- Search Forex Factory
- Hookem28 replied Aug 30, 2012
DB, Have you been building long positions or are you on the sideline? It's been quite a run down, and there doesn't seem to be much support for another 50 pips. And it dropped 800 pips in May without a retracement.
Aussie Trading Room and Cartoons Gallery
- Hookem28 replied Aug 29, 2012
I'd be happy to. I'll shoot you an IM later.
Aussie Trading Room and Cartoons Gallery
- Hookem28 replied Aug 29, 2012
It's bumping up against the .618 (1.0340) at the moment. Wouldn't expect it to break it until after the announcement, but who knows.
Aussie Trading Room and Cartoons Gallery
- Hookem28 replied Aug 29, 2012
If you're are like I was, then this will fall on deaf ears, but maybe if others back me it might have an effect.... The thoughts you shared on this board suggest that you are not mentally prepared to trade real money. You seem to be under financial ...
Aussie Trading Room and Cartoons Gallery
- Hookem28 replied Aug 29, 2012
Someone has definitely drawn a line in the sand at 1.0377. If they give up, it could pop still.
Aussie Trading Room and Cartoons Gallery
- Hookem28 replied Aug 29, 2012
Thanks. Some big position trades today, for sure.
Aussie Trading Room and Cartoons Gallery
- Hookem28 replied Aug 29, 2012
Bought more at 1.0375. Nice pullback with a double bottom. Several levels of support (double bottom and .618 fib. Stop below those levels.
Aussie Trading Room and Cartoons Gallery
- Hookem28 replied Aug 29, 2012
Closed out my short trade at 1.0364 and took a long position. Positioned for an upside breakout. Hopefully, the GDP numbers will give it a pop in 30.
Aussie Trading Room and Cartoons Gallery
- Hookem28 replied Aug 28, 2012
Today? Haven't seen any good shorts today. Looks to be slowly rising to 1.04. Been short since last week overall though.
Aussie Trading Room and Cartoons Gallery
- Hookem28 replied Aug 28, 2012
This has been a pretty feeble rally considering how weak the dollar has been today. Definitely think the Aussie dollar is the weakest currency in the intermediate term, and am patiently waiting for more shorting opportunities.
Aussie Trading Room and Cartoons Gallery
- Hookem28 replied Aug 27, 2012
Interesting charts ForexGames. I'm not an Elliott Waver...so maybe you can help me with this... Why do you consider the first 255 pip correction Wave 2, but don't consider the 228 pip correction a wave or the 270 pip correction after that?
AUD/USD
- Hookem28 replied Aug 24, 2012
It hasn't made it through the trendline support yet (going back to June 15). Also, the recent market rhythm suggests it will rally at some point.
Aussie Trading Room and Cartoons Gallery
- Hookem28 replied Aug 23, 2012
Entered the other half of my position at 1.0473.
Aussie Trading Room and Cartoons Gallery
- Hookem28 replied Aug 23, 2012
That's why I only placed a half position. Only scale in when there is a good probability of a quick snap-back. I'm prepared to ride it out if it drops further.
Aussie Trading Room and Cartoons Gallery
- Hookem28 replied Aug 23, 2012
Buy 1.0463. Reason: .618 Fib This is only half a position. Will scale in the other half when it shows reversal.
Aussie Trading Room and Cartoons Gallery
- Hookem28 replied Aug 22, 2012
So the Fed basically says the same dam thing they always say, and everybody interprets that as if QE3 is on its way.
Aussie Trading Room and Cartoons Gallery
- Hookem28 replied Aug 22, 2012
That'll do. Looks like the bear didn't follow the sign though. lol
Aussie Trading Room and Cartoons Gallery
- Hookem28 replied Aug 22, 2012
Down she goes. Time for a DB cartoon.
Aussie Trading Room and Cartoons Gallery