Ivan's Trade Thread, part II

if I am correct...that is like $5,270.00 USD profit...correct, in one day???great job man!

 

hey guys...what or when would have to happen to "move on" from trading the Eur/Aud?...ever trade the Eur/Jpy?anything else like the Eur/Aud?what time does it move most?...New york time

 

E/J has some pretty wicked moves too. Generally has a decent spread (relatively speaking) FWIW.

 

Yep that's the only thing about Eur/Aud, it's usually >10 pip spread.


Guys I'm out of here and probably be back in January, have a great holiday, trade well, and all the best for 2009!

 

Same to you bro! Enjoy your vacation!

 

Guess you were serious about the vacation!
Have fun!

 

Managed a quick scalp on EUR/AUD

Hourlies broke south, but other factors are weighing.


http://i34.tinypic.com/8x7jpy.jpg[/IMG]

 

EUR/AUD news at 7:30 pm NY time. From what I've read, the RBA is expected to cut at least .5% up to full 100 bp.
What I can't figure, is how or if the move has already been priced into this pair. Perhaps the low on the 28th at 1.9334?
I pulled 30 from this pair today, and will "hide and watch".

 

Shorting some AUD/USD at .6468. Stop at .6491. It still looks a little strong, I'm planning on adding more once it starts to roll over.

 

AUDUSD hit my take-profit at .6340. Probably a good thing since there is news coming out soon