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I'm thinking a solid long term buy for GBP/JPY would be around 130.00 or so.Ignored
It works till it doesn't
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I'm thinking a solid long term buy for GBP/JPY would be around 130.00 or so.Ignored
DislikedHi 4rextrader,
I probably shouldn't have mentioned a time frame the way I did.
First of all I would look at the Weekly chart and see that 80.50 served as solid resistance for quite some time, now that we are above that it should serve as a pretty solid support and I don't expect USD/JPY to break this level.
Next, I look at my 20 EMA and 50 EMA on the Daily time frame and noticed that it has gone pretty far away (too fast) from the 50 EMA and should find its way back to it, or at least pretty close to it. Now, I notice that the 50 EMA will...Ignored
DislikedWillow,
Not trying to be rude but why would I trust your words as you sound extremely worried about buying the Aussie but provide no type of technical or fundamental analysis to back your claim? Furthermore, you say technicals don't work with the Aussie...says who?
AUD/USD the most dangerous pair? I would have to beg to differ on this statement. You also did not explain why 3-5 weeks the Aussie will drop over 1000 pips...
All the best Willow.Ignored
Dislikedi;m not worried, one gets worried when loosing pips, but i did'n even opened a position.
there is one indicator which indicates that this can start a horrible downtrend, up to .92-94.
it can also go up equaly; very dangerous.Ignored
Dislikedi cant't, i don't have time.
it's not a tragedy, just tight SL and sleep less, if you're long here.
i may have caught the AUD on the wrong foot as a short in AUD/CHF, meanwhile
if you watch that pair, you can see the danger of being long here, easier.
CHF will beat the AUD , probably..., in the coming days/weeks...
don't believe me; AUD is evil !Ignored
Dislikedi cant't, i don't have time.
it's not a tragedy, just tight SL and sleep less, if you're long here.
i may have caught the AUD on the wrong foot as a short in AUD/CHF, meanwhile
if you watch that pair, you can see the danger of being long here, easier.
CHF will beat the AUD , probably..., in the coming days/weeks...
don't believe me; AUD is evil !Ignored
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Falling Over the Fiscal Cliff
The trade-off, Mr. Bowles said, would be limits or curbs in tax deductions, which GOP leaders have expressed openness to.