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AUD/USD

  • #9,321
  • Nov 18, 2009 8:59pm Nov 18, 2009 8:59pm
Quoting G_Man
closed NZD short at 7385

now i am out of everything ... lets get ready for the next Battle ...

hello Gold,

Hows your movement today?
the third leg of an upward movement is usually the strongest one, and probably a sell around 1150 might be safe for now

we could see prices retracing in the 1130 - 35 area where the last strong rise started, then decide whether to test lower levels or go for new highs

though gold almost ignored any dollar short lived bounce, I don't think it will keep doing it for long as some buyers should be tented to eventually take some profit after the quick run
  • #9,322
  • Nov 18, 2009 9:14pm Nov 18, 2009 9:14pm
Quoting G_Man
closed NZD short at 7385

now i am out of everything ... lets get ready for the next Battle ...

hello Gold,

Hows your movement today?
You should have held that short bro, think it might be near the yearly high.
  • #9,323
  • Nov 18, 2009 9:15pm Nov 18, 2009 9:15pm
Seems like still some chop in gold ! Scalping opportunities abound but I don't see much higher this year!
  • #9,324
  • Nov 18, 2009 10:00pm Nov 18, 2009 10:00pm
  •  G_Man
  • | Joined Aug 2009 | Status: getting ready for the next Battle | 781 Posts
Quoting fammira
the third leg of an upward movement is usually the strongest one, and probably a sell around 1150 might be safe for now

we could see prices retracing in the 1130 - 35 area where the last strong rise started, then decide whether to test lower levels or go for new highs

though gold almost ignored any dollar short lived bounce, I don't think it will keep doing it for long as some buyers should be tented to eventually take some profit after the quick run
i thought we will have another visit tonight to 1150 before the reatracement ...

i could be wrong ...
  • #9,325
  • Nov 18, 2009 10:03pm Nov 18, 2009 10:03pm
  •  G_Man
  • | Joined Aug 2009 | Status: getting ready for the next Battle | 781 Posts
Quoting G_Man
i thought we will have another visit tonight to 1150 before the reatracement ...

i could be wrong ...
and if we do ...

dont forget to lock some short ... however 1055 looks to me solid R than 1050 ...
  • #9,326
  • Nov 18, 2009 10:18pm Nov 18, 2009 10:18pm
can anyone shed some light on how low the aud may slip?

cheers
NOTHING VENTURED, NOTHING GAINED
  • #9,327
  • Nov 18, 2009 10:19pm Nov 18, 2009 10:19pm
I added a profile pic, how do i get it show beside my name in posts?

cheers
NOTHING VENTURED, NOTHING GAINED
  • #9,328
  • Nov 18, 2009 10:23pm Nov 18, 2009 10:23pm
Quoting G_Man
and if we do ...

dont forget to lock some short ... however 1055 looks to me solid R than 1050 ...
as often I was early

shorted between 1130 and 1135 where I saw a potential top, but look for tops is as hard as dangerous

I will wait, don't want to increase as this is quite beasty and looks like one never knows...
  • #9,329
  • Nov 18, 2009 10:27pm Nov 18, 2009 10:27pm
Quoting franco73
can anyone shed some light on how low the aud may slip?

cheers
it is more exposed to profit taking as it is the one that gained the most in these months,

first support is seen in the 0,92 / 0,9180 area, and probably it will be tested today

anyway look for the 0,9140 / 45 area to hold in order to keep the bullish trend intact
  • #9,330
  • Nov 18, 2009 10:30pm Nov 18, 2009 10:30pm
  •  G_Man
  • | Joined Aug 2009 | Status: getting ready for the next Battle | 781 Posts
Quoting franco73
can anyone shed some light on how low the aud may slip?

cheers
i dont think i am going long until 8900 ...

i like to play safe when it comes to long ... cuz long can go long way ...
  • #9,331
  • Nov 18, 2009 10:31pm Nov 18, 2009 10:31pm
  •  G_Man
  • | Joined Aug 2009 | Status: getting ready for the next Battle | 781 Posts
Quoting franco73
I added a profile pic, how do i get it show beside my name in posts?

cheers
thats a pretty hard technical question but i think i can help you ...

you need to edit and upload your avatar not your profile picture ...
  • #9,332
  • Nov 18, 2009 10:34pm Nov 18, 2009 10:34pm
Quoting fammira
it is more exposed to profit taking as it is the one that gained the most in these months,

first support is seen in the 0,92 / 0,9180 area, and probably it will be tested today

anyway look for the 0,9140 / 45 area to hold in order to keep the bullish trend intact
Thank you
NOTHING VENTURED, NOTHING GAINED
  • #9,333
  • Nov 18, 2009 10:35pm Nov 18, 2009 10:35pm
Quoting G_Man
i dont think i am going long until 8900 ...

i like to play safe when it comes to long ... cuz long can go long way ...

Thank you
NOTHING VENTURED, NOTHING GAINED
  • #9,334
  • Edited 10:38pm Nov 18, 2009 10:37pm | Edited 10:38pm
Quoting G_Man
thats a pretty hard technical question but i think i can help you ...

you need to edit and upload your avatar not your profile picture ...
thanks ill give it a go

It worked

cheers
NOTHING VENTURED, NOTHING GAINED
  • #9,335
  • Nov 18, 2009 10:45pm Nov 18, 2009 10:45pm
Does anyone here use or has used trend magic, any thoughts?

cheers
NOTHING VENTURED, NOTHING GAINED
  • #9,336
  • Nov 18, 2009 10:46pm Nov 18, 2009 10:46pm
guys i think C level 1.618 0.91966 ..

So i think there we have a bull trend..

what do you think?
Attached Image (click to enlarge)
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DRAGON-TECHNICAL ANALYSIS!
  • #9,337
  • Nov 18, 2009 10:48pm Nov 18, 2009 10:48pm
Quoting G_Man
i dont think i am going long until 8900 ...

i like to play safe when it comes to long ... cuz long can go long way ...
hey bro 8900 .. any good plan..

i agree the Bottom of The AUSUSD,,, 8900,, but any another Plan do you see ..
DRAGON-TECHNICAL ANALYSIS!
  • #9,338
  • Nov 18, 2009 10:54pm Nov 18, 2009 10:54pm
Quoting franco73
Thank you

seeing that aud is at 9230 or so would it be crazy to enter now and target the 8900?

cheers
NOTHING VENTURED, NOTHING GAINED
  • #9,339
  • Nov 18, 2009 10:59pm Nov 18, 2009 10:59pm
Quoting franco73
seeing that aud is at 9230 or so would it be crazy to enter now and target the 8900?

cheers
don't sell low, try to sell higher

if it goes down and your order is not filled, just wait, there are opportunities every day
  • #9,340
  • Nov 18, 2009 11:04pm Nov 18, 2009 11:04pm
Quoting fammira
don't sell low, try to sell higher

if it goes down and your order is not filled, just wait, there are opportunities every day
so at this point wait for it to hit rock bottom and prepare to long?

cheers
NOTHING VENTURED, NOTHING GAINED
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