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BurgerKing replied Oct 26, 2011We could be 1.1000 by now.. or 1.1500 discounting the drop to 0.9400 Nobody loves USD. Everybody HATES USD.
AUD/USD
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BurgerKing replied Oct 26, 2011this 1.0300 level provides a ton of supports! One in every 20 pips levels each with varying conviction/strength though. In my last AUDUSD position (long 1.0350 ), i got stopped out when I moved my SL to BE+25 pips.. and yes, I got stopped out! ...
AUD/USD
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BurgerKing replied Oct 26, 2011Phew... Survived the rally squeze to 1.0394 by just 2 pips (4 pips spread broker = 1.0398 Ask) and we are now knocking at some support 1.0340s. Im still in @ 1.03648 SL 1.0400 TP 1.03200 initial, then to 1.0280.
AUD/USD
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BurgerKing replied Oct 25, 201103:28AM GMT, 2nd time to test 1.0360.. will it break down this time or no? it tested 1.0385 twice.. range?
AUD/USD
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BurgerKing replied Oct 25, 2011I've been with Alpari UK for half a year and would agree their MT4 platform suck! Execution is slow, requotes often. But one thing I like about them are: Credit Card funding and Quick Withdrawal. Even if the broker is fast on execution, no requotes, ...
Alpari.co.uk Discussion
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BurgerKing replied Oct 25, 2011Market Rally is driven by Money Fuel. In the absent of Money, Market will shrink. If PIIGS will not pay up, then there will be no money to fuel the market rally. Greece default would be best for greece in the long run, but for the short term, it is ...
AUD/USD
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BurgerKing replied Oct 25, 2011pink anyone could have written that it would go up then down and the same person would write another article saying it will go down then up. either way, he will be right. the only way to know if someone is right is where he puts his money in.
AUD/USD
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BurgerKing replied Oct 25, 2011stupid of me to go short at the very bottom... too late to short when it was 1.0390s too early to short when it dipped to the lower @ 1.0365 SL 1.0400 TP 1.0320 not a good RR im my opinion
AUD/USD
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BurgerKing replied Oct 25, 2011There is definitely no BUY here. but watch for the Support @ 1.0375.. see if it breaks or not. If break, then down to 1.0260 we go.. unfortunate it was not better than expected or i'd be selling up top
AUD/USD
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BurgerKing replied Oct 25, 2011AUD CPI in 2 hours. But I believe it will be muted by the Euro Crisis. Therefore, should CPI come out better than expected, AUDUSD will rally but I will sell after the spike with SL @ 1.0510 for a 1.0380 TP (or to price pre-spike). If the spike is ...
AUD/USD
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BurgerKing replied Oct 25, 2011I am not looking for any DIP to buy AUDUSD. I believe it is very dangerous to go long with the Euro debt crisis D-Day approaching. I will stay away atm. Secondly, that 1.0500 is a strong resistance. Difficult to break that from here. I would however ...
AUD/USD
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BurgerKing replied Oct 24, 2011I am hoping for a dip too.. curses I got stopped out @ 1.0375 only to see it rise back up minutes later... thats the beauty of SL; it is meant to be hit....
AUD/USD
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BurgerKing replied Oct 24, 2011Be careful to reenter. EURUSD turned down a 100 pip gain from a peak of 1.3950s forming a double top.. Of course 1.3950 is a big resistance. Now what does that have to do with AUDUSD? AUDUSD and EURUSD are both on the same ride called RISK ...
AUD/USD
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BurgerKing replied Oct 24, 2011Sigh... I moves SL to 1.0375 and it got hit! What I lost last friday, I happily recovered back on today's trade. But we dropped 40 pips from the top! And that could have been my "trade for the month". Now waiting to reenter if it dipped lower - or ...
AUD/USD
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BurgerKing replied Oct 23, 2011Last Friday, we had FED discussing/hinting a possible QE3 and it sent USD down the drain, weakening it against all pairs. Even JPY (not so) enjoyed a rally inspite of "fear of BOJ Intervention" (which we all know WILL NOT HAPPEN). I didnt foresee ...
AUD/USD
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BurgerKing replied Oct 21, 2011I am picking a peak and shorting AUD @ 1.0300; SL 1.0400 (above this week's high) and Initial TP of 1.0180. This will be an over the weekend trade. I am "betting" that the Euro Summit will be a failure to resolve anything sustantial.
AUD/USD
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BurgerKing replied Oct 21, 2011after hours of wait, i just got in! ADD: but the way it spiked up, seems like its probing the top ADD: ATM, 1.02 is stubborn; moved SL to 1.0240 to secure some pips. ADD: Stopped Out +9.6pips
AUD/USD
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BurgerKing replied Oct 21, 2011I just tuned in... Good Day all! I am waiting with a SELL LIMIT @ 1.0250 SL 1.0270 for a soft target of 1.018 then 1.01...
AUD/USD