AUD/USD

actually I m hoping ausd-us will rise....

Do anyone could predict about non farming payrols at 2nd of july? it make me worry , because i open buy ausd-us.. hoping the price will increase... and won't touch 081xx

i just love the way this pair trades sometimes

Possible announcement this afternoon on the mining tax, could see a rally in the AUD, targeting a rise to .85 again, going long now

Looking at he 5M chart, it looks as though a head and shoulders is forming the second shoulder to finish the current bounce and end us back around .8332.

im waiting until .81s

So am I, more or less, although I am thinking more of around .80s.

I just had not really been expecting the current bounce.

im short since .869 about 4 days ago am still looking for the lows around .818/.826 to take profit.

I am watching for rebound at current level and if it breaks .846 then i will be watching for long entries

So who is still short on here ?

i'm still short, 138 pips + , and counting

http://askafo.com/july2010p/172010au-sdegh5.PNG

a head and shoulders was forming nicely sorry meant to say on the 15 min to the downside all be it not after a ralley which would have made it more important. the formation was stunted due to a worse than expected claims figure id still like to short more so my eyes are on the ISM and home sales coming in, in about an hour good luck these reaction trades

alright lads, im thinking of taking half profits now when i should of really taken it at 61.8 fibo of the frevious swin high it hit the target i said in the thread a few days ago and more sum, i was expecting happy days, maybe a move down to the 76.4 fibo but its come and im stil expecting this to stay a bearish market in the medium to long term. any one got any ideas im getting shaky and want to take half and set the stop for the rest at a close above 8550 what do u think any one in here got sum ideas

Looks like a double top, which may result in bears during the NY session, maybe back to the 0.83xx levels, any takers?
Edit: Or Not

12 MINUTES A BIT OF NEWS FOR ALL? dont know if it will make anything happen maybe a few reactions bound to be volitile, but most eyes are on nonfarms tommorow which should reall be a lagging indicator but through recent times has been acting like a leading. as i said i shorted the dow which is very closely related as are all indicies ftse etc due to the guage on risk at the moment i got whipped out of 2 shorts for a loss as i said trying to short dow at 9837 in my prevous post, last night we got another chance and im short and into the money, i took half profits at 9700 and iv put the rest at break even, all the other averages S&P ftse 100 dow are now in the grip of a bear market as in, broke there previous longterm swing low aswell as having a head and shoulders formation we are only waiting for the nikkie to drag us further down i hope. i want to stay long term bear on all indicies and will hope the risk sensative AUD USD will do the same

bad news for long possitions maybe, bad news for america does not always mean a good outcome on the long side of the aud. when its bad news in production, its bad news for the dow which also means it can be bad news for the Aussi $

15 minute beearish trendline keep your eye on it will it break

The ratio of buyers to sellers for the AUDUSD is 1.44

This signifies that there are 1.44 buyers for every 1 seller.

Retail positioning is a contrarian indicator so further downside is expected.
http://i260.photobucket.com/albums/i...20100701071831

hope your right wana target down too

im hoping its gona bounce from around 8350 to 8430 and narrowing until we see some sort of resumtion of a trend hopefully down but u never know trade either side in the short term but always try getting in on the long term when u can, as they say dont marry one side always look for the short and the long

might but=y in a minute if it gets down to about the 8355 60 are with a very small stop and target around 8400 8430 if im lucking its a gamble trade so keep the stop small