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Quoting stewrigh
I'm still not sure abt this one - already short the Audchf but this is looking attractive - I'm also bearish pound so who knows.



Attachment 1033458
For anyone thats interested I'm in this now.
So slightly better jobs report - QE3 off the table? - stocks rally - I give up!!!
Anyone else interested in the island thing formation developing on EUR/AUD?
Quoting stewrigh
So slightly better jobs report - QE3 off the table? - stocks rally - I give up!!!
lol. This shit is nutty. Every few months I tell myself PA can't get any more crazy... and low and behold... it does.
Quoting Rk33333
Anyone else interested in the island thing formation developing on EUR/AUD?
Which time frame? I'll be looking to add some shorts on the normal Aussie on some weakness here. The folks certainly made it pop today... but as always, it's just going back up to find more supply...
EUR/AUD weekly/daily if it breaks below .2250 ish, weekly looks like it could end up a shooting star. Possibly not the best R:R if it stops at .2050 though.

Aussie weekly looks to me like it wants to go up to .0450, to be honest I'm more interested in shorting it from there.
Quoting Rk33333
EUR/AUD weekly/daily if it breaks below .2250 ish, weekly looks like it could end up a shooting star. Possibly not the best R:R if it stops at .2050 though.

Aussie weekly looks to me like it wants to go up to .0450, to be honest I'm more interested in shorting it from there.
yes looks like in weekly could close as a pinbar /shooting star
thankyou gregwilson
AUD profit taking rallies under way across the board finally.....
Anyone else getting ready to sell?
Hey Stew I'm sure you can barely contain yourself
Quoting mypipbull
AUD profit taking rallies under way across the board finally.....
Anyone else getting ready to sell?
Hey Stew I'm sure you can barely contain yourself
Yeah - I'm not sure atm, I'm currently out of my audchf trade and went short pound aussie yesterday.

I like the pound trade cos of the positive carry but I'm ready to flip again if I get the PA I look for.
I might have jumped the gun a bit but this is why I entered that trade - just wait and see now - Happy to let it run over weekend and see what happens next week.

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Oh and I forgot to mention the divergence on H4 LOL.

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lots of news re CAD and USD in couple hours might be worth watching after dust settles.
I'd say QE3 is now a given out of the States. This is great news - it has worked so well over the last few years......
Quoting clockwork71
I'd say QE3 is now a given out of the States. This is great news - it has worked so well over the last few years......
Yep magic - certainly gave the PM's a boost
Remember this?

If it gets below support I'm in(maybe Mon)

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Quoting stewrigh
Remember this?

If it gets below support I'm in(maybe Mon)

Attachment 1034650

Yeah, I am wondering about this one myself......looks like it is teetering.
Looks like I got my 80.00 on Dixe... I'm going to laugh my ass off if this holds. All that drama last week, just to be reversed again...
Quoting Venice
Looks like I got my 80.00 on Dixe... I'm going to laugh my ass off if this holds. All that drama last week, just to be reversed again...
Wouldn't be surprised really......with the way things have been. If it does hold, it will have to do with the Fed disappointing the markets with less than expected easing....
Quoting clockwork71
Wouldn't be surprised really......with the way things have been. If it does hold, it will have to do with the Fed disappointing the markets with less than expected easing....
Yep. Qe makes oil prices go up due to weakening dollar... gas has shown us time and time again that the economy cant support >greater than 4$a a gallon for very long. Things are not in the same situation and nicely lined up like for qe 1 && 2. I dont know much about fundies but this is how i am rationalizing it right now. Oh well... follow price


Yeah....this is the country that is going to be the next superpower and reserve currency.......

http://www.businessweek.com/articles...pples-iphone-5
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