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  • #12,961
  • Aug 15, 2009 11:37am Aug 15, 2009 11:37am
Quoting sam0182
Great call Booker! Did you get in?
no.. had an appointment with a pint of guiness !!
  • #12,962
  • Aug 15, 2009 6:30pm Aug 15, 2009 6:30pm
kk007, there was a 25 point reaction or so to 8304...hardly something you would expect off an 83 level and I wouldnt be surprised to see it bounce harder sunday/monday.

So it wasn't a complete deadbeat yet. I think I caught you in the chat, not sure of AUD/USD and levels vs other pairs? I know I don't feel as comfortable with it and prefer to play only big daily levels with this pair. That being said, it did bounce off the daily low of 8273

Interesting to see what will happen next wek.
  • #12,963
  • Edited 9:55pm Aug 15, 2009 9:13pm | Edited 9:55pm
Sam,

Thanks, yes I don't like the volatility of USD/AUD, I may replace it with USD/CAD. I open the MT4 of another broker, and it gives one more hour on Friday end. Yes. It bounce back more.

cheers,

kk

P.S. Daily high/low is different according different day-end hour of brokers. Mine previous day low wasn't 8273 (with GMT+3). By the way, what is your day-end hour?

Quoting sam0182
kk007, there was a 25 point reaction or so to 8304...hardly something you would expect off an 83 level and I wouldnt be surprised to see it bounce harder sunday/monday.

So it wasn't a complete deadbeat yet. I think I caught you in the chat, not sure of AUD/USD and levels vs other pairs? I know I don't feel as comfortable with it and prefer to play only big daily levels with this pair. That being said, it did bounce off the daily low of 8273

Interesting to see what will happen next wek.
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  • #12,964
  • Aug 16, 2009 1:09am Aug 16, 2009 1:09am
My fault, I was referring to the daily low of 8/11/09...

http://i24.photobucket.com/albums/c2.../th_audusd.jpg

Quoting kk007
Sam,

Thanks, yes I don't like the volatility of USD/AUD, I may replace it with USD/CAD. I open the MT4 of another broker, and it gives one more hour on Friday end. Yes. It bounce back more.

cheers,

kk

P.S. Daily high/low is different according different day-end hour of brokers. Mine previous day low wasn't 8273 (with GMT+3). By the way, what is your day-end hour?
  • #12,965
  • Edited 2:26pm Aug 16, 2009 10:31am | Edited 2:26pm
EDIT 1O7.30 .....NOT 106.30...interesting area on 4hr chart ... . the daily shows big selling at this level on the 3rd of aug .. any opinions , could be a test of 106/105.50 level

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  • #12,966
  • Aug 16, 2009 10:33am Aug 16, 2009 10:33am
usdchf daily

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  • #12,967
  • Aug 16, 2009 11:40am Aug 16, 2009 11:40am
I would also expect a bounce around the 1.055-1.06 level.
  • #12,968
  • Aug 16, 2009 2:50pm Aug 16, 2009 2:50pm
Quoting kk007
Can't see price react to any of the marked levels.
The only high probability zone was 8300-8280 IMO as discussed in the chat room.

It is all about combining significant s/r factors to identify high probability areas.
  • #12,969
  • Aug 16, 2009 3:56pm Aug 16, 2009 3:56pm
Is this a good short on the spike base? or is it coming in too hot?
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  • #12,970
  • Aug 16, 2009 6:11pm Aug 16, 2009 6:11pm
Quoting chazlanning
Is this a good short on the spike base? or is it coming in too hot?
This is still in bounce mode IMO and still has quite a bit of run up.
  • #12,971
  • Aug 16, 2009 9:29pm Aug 16, 2009 9:29pm
Quoting RedCabbage
The only high probability zone was 8300-8280 IMO as discussed in the chat room.

It is all about combining significant s/r factors to identify high probability areas.

Thanks RC, I still remember the 8300 in the chat room. Didn't heard about the 8300-8280 range. Nevertheless, since the price retraced at 8304, fading at 8300 is a bit risky.

cheers.
  • #12,972
  • Aug 17, 2009 12:38am Aug 17, 2009 12:38am
I haven't posted anything here in years, which chat room are you referring to? Anyone kind enough to post a link, it would be much appreciated, thank you. For what it's worth, I don't know if anyone trades on longer TF's, but on AUD/USD we have a great bearish setup. An evening star formation right at the 61.8% retracement and oversold on the stochs...
  • #12,973
  • Aug 17, 2009 12:48am Aug 17, 2009 12:48am
Quoting ssteiner87
I haven't posted anything here in years, which chat room are you referring to? Anyone kind enough to post a link, it would be much appreciated, thank you. For what it's worth, I don't know if anyone trades on longer TF's, but on AUD/USD we have a great bearish setup. An evening star formation right at the 61.8% retracement and oversold on the stochs...
http://www.nobrainertrades.com/searc...rTrades%20Chat
  • #12,974
  • Aug 17, 2009 12:54am Aug 17, 2009 12:54am
Thank you, by the way, i forgot to mention i was looking at the weekly setup on aud.usd...
  • #12,975
  • Aug 17, 2009 1:17am Aug 17, 2009 1:17am
The S and P ASX 200 closed down 67.40 points @ 4393.60.
  • #12,976
  • Aug 17, 2009 1:32am Aug 17, 2009 1:32am
Quoting kk007
Thanks RC, I still remember the 8300 in the chat room. Didn't heard about the 8300-8280 range. Nevertheless, since the price retraced at 8304, fading at 8300 is a bit risky.

cheers.
Although we obviously have to enter at a single price, my targets are always zones not individual levels.

Someone else was talking about 8280 as their primary target level too.
  • #12,977
  • Aug 17, 2009 2:12am Aug 17, 2009 2:12am
Quoting RedCabbage
Although we obviously have to enter at a single price, my targets are always zones not individual levels.

Someone else was talking about 8280 as their primary target level too.
I definitely know S/R is a zone, but didn't know if I should "zone" up or "zone" down from 8300. I knew I should "zone" down afterwards. lol
  • #12,978
  • Aug 17, 2009 4:58am Aug 17, 2009 4:58am
Hi guys.

Can you recommend me a good site for info about dollar index, futures prices, sp 500 levels etc.?
  • #12,979
  • Aug 17, 2009 9:36am Aug 17, 2009 9:36am
[quote=sam0182;2954487]USD/CHF short 1.08 is all I have on my watch list, 1.08 short, 61% fib

http://i24.photobucket.com/albums/c2.../th_uchf-1.jpg

i was squashed on my last short from 1.0730 .. shorting now from 1.0805 are u in ... 5min chart / risk 32pips will move to breakeven at 1.0773 with luck...
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  • #12,980
  • Edited 11:16am Aug 17, 2009 10:57am | Edited 11:16am
Potential H&S Pattern setting up around 94.00-93.84 Daily Chart.
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