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Old 01-28-2008, 07:01 PM
 

Join Date: Jan 2008
Posts: 6
Question what do you think

Hi all

I am new to forex and have opened a account with Oanda and a broker whom I am friends with has my power of attorney and is making my trade. His background is he has a degree in economics. So far he has made me a 26% return using AUD/USD. Shorting mostly and using lots of 10,000.

However now we have opened a short 100,000 position and are down 120 or so pips. I was loving it when we were making moola but I am getting excited by the amount we are in the red. He swears its going to fall and we stand to make a killing. He says he is keeping his emotions out of it. Its driving me nuts.

Anyways any of you experts have idea's on how AUD/USD is going to do in the short term?

My greed is getting the better of me.

Thanks
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