careful.. 1st Nov 1130am (GMT+8) RBA rate cut highly expected. 25bps

weird thing AU rallying the past week... possibly due to dollar weakness

This post has been edited by nemoexcel: Oct 31 2011, 12:16 AM

BOJ intervening!!

u can say that again!! thought Azumi talk never do!!

unload... unload.... unloading....

BOJ whacked every dollar in the market.... Bangkok flooded with water... market flooded with Yen !! .... straight line now

IMO, wld refrain from shorting AU.. once stucked, the rollover wld kill ya... unless u dont intend to carry over and chop it B4 5am..

range trading is good for scalping.. love it...especially with current AU at 40-50pips range... with potential upside is the best ... go long with M15 TF & BB as guide

yeap... wasnt it a great range trade day! closed all as well ... not worth risking over NFP

good luck everybody..... dnt be too greedy

I think fxplayboy is serious too... what do u expect to trade with 1:1 leverage & $1 deposit??? You call that real moni? Thats no better than trading demo bro.... when u quote leverage 1:1 & $1, i believe u have not even trade demo yet... take the forex vow... demo at least 6 months... do youself that favour

good 1 bro... hope u managed to grab some 40-50 pips.... am going long now... short term on M15

seems like ranging below pivot level, closed earlier long... on 2nd long now ...range scalping .. $$ in pocket is better than position at risk

strong support @ 1.03. Going long... tp 1.03750 sl 1.02400

ya man! tell me about it... gonna take a break & continue tonight

lifted my SL on AU... expecting a reversal

what a nice rebound! Too bad i was on AU, lagging behind EU... well, at least some 30pips myself

good trade guys.... hope will grab more pips tonight.... good luck!

This post has been edited by nemoexcel: Nov 7 2011, 07:41 PM

sudden spike on XU... a few ounces on +ve territory now.. Citi's research targetted XU @ 2500 in 1 year time... and 3400 for longer term... hmmm... i wonder

that was 1st half of the day....... but towards evening, the pips came in... pocketted 270pips for yday. Today baru 102pips.. but EU's rally tonight gonna bring me more later

pok, how was yr day?

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Added on November 8, 2011, 11:06 pmEU's immediate resistance @ 1.38700 based on 240TF ... eyeing for opportunity

This post has been edited by nemoexcel: Nov 8 2011, 11:06 PM

that, my boy, is also called Rollover or Tom/Next ... interest paid/earned for your carry trades

why didnt u ask when it was +ve?

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Added on November 9, 2011, 1:35 amXU broke psycological 1800 .. aim for 2000 !! hmmm... 2020 sounds good too

This post has been edited by nemoexcel: Nov 9 2011, 01:35 AM

AU strong S3 @ 1.02 ... going long full force!

its when u carry the trade over, depending on yr broker on the cut off time, interest is then paid or earned on your position. In yr case, since u long on EURAUD, which literraly means u buy Euro & sold Aussie. AUD attracts higher interest than Euro. Therefore u pay the difference.

check with yr broker.. coz there are days, the rollover are 3x, 4x, or even 5x of the normal rate. Its to compensate on weekends or bank holidays of the currency pair in play. This is 1 of the reason certain pairing (esp AUD & NZD) will suddenly move upwards on certain days.

this is mine... note the wednesdays
FXCM's rollover

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Added on November 9, 2011, 10:52 pmoops... AU's S3 broken....

This post has been edited by nemoexcel: Nov 9 2011, 10:52 PM

2nd chance to long AU & GU ... enter in dips. TP @ Pivot

will stay away from EU for now... not comfortable trading EU with the PIGS causing trouble

good catch!

This post has been edited by nemoexcel: Nov 10 2011, 11:42 PM