April 2007 Monthly Archive
Our position was stopped out yesterday. There was no news, it was reported that the move up was on program trading by institutions. It looks like traders are looking to get into the Aussie on any kind of dip and that we probably won't see much of profit taking anytime soon. So… More…
Posted 21:05 25 April 2007 by Happy Pip
Hello Hello! Our trade was triggered during yesterday's morning Euro session as it retraced to 1.1335. We were helped by today's US CPI numbers as they came out pretty much inline, but slightly lower. USD sold off after the event and… More…
Posted 22:20 17 April 2007 by Happy Pip
Hello :) I hope everyone had a wonderfully, long weekend! With metals on a tear on demand from China and traders flocking to gold for inflation protection, going long in AUD/USD looks to be a great play after a retracement. … More…
Posted 21:17 10 April 2007 by Happy Pip
Hello everyone! Looks like it has been a wild ride for our AUD/USD position as we saw the RBA keep rates at 6.25% last night. This sent AUD/USD down to trigger our long orders at .8100. Unfortunately, the sell of on the news triggered a stop out on half of our position, but… More…
Posted 14:15 04 April 2007 by Happy Pip