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  • #30,641
  • May 23, 2013 4:17am May 23, 2013 4:17am
Bears have failed to hold down 96659. Hope it bursts through it...
  • #30,642
  • May 23, 2013 4:21am May 23, 2013 4:21am
Go Aussie go...
  • #30,643
  • May 23, 2013 4:21am May 23, 2013 4:21am
Quoting Arman_A
Bears have failed to hold down 96659. Hope it bursts through it...
as DB always said,
postman always ring twice..
  • #30,644
  • May 23, 2013 4:35am May 23, 2013 4:35am
bad PMI number from china didnt cause too much damage to AUD..
i guess people were expecting another drop to 95, new bears enter the market today...
thus we see a sharp increase in shorts position..

will USA unemployment claim data save them?
Maybe..

but institution are not giving a damn today.. or ever...
  • #30,645
  • May 23, 2013 4:43am May 23, 2013 4:43am
Quoting HelloOz
bad PMI number from china didnt cause too much damage to AUD..i guess people were expecting another drop to 95, new bears enter the market today...thus we see a sharp increase in shorts position.. will USA unemployment claim data save them?Maybe.. but institution are not giving a damn today.. or ever...
Even if the employment numbers come in as good, I think (for now) we have reached the bottom we shouldnt get a selling frenzy.
Slightly overbought now.
  • #30,646
  • May 23, 2013 4:49am May 23, 2013 4:49am
Quoting Arman_A
{quote} Even if the employment numbers come in as good, I think (for now) we have reached the bottom we shouldnt get a selling frenzy.Slightly overbought now.
if number is good.. maybe we get a chance to re-test bottom..

make a solid foundation before taking off..

Sorry for sounding to optimistic.. i want my money back LOL
  • #30,647
  • May 23, 2013 4:57am May 23, 2013 4:57am
Quoting HelloOz
{quote} if number is good.. maybe we get a chance to re-test bottom.. make a solid foundation before taking off.. Sorry for sounding to optimistic.. i want my money back LOL
I want my money back + PROFIT. Compensation for the stress this week has caused me!
  • #30,648
  • May 23, 2013 5:01am May 23, 2013 5:01am
Quoting Arman_A
{quote} I want my money back + PROFIT. Compensation for the stress this week has caused me!
swap will be the profit..
dont ask for more after what we have been thru..
  • #30,649
  • May 23, 2013 5:05am May 23, 2013 5:05am
Quoting Arman_A
{quote} Even if the employment numbers come in as good, I think (for now) we have reached the bottom we shouldnt get a selling frenzy.Slightly overbought now.
Hedged 1/10 of my longs at 0.9685, SL 0.975... As a small little insurance.. in case it U-turns later..
  • #30,650
  • May 23, 2013 5:06am May 23, 2013 5:06am
Daily looks so good! I pray for confirmation!
  • #30,651
  • May 23, 2013 5:09am May 23, 2013 5:09am
Quoting HelloOz
and guess what,position ratio is now39% long61% short.. seems to me its a classic buy (USD) on rumour and sell on facts..
now is 64 short 36 long..
  • #30,652
  • May 23, 2013 5:13am May 23, 2013 5:13am
Quoting HelloOz
{quote} now is 64 short 36 long..
hmmmm....
  • #30,653
  • May 23, 2013 5:17am May 23, 2013 5:17am
0.9685, I am shorting from here. TP 0.960 SL 0.975
  • #30,654
  • May 23, 2013 5:21am May 23, 2013 5:21am
Quoting slk
0.9685, I am shorting from here. TP 0.960 SL 0.975
I wouldnt do that if i were you...
  • #30,655
  • May 23, 2013 5:22am May 23, 2013 5:22am
Quoting Arman_A
{quote} I wouldnt do that if i were you...
Let the market decide, not in my hands anymore.
  • #30,656
  • May 23, 2013 5:25am May 23, 2013 5:25am
got 6.7% profit today on EJ. just followed my system and got back my faith
I missed the 100pips dropdown as my s/l stopped me before the run down, but still happy. I'd rather to loose in wise way than win in silly way

green pips guys
On my way to financial independence - if others can do it - I can do it
  • #30,657
  • May 23, 2013 5:32am May 23, 2013 5:32am
ooOoOooOOoOoOOoOOOo!!!! Daily candle! IM TRYING NOT TO GET TOO HOPEFUL!
  • #30,658
  • May 23, 2013 5:39am May 23, 2013 5:39am
Quoting guppies
{quote} My margin level is currently left with 50%.. My long position with the smallest loss is at -3.8K @ 0.5.. I'm not sure if closing it will have much effect..

Always watch the direction of daily charts if you are thinking of hanging on, because the Daily can go forever, Most traders get wrapped up in the smaller time frames, trade goes against them, and think it's going to come back for them, like it can, and then the Daily takes them far , far , away............
The More You Learn, The More You Earn.....
  • #30,659
  • May 23, 2013 5:40am May 23, 2013 5:40am
Quoting Arman_A
ooOoOooOOoOoOOoOOOo!!!! Daily candle! IM TRYING NOT TO GET TOO HOPEFUL!
Yes! Keep it going up... 0.97 is reached... I am happier although I still have my "insurance" short at 0.9685..
  • #30,660
  • May 23, 2013 5:46am May 23, 2013 5:46am
Quoting Arman_A
Daily looks so good! I pray for confirmation!

Daily is still short for now, H4 can bounce and fail and continue the trend down.

I posted this Feb 5th 2013.............It's a monthly chart showing the AUD was ready to come down..........
Attached Image (click to enlarge)
Click to Enlarge Name: a chart update.JPG Size: 131 KB
The More You Learn, The More You Earn.....
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