i know this is the aud/usd thread just want to show the pain treshold (red dot) on 1 minute scalp thats all as it is big trades for me
http://img39.imagefra.me/img/img39/1...am_6a8a7bc.png
http://img39.imagefra.me/img/img39/1...am_6a8a7bc.png
EUR/USD, AUD/USD, and CAD/USD ready to move up 2 replies
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DislikedWe've only done 192 pips this week so far (low of 0.9111 and high of 0.9303). Average for last 26 weeks has been 279 and weekly average for year is 304 pips.
We've also only done 501 pips for the month. Monthly average for this year is 649 pips. We did 758 pips in October and 607 pips in September. End of month is next Monday.Ignored
DislikedThanks, Patience. Do you also have the average daily range? I used know a site to get that type info but forgot it.Ignored
DislikedNot Alone at all! Long from .9169
First Tp .92800 Longer term is @ around 9320 an area I am looking to as past resistance.
I am new to this thread and fairly new to AUD/USD.Ignored
DislikedGold nearing 1200... and AUD didn't rise accordingly... maybe indeed it's time to prepare those shorts...Ignored
DislikedDo you have MT4? You can whack the ATR (Average True Range) indicator on and adjust the value to what you want e.g. I've whacked ATR 30 on daily chart and it's given me an average value of 137 pips.Ignored
DislikedYes, quite strange. Could it be that the market is already very long AUD and there aren't any new buyers? I haven't looked at COT for ages.........
Shahab - you are a brave man!
Retail traders fighting the trend tooth and nail. One last spike up?
Well done XTrade - at least someone is making money this week!Ignored
DislikedGold nearing 1200... and AUD didn't rise accordingly... maybe indeed it's time to prepare those shorts...Ignored
DislikedGold may pull back after hitting 1188 approx.
Might be a good AUD short..Ignored
DislikedI think a possible retest of 92 might come before the test fight at 94. They don't want people (average Joe's and Jane's) making money too easy. They have to shake them out first.Ignored
DislikedYes, quite strange. Could it be that the market is already very long AUD and there aren't any new buyers? I haven't looked at COT for ages.
Shahab - you are a brave man!
Retail traders fighting the trend tooth and nail. One last spike up?
Well done XTrade - at least someone is making money this week!Ignored
DislikedWell, I still think of an ending diagonal on AUDUSD as I said before, I expect to see a new high around .945-.95 then sharp decline from there,
here are my positions which I hold now,
I have 2 Long Aussie from .9200 (+70 pips) ,SL>B/E
and just recently I went Short on Gold from 1,185 , I think this Gold Mania needs a nice retacement finallyIgnored