What are we thinking long term guys say middle of the year.. Sell the AUD Buy the USD?
Thanks!
Thanks!
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Dislikedif it went down without correction so it will go up again sharply
UbIgnored
DislikedI am going to be very cautious about adding to longterm shorts too soon. Looking at the March PP it is currently at 8860, for me to trade shorts in March we need to be under that come 1 March, otherwise we will be up into the yellow highs at 9106 first. I'm not sure that the markets are going to be bearish enough to get the aud down that far by Monday.Ignored
DislikedTo get your PP, do you derive this from from supportive chart levels (2/18 and today's lows) or do you use SAR levels?Ignored
DislikedNever spent much time with Fibonacci, but this is a compelling study
http://i46.tinypic.com/2055yeq.jpgIgnored
Dislikedjust start selling again AUD/USD 0.8923...target now 0.8852 and then will wait for a bounce to re-sell
what you guys doing now ?Ignored
DislikedHi David - I think your fib is the wrong way. Should be 100% at the top of the move and 0% at the bottom - otherwise I've been drawing my fibs wrong and that wouldn't surprise me - lol.Ignored
Dislikedeur/aud broke highs, so i'll just consider aud/usd lows broke as well, going to take a napIgnored