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AUD/USD

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  • Post #37,661
  • Quote
  • Dec 14, 2011 1:22am Dec 14, 2011 1:22am
  •  zarach
  • | Joined Oct 2010 | Status: Member | 278 Posts
Quoting e_piz
Disliked
Sell Limit place @1.0040. TP on 0.99 area or maybe can continue down to close last 2 week gap @9750 area. SL 100 @ 1.0150
Ignored
excuse me..
i've seen this word mentioned in aud and gbp thread and i'm curious what does it mean since i'm new to forex.
would you mind to point me where can i read the explanation for "gap".
thank you very much
 
 
  • Post #37,662
  • Quote
  • Dec 14, 2011 1:42am Dec 14, 2011 1:42am
  •  e_piz
  • | Joined May 2007 | Status: MM is a must - Kaaa-cinggggg! | 242 Posts
Quoting zarach
Disliked
excuse me..
i've seen this word mentioned in aud and gbp thread and i'm curious what does it mean since i'm new to forex.
would you mind to point me where can i read the explanation for "gap".
thank you very much
Ignored
Look at your A/USD chart 4H timeframe, and scroll your mouse to 25 - 27 November

and read this

http://blogs.fxstreet.com/1stonforex...ey-can-happen/

Hope this helps.
Trade what you see. Write what you feel
 
 
  • Post #37,663
  • Quote
  • Dec 14, 2011 1:52am Dec 14, 2011 1:52am
  •  zarach
  • | Joined Oct 2010 | Status: Member | 278 Posts
Quoting e_piz
Disliked
Look at your A/USD chart 4H timeframe, and scroll your mouse to 25 - 27 November

and read this

http://blogs.fxstreet.com/1stonforex...ey-can-happen/

Hope this helps.
Ignored
thank you very much for your help sir
 
 
  • Post #37,664
  • Quote
  • Dec 14, 2011 2:48am Dec 14, 2011 2:48am
  •  PipinTom
  • | Joined Feb 2011 | Status: Member | 63 Posts
id like to see the channel play continue - this would give obvious teritory for short entry between 1.0100 and 1.0150



http://a.yfrog.com/img576/8213/jjbda.jpg
 
 
  • Post #37,665
  • Quote
  • Dec 14, 2011 3:49am Dec 14, 2011 3:49am
  •  fontu
  • Joined Mar 2008 | Status: Name real with real own way | 19,639 Posts
false break ot not in eu & usdx side , started short with care all at the hight of the bounce .next level care 0.9961 & 41 before breaks for 0.9780 /53 .lets see , anyway handle with care .
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
 
 
  • Post #37,666
  • Quote
  • Dec 14, 2011 4:06am Dec 14, 2011 4:06am
  •  ibotman
  • | Joined Jul 2011 | Status: Member | 121 Posts
200, 100, and 34 MA's converging on 5M. Indicating an upcoming bearish breakout of the channel?
 
 
  • Post #37,667
  • Quote
  • Dec 14, 2011 4:18am Dec 14, 2011 4:18am
  •  isaacyassar
  • | Joined Sep 2010 | Status: a happy trader | 142 Posts
Quoting ibotman
Disliked
200, 100, and 34 MA's converging on 5M. Indicating an upcoming bearish breakout of the channel?
Ignored
Claimant Count Change coming in 10 minutes, jumpy GU could affect AU too. Perhaps the big boys are waiting for it before making any move
The tone of your words reflects the quality and result of your trading ;-)
 
 
  • Post #37,668
  • Quote
  • Dec 14, 2011 4:30am Dec 14, 2011 4:30am
  •  andri66
  • | Joined Jul 2011 | Status: Member | 350 Posts
If UK claimant count much better than expected could move au to 1.01..but not sure if this wednesday will change the bearish trend though..
 
 
  • Post #37,669
  • Quote
  • Dec 14, 2011 4:56am Dec 14, 2011 4:56am
  •  isaacyassar
  • | Joined Sep 2010 | Status: a happy trader | 142 Posts
The bulls have pushed to 1.0030 3 times, a neat line defense there by the bears. Will the 4th attempt breach it?
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The tone of your words reflects the quality and result of your trading ;-)
 
 
  • Post #37,670
  • Quote
  • Dec 14, 2011 5:03am Dec 14, 2011 5:03am
  •  ragnakore
  • | Joined Mar 2007 | Status: Member | 726 Posts
Market is waiting for the Bond Auction results in 15 mins....

