My AH stop buy order is in at 0.9480 so looks like its just about to be picked up...Aussie looks strong lets see where we go from here...take care, Raz
Never say never.
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DislikedHey Scyang,
My AH stop buy order is in at 0.9480 so looks like its just about to be picked up...Aussie looks strong lets see where we go from here...take care, RazIgnored
DislikedI think your buy order just hit, didn't it? Hope it runs really high.Ignored
DislikedWell looks like my 9528 AH stop buy is going to be picked up, if Drussīscenario plays out my trade is doomed, however, my 9480 will be a free ride from there. Im just trading the plan thats all...Ignored
DislikedI see it reaching new highs, for longs. See how last time it bounced off SMA and kept going up. Well, not sure , how to trade it, but I do see it reaching 1.00 in 6-8 weeks, but I've been wrong before.
AttachmentIgnored
DislikedI like it I like it!, lets see how long I can hang in, thanks, RazIgnored
DislikedRaz,
I've been watching the Aussie since you put it out there on Jacko's thread that it might be a good alternative to the Euro. I had an order in at 9400 earlier this week that was missed by 3 pips. Now I'm just waiting for a pullback to try again. I have two possible entries. 1.) 9450 which is the 50% level from low on 6/12 or 2.) 9500 which is the nearest round number to the 50% level from the low on 6/18. I'm leaning towards 9500 as we've been seeing shallower retracements.
Good trading and thanks for sharing your ideas!
CathyIgnored
DislikedHey Myke,
I have never watched that pair, how does it move? Just trying to see how audusd does with Jacko style trading on this thread really..
Update on audusd Jacko style trades so far:
first trade +80
second -22, AH in play +2 at mo, stop at 0.9520, max loss -8
third trade -20, AH in play +40 locked in sl at 0.9520
so overall 80+(max loss)-30, + minimum gain 40= 90 overall as of now, basically if market drops and hits my sl ...if we go up and break the top well would be very nice. If we drop I think my plan will be to wait for a break below 0.9500 wait for a bottom and price to come back up through 0.9500 area again and buy there. Comments? take care all,RazIgnored
DislikedHey Myke,
I have never watched that pair, how does it move? Just trying to see how audusd does with Jacko style trading on this thread really..
Update on audusd Jacko style trades so far:
first trade +80
second -22, AH in play +2 at mo, stop at 0.9520, max loss -8
third trade -20, AH in play +40 locked in sl at 0.9520
so overall 80+(max loss)-30, + minimum gain 40= 90 overall as of now, basically if market drops and hits my sl ...if we go up and break the top well would be very nice. If we drop I think my plan will be to wait for a break below 0.9500 wait for a bottom and price to come back up through 0.9500 area again and buy there. Comments? take care all,RazIgnored