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EURUSD

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  • Post #284,481
  • Quote
  • Aug 22, 2010 12:28pm Aug 22, 2010 12:28pm
  •  malcolmb14
  • Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,718 Posts
do some aussies still have POM stamped on them ? lol
and is it true you eat Kangaroos ..lol

do not worry Americans think Canadians still live in iglooos and have no electricity !!

I am from UK but now live in canada , hung parliament sounds much like it did for UK recently , then 2 parties teamed up , got rid of Labour and this has been pretty +ve for gbp , maybe same kind of thing may happen for aud ? any talk of 2 parties hooking up for a majority government ?

Quoting Buai
Disliked
Im an Ozi...and Im laffing my head off here. The irony!

I think we are all aware that the aboriginal people of Oz have a fair bit of rich history. Perhaps not quite as much as Iraq...but the rest of us ozzies are a zillion years behind the rest of the world.
As a long term traveller, I have seen this first hand.
We (ozzies generally) tend to live 'down under'...a rock!
You just have to watch the (mostly sleeping) rednecks in Parliament slinging shit at each other non stop. Hilarius...like school kids. Actually quite sad, we pay for that waste.
As...
Ignored
Blogging daily now at www.volume.zone
  • Post #284,482
  • Quote
  • Aug 22, 2010 12:37pm Aug 22, 2010 12:37pm
  •  aspirin1975
  • | Joined Dec 2008 | Status: Member | 42 Posts
Quoting fontu
Disliked
Hope doing well all . Though may not trade well next also for my local trouble yet checking to be updated atleast .

There seems lots of changes last week , pa tried to shortcut & success breaking the first hand confirmation resume downtrend /change medium term uptrend by 1.2720 break in eu , next 2610 & finally 2451 still there though and before that 1.2869 & 2938 ( 200ma h1&H4tf ) still chances to test before down if .

fontu
Ignored
I am seeing a strong down trend in eu, first 1.2516 second is 1.2378 third is 1.2100 and fourth point is 1.1804. Price will decide where it will go.
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  • Post #284,483
  • Quote
  • Edited at 2:11pm Aug 22, 2010 1:46pm | Edited at 2:11pm
  •  fontu
  • Joined Mar 2008 | Status: Name real with real own way | 16,364 Posts
Quoting aspirin1975
Disliked
I am seeing a strong down trend in eu, first 1.2516 second is 1.2378 third is 1.2100 and fourth point is 1.1804. Price will decide where it will go.
Ignored
Ok ,thanks agree for short term at least till final confirmation go straight down .

short term may test tl at 1.2767/1.2814 or even more mentioned before 1.2869 & 2938 ( will short at all those levels if get time to do so ) providing it continue down to the bottom trading range daily tf and at the same time final confirmation trend change breaking at 2451. Majore sr 4/8 MM daily should not that easy to break & already unsucessfull trying once .
fontu
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  • Post #284,484
  • Quote
  • Aug 22, 2010 2:01pm Aug 22, 2010 2:01pm
  •  Masrim
  • | Joined Nov 2009 | Status: Member | 581 Posts
I'm gonna be short scalping Aussie equities tonight. Fun!
  • Post #284,485
  • Quote
  • Aug 22, 2010 2:06pm Aug 22, 2010 2:06pm
  •  DMA Trader
  • Joined Nov 2008 | Status: Full Time Trader | 8,075 Posts
Quoting Masrim
Disliked
I'm gonna be short scalping Aussie equities tonight. Fun!
Ignored
why Aussie equities ? they are the best performer
Rule No.1: Never lose money. Rule No.2: Market is always right !
  • Post #284,486
  • Quote
  • Aug 22, 2010 2:06pm Aug 22, 2010 2:06pm
  •  pip_daddy
  • | Joined Jun 2010 | Status: Member | 282 Posts
I'm gonna short this pair like a mofo this week. Breakout limit order followed by stacking on the momentum. Then just hold it for days or even weeks. Big bucks.....maybe.
  • Post #284,487
  • Quote
  • Aug 22, 2010 2:13pm Aug 22, 2010 2:13pm
  •  mfoste1
  • Joined Jun 2009 | Status: A slave to the tape | 4,538 Posts
Quoting pip_daddy
Disliked
I'm gonna short this pair like a mofo this week. Breakout limit order followed by stacking on the momentum. Then just hold it for days or even weeks. Big bucks.....maybe.
Ignored
http://www.forexfactory.com/showpost...stcount=284506