IF ECB buys the bonds, it will be bullish for RISK
 
 
  • Post #37,671
  • Quote
  • Dec 14, 2011 5:08am Dec 14, 2011 5:08am
  •  ibotman
  • | Joined Jul 2011 | Status: Member | 121 Posts
Quoting ragnakore
Disliked
Market is waiting for the Bond Auction results in 15 mins....

IF ECB buys the bonds, it will be bullish for RISK
Ignored
Where are you seeing this announcement?
 
 
  • Post #37,672
  • Quote
  • Dec 14, 2011 5:12am Dec 14, 2011 5:12am
  •  ChipsnPips
  • | Joined Sep 2011 | Status: Broke Millionaire | 60 Posts
Long term trend is dwn, inter and short term is down, lower highs and no matter how you look at it Eur is not in good shape. Trade the trend...

Just missed my 8th entry at 1.0047 :-(
Enter Signature
 
 
  • Post #37,673
  • Quote
  • Dec 14, 2011 5:13am Dec 14, 2011 5:13am
  •  ragnakore
  • | Joined Mar 2007 | Status: Member | 726 Posts
Italy Sells EUR3B September 2016 BTP

Italian September 2016 BTP Yield Set At 6.47%

Yield On Sep 2016 BTP Highest At 5-Year Italian Auction In Euro Era
 
 
  • Post #37,674
  • Quote
  • Dec 14, 2011 5:40am Dec 14, 2011 5:40am
  •  Muhd Taufik
  • | Joined Jan 2011 | Status: Member | 70 Posts
Quoting isaacyassar
Disliked
The bulls have pushed to 1.0030 3 times, a neat line defense there by the bears. Will the 4th attempt breach it?
Ignored
Yup, strong resistance so far. Need a stronger hopium to break it thru. With this tight range, it's gonna explode and im supporting the bear rally to hit the gap and close it for good. Might be today during NY if not before the weekend approaches. If could not close the gap, just hit my TP will do
 
 
  • Post #37,675
  • Quote
  • Dec 14, 2011 5:41am Dec 14, 2011 5:41am
  •  nahman
  • | Joined Oct 2008 | Status: Member | 451 Posts
Looks like false break of upper trendline, now the waiting game with bias to the downside, looking to go short.
www dot corporateforex dot wordpress dot com
 
 
  • Post #37,676
  • Quote
  • Dec 14, 2011 6:04am Dec 14, 2011 6:04am
  •  rafiqhidayat
  • | Joined Oct 2011 | Status: Member | 366 Posts
nice break downwards.... took a chance and did a martingale approach (but still maintaining my money management)...

3 more units to close..
Buy! Buy! Sell! Sell! Just make sure you have proper MM!
 
 
  • Post #37,677
  • Quote
  • Dec 14, 2011 6:12am Dec 14, 2011 6:12am
  •  Muhd Taufik
  • | Joined Jan 2011 | Status: Member | 70 Posts
Quoting rafiqhidayat
Disliked
nice break downwards.... took a chance and did a martingale approach (but still maintaining my money management)...

3 more units to close..
Ignored
so now waiting for .9980 to break ...
 
 
  • Post #37,678
  • Quote
  • Dec 14, 2011 6:18am Dec 14, 2011 6:18am
  •  rafiqhidayat
  • | Joined Oct 2011 | Status: Member | 366 Posts
Quoting Muhd Taufik
Disliked
so now waiting for .9980 to break ...
Ignored
Yupp... had 8 units, closed 5 at parity... letting the other 3 run to below 0.9980.. profits locked in at BE + 20

So far december has been good for me.. total 1600 pips banked in.. hope to continue the run of 20% increase in equity on a month to month basis.
Buy! Buy! Sell! Sell! Just make sure you have proper MM!
 
 
  • Post #37,679
  • Quote
  • Dec 14, 2011 6:25am Dec 14, 2011 6:25am
  •  Riskit
  • | Joined Nov 2011 | Status: Member | 49 Posts
Gold seems to leading the way, before NY opens.
 
 
  • Post #37,680
  • Quote
  • Dec 14, 2011 6:31am Dec 14, 2011 6:31am
  •  isaacyassar
  • | Joined Sep 2010 | Status: a happy trader | 142 Posts
Quoting Muhd Taufik
Disliked
Yup, strong resistance so far. Need a stronger hopium to break it thru. With this tight range, it's gonna explode and im supporting the bear rally to hit the gap and close it for good. Might be today during NY if not before the weekend approaches. If could not close the gap, just hit my TP will do
Ignored
It breached 1.0030 but then turned out to be a fake out LOL

Some powerful folks seem really can't wait for further retracement before continuing downtrend past parity
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The tone of your words reflects the quality and result of your trading ;-)
 
 
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