Ok m8
- #1,602
- Jul 8, 2009 6:55pm Jul 8, 2009 6:55pm
- Joined Oct 2007 | Status: Take The A-Trade | 2,303 Posts
what are you going to do with her(aud) Jhon? im looking for pullback and short it again. limit short in place @ 0.7900
Well, I'm keeping my shorts, target is the same, 0.77 next parade, then 0.745, price close below 0.78, I don't think that we'll see 0.79 in a while, but is ok, actually I'm long on EurAud (I don't have GbpAud on my platform)
, and look pretty nice, let's see what tokyo bring.
Take a look to the close above 50 Ema on daily charts (bullish strong signal), stop below daily low @1.76, what do you think?
Jhon
"THE ALL is Mind; the Universe is Mental--held in the mind of THE ALL."
- #1,603
- Jul 8, 2009 7:56pm Jul 8, 2009 7:56pm
- | Joined Apr 2009 | Status: Pips Farmer | 5,211 Posts
Hi ben!
Well, I'm keeping my shorts, target is the same, 0.77 next parade, then 0.745, price close below 0.78, I don't think that we'll see 0.79 in a while, but is ok, actually I'm long on EurAud (I don't have GbpAud on my platform)
Take a look to the close above 50 Ema on daily charts (bullish strong signal), stop below daily low @1.76, what do you think?
Jhon
Eur/Aud long hey ..... break 1.7900 you are in the money .... not yet kevin !! are we there yet ? i said not yet kevin
good trading to you Jhon
- #1,604
- Jul 8, 2009 9:20pm Jul 8, 2009 9:20pm
- | Joined Apr 2009 | Status: Pips Farmer | 5,211 Posts
im in @0.7801 short 
- #1,605
- Jul 8, 2009 10:02pm Jul 8, 2009 10:02pm
- | Joined Apr 2009 | Status: Pips Farmer | 5,211 Posts
- #1,606
- Jul 9, 2009 12:08am Jul 9, 2009 12:08am
- Joined Aug 2007 | Status: If it walks like a duck... | 1,483 Posts
- #1,607
- Jul 9, 2009 1:18am Jul 9, 2009 1:18am
- Joined Apr 2007 | Status: Evil Kraut | 2,559 Posts
I have changed my view of this pair to long term bullish. With credit crunch definitely behind us (3 mo LIBOR is steadily declining), Aussie unemployment situation far better than that of Europe or U.S., RBA's neutral stance on monetary policy, and money flowing into riskier assets like stocks more willingly, I see AUD being more resilient than say EUR. That's not to say there's no room for more short-term weakness on Chinese and No. Korean shenanigans, weak gold and general summer time investment apathy. Buy under 0.77 for sure though.
I buy all I can get. Those levels yesterday where great buying levels, a lot of techies will now be short... 
- #1,608
- Jul 9, 2009 4:34am Jul 9, 2009 4:34am
- | Joined Jan 2009 | Status: Cesco | 1,140 Posts
well done guys with your shorts!
I was and am out waiting for my EURUSD and GBPUSD longs to recover
I have called a bounce, and we should eventually see it today and tomorrow
that should be a new chance to short closer or above 0,80
if you took your profit and closed the shorts opened at those levels, I think short term you did the right thing
AUD, as well as EUR and GBP should not perform well this summer as I see profit taking in equities and low volumes that could lead markets lower and risk aversion currencies shall be moving towards the same direction
for AUDUSD my idea is sell close to 0,80 and buy close to 0,70
we could see new highs after September where new money will be committed to equities and economy might show clearer signs of recovery
I was and am out waiting for my EURUSD and GBPUSD longs to recover
I have called a bounce, and we should eventually see it today and tomorrow
that should be a new chance to short closer or above 0,80
if you took your profit and closed the shorts opened at those levels, I think short term you did the right thing
AUD, as well as EUR and GBP should not perform well this summer as I see profit taking in equities and low volumes that could lead markets lower and risk aversion currencies shall be moving towards the same direction
for AUDUSD my idea is sell close to 0,80 and buy close to 0,70
we could see new highs after September where new money will be committed to equities and economy might show clearer signs of recovery
- #1,609
- Jul 9, 2009 8:55am Jul 9, 2009 8:55am
- | Joined Apr 2009 | Status: Pips Farmer | 5,211 Posts
I completely agree.
- #1,611
- Jul 9, 2009 9:34am Jul 9, 2009 9:34am
- Joined Oct 2007 | Status: Take The A-Trade | 2,303 Posts
yep im one and i add more short 0.7833
, btw, this last pull back just form a bear flag, I don't think in long until a close above 0.82 Jhon
"THE ALL is Mind; the Universe is Mental--held in the mind of THE ALL."
- #1,612
- Jul 9, 2009 11:09am Jul 9, 2009 11:09am
- | Joined Apr 2009 | Status: Pips Farmer | 5,211 Posts
- #1,613
- Jul 9, 2009 11:11am Jul 9, 2009 11:11am
- | Joined Apr 2009 | Status: Pips Farmer | 5,211 Posts
- #1,614
- Jul 9, 2009 11:12am Jul 9, 2009 11:12am
- | Joined Apr 2009 | Status: Pips Farmer | 5,211 Posts
- #1,615
- Jul 9, 2009 11:15am Jul 9, 2009 11:15am
- | Joined Apr 2009 | Status: Pips Farmer | 5,211 Posts
- #1,616
- Jul 9, 2009 11:16am Jul 9, 2009 11:16am
- | Joined Apr 2009 | Status: Pips Farmer | 5,211 Posts
- #1,617
- Jul 9, 2009 11:18am Jul 9, 2009 11:18am
- | Joined Apr 2009 | Status: Pips Farmer | 5,211 Posts
- #1,618
- Jul 9, 2009 11:23am Jul 9, 2009 11:23am
- | Joined Apr 2009 | Status: Pips Farmer | 5,211 Posts
- #1,619
- Jul 9, 2009 11:30am Jul 9, 2009 11:30am
- Joined Oct 2007 | Status: Take The A-Trade | 2,303 Posts
0.7850 taken
Jhon
"THE ALL is Mind; the Universe is Mental--held in the mind of THE ALL."
- #1,620
- Jul 9, 2009 11:44am Jul 9, 2009 11:44am
- | Joined Jan 2009 | Status: Cesco | 1,140 Posts
guys I'd suggest you to wait to short
0,79 - 0,80 could be seen tomorrow or monday
buy low sell high
0,79 - 0,80 could be seen tomorrow or monday
buy low sell high