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Australia, Sydney

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May 18

How will you play this?

GivaDogaBone Posted 18 Dec. in #Trader's blog

I will play this for a long position!!!
BUY 2.000M EUR/AUD @ 1.53998, SL 1.52948 (105 pips),TP 1.55048 (105 pips)
Analysis details:
- Long term charts (weekly, daily and four hours) are indicating strong uptrend.
- Since last week, broad based AUD weakness continues to observed across the board.
- Australia treasurer Joe Hockey said Australia has challenges ahead and faces a growth hole as mining investment drops,
goverment GDP forecasts will not be achieved and that GDP growth is not strong…

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Ho will you play this?

GivaDogaBone Posted 4 Dec. in #Trader's blog

My play is for a long position!!!
Order : BUY 1.000M GBP/AUD @ 1.80457, SL 1.79190 (127 pips),TP 1.83729 (327 pips)
Analysis details:
- Weekly chart, Daily chart and Four hour chart are indicating strong uptrend.
- GBP/AUD trades in close proximity to it's 200 DMA line of 1.5269.
- Market Profile's Naked POC showed up 3 days ago and never been breached by previous Point of Control.
- GBP/AUD trades at it's highest level since July 2010.
- Market talk of hedge fund buying in G…

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Big mistake

GivaDogaBone Posted 3 Dec.

Learned my lesson today not to be too aggressive and respect margin. I was too eager to put positions without accepting that I can have a margin call.
Earnings for the last two days was wiped out in just seconds!!!

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