AUD trading oppty

Quote from RCG Trader:

I have a process for taking losses, but it does not involve a hard stop.
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Quote from RCG Trader:
11-21-12 10:53 AM
... blew his journal up.

Lucrum never had the balls to start one....
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W H E R E - I S - Y O U R - J O U R N A L - RCG ?



Or has yet again your ego driven mouth written a check your slow intellect and factual personal history simply cannot cash?
 
well, it hit that controversial 525

half the world thinks this where to go short

the other half is looking for an upside breakout to 700 or above
 
I'm perfectly willing to buy it all the way down to parity, which at the moment seems like where it wants to go. But I think we need to see 1.0800 to get everything cleared out.

So isn't that comforting? Trading on something I think? I think a lot of things, and usually 90% of them are wrong.

If you look at the whole thing, no matter how much they say aud needs to go down against usd

you gotta be a cautiuos conservative buyer here

just make sure you have plenty of money to fund this trade. because you are looking at 2 or 300 pips against you
 
that long aud usd is saving my ass

almost everything else I got on is moving against me

just shows to go ya

don't listen to what they say

I really think it wants to go to 800

but be positioned so you can ride it all the way down to parity
 
ah man, that was nice
had a limit in to buy some aud.usd at 1.03865 (and I was first in line)
got filled and even got some positive slippage, 1.03864
but you know how forex is, it can turn on a dime (usually my dime)
but if you look at the chart, it looks like God whispered in my ear to buy
that's the only trade I've made tonight
 
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