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  • #284,481
  • Aug 22, 2010 11:28am Aug 22, 2010 11:28am
do some aussies still have POM stamped on them ? lol
and is it true you eat Kangaroos ..lol

do not worry Americans think Canadians still live in iglooos and have no electricity !!

I am from UK but now live in canada , hung parliament sounds much like it did for UK recently , then 2 parties teamed up , got rid of Labour and this has been pretty +ve for gbp , maybe same kind of thing may happen for aud ? any talk of 2 parties hooking up for a majority government ?

Quoting Buai
Im an Ozi...and Im laffing my head off here. The irony!

I think we are all aware that the aboriginal people of Oz have a fair bit of rich history. Perhaps not quite as much as Iraq...but the rest of us ozzies are a zillion years behind the rest of the world.
As a long term traveller, I have seen this first hand.
We (ozzies generally) tend to live 'down under'...a rock!
You just have to watch the (mostly sleeping) rednecks in Parliament slinging shit at each other non stop. Hilarius...like school kids. Actually quite sad, we pay for that waste.
As...
Blogging daily now at www.volume.zone
  • #284,482
  • Aug 22, 2010 11:37am Aug 22, 2010 11:37am
Quoting fontu
Hope doing well all . Though may not trade well next also for my local trouble yet checking to be updated atleast .

There seems lots of changes last week , pa tried to shortcut & success breaking the first hand confirmation resume downtrend /change medium term uptrend by 1.2720 break in eu , next 2610 & finally 2451 still there though and before that 1.2869 & 2938 ( 200ma h1&H4tf ) still chances to test before down if .

fontu
I am seeing a strong down trend in eu, first 1.2516 second is 1.2378 third is 1.2100 and fourth point is 1.1804. Price will decide where it will go.
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  • #284,483
  • Edited 1:11pm Aug 22, 2010 12:46pm | Edited 1:11pm
Quoting aspirin1975
I am seeing a strong down trend in eu, first 1.2516 second is 1.2378 third is 1.2100 and fourth point is 1.1804. Price will decide where it will go.
Ok ,thanks agree for short term at least till final confirmation go straight down .

short term may test tl at 1.2767/1.2814 or even more mentioned before 1.2869 & 2938 ( will short at all those levels if get time to do so ) providing it continue down to the bottom trading range daily tf and at the same time final confirmation trend change breaking at 2451. Majore sr 4/8 MM daily should not that easy to break & already unsucessfull trying once .
fontu
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #284,484
  • Aug 22, 2010 1:01pm Aug 22, 2010 1:01pm
I'm gonna be short scalping Aussie equities tonight. Fun!
  • #284,485
  • Aug 22, 2010 1:06pm Aug 22, 2010 1:06pm
Quoting Masrim
I'm gonna be short scalping Aussie equities tonight. Fun!
why Aussie equities ? they are the best performer
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #284,486
  • Aug 22, 2010 1:06pm Aug 22, 2010 1:06pm
I'm gonna short this pair like a mofo this week. Breakout limit order followed by stacking on the momentum. Then just hold it for days or even weeks. Big bucks.....maybe.
  • #284,487
  • Aug 22, 2010 1:13pm Aug 22, 2010 1:13pm
Quoting pip_daddy
I'm gonna short this pair like a mofo this week. Breakout limit order followed by stacking on the momentum. Then just hold it for days or even weeks. Big bucks.....maybe.
http://www.forexfactory.com/showpost...stcount=284506

so you're not buying on the retrace?
  • #284,488
  • Aug 22, 2010 1:15pm Aug 22, 2010 1:15pm
Quoting DMA Trader
why Aussie equities ? they are the best performer
They should be the source of weakness today.
  • #284,489
  • Aug 22, 2010 1:16pm Aug 22, 2010 1:16pm
Quoting Masrim
They should be the source of weakness today.
why ?
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #284,490
  • Aug 22, 2010 1:17pm Aug 22, 2010 1:17pm
Fair amount of data this week. Also a fair amount of bearishness about. Looks like an interesting week ahead.
Look Sharp/Trade Tight
  • #284,491
  • Aug 22, 2010 1:17pm Aug 22, 2010 1:17pm
Quoting DMA Trader
why ?
Election story.
  • #284,492
  • Aug 22, 2010 1:21pm Aug 22, 2010 1:21pm
Quoting Masrim
Election story.
you mean hung parliament ?
It's already on CNBC. AUD sell-off coming ))
Well that' why we don't care about that stuff.
We use charts.

GBP was 1000 pips below current level after "hung parliament" begin work
you know everybody knows this news.
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #284,493
  • Aug 22, 2010 1:29pm Aug 22, 2010 1:29pm
Just a heads up, there is talk of a large (AUD 12bn) merger in the works between SAB Miller and Fosters...
Look Sharp/Trade Tight
  • #284,494
  • Edited 1:48pm Aug 22, 2010 1:37pm | Edited 1:48pm
Quoting mfoste1
http://www.forexfactory.com/showpost...stcount=284506

so you're not buying on the retrace?
What does a/u pair have to do with it? Epic fail on the attempted ambush but it's the effort that counts....I guess!
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  • #284,495
  • Aug 22, 2010 1:47pm Aug 22, 2010 1:47pm
Quoting pip_daddy
What does a/u pair have to do with it? Epic fail on the attempted ambush but it's the effort that counts....I guess!

epic fail? ambush? what?

au and eu are risk correlated........
  • #284,496
  • Aug 22, 2010 1:51pm Aug 22, 2010 1:51pm
Quoting mfoste1
epic fail? ambush? what?

au and eu are risk correlated........

Then jump all in. Go for it. You know your right. It can't lose. Do it!
Attached Image
  • #284,497
  • Aug 22, 2010 1:52pm Aug 22, 2010 1:52pm
Quoting pip_daddy
Then jump all in with 10% of your capital. That is what a real man would do.

what the hell are you talking about? reference your post to something so I know.....
  • #284,498
  • Aug 22, 2010 1:54pm Aug 22, 2010 1:54pm
Quoting mfoste1
what the hell are you talking about? reference your post to something so I know.....
Ha.....just the mere fact you would look up previous posts to try ambush me is hilarious. I'm done with you!
  • #284,499
  • Aug 22, 2010 1:57pm Aug 22, 2010 1:57pm
Quoting pip_daddy
Ha.....just the mere fact you would look up previous posts to try ambush me is hilarious. I'm done with you!

i wasnt trying to "ambush" you as you so eloquently put it....i was trying to help you by pointing something out.....
  • #284,500
  • Aug 22, 2010 2:02pm Aug 22, 2010 2:02pm
Quoting mfoste1
http://www.forexfactory.com/showpost...stcount=284506

so you're not buying on the retrace?
The s/r areas of eu right now are 1.2730 / 1.2820 / 1.2660 ( major one on daily )

1.2660 breaks then we see 1.2500 . This could happen in a session as current 21day ave range eu is 160 pip

wave 3 is setting up on many things
eu
dx
dxd
ING (stock)
dj
es

to many charts all look the same for wave 3 downwards to not happen

es 1050 maybe lower
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