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AUD/USD

  • #21,781
  • May 20, 2010 12:41am May 20, 2010 12:41am
Quoting dongsky
i'm expecting a big swing up
Im with u now. After 8325 was taken out. Though it may not gather much momentum tonight. We'll see.
  • #21,782
  • May 20, 2010 12:41am May 20, 2010 12:41am
Quoting Clouds
Unlikely, IMO. If that TL breaks, then sell on re-test.
yep you're right, i will be eyeing that tl for now but i think its on a small or minor correction at the moment.
Success consists of going from failure to failure without loss of enthusiam
  • #21,783
  • May 20, 2010 12:42am May 20, 2010 12:42am
Quoting Clouds
Im with u now. After 8325 was taken out. Though it may not gather much momentum tonight. We'll see.
way to go my friend
Success consists of going from failure to failure without loss of enthusiam
  • #21,784
  • May 20, 2010 12:44am May 20, 2010 12:44am
unemployment claim (US) at 8:30 i believe will not be as bad as expected but it will push aud upward though, just my 2 cents.
Success consists of going from failure to failure without loss of enthusiam
  • #21,785
  • May 20, 2010 12:53am May 20, 2010 12:53am
Quoting Geppyg
The two values in mind would be

1.0.8362
1.0.8491

I am not expecting any higher than this if 0.8491 is broken welcome 0.9000 again.

This time I am expecting the TL shown in my charts to be broken....

Time will tell either ways Aussie is my favourite pair to make money on out of all pairs as risk and reward is great.

Have a lovely day

GeppyG
i always refer my reasons of entry and exit with the charts price action and tried my best not to predict her (market) for now i am just following her where ever she goes and always feel her. I just need to be very quick in reacting whatever signs she will give me ; if my call is correct i normally ride the bus as far as she goes until a sign of exaspiration shows sign of reversal or correction, but if i made a wrong call, again i quickly bailout my position (cut losses to its minimum) and sit and wait for another possible and profitable entry

i don't know if the price will go as far as 9000 zone or not and i don't waste my time forecasting and predicting but i prefer following price action, watching her momentum and volatility... reading signs along the way and also Trend lines (support and resistance)

good on you mate, be safe!
Success consists of going from failure to failure without loss of enthusiam
  • #21,786
  • May 20, 2010 12:56am May 20, 2010 12:56am
There is a strong resistance at 8380.
Success consists of going from failure to failure without loss of enthusiam
  • #21,787
  • May 20, 2010 1:03am May 20, 2010 1:03am
it's retesting again on my 5 min window, but seems like the momentum is slowing down
Attached Image (click to enlarge)
Click to Enlarge Name: updated.jpg Size: 104 KB
Success consists of going from failure to failure without loss of enthusiam
  • #21,788
  • May 20, 2010 1:06am May 20, 2010 1:06am
Quoting Geppyg
My friend,

All I have done is given you my opinion.
My Entries are few but based on PA not on forecasts..
It is good to have an overview on a currency these are my thoughts...

An Example of a trade is as below..on the euro
Have a look at my thread and my charts..
I did not place a single trade during the election phase...but my charts tell my direction and Price action tells me entry.

Have a Good Day
Geppyg
huh, i'm so sorry my friend i did not mean to offend you in anyway i was just trying to have a friendly chat but i didn't mean really to be bragging

yes you are correct on your analysis and i respect you for that. i always trading eur/aud pair but i don't feel like playing the pair at the moment because it's spiky

have a good trading my friend!
Success consists of going from failure to failure without loss of enthusiam
  • #21,789
  • May 20, 2010 1:14am May 20, 2010 1:14am
Quoting Geppyg
The two values in mind would be

1.0.8362
1.0.8491

I am not expecting any higher than this if 0.8491 is broken welcome 0.9000 again.

This time I am expecting the TL shown in my charts to be broken....

Time will tell either ways Aussie is my favourite pair to make money on out of all pairs as risk and reward is great.

Have a lovely day

GeppyG

1st target hit @ 0.8362 to the Point..( For scapers a beautiful 20 pips)

For me a 100 pips as I took the entry @ 265
Have a lovely Day
Geppyg
Attached Image (click to enlarge)
Click to Enlarge Name: aud Trade.jpg Size: 6 KB
Let Price determine your future!
  • #21,790
  • May 20, 2010 1:17am May 20, 2010 1:17am
i had squared all positions, it is changing wind now. if the momentum will be maintained and volatility still active i will be preparing my shorts. for now i will be sitting on my fingers
Success consists of going from failure to failure without loss of enthusiam
  • #21,791
  • May 20, 2010 1:21am May 20, 2010 1:21am
It's time...
  • #21,792
  • May 20, 2010 1:27am May 20, 2010 1:27am
Quoting osceiv2
It's time...
not yet hehehehe control your itchty fingers hehehe
Success consists of going from failure to failure without loss of enthusiam
  • #21,793
  • May 20, 2010 1:35am May 20, 2010 1:35am
Quoting dongsky
not yet hehehehe control your itchty fingers hehehe

so when's the best time you say?
  • #21,794
  • May 20, 2010 1:35am May 20, 2010 1:35am
Quoting dongsky
i had squared all positions, it is changing wind now. if the momentum will be maintained and volatility still active i will be preparing my shorts. for now i will be sitting on my fingers
i closed . short scalp.
  • #21,795
  • May 20, 2010 1:39am May 20, 2010 1:39am
Quoting podrilla
so when's the best time you say?
if it breaks 8330 i believe but don't take it as an advice but just for your guide

then i will short if it breaks 8295

just my 2 cents
Success consists of going from failure to failure without loss of enthusiam
  • #21,796
  • May 20, 2010 1:40am May 20, 2010 1:40am
Quoting Clouds
i closed . short scalp.
i'm just eyeing 2 pairs at the moment (aud/usd & euro/usd) but still not so good to trade
Success consists of going from failure to failure without loss of enthusiam
  • #21,797
  • May 20, 2010 1:44am May 20, 2010 1:44am
0.8289 the 200sma Weekly, we could have a (temporary ) bounce, on profit taking ? ...
Getting it right is NOT as important as not getting it wrong.
  • #21,798
  • May 20, 2010 1:45am May 20, 2010 1:45am
uk still in bad shape but not as bad as expected - retail sales m/m = 0.3% cable is currently ranging.
Success consists of going from failure to failure without loss of enthusiam
  • #21,799
  • May 20, 2010 1:48am May 20, 2010 1:48am
Quoting fxswing
0.8289 the 200sma Weekly, we could have a (temporary ) bounce, on profit taking ? ...
it looks like a possible bounce but for now, i am for a quick pips hehehe, it looks like it will resume downward if it will close below 8325 on 5min window. preparing for short
Success consists of going from failure to failure without loss of enthusiam
  • #21,800
  • May 20, 2010 1:57am May 20, 2010 1:57am
just place short order at 8310 if it won't be filled in 10 minutes i will cancel
Success consists of going from failure to failure without loss of enthusiam
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