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- Area51 replied May 19, 2011
Teaser — 1. Australian RBA (Reserve Bank Australia) about to raise official interest rates again (Currently 4.75%) whilst the US print money and have a zero interest rate. Makes for a great carry trade! 2. Australian economy is largely ...
- Area51 replied Jun 15, 2010
And I don't trust any of them. A51
- Area51 replied Jun 15, 2010
1.23500 Yes this is a possibility. Nice chart. A51
- Area51 replied Jun 15, 2010
] Point is this my Friend. Take your trade. Set your stop and if you are correct then fine. If you are wrong then so be it. With good MM you will be fine. You cannot win them all. A51
- Area51 replied Jun 15, 2010
Question now is. 1. Is this a bull trap? 2. Was it a bear trap? 3. Is the rise fake and the big boys are sucking traders in to short from higher. 4. Is the market making one last stand (Like Custer) before the Ugly drop South. 5. Is the Ugly move ...
- Area51 replied Jun 15, 2010
My entry order has hit. I'm now short. You are correct it is a strong area but I think it is about to be severly tested. Plenty of news about. If not I have already secured enough pips to cover my stops and a small loss to know if I am correct. If I ...
- Area51 replied Jun 15, 2010
Hey Masoud. have taken two on the EURUSD and am now out. Have a pending entry order for 1.22 EURUSD to short. Waiting for the fish to arrive. A51
- Area51 replied Jun 15, 2010
Market Skittish atm. Have taken two trades (Short) with total of 60 pips. Think it is on its way South South South. But who knows. lol. As long as I'm stealing pips I don't care. A51
- Area51 replied Jun 15, 2010
Hey Masoud. Graeat news on your trading. Keep up the practice. As for the Aussie side loss. Yes I stayed up and watched it at 4am in the morning. They deserved to lose playing the way they did. But then Germany is a soccer super power so it was not ...
- Area51 replied Jun 15, 2010
Hey Masoud. KK. Who is extinct? No way Koalas. Hey I hope your all on the bus South. Nice pinbar on the daily for a ride down. The bad news has also given it a kick along. Be back later (Unless an interesting WC match is on. LOL) A51
- Area51 replied Jun 8, 2010
Good night Koalas. Trade safe. A51
- Area51 replied Jun 8, 2010
And I'll be riding it. A51
- Area51 replied Jun 8, 2010
Yes. Seems to have currently hit some traffic. But I think my target is still possible. We will see. A51
- Area51 replied Jun 8, 2010
Yes I agree. Also take a look at the EURJPY. Seems to be failing to rise back above 110 support and resistance. may be ready for next leg down? I will be watching. A51
- Area51 replied Jun 8, 2010
The Kk has a way with words. A51
- Area51 replied Jun 8, 2010
Looking for the breakout? A51
- Area51 replied Jun 8, 2010
Harvesting those pips. A51
- Area51 replied Jun 8, 2010
How is that for close. A51
- Area51 replied Jun 8, 2010
Lots of ranging going on. Might give it a miss and try tomorrow. My short USDCAD trade is still in play. Currently + 47 pips. But was - 95 pips last night. Missed my stop by around 5 pips. Letting it run. Still think it has legs but I am ...
- Area51 replied Jun 8, 2010
Very good Masoud. Are you flat? A51