expecting something like this on aususd weekly, so another 100 pips up are promised for now...after that, retest of the bottom..
http://www.forexfactory.com/showthre...89#post6824689
http://www.forexfactory.com/showthre...89#post6824689
EUR/USD, AUD/USD, and CAD/USD ready to move up 2 replies
EUR/GBP, EUR/USD, GBP/USD, AUD/USD, CAD, NZD, JPY, and more... 14 replies
Anyone here trading AUD/USD or USD/AUD tonight regarding AUS Home Loan Report? 1 reply
The AUD/USD 1.00 EUR/AUD 1.60 GBP/AUD 2.00 Thread! 0 replies
AUD Trade Balance and AUD Retail sales 6 replies
DislikedSellers need to close this 4H candle to solidify the rejection of .9251 otherwise .9275 is on the board.Ignored
Disliked{quote} You can see the "expectation of rate cut" here ; http://www.asx.com.au/sfe/targetratetracker.htm It's updated daily , about an hour after the close , around 5.30.pm SYD . If you have access to an SFE trading platform you can get it "live" . Otherwise , click on the the ASX 30 Day Interbank Cash Rate Futures link for a 20 min delayed feed . Each 0.05 movement in price roughly calculates to 0.025% in expectation .Ignored
DislikedI am one of the many sellers from 0.92500-0.92600 EUR/USD got reversal from 1.31700 area and it will likely to go bottom until and maybe even after bernanke. I've been adding shorts and more shorts... TP 0.90x 100 tick AUD/USD (solid H&S formation, if 0.92350-0.92300 is broken than more sellers will come) {image}Ignored
Disliked{quote} With you there too with short at top of the range/channel on Daily. I know it's a good trade entry but now just hoping Bernanke doesn't blow my SL, I've got it wide & reduced positions until we see the aftermath. I know he'll likely want to talk down the USD...which would work against us here. but hey, anything can happen when that man speaks.Ignored
Disliked{quote} Yeah, anything can happen here. I'm not adding more shorts, holding on to my shorts from 0.92600-0.92500Ignored
Disliked{quote} TP1 0,91600 TP2 0,91000 setting tight SL for all trades, this could kill an account if it goes north after the speech... {image}Ignored
DislikedIf this 1H candle is blocked again at .9250 we're in for a strong downward movement.Ignored