42 pips
Not sure at such amounts. Bit tight consolidation between 0.85 and 0.8460. Really slow Monday morning, I am watching paint dry.
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I'm hearing that RBA's hands are tied as far as cutting rates any further is worried. They are low and inflation is not moving. They can't cut any more and if the stocks remain unchanged (i.e. not drop much), Aussie dollar might start creeping up. Just taking it daily.
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Welcome Aboard Mastermind! You're a great and a trader.
Originally Posted by ;
For those of you who are more adventuresome, a USDCAD brief opportunity tight tight stops @ 25 pips. I am not carrying it because market is slow.
Thanks 5abi its appreciated.Originally Posted by ;
Lets create some pips!
ps. Please forgive me if you see my own charts posted with almost nothing but bars on these ....
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I think the USD will dictate where it goes from here. Political scene will also be viewed (i.e. exactly what they say in relation to monetary policy).Originally Posted by ;
I think of myself. I lay in wait for days occasionally for the opportunity. Dollars in your account are similar to your bullets. Do not waste your ammo on targets that are false. Wait for the correct chance and go for the jugular. This sport is all about discipline and patience. Any fool could be in market constantly, and end up losing. Be cautious of over trading my pals.