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AUD/USD

  • #12,261
  • Dec 23, 2009 7:19am Dec 23, 2009 7:19am
Quoting dongsky
it's the best time to enter short...
profit target 25 pips, stop loss 10 pips
Success consists of going from failure to failure without loss of enthusiam
  • #12,262
  • Dec 23, 2009 7:22am Dec 23, 2009 7:22am
Quoting TexasforEX
Short from .8815 and .8885 I'll take profit around .8550

Shorts from .9150 and .9270 I'll keep for a while longer.

Don't panic, there is nothing suggesting that this down leg is over yet. Just enjoy the "gravity assisted ride".

Stops on shorts from .8815 & .8885 to BE now.

On my charts there is not much supporting a long currently. It actually looks like a typical consolidation before another push down. With that said, thin markets can surprise ya!
"Timing Is Everything. Really I Swear It Is"
  • #12,263
  • Dec 23, 2009 7:23am Dec 23, 2009 7:23am
Quoting dongsky
it's the best time to enter short...
Agreed. Maybe on a bounce to .8775 if you want to fine tune it a bit.

(note: I'm not doing it with upcoming news though)
  • #12,264
  • Dec 23, 2009 7:23am Dec 23, 2009 7:23am
Daytrader:
Thanks for that. Its dropped a little bit now and its in my comfort zone, so I might chew the last bits of nail that I have left.

FXsurfer:
It sure did drop as you were typing. Thats nice demonstration of expertise and experience. I will hold through the news. Thanks for the advise.
Find a job that you love and you dont have to work again in your life.
  • #12,265
  • Dec 23, 2009 7:24am Dec 23, 2009 7:24am
Quoting tradoholic
Daytrader:
Thanks for that. Its dropped a little bit now and its in my comfort zone, so I might chew the last bits of nail that I have left.

FXsurfer:
It sure did drop as you were typing. Thats nice demonstration of expertise and experience. I will hold through the news. Thanks for the advise.
I was shaking for you bro
  • #12,266
  • Dec 23, 2009 7:24am Dec 23, 2009 7:24am
Confucius say "Wise man sell rallies"
  • #12,267
  • Dec 23, 2009 7:25am Dec 23, 2009 7:25am
Bull EU continues for now
  • #12,268
  • Dec 23, 2009 7:29am Dec 23, 2009 7:29am
5min break of trend line to the downside
Happy trading, pip pip!
  • #12,269
  • Dec 23, 2009 7:35am Dec 23, 2009 7:35am
5min retesting around 8770 ?
Happy trading, pip pip!
  • #12,270
  • Dec 23, 2009 7:39am Dec 23, 2009 7:39am
Quoting tradoholic
FXsurfer:
It sure did drop as you were typing. Thats nice demonstration of expertise and experience. I will hold through the news. Thanks for the advise.
Thanks for the kind words, my friend but, I need much, much more of both.
Wisdom vouches and post count don't mean sh**! Really important for us all to keep in mind on the forums.
  • #12,271
  • Dec 23, 2009 7:41am Dec 23, 2009 7:41am
I am off to bed, putting a wide enough SL for breathing. Good luck all, see you all tomorrow.
Find a job that you love and you dont have to work again in your life.
  • #12,272
  • Dec 23, 2009 7:44am Dec 23, 2009 7:44am
It's quiet....
"Timing Is Everything. Really I Swear It Is"
  • #12,273
  • Edited 7:49am Dec 23, 2009 7:48am | Edited 7:49am
5min; do we have failure of retest of trendline? will it dick around the current 72 level?
Happy trading, pip pip!
  • #12,274
  • Dec 23, 2009 8:12am Dec 23, 2009 8:12am
It looks to me like it's heading for 8800. Last weeks low of 8808 may be broken.
  • #12,275
  • Dec 23, 2009 8:16am Dec 23, 2009 8:16am
Breakout of 8788 resistance?

we'll see 88xx soon...
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  • #12,276
  • Dec 23, 2009 8:22am Dec 23, 2009 8:22am
Quoting GoldenGold
Breakout of 8788 resistance?

we'll see 88xx soon...
No not yet...
  • #12,277
  • Dec 23, 2009 8:26am Dec 23, 2009 8:26am
Quoting Daytrader74
No not yet...
You shaking the tree yourself?
Or you shaking with Texas? lol...

Shake it shake it, shake it shake it, shake it like a polaroid pictureeeeee....
  • #12,278
  • Dec 23, 2009 8:28am Dec 23, 2009 8:28am
Quoting GoldenGold
You shaking the tree yourself?
Or you shaking with Texas? lol...

Shake it shake it, shake it shake it, shake it like a polaroid pictureeeeee....
I shaking the money tree cause I know there's more money in there for Dady
  • #12,279
  • Dec 23, 2009 8:28am Dec 23, 2009 8:28am
Quoting Daytrader74
No not yet...

I am soooo not a believer in this move. I wouldn't be surprised to see the UofM sentiment number move this market south. Not because it's important, rather just a trigger.
"Timing Is Everything. Really I Swear It Is"
  • #12,280
  • Dec 23, 2009 8:30am Dec 23, 2009 8:30am
Quoting TexasforEX
I am soooo not a believer in this move. I wouldn't be surprised to see the UofM sentiment number move this market south. Not because it's important, rather just a trigger.
Yeah I say the news will bring this baby down again...its not a sustained move I don't think..
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