AUD/USD

Aussie is nearing 93"00". If it get's near enough I will probably go long with a tigher than usually SL of about 13 pips. As I am typing this it is heading north again, but if it does come back down that is my plan. Also, if it moves down fast enough, it will reach "00" in connection with a significant MA 200.

Yeah Saxon I think this is a good place to get in. I'll just go 2 lots though. It probably 'had' to hit that MA before going back up. So far London has not sold very strongly which is a good sign..

PA got accelerated at "00". Didn't lose much, had a tight stop. It was hit or miss. I'm watching a UJ setup right now

Hmm, looks like we'll see 6-7% cash rate then. Anywho, forwards are looking for 90 bps of hikes over next 12 months.

Pair closed below the 25 day MA on 4hr...draw a TL from low 3/26 to low on 4/6 and it looks like it may dip to 9264...look for a close below 64 to add further weakness and send pair to seek support from the 50MA at 9234...

Pair has been moving higher and coming down to test the 25 MA since it closed abpve on 3/29...has closed below once but the pair found support on the 100 day MA that time

current price level is strong support being a backside retest of the recently broken weekly down trend line. bears desperately need the price to trade back underneath this level, bulls need it to hold. either way it should be good for a few pips long. i have entered long here .9280

With the story about Macguire actually being covered in the news now shouldnt GOLD just go on an out of control run higher here in the coming weeks?
Ill be looking for a long down in the 60s here...

well, for me, this daily candle is a good reason NOT to go long.

by the way, I expect some pullback soon, so I am ready to close my shorts opened on Friday

here is a bigger daily.

we arrived at last top, which is a very good point to close my short and a very good for longers to enter trade.

Im waiting for a close to see how it looks but the dollar index looks weak and there should be more coverage of the Mac story as time goes by...maybe...was in the NY post this past weekend..i was just looking for it to hold a line for now...maybe this story will drive gold lower but i dont see how...

this was a very easy (=low risk) call for some couple of pips.

now closed and out for some hours

how do i post a chart like that instead of a link

when you post reply, there is a button named "Attachments".

there you can add pictures.

The euro has opened trading on Monday a full 2 cents higher than Friday's close thanks to the announcement of the details of a bailout plan for Greece over the weekend.

The euro started today's session at 1.3625, its highest level in four weeks.

After months of rumors and political maneuvering, the finance ministers of the European Monetary Union finally agreed to concrete mechanisms and quantities of money for a rescue package to be enacted if Greece can not meet its financing needs on the market.

The package would total a possible €80B worth in loans to be drawn on over a period of three years (€30B in the first year alone). Two-thirds of the loans would come from the member nations of the Euro-Zone and the remaining one-third would be provided by the International Monetary Fund.

Greece would be able to borrow these monies at interest rates below current market levels. For the time being, however, Athens is going to try and refinance its public debt on the bond market. This week it will hold another bond auction that will surely be a test to see if the market will now trim its high interest demands on Greece's public debt.

thats what i was looking for...came down touched the 40MA and closed above the line...i like Geppys thread but theres nobody in there at the moment so id thought id comment on the pair i was watching...

well. here is my chart with my line. we are below it...

for me it means that I remain bearish

because of chinas awful economy.

this thursday ,ccp announce it economy index ,cpi ppi ........

sooner or later ,ccp has to raise the rate,although economy goes badly.

because of the big inflation expectations.

i am not sure,time can tell anything ,,,,,

aud day line has just finnished 5 wave up ward.and ..............

I dunno man. That's a bit of a doji on the hourly, plus it's not unusual to see a big red daily before another run-up. Maybe you are right but the fundamentals don't exactly point to AUD taking a pounding..

In the words of our once ex great economist-prime minister.
" It's the correction we had to have "