so you're not buying on the retrace?
  • Post #284,488
  • Quote
  • Aug 22, 2010 2:15pm Aug 22, 2010 2:15pm
  •  Masrim
  • | Joined Nov 2009 | Status: Member | 581 Posts
Quoting DMA Trader
Disliked
why Aussie equities ? they are the best performer
Ignored
They should be the source of weakness today.
  • Post #284,489
  • Quote
  • Aug 22, 2010 2:16pm Aug 22, 2010 2:16pm
  •  DMA Trader
  • Joined Nov 2008 | Status: Full Time Trader | 8,075 Posts
Quoting Masrim
Disliked
They should be the source of weakness today.
Ignored
why ?
Rule No.1: Never lose money. Rule No.2: Market is always right !
  • Post #284,490
  • Quote
  • Aug 22, 2010 2:17pm Aug 22, 2010 2:17pm
  •  PayTheLimit
  • Joined Aug 2009 | Status: Ride the Pig | 31,000 Posts
Fair amount of data this week. Also a fair amount of bearishness about. Looks like an interesting week ahead.
Look Sharp/Trade Tight
  • Post #284,491
  • Quote
  • Aug 22, 2010 2:17pm Aug 22, 2010 2:17pm
  •  Masrim
  • | Joined Nov 2009 | Status: Member | 581 Posts
Quoting DMA Trader
Disliked
why ?
Ignored
Election story.
  • Post #284,492
  • Quote
  • Aug 22, 2010 2:21pm Aug 22, 2010 2:21pm
  •  DMA Trader
  • Joined Nov 2008 | Status: Full Time Trader | 8,075 Posts
Quoting Masrim
Disliked
Election story.
Ignored
you mean hung parliament ?
It's already on CNBC. AUD sell-off coming ))
Well that' why we don't care about that stuff.
We use charts.

GBP was 1000 pips below current level after "hung parliament" begin work
you know everybody knows this news.
Rule No.1: Never lose money. Rule No.2: Market is always right !
  • Post #284,493
  • Quote
  • Aug 22, 2010 2:29pm Aug 22, 2010 2:29pm
  •  PayTheLimit
  • Joined Aug 2009 | Status: Ride the Pig | 31,000 Posts
Just a heads up, there is talk of a large (AUD 12bn) merger in the works between SAB Miller and Fosters...
Look Sharp/Trade Tight
  • Post #284,494
  • Quote
  • Edited at 2:48pm Aug 22, 2010 2:37pm | Edited at 2:48pm
  •  pip_daddy
  • | Joined Jun 2010 | Status: Member | 282 Posts
Quoting mfoste1
Disliked
http://www.forexfactory.com/showpost...stcount=284506

so you're not buying on the retrace?
Ignored
What does a/u pair have to do with it? Epic fail on the attempted ambush but it's the effort that counts....I guess!
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  • Post #284,495
  • Quote
  • Aug 22, 2010 2:47pm Aug 22, 2010 2:47pm
  •  mfoste1
  • Joined Jun 2009 | Status: A slave to the tape | 4,538 Posts
Quoting pip_daddy
Disliked
What does a/u pair have to do with it? Epic fail on the attempted ambush but it's the effort that counts....I guess!
Ignored

epic fail? ambush? what?

au and eu are risk correlated........
  • Post #284,496
  • Quote
  • Aug 22, 2010 2:51pm Aug 22, 2010 2:51pm
  •  pip_daddy
  • | Joined Jun 2010 | Status: Member | 282 Posts
Quoting mfoste1
Disliked
epic fail? ambush? what?

au and eu are risk correlated........
Ignored

Then jump all in. Go for it. You know your right. It can't lose. Do it!
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  • Post #284,497
  • Quote
  • Aug 22, 2010 2:52pm Aug 22, 2010 2:52pm
  •  mfoste1
  • Joined Jun 2009 | Status: A slave to the tape | 4,538 Posts
Quoting pip_daddy
Disliked
Then jump all in with 10% of your capital. That is what a real man would do.
Ignored

what the hell are you talking about? reference your post to something so I know.....
  • Post #284,498
  • Quote
  • Aug 22, 2010 2:54pm Aug 22, 2010 2:54pm
  •  pip_daddy
  • | Joined Jun 2010 | Status: Member | 282 Posts
Quoting mfoste1
Disliked
what the hell are you talking about? reference your post to something so I know.....
Ignored
Ha.....just the mere fact you would look up previous posts to try ambush me is hilarious. I'm done with you!
  • Post #284,499
  • Quote
  • Aug 22, 2010 2:57pm Aug 22, 2010 2:57pm
  •  mfoste1
  • Joined Jun 2009 | Status: A slave to the tape | 4,538 Posts
Quoting pip_daddy
Disliked
Ha.....just the mere fact you would look up previous posts to try ambush me is hilarious. I'm done with you!
Ignored

i wasnt trying to "ambush" you as you so eloquently put it....i was trying to help you by pointing something out.....
  • Post #284,500
  • Quote
  • Aug 22, 2010 3:02pm Aug 22, 2010 3:02pm
  •  malcolmb14
  • Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,718 Posts
Quoting mfoste1
Disliked
http://www.forexfactory.com/showpost...stcount=284506

so you're not buying on the retrace?
Ignored
The s/r areas of eu right now are 1.2730 / 1.2820 / 1.2660 ( major one on daily )

1.2660 breaks then we see 1.2500 . This could happen in a session as current 21day ave range eu is 160 pip

wave 3 is setting up on many things
eu
dx
dxd
ING (stock)
dj
es

to many charts all look the same for wave 3 downwards to not happen

es 1050 maybe lower
Blogging daily now at www.volume.zone
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