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Attachments: AUD/USD
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AUD/USD

which moves which? is it gold that moves aud? or aud that moves gold (short term)
Is it possible this move down is just a stop eater in case aud goes up pulling gold up?

Or is this too much spy movied in my mind?
Quoting ill_be_back
.9503
9384
Quoting Windstrown
which moves which? is it gold that moves aud? or aud that moves gold (short term) Is it possible this move down is just a stop eater in case aud goes up pulling gold up? Or is this too much spy movied in my mind?
Imo I think AU will react to Gold but not so much Gold to the AU.
As the lights go by so too do the shadows move
do not think we go down for now.

market too many bears ... and bears did not react aggressive on yesterday move up.
Nothing has really changed with gold… the stock market keeps going higher and higher and is proving to be a better place to put your money.

It could be supported at 1300, but overall every time it rallies the herd gets all excited as if a new bull trend is starting or the old bull trend is back again… still very clearly not the case and overall better to be selling any major rallies imo.

The market does a great job of stopping out and fooling people though, even when they are right.

Example is when gold was at 1330, there were some nice trades there to the downside for time being then it broke out to 1345 and then got crushed on no news all the way down to 1300 area very rapidly.

"The stock market is never obvious. It is designed to fool most of the people, most of the time." Jesse Livermore

goes for all markets.
Quoting SydneyGuru
do not think we go down for now. market too many bears ... and bears did not react aggressive on yesterday move up.

It was yesterday not today..
There goes the Aus ….
Is everyone ok?

Quoting Ck87
Nothing has really changed with gold… the stock market keeps going higher and higher and is proving to be a better place to put your money. It could be supported at 1300, but overall every time it rallies the herd gets all excited as if a new bull trend is starting or the old bull trend is back again… still very clearly not the case and overall better to be selling any major rallies imo. The market does a great job of stopping out and fooling people though, even when they are right. Example is when gold was at 1330, there were some nice trades there...
Looking 1284 before the bulls get back on board for new HH's. This is following a weekly bull BO pattern with the pullback to the BO TL imo though with a break below would be a break of a 4hr H&S neckline.... Not sure of the impact of Chinese news on Gold, am watching to see if enough to turn around.
As the lights go by so too do the shadows move
Quoting Ken A
Is everyone ok?
Ok, But will be more Ok Ok when my target of .9498 is reached
A good trader follows his rules, but great trader knows when to break them
I am flat, got out of long before news. It seemed too much of a "gamble" for me atm because haven't done my homework (slept in this morn).
As the lights go by so too do the shadows move
good sell point 0.9470
Quoting SydneyGuru
good sell point 0.9470
target ?
I feel turning point during USA data -))) but this will be turning point down as predicted.

Each move has 3 spikes ... we got 3
Quoting SydneyGuru
good sell point 0.9470

You just said you do not think we're going down,,, so now you'll be right (or wrong) either way… ridiculous.
Quoting cobracoder
{quote} target ?
now 0.93900
Quoting Matts Micro
{quote} Ken remember this about an hour after the top/bottom?... coulda, shoulda, woulda
NZDUSD will go up for the obvious reason not because of CNY PMI
The price zone 0.8542, generated strong support zone, and supplying bulls; breakouts above 0.9760, give way to the upside
Scammer will say anything and always right

con art·ist
noun
informal

  1. a person who cheats or tricks others by persuading them to believe something that is not true.
    "the debonair con artist lives by scamming rich women"

Quoting Ck87
{quote} You just said you do not think we're going down,,, so now you'll be right (or wrong) either way… ridiculous.
"do not think we're going down" for now but now I am in short from 0.9470

I need to see reaction of players to predict future move
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