Aussie dollar- now on sale!!

do you knwo why we are trading here?

You lucky so and so!!!

Good luck to you Mr B

heres the trading plan.Im in 10 @ 90.74 , it closed 91.50.
When it opens on monday go in for another 5.If it keeps going up another 5.That will make 20 contracts.I want to get those 10 under 92. Then if it moves further thru the 92's I will get another 5.Hits 92.5 then another 5.That will make 30.It runs to 93 cents 10 more then sell near 93.5 the whole 40 contracts.
Impossible to know the average now but im estimating say average 92 cents.Cash in at 93.5 for 6000 pips which is around 65,000$ profit.
Thats my plan.
No doubt the neg heads will s** but I'm making the statement BEFORE it happens.Eat me.

update- bought this morning 5 contracts at 91.14 then another 5 at 91.21.Now long 20 at average 90.96.Waiting for it to go higher before buying more.

What month contracts are you buying on what exchange ?.
What are the initial deposit requirements ?.
I'm not interested in doing what you'e doing, that is simply shorting the US Dollar, but others might be.
Tell them how you are doing all this trading. It might assist them.

botty why dont you tell us how you do your trading? Since you seem to know so much about it but are yet to recommend a single trade.

I'm not on here encouraging people to follow my trades, as you seem to be doing, that's why.

Interesting though that you have seemed to have gone all modest at my suggestion that you give out specific details of how you are trading the AUD.
Why is that may I ask ?
After all you're giving us detailed pricing and timing entry points.
Why withhold anything else of import or relevance.?

this is'nt a schoolroom botty, you gotta do some of your own work here.No spoonfeeding available.It doesnt matter what I do you are knocking me about it.
As I stated before you are a total negative head, my guess is you are 2 afraid to trade and 2 lazy to do the spade work.Just blame it on the dark forces.
Meanwhile there are some real traders here taking real trades making real money.

aussie hits 91.96. Up 100 pips x 20 contracts=2000pips @ 10.90 a pip=21,800$ aud for trade so far.Waiting till it goes over 92 to buy another 5 contracts.

Don't be so precious Mrben.
I'm neither negative about nor knocking what you claim to be doing.
I'm just saying you should complete the picture you are drawing.
Not for me necessarily but maybe for some other more interested and smitten observers.
That's all. No more no less.

Btw I've already told you that I am long the AUD in hard real estate assets.
That's enough exposure for me. I'm well ahead on the AUD/GBP cross rate and I have no desire to increase my position, which I too accidentally lucked into, just like you did ( initially at least ).
So don't you worry your little head about me.
Concentrate on your own endeavours.

aussie crosses 92. bought 5 at 92.06 and 5 at 92.21.Now long 30 contracts.current price 92.44.

I can't stand it, its too much profit to pass up for 1/2 days trade.Im out at 92.72 all 30 contracts.Profit just shy of 43,000 aud.

wd mrben

thanks clouded, hope you got on for some too.The AUD continues to be the greatest certainty of the current market.

don't play with currencies anymore mrben although spent 11 years trading them in the city.
gbp/dem and cable were my main focus back in those days although i did tinker with the aud,cad and nzd.

still be looking to buy dips on the aud ?

interesting clouded.I will be buying the next dip again.Markets are being pushed up hard into options expiry so I'm predicting there will be a few down days sooner rather than later.Hoping the AUD can be pushed back into the 90's where I will get on again.I'm not prepared to short the AUD however.Content to let it slide if it does.
Im getting more comfortable with bigger positions as capital has taken a parabolic move skywards.lolol.30 contracts was my biggest ever posi and now my goal is 40 contracts.
As a btw the euro looks overvalued in comparision to the aussie.euro currently 149.51.Looks a nice short to go below 149.

just had to short the euro. went short 10 contracts 149.51.Currently 149.28.Looking for it to fall below 149.If so it is about 12$ a pip x51 pips x 10 cts=6100$ profit.Just bounced 6 pips as Im writing this.If back over 149.42 Ill bail

trade closed at 148.99 shortly after the last post.Happy days work.