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- georgemoon replied Mar 1, 2016
yeah i was wanting to short quite agressively from the .7185 area ah well! the daily and monthly are still bearish so looking for a break of this raising wedge pattern we are in.
- georgemoon replied Mar 1, 2016
been waiting for some action and it all happens in the 2 hours I'm away from laptop! looking for entry points
- georgemoon replied Feb 28, 2016
Dano, I struggle to interpret your charts. Can you tell me if I'm reading them right. 1HR- Oscillators look like they are bottoming, close to the 1250 extension. - possible retrace then down because of the the 4HR 4HR- Oscillators look like they ...
- georgemoon replied Feb 28, 2016
The never ending shorting opportunities of the aussie dollar really are an amazing thing
- georgemoon replied Feb 26, 2016
i dont trade large lot sizes, but i do like scaling the lot size depending on the % risked vs the required stoploss. That way if you require a small SL you can scale up in the lot sizes to get a better risk to reward ratio. here is a good position ...
- georgemoon replied Feb 26, 2016
Woke up to find I closed my shorts a tad early last night! ah well really need to get better at letting the winners run! , The weekly pinbar formed up real nice and the bearish englufing on the daily. Im going to be hitting the shorts real hard come ...
- georgemoon replied Feb 24, 2016
hoping this weekly pinbar eventuates. some more mining unwinding and maybe news from china to get the ball rolling.
- georgemoon replied Feb 24, 2016
its really not that complicated. News looked positive traders bought, news turned out to be negative as all the capex forecasts have been dropped = bad for economy. price goes down. Have a look on the chart on page 1 i posted.
- georgemoon replied Feb 24, 2016
shows the reason why we saw aud drop.
- georgemoon replied Feb 24, 2016
I was short going into the news but quite suprised by the outcome. Maybe the price movement is due to the future outlook rather than the figures posted today, capex results have been declining for quite awhile now.
- georgemoon replied Feb 11, 2016
-edited- posted abit late
- georgemoon replied Feb 3, 2016
50MA, 100MA, 61.8% fib level. 2 longterm TL's, touching bottom of previous wedge pattern. could be a good place for a short? we shall see. tight SL.
- georgemoon replied Feb 3, 2016
I definitely thought we would see .6980 before a retrace. wasnt expecting that 50 pip bull run lost all my profits!
- georgemoon replied Jan 20, 2016
closed my scalp @.6920 Waiting to see if the pair wants to push higher.
- georgemoon replied Jan 20, 2016
I dont run a stop loss with my AUD shorts at the moment. Sometimes I will close before taking a full bar loss or just hold as the trend is quite clearly down. Normally I would just place my stop just above the pinbar. edit:- bulls but up a good ...
- georgemoon replied Jan 20, 2016
taking a small short on the formation of this pinbar.
- georgemoon replied Jan 20, 2016
left my long overnight and im suprised it hit my TP after more mining/commodity carnage. I'm thinking we might see a substantial rally if we get a decent dead cat bounce from other sectors. Waiting for more PA till any futhur trades.
- georgemoon replied Jan 20, 2016
i do not like trading against the trend and im longterm bear for audusd, but might take a small long on the completion of the 4HR pinbar.
- georgemoon replied Jan 20, 2016
still holding shorts from .6900. expecting .6840 before i close them. No trading through the news tonight. Hard for the pair to push up at the moment with all the mining / china carnage.
- georgemoon replied Jan 19, 2016
you are correct. a typo. I do have aud shorts open constantly, so technically always re-adding