AUD is becoming a bigger player as the Australian economy's trend is Growth, furthermore, the central bank announced that there is no need of such a low interest rate anymore...
- Post #5,542
- Quote
- Oct 6, 2009 5:48am Oct 6, 2009 5:48am
- | Joined Sep 2009 | Status: Member | 4 Posts
Patience,
do you mind send me via email ChartStation?. PLEASE
/[email protected]/
thank you
do you mind send me via email ChartStation?. PLEASE
/[email protected]/
thank you
Good morning
USDX 4 Hour
Attachment 329811
Bank of Scotland Daily Market Strategy
Attachment 329812
Good trades
.
- Post #5,543
- Quote
- Oct 6, 2009 5:53am Oct 6, 2009 5:53am
If there is ever any doubt then there is no doubt.
- Post #5,546
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- Oct 6, 2009 5:58am Oct 6, 2009 5:58am
- Joined Oct 2006 | Status: Member | 7,219 Posts
so what's the plan?
buying or selling?
are you holding any poisition atm?
We've got a 76.4% monthly fib at around 0.8934 - could aim for that or not. If anything, I'll probably scalp long.
Unfortunately I closed my gold longs waaaayyy too early yesterday and I've still got soldiers in the 0.8400 area that I got sucked into but I can trade both ways in the account and I'm fairly well capitalised so I'm not worried about them.
Until something else comes into play i.e. indices/gold going down I'm not shorting. I can't see the Fed wanting an indice meltdown and because they can't naked short sell anymore in the US I'm thinking that is helping a lot as well. Goldman also issued a recommendation yesterday to buy large banks and we all know who's pocket Goldman are in
Nothing worth having is easy.
- Post #5,547
- Quote
- Oct 6, 2009 5:58am Oct 6, 2009 5:58am
first target 9050-9087 and maybe coming weeks we mightmid 93
not a chance....
RBA will intervene long before that.
although i m long i dont see much upside after 89.70-90.
- Post #5,549
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- Oct 6, 2009 6:12am Oct 6, 2009 6:12am
- Joined Oct 2006 | Status: Member | 7,219 Posts
Nothing worth having is easy.
- Post #5,550
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- Oct 6, 2009 6:13am Oct 6, 2009 6:13am
- | Joined Aug 2009 | Status: Member | 1,068 Posts
- Post #5,551
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- Oct 6, 2009 6:20am Oct 6, 2009 6:20am
- | Joined Aug 2009 | Status: Member | 1,068 Posts
after it penetarted the top 5 hours ago its holdin its gound 4 hourly candles now and the 5th candle is on the way thats quite good so i think we will see the move in the us session and as the stat provided by mr. patience aud average weekly movment is around 250 to 300 pips
- Post #5,552
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- Oct 6, 2009 6:23am Oct 6, 2009 6:23am
- Joined Oct 2006 | Status: Member | 7,219 Posts
Nothing worth having is easy.
- Post #5,553
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- Oct 6, 2009 6:23am Oct 6, 2009 6:23am
- | Joined Aug 2009 | Status: Member | 1,068 Posts
- Post #5,556
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- Oct 6, 2009 6:41am Oct 6, 2009 6:41am
- | Joined Aug 2009 | Status: Member | 1,068 Posts
- Post #5,558
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- Oct 6, 2009 7:14am Oct 6, 2009 7:14am
- | Joined Aug 2009 | Status: Member | 1,068 Posts
- Post #5,559
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- Oct 6, 2009 7:17am Oct 6, 2009 7:17am
- Joined Oct 2006 | Status: Member | 7,219 Posts
i dont do scalping and i dont do SL so at this stage the only option i have is keep on adding more so i can have a better position ...
timing have to be accurate though ...
Nothing worth having is easy.
- Post #5,560
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- Oct 6, 2009 7:20am Oct 6, 2009 7:20am
- | Joined Aug 2009 | Status: Member | 1,068 Posts