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AUD/USD

  • #41,821
  • Mar 14, 2012 12:59am Mar 14, 2012 12:59am
Falling off the table at the moment.
  • #41,822
  • Mar 14, 2012 1:02am Mar 14, 2012 1:02am

Attached Image (click to enlarge)
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  • #41,823
  • Mar 14, 2012 1:06am Mar 14, 2012 1:06am
omg ..im buy at .054


still hold
  • #41,824
  • Mar 14, 2012 1:19am Mar 14, 2012 1:19am
Phew, thankfully I made the right decision to keep my short from 1.0544
  • #41,825
  • Mar 14, 2012 1:25am Mar 14, 2012 1:25am
Quoting aqeelaputra

Attachment

@BE
  • #41,826
  • Mar 14, 2012 1:42am Mar 14, 2012 1:42am
Quoting aqeelaputra

Attachment
Nice
  • #41,827
  • Mar 14, 2012 2:33am Mar 14, 2012 2:33am
I wish someone would just pick a direction already, preferably down.
  • #41,828
  • Mar 14, 2012 2:39am Mar 14, 2012 2:39am
Are there any long term traders in this thread? If so what do you make of this overlapping PA
  • #41,829
  • Mar 14, 2012 2:44am Mar 14, 2012 2:44am
Quoting 2+2=4ex
Nice

  • #41,830
  • Mar 14, 2012 3:59am Mar 14, 2012 3:59am
All bad news from last week starting to show it's effect now..1.04 looks not so far away..plus gold on it's way to get below 1622 ..
  • #41,831
  • Mar 14, 2012 4:42am Mar 14, 2012 4:42am
1.0450 coming up
  • #41,832
  • Mar 14, 2012 6:12am Mar 14, 2012 6:12am
Long AUD @ 1.0480
ST @ 1.0450
TP @ 1.0690

AUD bulls should finally show up, taking it previous daily high 1.0850 area...
First stop would be around 1.0690 - 1.0710 area...then a big pullback then back to 1.0850 area.... These are 4H waves....

I am going trade this move as follows

1 - Long at 1.0480 Exit - 1.0690 - 210 Pips
2 - Short at 1.0690 Exit - 1.0570 - 140 Pips
3 - Long at 1.0570 Exit - 1.0830 - 260 Pips

They always say have a trading plan...now i have one a detailed one...
Hope it works.... My previous long got stopped out, bad entry chased the market.....should wave waited, market came to my initial prediction 1.0470.

Good luck everybody....
PPP - Patience Pays PIPS
  • #41,833
  • Mar 14, 2012 7:24am Mar 14, 2012 7:24am
If we break this area maybe longs not until 1.0450. We haven't been here since january
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  • #41,834
  • Mar 14, 2012 7:31am Mar 14, 2012 7:31am
there is a huge falling wedge on the 4h ..but SP500 is weakening for now now so i stand aside, only long if stock bulls return
  • #41,835
  • Mar 14, 2012 7:42am Mar 14, 2012 7:42am
Quoting torkay77
there is a huge falling wedge on the 4h ..but SP500 is weakening for now now so i stand aside, only long if stock bulls return
Still it could be a continuation with a break to the downside accelerating declines.
  • #41,836
  • Mar 14, 2012 8:33am Mar 14, 2012 8:33am
I am long again at 1.0477. If price breaks below 1.04, I may have to wait a month or more to get my money back. In the meantime I will collect my swap from the friendly forex gods. http://www.forexfactory.com/images/icons/icon7.gif
  • #41,837
  • Mar 14, 2012 9:02am Mar 14, 2012 9:02am
Quoting jerrycollie
I am long again at 1.0477. If price breaks below 1.04, I may have to wait a month or more to get my money back. In the meantime I will collect my swap from the friendly forex gods. http://www.forexfactory.com/images/icons/icon7.gif

I'm sure Ben will bring the AUD/USD Bulls to their knees, starting right now!
100 Pips per day can keep the bosses away.
  • #41,838
  • Mar 14, 2012 9:16am Mar 14, 2012 9:16am
Quoting rustyram
Long AUD @ 1.0480
ST @ 1.0450
TP @ 1.0690

AUD bulls should finally show up, taking it previous daily high 1.0850 area...
First stop would be around 1.0690 - 1.0710 area...then a big pullback then back to 1.0850 area.... These are 4H waves....

I am going trade this move as follows

1 - Long at 1.0480 Exit - 1.0690 - 210 Pips
2 - Short at 1.0690 Exit - 1.0570 - 140 Pips
3 - Long at 1.0570 Exit - 1.0830 - 260 Pips

They always say have a trading plan...now i have one a detailed one...
Hope it works.... My previous long got stopped out,...
Stop moved to 1.0430
PPP - Patience Pays PIPS
  • #41,839
  • Mar 14, 2012 9:31am Mar 14, 2012 9:31am
Seems that 2H wave-5 (down) is not finished (possible ending diagonal), but soon...
Use me as a contrarian indicator
  • #41,840
  • Mar 14, 2012 9:40am Mar 14, 2012 9:40am
You really do need to go with the trend on this pair sometimes it never ends..
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