DislikedI do not understand the chart. is it aud/usd chart? btw i took long at 1.0561. still at loss. ahaha.Ignored
Right now.. u shouldn't buy AU unless ur good in scalping on both ways.
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DislikedI do not understand the chart. is it aud/usd chart? btw i took long at 1.0561. still at loss. ahaha.Ignored
DislikedIt's GOLD chart. A portion of it has a connection with AUD/USD because Australia is exporting gold. When people are crazy buying gold , AU will go up. But now.. nobody has tht money to buy gold anymore due to inflation.
Right now.. u shouldn't buy AU unless ur good in scalping on both ways.Ignored
DislikedOk. the formation of A thats what we look for right? The crossing line at the formation shows the area where we shld scalp short and long right? Correct me if im wrong.
*learning in progressIgnored
DislikedYes... if rejected by tht crossing level... short it and if stays above tht crossing level .. buy (SL 5p)..bcoz this is still a downtrend. Either way..if u got greens.. immediately lock TP @ BE +1.Ignored
DislikedNot as fancy but check it out possible short term target @1.047 ishIgnored
DislikedNo problem with that , Chillypiper ! U see..., i still hv one short from 1.1010 but i do not hv its partner (Mr.Long ) - hd accidently closed my long (@ 1.0446) the other day. What a mistake !
More lower than yr target would be better , possibly 1.02xx ? ...provided 1.0440 can be taken out. However .. at this juncture, technically, we are a lil bit above one particular TL and a support level of which if touch, could cause rebounce - several times infact . Im merely scalping long ($$$).
Should this time fail.... we can go back to 1.07 ,...Ignored
Dislikedi fully agree with you chazzle. No matter what indicator will tell me, this currency is in an obvious downtrend. And the trend was confirmed since Friday close..
follow my journal
http://www.forexfactory.com/showthre...254704&page=46
cheersIgnored
Dislikedor is it?.. maybe you should "not try to bend the spoon.. that is impossible.. only realize the truth.. there is no spoon... then you will realize it is not the spoon that bends.. it is only yourself"Ignored