Attachments: AUD/USD

AUD/USD

#24,721
Oct 26, 2010 3:14pm Oct 26, 2010 3:14pm

Darth Vader
| Joined Nov 2008 | Status: Trading with the force | 115 Posts

Quoting Darth Vader

Disliked

I'll be watching the close of the candle to decide whether to run or wait.

Ignored

Candle closed below TL and Bollinger middle band --> I'll wait.

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#24,722
Oct 26, 2010 3:24pm Oct 26, 2010 3:24pm

Mike Haran
| Commercial User | Joined Oct 2010 | 1,137 Posts

No harm in waiting for confirmation, as I said in some of the earlier posts, I think we might have seen the top. Buying in a down trend is never very clever.

Nice chart.

Mike Haran

#24,723
Oct 26, 2010 3:45pm Oct 26, 2010 3:45pm

Darth Vader
| Joined Nov 2008 | Status: Trading with the force | 115 Posts

Quoting Mike Haran

Disliked

No harm in waiting for confirmation, as I said in some of the earlier posts, I think we might have seen the top. Buying in a down trend is never very clever.

Nice chart.

Mike Haran

Ignored

Hi Mike,

Maybe I wasn't clear (english is not my native lang.)
Last candle closing above TL --> cut the the short trade manually
Last candle closing below TL and BMB --> wait to hit TP (I hope)

cheers

#24,724
Oct 26, 2010 4:11pm Oct 26, 2010 4:11pm

pqt
| Joined Nov 2007 | Status: Trader | 487 Posts

Quoting usapgapro

Disliked

Well I added another 5 lots at the break of .99 and got out just below yesterdays low at .9820. The old me would have stayed in and either continued to ride it down or let it take me out at break even. The new me is happy with close to $1k for 2 days work.

Ignored

Congrats. You can now put The new and improved... in your sig

#24,725
Oct 26, 2010 4:17pm Oct 26, 2010 4:17pm

pqt
| Joined Nov 2007 | Status: Trader | 487 Posts

Data release tonight should be intresting. We could have another spike and sell-off.

#24,726
Oct 26, 2010 7:11pm Oct 26, 2010 7:11pm

kfx3001
| Commercial User | Joined Sep 2010 | 88 Posts

.9820 on the down side or 12 points above market on the upside

who raped silver !

#24,727
Oct 26, 2010 7:48pm Oct 26, 2010 7:48pm

Eulogy
| Joined Jun 2008 | Status: Professional Frontrunning Troll | 2,312 Posts

Luv to see how the RBA, and indeed the CBA justify a hike now

Ozforex analyst guy prattling on Skynews just 1 hour ago about how futures and indeed his own company was pricing in a 60% chance of a rate hike in Nov.

#24,728
Oct 26, 2010 7:49pm Oct 26, 2010 7:49pm

truenoteno
| Joined Dec 2009 | Status: Trader | 28 Posts

.9750 now in range. Heading towards next price valuation of .9689, probability now medium to high.
CPI not good....hmmm....

#24,729
Oct 26, 2010 7:53pm Oct 26, 2010 7:53pm

truenoteno
| Joined Dec 2009 | Status: Trader | 28 Posts

Rate hike ? I don't think so. I think they will hold back to see what happens with Qe2 and the fed on November 2. It is not Nov4, my mistake.

#24,730
Oct 26, 2010 7:57pm Oct 26, 2010 7:57pm

jimobiwan
| Joined Apr 2010 | Status: Trader | 478 Posts

Quoting Eulogy

Disliked

Luv to see how the RBA, and indeed the CBA justify a hike now

Ozforex analyst guy prattling on Skynews just 1 hour ago about how futures and indeed his own company was pricing in a 60% chance of a rate hike in Nov.

Ignored

An overraction in the MKTs?

I have no enemy; I make Incautiousness my Enemy.