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AUDJPY Video Review

Discussion in 'Giant #2' started by Giant #2, Dec 8, 2010.

  1. Giant #2

    Giant #2 Former Special Consultant to the FPA

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    Hello Traders

    We have posted a video today in connection with previous threads.

    http://images.forexpeacearmy.com/giant_2/fxp-12-08-10.flv

    If China raises interest rates this weekend, it could put pressure on AUD crosses.

    Please review the previous threads. Although dated, each thread will contain teaching points that may be relevant to the current scenario. It will be important that you follow the flow of information to get a feel for what we are doing.
    As the market warrants, we may change our view very quickly... and we will, from time to time.
    I hope this information helps you develop as traders. Do not seek a holy grail. Put yourself through a process of development and do not take short cuts.
    G2
     
    #1 Giant #2, Dec 8, 2010
    Lasted edited by : Aug 15, 2015
  2. osasyankee

    osasyankee Private, 1st Class

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    Thanks bro.... Took partly 80pips from yesterday's post. Still holding some lots but with a trailing stop.

    Thanks G2.
     
  3. Vegas

    Vegas Private, 1st Class

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    Give a man a fishing rod.....

    Thanks for the fishing rod G2....I've had enough of being thrown fish. :)
     
  4. shyamu

    shyamu Recruit

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    Thanks G2 for your info on the aud/jpy for the coming months, much appreciated.
     
    #4 shyamu, Dec 9, 2010
    Lasted edited by : Dec 9, 2010
  5. marujo

    marujo Recruit

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    thanks G2 for good work and analysis.
     
  6. Chrissy

    Chrissy Recruit

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    How to find this again

    Hi Giant#2, Thank you for this post and others. What is the best way to find your posts whenever I log on to Forex Peace Army? I finally found it again, but took me a while, thanks!
    Chrissy
     
  7. Giant #2

    Giant #2 Former Special Consultant to the FPA

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    I believe you go into your user control panel and subscribe or just scroll to the bottom of this page and subscribe. g2
     
  8. Beijing

    Beijing Recruit

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    G2, you are da man!

    People's Bank of China did raise the bank reserve rate, not interest rate though, but still, you are da man.
     
    #8 Beijing, Dec 13, 2010
    Lasted edited by : Aug 15, 2015
  9. Giant #2

    Giant #2 Former Special Consultant to the FPA

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    PBoC is prudent in raising the reserve ratio so new wealth and speculation does not cause banks undue exposure. This too, can ease demand from on Australia, but the adjustments are minimal and are currently priced in. AUD will remain tied to demand from China and equities.

    g2
    You don't know what you don't know. What you don't know is profit to you, but more importantly, what you don't know is risk to you.
     
  10. Chrissy

    Chrissy Recruit

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    Thank you G2.

    I opened a long AUD/JPY this morning at 83.200.........I just don't know whether to close it or see how high it will go. I've made this mistake before - move stop to buy price, then wake up the next day and I'm out at zero.

    Thanks for any info on a T/P level.

    Chrissy
     

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