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AUD/USD

  • #30,701
  • Jul 5, 2011 4:11pm Jul 5, 2011 4:11pm
Quoting Chillypiper
Yes sir it's a toss up S&P choppy too with Portugal news settling who know what Asia will do A/U daily has good bounce at 23.6 fib though, and would like to hang on to one of these scalps......
Checking it like this CP...

Denial @ previously supported range, clearly viewed on the M30 chart...

Possible target of support on the H4...

Not one much for guessing tops n bottoms, it will still just be, a matter of following the flow of dough...



M30
H4
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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #30,702
  • Jul 5, 2011 4:17pm Jul 5, 2011 4:17pm
Quoting Magix
Checking it like this CP...

Denial @ previously supported range, clearly viewed on the M30 chart...

Possible target of support on the H4...

Not one much for guessing tops n bottoms, it will still just be, a matter of following the flow of dough...



M30
H4
Nice ! have the same levels also using the 1.0714 as my backstop for scalpen till we get a direction...Thanks as always for your input!
  • #30,703
  • Edited 4:21pm Jul 5, 2011 4:18pm | Edited 4:21pm
...stuck at the zip... probably the pants is wet by now..
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  • #30,704
  • Jul 5, 2011 4:23pm Jul 5, 2011 4:23pm
Not to good of entry like Mr. VennD (this time..LOL ) and slow zone for time of day..But here's my chart...
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  • #30,705
  • Jul 5, 2011 4:35pm Jul 5, 2011 4:35pm
Quoting VennD
...stuck at the zip... probably the pants is wet by now..
Wish someone would let that FLY Open!
  • #30,706
  • Edited 4:49pm Jul 5, 2011 4:35pm | Edited 4:49pm
... Just kidding .. ok !
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  • #30,707
  • Jul 5, 2011 4:43pm Jul 5, 2011 4:43pm
She's getting ready to POP!
Attached Image (click to enlarge)
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  • #30,708
  • Jul 5, 2011 5:01pm Jul 5, 2011 5:01pm
...at this hour is normal... slow..Aust Session... wait few more hours...
  • #30,709
  • Jul 5, 2011 5:13pm Jul 5, 2011 5:13pm
Quoting VennD
...at this hour is normal... slow..Aust Session... wait few more hours...
Definitely! I've been here for 12 of the last 16 hrs I think but that last move a couple hours ago on the usd crosses got me all fired up...Scalpen now is like watching paint dry!...My eyes can't see the time any more....LOL

I need to get a life, but I love this shit! ...Well atleast today I do....
  • #30,710
  • Jul 5, 2011 5:38pm Jul 5, 2011 5:38pm
AUD/USD @1.0690

Not much action going on in this pair.
Talk about RBA leaving int rates on hold for the remainder of this year, yet some economists still think up.
(But they are the ones who never trade so waste of space those geeks.)
I believe that the next INT rate move will be down not up- Even RBA are revising down growth forecasts.
Some will argue that economy is strong and employment is surging ahead.
well let this be known that many ppl are starting to have more than one job to make ends meet. So is that double accounting? Who cares but there is a crisis looming and the Govt's new taxes may just be the tipping point.

For today 1.0650 has to hold - Failure and we can be looking back at 1.0400 again and possibly 1.0100

Still a seller into the rally with an overall short position bias

Good luck
  • #30,711
  • Jul 5, 2011 5:52pm Jul 5, 2011 5:52pm
Quoting Chillypiper
Definitely! I've been here for 12 of the last 16 hrs I think but that last move a couple hours ago on the usd crosses got me all fired up...Scalpen now is like watching paint dry!...My eyes can't see the time any more....LOL

I need to get a life, but I love this shit! ...Well atleast today I do....
..if u love her... then .... u probbly will hv 2 wives 2moro.... r u ready ?
  • #30,712
  • Edited 8:30pm Jul 5, 2011 5:54pm | Edited 8:30pm
time to buy?
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  • #30,713
  • Jul 5, 2011 5:57pm Jul 5, 2011 5:57pm
Quoting VennD
..if u love her... then .... u probbly will hv 2 wives 2moro.... r u ready ?
Ummmm, no more wife's for me VennD, but if shes smoken hot and rich I'd like to rent her for a while... And O-ya and a sister too.....
  • #30,714
  • Jul 5, 2011 6:00pm Jul 5, 2011 6:00pm
Quoting Kas1
time to buy?
... if i were u ...and hvn't bought... wait for it to pop which direction.. need to be alert also.. AU likes very much to give fake bananas, amigos..
  • #30,715
  • Jul 5, 2011 6:05pm Jul 5, 2011 6:05pm
Quoting VennD
... if i were u ...and hvn't bought... wait for it to pop which direction.. need to be alert also.. AU likes very much to give fake bananas, amigos..
aud is bearish i think
  • #30,716
  • Jul 5, 2011 6:10pm Jul 5, 2011 6:10pm
Quoting VennD
... if i were u ...and hvn't bought... wait for it to pop which direction.. need to be alert also.. AU likes very much to give fake bananas, amigos..
yeah i should of worded that better...just thinkn its almost time to look for buyers, close to my demand area, maybe theyll show up for london
  • #30,717
  • Edited 7:31pm Jul 5, 2011 7:22pm | Edited 7:31pm
.... If big gamers don't come ... probbly only this.. we can eat today.... No Good business !
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  • #30,718
  • Jul 5, 2011 7:29pm Jul 5, 2011 7:29pm
If you don't mind we asking Venn, what is your reason behind holding your long position in AUDUSD?

I'm not trying to be rude, just curious.

Cheers
  • #30,719
  • Jul 5, 2011 7:39pm Jul 5, 2011 7:39pm
Quoting Mitchoss
If you don't mind we asking Venn, what is your reason behind holding your long position in AUDUSD?

I'm not trying to be rude, just curious.

Cheers
Long targeting 1.103 , Short targeting 1.02.. coz my brain says ... ShortTerm - Bearish/Trending , LongTerm - Bullish.
  • #30,720
  • Jul 5, 2011 7:45pm Jul 5, 2011 7:45pm
Ready to see what the next few sessions entail,...Not a bad day for the bully,...!!! it only gets better,...!!!

Long aud/usd 1.0702

target 1.10
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