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AUD/USD

Quoting Ck87
{quote} Nice, Ken any idea why USD/JPY has stopped having any meaningful rallies even while S&P makes new highs and Nikkei is fairly strong? What do you think the market is worried about?
Much to do with tax rate hike. Market is not worried just not seeing much potential then move the money somewhere else.
blending different schools of analysis, huge stops are not necessary. my stop is 4 pips. the last signal bar where my stop is(thick red line), will confirm on next bar.
if i'm wrong my stop is taken. if i'm right, it won't be hit...thats trading...
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it is now confirmed...
would you look at that, 10 am new home sales news due out, what a shocker!
anyone short now?
AU short at lock profit
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Quoting nealpek
it is now confirmed... would you look at that, 10 am new home sales news due out, what a shocker!
Not sure the number has great significance. Reading the report it says:

"The fresh data may add to worries over the housing market's recovery. But it's worth noting that the volatile series undergoes revisions. The confidence interval for June's 8.1% drop is plus or minus 12.3%, signaling that the government isn't sure whether the pace of new-home sales actually rose or fell last month."
As the lights go by so too do the shadows move
Quoting Matts Micro
{quote} Not sure the number has great significance. Reading the report it says: "The fresh data may add to worries over the housing market's recovery. But it's worth noting that the volatile series undergoes revisions. The confidence interval for June's 8.1% drop is plus or minus 12.3%, signaling that the government isn't sure whether the pace of new-home sales actually rose or fell last month."

Not 100% sure what that means but it sounds like "uncertainty" lol.
As the lights go by so too do the shadows move
SELL from 0.94343

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Quoting Ken A
Vely quiet here
As the lights go by so too do the shadows move
Quoting Matts Micro
{quote} Not sure the number has great significance. Reading the report it says: "The fresh data may add to worries over the housing market's recovery. But it's worth noting that the volatile series undergoes revisions. The confidence interval for June's 8.1% drop is plus or minus 12.3%, signaling that the government isn't sure whether the pace of new-home sales actually rose or fell last month."
what the hell kind of news is this...only forest gump could understand it....how uselesssssssss!
what are they doing with this, sucking in longs?
Run Forest !

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[email protected], do you really stare at this style of chart everyday? making me dizzy...lol
Quoting nealpek
{quote} what the hell kind of news is this...only forest gump could understand it....how uselesssssssss! what are they doing with this, sucking in longs?
Haha prob. There has been no significant turn of any pairs I am watching since the Unemployment Claims.
As the lights go by so too do the shadows move
Quoting Ken A
Run Forest ! http://www.youtube.com/watch?v=x2-MCPa_3rU
you crack me up, LOL
Quoting Ken A
Run Forest ! http://www.youtube.com/watch?v=x2-MCPa_3rU
Haha the slow motion is the best... "rruuunnn foorresst rruuunnn"
As the lights go by so too do the shadows move
Quoting Ken A
Vely quiet here
Did the gurus go broke?
Fix up, trade sharp ...
another lessen to noobs. don't trade the news. if you are in a position before the news and in profit, you can stick with it. if not do not open any positions
'inside the news bar. wait to see the result of the excitement, then plan your next trade... safest way...most pros have made there moves way before the
news is ever announced...
i didn't even know there was a news release until after i placed my trade..
Price action got me into the trade, price action will take me out...period! again to me, the news is completely irrelevant.
"and that's all i have to say about that" from my buddy forest...
I missed my first entry on UJ at BO point of 101.56 so late entry at 101.69 (2nd BO). Aiming for 102.
As the lights go by so too do the shadows move
Quoting Greenspanke
{quote} I thought it was a perfect setup for a short but got caught with that spike I still think were on our way down. G {image}
Closed . Will wait to either short from higher level or the break of .9400
I read and watch to learn.
Is there anyone here who thinks this can go up to .9450-60 area?
I'm certain we are heading lower but not sure if wave 1 of C has ended
it won't hurt to compare analysis. Anybody?

G
I read and watch to learn.
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