IMF on the same page as RBA, price dropped by about 20pips following IMF's announcement. More easing ahead from RBA? Let's see how price move on from here. url

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Hi all, Just sharing this article. url Have a good trading week all.

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nice one there, good risk reward ratio! Hope it plays out well. Potential reversal, agree with you not to bet on reversals, but the probability for this one is slightly higher. Tight SL should do a nice job.

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What a mighty aussie bull run. Are the aussie bears gonna step into the market now? Let's see how it turns out.

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Hey Tablet, Where will your TP ideally be? Its still in a range no matter how crazy it went up, where will you be aiming at?

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Hi Mrfigure, Oic, agree with your point. Nope, didn't buy the dollar yet. With FED and ECB, alot of noise is being produced now. Shall trade when the markets calm down. Gd luck all!

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Hi Mrfigure, Obama clarified that he did NOT said that the dollar was too strong, it was a miscommunication by a french official. ( url ) I see this dollar pullback as an opportunity to buy in more. This is my humble stance, with two more rate hikes ...

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Hi dab,Yes, definitely be out before fomc. Will exit anytime now and call it a day. For guaranteed stop loss, my broker requires me to pay a fee for it, hence i do not use it. Events like FOMC, i will trade and monitor live. Hence, no stop loss ...

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Thank you for your kind words, Miss05. However, don't flatter me, i believe every trader has got their own way to manage their trades. I have my down days as well. Being human, emotions will come into play, hence, we can make use of our trading ...

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Hi Miss05, When i trail my stop loss orders, it is usually 10-15 pips (depending on the market's volatility) Now that price is below .77 as i'm writing this entry, my current trailed stop loss is around .7715. If price does go up to .7715, at least ...

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Hi Miss05, i do agree with you that there is a chance of the aussies going back up since it had hit stops at 0.7700 (from the orders board). For me, i held my short from yesterday 0.7750 till at current levels, trailed my stop loss as well so that ...

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4h uptrend line broken, more downside to come. Just my humble opinion

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Sorry that your SL got hit. Time for a new trade

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That will be a good scalp there. Do place tight stoplosses too since commodities such as iron ores and gold been falling quite rapidly. Good day!

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4hr uptrend line broken, will have to wait for 4hr close for confirmation broken trendline. I guess most traders are sidelined ahead of FOMC, that explains the low volume in markets today.

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Let's all refrain from making personal attack on one another. I'm sure we are all here for a common purpose, to share and get a sense of market sentiments of traders in this forum. Respect one another's opinion and viewpoint. Good trading week ...

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Haresh, i second your take on this currency pair. The region close to .78 has got too much resistance to overcome for sure.

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i see. Then you must be a long term trader with alot of patience. Good on you (Y) Gd day!

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Hey mate, don't be too impulsive on your revenge trade. Stay Cool

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imho, i will say more likely towards .76 after RBA Stevens statement. What about you and all other traders in this forum?

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