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AUD/USD

  • #11,881
  • Dec 16, 2009 9:10pm Dec 16, 2009 9:10pm
Anyone long at those levels 0.8930 -0.8950 ?
  • #11,882
  • Dec 16, 2009 9:15pm Dec 16, 2009 9:15pm
Quoting TexasforEX
The rumblings are building, the seismograph will soon be running in the red....

The quake is coming. Some will be standing on the fault, some will be able
to buy beachfront property....

We won't be fooled again....or will we?

Shake the money tree baby....shake it all night long
"Timing Is Everything. Really I Swear It Is"
  • #11,883
  • Dec 16, 2009 9:17pm Dec 16, 2009 9:17pm
is anyone on a short for all this action? what is the momentum from?
  • #11,884
  • Dec 16, 2009 9:20pm Dec 16, 2009 9:20pm
Quoting Mckal41
is anyone on a short for all this action? what is the momentum from?

Bear market rallies don't need any reason other than gobbling up all the stops.

And yeah, I'm short.
"Timing Is Everything. Really I Swear It Is"
  • #11,885
  • Dec 16, 2009 9:20pm Dec 16, 2009 9:20pm
Quoting TexasforEX
Shake the money tree baby....shake it all night long
Yes shake it shake it baby...xmas is coming early for some...
  • #11,886
  • Dec 16, 2009 9:21pm Dec 16, 2009 9:21pm
I'm still holding short from .9160, I think we finally may see a break of .89 , I've been waiting for this 3-4 weeks
  • #11,887
  • Dec 16, 2009 9:23pm Dec 16, 2009 9:23pm
Quoting TexasforEX
Shake the money tree baby....shake it all night long
  • #11,888
  • Dec 16, 2009 9:24pm Dec 16, 2009 9:24pm
headed north...will hedge
  • #11,889
  • Dec 16, 2009 9:29pm Dec 16, 2009 9:29pm
I only caught the train half way. Exited at 8940. Didnt think it would cross that line. Waiting to short it again at 8950.
Find a job that you love and you dont have to work again in your life.
  • #11,890
  • Dec 16, 2009 9:33pm Dec 16, 2009 9:33pm
On a side note, the eur/aud just made a small pin on the 50 fib. I'm long from 1.6123, stops 1.6083.
Attached Image (click to enlarge)
Click to Enlarge Name: euraus.gif Size: 21 KB
"Timing Is Everything. Really I Swear It Is"
  • #11,891
  • Dec 16, 2009 9:41pm Dec 16, 2009 9:41pm
Quoting tradoholic
I only caught the train half way. Exited at 8940. Didnt think it would cross that line. Waiting to short it again at 8950.
Me thinks this trains next stop is 0.8870
  • #11,892
  • Dec 16, 2009 9:51pm Dec 16, 2009 9:51pm
  •  G_Man
  • | Joined Aug 2009 | Status: getting ready for the next Battle | 781 Posts
Quoting Daytrader74
Me thinks this trains next stop is 0.8870
but i think will take a risk and go long at 8905 - 8910 ...
  • #11,893
  • Dec 16, 2009 9:52pm Dec 16, 2009 9:52pm
Quoting Mckal41
headed north...will hedge
are you long now? be careful with S at .89 ,if that one is broken nothing else will stop this pair till 0.86-5
  • #11,894
  • Dec 16, 2009 9:56pm Dec 16, 2009 9:56pm
Quoting G_Man
but i think will take a risk and go long at 8905 - 8910 ...
Hi G-Man, too risky to go long here, good luck!!
  • #11,895
  • Dec 16, 2009 10:00pm Dec 16, 2009 10:00pm
Quoting Mckal41
is anyone on a short for all this action? what is the momentum from?
I've been short since the first part of the month.
  • #11,896
  • Dec 16, 2009 10:04pm Dec 16, 2009 10:04pm
risky business but bullish gartleys on several audusd charts....

a downtrend red count of only 5 across 15 thru daily timeframes suggests the boat is tipped excessively ...... time to take notice.....h
Attached Image (click to enlarge)
Click to Enlarge Name: trends audusd.gif Size: 38 KB
to trade and code, keep both simple... no call to impress....h
  • #11,897
  • Dec 16, 2009 10:14pm Dec 16, 2009 10:14pm
Quoting hayseed
risky business but bullish gartleys on several audusd charts....

a downtrend red count of only 5 across 15 thru daily timeframes suggests the boat is tipped excessively ...... time to take notice.....h
Hi hayseed, would you mind showing me one of those several bullish gartleys on the chart? I cant point them out
  • #11,898
  • Dec 16, 2009 10:26pm Dec 16, 2009 10:26pm
Quoting shahab8b
are you long now? be careful with S at .89 ,if that one is broken nothing else will stop this pair till 0.86-5
HI Shahab,
I have floor traders pivot at .8872 I dont think it will pass that. Very strong support. If it gets through that then yes I believe next train station will be 8810.
Find a job that you love and you dont have to work again in your life.
  • #11,899
  • Dec 16, 2009 10:30pm Dec 16, 2009 10:30pm
Quoting tradoholic
HI Shahab,
I have floor traders pivot at .8872 I dont think it will pass that. Very strong support. If it gets through that then yes I believe next train station will be 8810.
I agree, if the AB=CD is what going on, it should end up at .8875 considering time and the extent of the move then move higher from there, just may be
Attached Image (click to enlarge)
Click to Enlarge Name: audusd.gif Size: 23 KB
  • #11,900
  • Dec 16, 2009 10:36pm Dec 16, 2009 10:36pm
  •  G_Man
  • | Joined Aug 2009 | Status: getting ready for the next Battle | 781 Posts
long 8894
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