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AUD/USD

  • #37,621
  • Dec 13, 2011 4:09pm Dec 13, 2011 4:09pm
closed scalp for +17
Have I got something on my face, SOLDIER?
  • #37,622
  • Dec 13, 2011 5:16pm Dec 13, 2011 5:16pm
Ahoy waking up greeted by parity

Good chance this Asian session is going to be a retracement/short term uptrend. Waiting for long opportunity to scalp for a little momentum burst
The tone of your words reflects the quality and result of your trading ;-)
  • #37,623
  • Dec 13, 2011 5:41pm Dec 13, 2011 5:41pm
Quoting isaacyassar
Ahoy waking up greeted by parity

Good chance this Asian session is going to be a retracement/short term uptrend. Waiting for long opportunity to scalp for a little momentum burst
I'm not too sure.. I'm not personally convinced. My thoughts are if any bounce, we'll only see .005 again, before a stronger move back to parity.

I've been watching the Aussie all night (night shift last night hehe) and there is barely a hint of bull movement.
  • #37,624
  • Dec 13, 2011 5:54pm Dec 13, 2011 5:54pm
shorts are locked in with a few pips profit...let them ride... however, i we could get a bounce :-(

but overall i think we will be testing 9700 this year.

Quoting benjamf13
I'm not too sure.. I'm not personally convinced. My thoughts are if any bounce, we'll only see .005 again, before a stronger move back to parity.

I've been watching the Aussie all night (night shift last night hehe) and there is barely a hint of bull movement.
  • #37,625
  • Dec 13, 2011 6:07pm Dec 13, 2011 6:07pm
Quoting benjamf13
I'm not too sure.. I'm not personally convinced. My thoughts are if any bounce, we'll only see .005 again, before a stronger move back to parity.

I've been watching the Aussie all night (night shift last night hehe) and there is barely a hint of bull movement.
Now it seems like Asian bears want to breach the lowest low around 0.9980. If they succeed, I'll join them. Question is: won't anyone challenge them?
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The tone of your words reflects the quality and result of your trading ;-)
  • #37,626
  • Dec 13, 2011 6:20pm Dec 13, 2011 6:20pm
Quoting mpurdy1973
shorts are locked in with a few pips profit...let them ride... however, i we could get a bounce :-(

but overall i think we will be testing 9700 this year.
if the downward pressure keeps, I'm going to be bold, and call a test of the Oct lows of 95!
  • #37,627
  • Dec 13, 2011 6:51pm Dec 13, 2011 6:51pm
Asian bears 1st attempt failed. It's now a double bottom with a higher low. Some bulls are defending 0.9980, perhaps they want a retracement for the downtrend
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The tone of your words reflects the quality and result of your trading ;-)
  • #37,628
  • Dec 13, 2011 6:55pm Dec 13, 2011 6:55pm
Quoting isaacyassar
Asian bears 1st attempt failed. It's now a double bottom with a higher low. Some bulls are defending 0.9980, perhaps they want a retracement for the downtrend
Yes, give me a bounce to sell!
Any prices quoted are futures
  • #37,629
  • Dec 13, 2011 6:57pm Dec 13, 2011 6:57pm
Just my thoughts.... closely watching fib 23 and 38 before it continue its downward spiral. Asian session will do its best to clean up the mess from NY and then the pattern continues unless theres more hopium in Frankie and London.... Good day all!
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  • #37,630
  • Dec 13, 2011 7:14pm Dec 13, 2011 7:14pm
Bearish the whole week drag by EU (expecting EU to drop another 400 pips to 1.26 as a major support this week )..and possible retracement next week till year end ?
  • #37,631
  • Dec 13, 2011 7:31pm Dec 13, 2011 7:31pm
Quoting isaacyassar
Asian bears 1st attempt failed. It's now a double bottom with a higher low. Some bulls are defending 0.9980, perhaps they want a retracement for the downtrend
Perhaps, But I think at the end of the day - the bulls are going down with Noah's arc me thinks.
  • #37,632
  • Dec 13, 2011 7:35pm Dec 13, 2011 7:35pm
Quoting benjamf13
Perhaps, But I think at the end of the day - the bulls are going down with Noah's arc me thinks.
RARRRR goes the big grizzly bear!
  • #37,633
  • Dec 13, 2011 7:41pm Dec 13, 2011 7:41pm
Will the RBA announcement sustain bearish break of .9980?
  • #37,634
  • Dec 13, 2011 7:43pm Dec 13, 2011 7:43pm
if we move a few more pips; i think we will be filling last months gap this week :-)
  • #37,635
  • Dec 13, 2011 7:43pm Dec 13, 2011 7:43pm
new resistance at .999?
  • #37,636
  • Dec 13, 2011 7:46pm Dec 13, 2011 7:46pm
Asian bears are trying to push lower once more. With a lower high on its back, will it succeed in breaching 0.9980 ? Will the defending bulls give in ?
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The tone of your words reflects the quality and result of your trading ;-)
  • #37,637
  • Dec 13, 2011 7:47pm Dec 13, 2011 7:47pm
Quoting isaacyassar
Asian bears are trying to push lower once more. With a lower high on its back, will it succeed in breaching 0.9980 ? Will the defending bulls give in ?
.9980 seems to hold again.
Buy! Buy! Sell! Sell! Just make sure you have proper MM!
  • #37,638
  • Dec 13, 2011 7:50pm Dec 13, 2011 7:50pm
made some pips; took half off...
the bulls are not going to die this fast.

well they just got a new hit of hopium! and away they go... now to wait and watch (too chicken to go long :-)
  • #37,639
  • Dec 13, 2011 7:53pm Dec 13, 2011 7:53pm
another stop hunt good opportunity for longs, fortune favours the brave any1 under .9990 , but id take em off now

could've easily plumbed the depths of 99s, who risked the long?
  • #37,640
  • Dec 13, 2011 8:05pm Dec 13, 2011 8:05pm
I remain heavy bearish in the mid-to-long-term, but can't help feeling it's time for a corrective intra-day retrace on Aussie (and Euro too).

I'm taking the bull-bait. Long from .9992, targeting 1.003 and maybe a bit higher before diving back short. Take profit and rest awhile, eh bears?
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