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AUD/USD

  • #36,541
  • Nov 28, 2011 4:36am Nov 28, 2011 4:36am
Quoting redsword11
Attachment


filled

Attached Image (click to enlarge)
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closed buy, cut earlier sells, resold
  • #36,542
  • Nov 28, 2011 4:46am Nov 28, 2011 4:46am
Quoting happytrader
this damn rally doesn't seem to have any retracement, i wanna ride this... am i TOO LATE?
wouldn't recommend it. unless you're playing small units / scalping.
Buy! Buy! Sell! Sell! Just make sure you have proper MM!
  • #36,543
  • Nov 28, 2011 5:18am Nov 28, 2011 5:18am
0.9960 is a strong resistance..
if broken parity..


that should be a cue to scalp
  • #36,544
  • Nov 28, 2011 5:41am Nov 28, 2011 5:41am
gona transfer load of capital into the account n short it till hits new low.
  • #36,545
  • Nov 28, 2011 5:57am Nov 28, 2011 5:57am
Quoting genisb
gona transfer load of capital into the account n short it till hits new low.
is that like gambling? what i used to do until i ...went broke...
  • #36,546
  • Nov 28, 2011 5:57am Nov 28, 2011 5:57am
Quoting redsword11
Attachment


closed buy, cut earlier sells, resold

Attached Image (click to enlarge)
Click to Enlarge Name: a.gif Size: 9 KB



closed lower sell earlier, locked upper


scaled in further for heavy scalp
  • #36,547
  • Nov 28, 2011 6:00am Nov 28, 2011 6:00am
Quoting redsword11
Attachment


closed lower sell earlier, locked upper


scaled in further for heavy scalp
Can i ask you ? Do you always only trade from 5-15 min charts,if so how do you deal with the news ,or just trading ac certain hour.thx
  • #36,548
  • Nov 28, 2011 6:21am Nov 28, 2011 6:21am
Quoting pinkiaiii
Can i ask you ? Do you always only trade from 5-15 min charts,if so how do you deal with the news ,or just trading ac certain hour.thx


best if you came to thread for a visit, you'll find it


l read nothing fundie and pay no attention to any news whatsoever, l only know when news is released


.... out heavy scalp btw
  • #36,549
  • Nov 28, 2011 6:24am Nov 28, 2011 6:24am
Opened buy trade on break of 4 hour channel, with sells still open, targetting 1.0050 where a pending sell is waiting. Goodnight and pips to us all.
Come with me if you want to live....
  • #36,550
  • Nov 28, 2011 6:31am Nov 28, 2011 6:31am
Quoting happytrader
is that like gambling? what i used to do until i ...went broke...
sorry dood, i dont gamble, s i mentioned before, 99 is my first target and parity is the ultimate for this bounce, so it would be safe to say that this re-bounce is now officially finish if not very close anyway, and now its time to fill the .98 gap, once .98 gap is fill downtrend continues...transfer money is just to for security, from my study of the stock market, tomorrow will continue to bounce, scare that might also effect forex market, just incase it reach slightly above parity and wipe me out..

Just my opinions...
  • #36,551
  • Nov 28, 2011 7:18am Nov 28, 2011 7:18am
NY trader might push it above parity just to stop hunt retail seller..be careful with short then ,but looks tempting to short at 1.0020 ? for 30 - 50 pips..
  • #36,552
  • Nov 28, 2011 8:05am Nov 28, 2011 8:05am
eur still have push up not yet for short
be patient, self-belief and discipline... stay focus...
  • #36,553
  • Nov 28, 2011 8:18am Nov 28, 2011 8:18am
Quoting Petar_Serbia
Hello guys,
I took 2 buy setups on AUDUSD,see more >

http://www.youtube.com/watch?v=PGSXA9u3jck


Cheers
Petar

Hello guys,
Second target also closed in TP (+240 pips) and 3 % on balance...

Cheers
Petar
"Buy on fear, sell on greed !!!
  • #36,554
  • Nov 28, 2011 9:21am Nov 28, 2011 9:21am
1.0150....Maybe even a touch of 1.02 on the horizon.... check out the daily...

Add the fib for the whole thing... 1.07X - .9663
  • #36,555
  • Nov 28, 2011 9:41am Nov 28, 2011 9:41am
On Daily Chart, I am seeing possible reversal from downtrend to uptrend very soon all thanks to the stalling at 0.9700 for 3 days last week and for today's rally Daily MACD is beginning to flatline (2-3 more days).

Once that is confirmed, of course, its uptrend obviously.
  • #36,556
  • Nov 28, 2011 9:53am Nov 28, 2011 9:53am
I see a reversal to .97 level , strong resistance at parity. i.e nothing backing up this rally.
  • #36,557
  • Nov 28, 2011 10:00am Nov 28, 2011 10:00am
Quoting rnegoro
I see a reversal to .97 level , strong resistance at parity. i.e nothing backing up this rally.
Parity is indeed the top of the downtrend channel and therefore very strong resistance.

Quote
Italy credit rating cut to BB from BB+ by Egan-Jones Ratings; first of many to come from the ratings agencies in coming weeks, IMO.
Who is this Egan-Jones Ratings anyways? a very small voice in the forest?
if it is S&P or Moody or Fitch, it would be big
  • #36,558
  • Nov 28, 2011 11:33am Nov 28, 2011 11:33am
USD/CHF slightly higher, take that with a grain of salt.
  • #36,559
  • Nov 28, 2011 11:37am Nov 28, 2011 11:37am
Short
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  • #36,560
  • Nov 28, 2011 11:50am Nov 28, 2011 11:50am
I personally wanna short AUDUSD on account of bearish hammer formed indicating reversal downward.

However, I dont wanna overcook it.
Market is too bullish. let it run amock and wait for tommorrow's EFSF detail risk event for direction.
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