AUD/USD

add ausie/dollar short

http://img39.imagefra.me/img/img39/2...xm_d09697c.png

add more aussie/dollar short! limit long kiwi at 7160

take a risk! aussie printed 200 pips range for the week (8550 - 8750) add more short with 8750 stop loss.

I think we might be going to 1.483 if we take out 1.472.

Chinese are not going to be too happy with USD$ weakning. They have to keep buying gold to hedge their debt

yep shes falling slow and steady 8735 cracked

reload the kiwi long x2

forecasting the future aussie and the kiwi @ 0.9000/0.7350= 1.2244 (aud/nzd cross) place your bet!

in the mean time 8730 craked

move stops and to be continued

Hi Guys

Nice, nice move today. My 4 hour chart wasn't lying to me

Looks like stops are being popped (as expected). I had read that there were large stops above 1.4720 in EUR.

SSI: Retail Traders Still Trying to Fight the Trend but Stops are Stepping In
Wednesday, 16 September 2009 18:01:54 GMT
Written by John Kicklighter, Currency Strategist



Intraday Highlight:

EURUSD - The ratio of long to short positions in the EURUSD stands at -3.04 as nearly 75% of traders are short. Yesterday, the ratio was at -3.07 as 75% of open positions were short. In detail, long positions are 2.5% higher than yesterday and 4.6% weaker since last week. Short positions are 1.6% higher than yesterday and 7.2% stronger since last week. Open interest is 1.8% stronger than yesterday and 12.8% above its monthly average. The SSI is a contrarian indicator and signals more EURUSD gains.

Bank of Scotland's Daily Market Strategy

I know it's a bit late as it gets delivered to my email in the morning but I haven't got internet access during the day at the moment so I'm just posting it anyway. You might still find some stuff worth noting though.



Right, it is nearly Thursday, well in the UK that is. I know you guys in Oz are already in Thursday but let's talk weekly/monthly ranges so far.

This week we've done 206 pips so far (low of 0.8543 and high of 0.8749). My 16 week calculation has an average weekly range of 279 pips and my average weekly calculation for 2009 is 311 pips.

For the month we have done 510 pips so far (low of 0.8239 and high of 0.8749). My average monthly range for 2009 is 641 pips.

I've got Asian Indices registering green at the moment (well what's open anyway) and US futures are green at the moment as well. Gold and crude oil are up.

On daily USDX we've got RSI going into oversold now (but I don't use this to enter trades). I'm really not good with naked charts so I use RSI just to give me a heads up. It's getting closer and closer to my gaps @ 74.61 and 73.54

Just ignore me when I talk about my gaps, I'm sure the posters on the EUR thread thought I should have been carted off to the loonie bin when I talked about these back in May - lol

the battle continue, and this is the range for the week

http://img39.imagefra.me/img/img39/2...lm_c581015.png

aussie/kiwi cross position -27 pips so far

http://img38.imagefra.me/img/img38/2...6m_c58d75e.png

ast ausiie and kiwi trading higher aud/nzd should trading lower

too bad most profit already in the piggy bank

http://img37.imagefra.me/img/img37/2...km_6bb8554.png

yeah baby hit me from both either side hard!

aussie move above 8730 will reduce position(close the profit one)

add kiwi 7137 x1

pips is pips, more ammo for the next battle

http://img40.imagefra.me/img/img40/2...im_7ef4fec.png

above 0.7090 the kiwi bulls in the driver's seat.
below 0.8675 the aussie bears leads the way,

attack!

sems like bull ready to move to me , aud/yen will follow

http://img40.imagefra.me/img/img40/2...am_ca76a2e.png