AUD,NZD/Flows and Orders

AUD/USD eyeing reported stops above 1.0590

No point in getting in the way of the runaway train just yet, especially with reports of stops above 1.0590 and again above 1.0605. The high so far has been 1.0557.

  1. Sean,

    I read abt your trade on eur/aud having got stopped out by 100 pips. Even i got stopped out thrice trying to catch the bottom at day’s lows yesterday. when i sold it rose, when i bought it tanked. forex is a cunning animal and have to live with it but now it is really testing my patience.

    I agree with you aussie is such a sick currency that it should not be touched. I had added gbp to the list of currencies I won’t touch this year. aussie going to that list from today.

  2. donno say that sean. if a pro like you says so what will we say. yes but market is cunning since october i am observing. don’t know who he is making money. most of the hedge funds sitting on big loses

  3. Lucky me – I have been doing VERY well in 2012 and right now too. Touch wood.

    Yet again, I ONLY DAY TRADE AND NEVER LEAVE A POSITION OPEN WHEN I SLEEP OR DOING SOMETHING ELSE (rarely).

    Having said that, this market is just really a roller coaster – but I love it somehow. I trade fundamentals & technicals and my average trading period is few hours and I WORKED REALLY HARD ON MY TECHNICS AND METHODS – days/nights.

    I am reaping the fruits of my work.

    Never had a single months down – never…

    All the best everyone and good luck!

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