AUD/USD

heavily

10 aud
5 eu
6 S&P
but tight stop losses

Me three!

Below 8860 AU in trouble

This baby is going DOWN, there's much more money in that tree for dady shorts

Is she gonna break the 0.8960 ? who's betting ?

i dont bet, it broke the TL, (bear flag), around 8960 so it should likely go down. Later.

if it starts to consolidate too much above 8863 from here the down move is in trouble.

Yeah I don't bet either but I know this baby has more down to go...

What do you mean ?

if its going to go down then it will spend no time or just a bare minimum of time above 8863

but if it stays below it we should be down to 8778 in the next few hours

Decent hammer on the 4HR charts

Odds are in favour of a move lower...

Actually here it goes now!

Gold has been rejected at 1116.78 resistance. see my blog for further details. aud/usd following suit although correlation isn't perfect.

Sell 0.8859 SL 0.8930 TP 0.8810

as i m showing in the chart that i believe we r on wave 3 in all levels , i mean wave 3 in the bigger wave 3 of the bigger wave 3 , the rebound on the Aussie was so weak so far and it faily to preform a proper rebound to creat a chance for ppl who didnt catch this move to short it , on the other hand this could be of the thin liquidity of the holidays season .
i see the price action moving on a minor rebound to touch the 8950 level and bounce down again , the reason i put this 2 lines of possible rebounds so close to our current level is that i believe the Aud is very weak now on any rebounds and it cant form a proper rebound momentum to travel north far from our current point and the downward momentum is very strong that it ll keep any rebound so short , so its better to be safe and short a small amount off 8920 and the rest on 8950 eveb if it travels nourth for 20 or 30 pips it doesnt matter as far as it ll catch ur position up again on the way down.
the red line on the chart is the place where i dont like to the the AUD going there , or i would start considering this bearish scenario invalid .
keep an eye on the Gold as i believe it ll not go north far from here before it head south again and creat a momentum for the Aud and Euro to go down again
i still anticipate the possiblity of the AUD traveling south from our current position as i see it very heavy on rebounding so be carefull and watch the market closely for a good shorting position and dont mess any further downs.



http://jesus-forex-daily-analysis.bl...-21st-dec.html
follow this link to see my everyday analysis

hi Yngwie..

ah......um........

you made me Mum!!! it doesn't about Trade yes I already short from 0.9111

it is about your Management


enterd 8859

SL 8930

Tp 8810

8930-8859= 71pips Loss...

8859-8810= 49 pips Profit...


u taking Higher% of Loss expecting Profit My good man . if i am not wrong

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read http://www.forexfactory.com/showthre...91#post3319391


here My Example all You Should need .. Keep your Good work

I see a wedge:

um i dont Dessagree with your statement but the Other hand it isn't the Wedge. the Cretery Of wedge pattern where airn't There Just dont see every time Wedge and pattern But Now On AUS/USD this is PURE BROADENING FORMATION!! signal..



and here is the defination of Broadening Formation http://www.investopedia.com/terms/b/...gformation.asp

Bro. For me.. its not just a ratio.. but the safest place ever.. however im already profit lol..

Thanks for advice!

If you earn Money with Any System That is Superb .. no comments

mmm where is everybody ? margin Call ?