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AUD/USD

  • #26,521
  • Jan 4, 2011 8:59am Jan 4, 2011 8:59am
If AU (pls check her RSI) is strong enough... she will bring u down safely..
  • #26,522
  • Jan 4, 2011 9:01am Jan 4, 2011 9:01am
Short @ 1.0504
Target @ .99930

Hope I'm not late for the party!

Happy New Year and pips to all!
  • #26,523
  • Jan 4, 2011 9:05am Jan 4, 2011 9:05am
I'm short 1.0180 .. The spike above 1.02 was on low volume, couldn't take it too seriously.
  • #26,524
  • Jan 4, 2011 9:05am Jan 4, 2011 9:05am
I think there's an invisible wall between 1.0040 - 1.0042
  • #26,525
  • Jan 4, 2011 9:06am Jan 4, 2011 9:06am
Quoting stock
I think there's an invisible wall between 1.0040 - 1.0042 =))
It's in the middle of an old gap.
  • #26,526
  • Jan 4, 2011 9:17am Jan 4, 2011 9:17am
Quoting VennD
Hi ! thanks 2u too..whole nite ws thinkn how u came out wit tht long term projections w/o seeing her daily moves..but never mind..juz do wt u must to share.

fyi ...my projections is base after seeing her daily moves.

Hi Venn

Thought u was being sarky initially!..when that 0.8600 projection was quoted.

Daily time-frame is another ball game..on a daily time-frame, this is clearly on the "One Way Street" to 0.8600-0.8900

Cannot see any other path for this pair, especially after breaking historics and on THIN volume due to festivity...now the big players are coming back to work, one can expect "major" corrective periods, i.e., 3-5 declining moves circa 300 pip per decline.

Target remains 0.8600-0.8900
  • #26,527
  • Jan 4, 2011 9:22am Jan 4, 2011 9:22am
Quoting Chillypiper
Short @ 1.0504
Target @ .99930

Hope I'm not late for the party!

Happy New Year and pips to all!
welcome....i wonder ..where hv u been, my friend......
  • #26,528
  • Jan 4, 2011 9:24am Jan 4, 2011 9:24am
Quoting ely
Hi Venn

Thought u was being sarky initially!..when that 0.8600 projection was quoted.

Daily time-frame is another ball game..on a daily time-frame, this is clearly on the "One Way Street" to 0.8600-0.8900

Cannot see any other path for this pair, especially after breaking historics and on THIN volume due to festivity...now the big players are coming back to work, one can expect "major" corrective periods, i.e., 3-5 declining moves circa 300 pip per decline.

Target remains 0.8600-0.8900
Thanks 4d info...
  • #26,529
  • Jan 4, 2011 9:24am Jan 4, 2011 9:24am
Quoting WallStBully
PAST PERFORMANCE DOES NOT DICTATE FUTURE RESULTS !!! in case u didnt know,....
Definitely know that, thanks for the reminder!
When negative movement indicators, like China's inflationary figures, Interest rate hikes, etc...have NO impact & are done in a discreet manner...you know the correction will be painfully fast!

Remember, WHAT GOES UP, MUST COME DOWN!!! in case u didn't know...
  • #26,530
  • Jan 4, 2011 9:30am Jan 4, 2011 9:30am
Gorbaciov, Tear down this wall!
  • #26,531
  • Jan 4, 2011 9:36am Jan 4, 2011 9:36am
Quoting VennD
welcome....i wonder ..where hv u been, my friend......
Thanks VennD, had a very shitty Dec. and was very hesitant during the holidays (weird volatility) and didn't enter the market.
Caught up on the sleep and finished a good book though (Fooled by Randomness).

Have a great year sir, lets hope gold takes a big dump today!

Cheers!
  • #26,532
  • Jan 4, 2011 9:40am Jan 4, 2011 9:40am
FYI Swissie in High Base. Dollor has some punch today.

Carry on!
  • #26,533
  • Jan 4, 2011 9:56am Jan 4, 2011 9:56am
One of the best things you can do is "Run when you see them running!"...problem is, we can't see them, even though most have probably left or will be leaving the building as we speak....BUT you can prepare yourself by watching the VIX, when FEAR grips the market, everybody tends to run in the same direction!

Target 0.8600-0.8900
  • #26,534
  • Jan 4, 2011 9:57am Jan 4, 2011 9:57am
bought @ 1.00385
  • #26,535
  • Jan 4, 2011 10:03am Jan 4, 2011 10:03am
Quoting redsword11
bought @ 1.00385
Me

1.0031

Put your hands in the air , Give me all your money ! !
  • #26,536
  • Jan 4, 2011 10:08am Jan 4, 2011 10:08am
Quoting Ma Baker
Me

1.0031


Why did you buy it for?
  • #26,537
  • Jan 4, 2011 10:12am Jan 4, 2011 10:12am
Correction should be around 1.0080....
  • #26,538
  • Jan 4, 2011 10:13am Jan 4, 2011 10:13am
Quoting stock
Why did you buy it for?

Cause of PROFIT !

Put your hands in the air , Give me all your money ! !
  • #26,539
  • Jan 4, 2011 10:13am Jan 4, 2011 10:13am
Quoting redsword11
bought @ 1.00385
thts ok...ur on the 15m tf, right ?
  • #26,540
  • Edited 10:32am Jan 4, 2011 10:17am | Edited 10:32am
Quoting stock
Why did you buy it for?
They're scalpers on 15m tf ...just like me. Don't u worry STOCK. They know what they're doing. Remember the snake's area ? Pull up and down ? To MAXIMIZE PROFITS...That is the answer and thats wt scalpers do.
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