earlier. im not risking waiting for audusd to drop further.. ran way with profits @ ...
AUD/USD
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BurgerKing replied Oct 26, 2011I will feel very good if I pulled this through... didnt have the conviction/anger towards eurusd to go big on that
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BurgerKing replied Oct 26, 2011The stopped out loss earlier was totally unnecessary seeing how we are back to where we were.... but no SL is a bad idea should it should up instead and when AUDUSD was hovering aroudn 1.0420, getting stopped out was a relief.. hindsight is always ...
AUD/USD
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BurgerKing replied Oct 26, 2011Stopped out here too.. Only reds no blacks here. Sigh.. When to take profit, when to move SL... its part of the game. Damned if I do, Damned if I dont. Cest la Vie.
AUD/USD
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BurgerKing replied Oct 26, 2011Nowadays, bad USD Data means bad for Equities, bad for Risk, bad for commodities. Bad USD Data therefore will drive AUDUSD down. USDJPY down, EURUSD Down. USD Durable Goods Order in 7 minutes. then there is USD GDP tomorrow. but USD DGO is a minor ...
AUD/USD
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BurgerKing replied Oct 26, 2011Out of Europe: 50% Haircut a done deal. No details what to happen to the other 50%.. Maybe wait for another 3 months and then another 50% haircut .. rinse repeat. Makes me wanna become a greek. Borrow all you can then dont pay...
AUD/USD