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AUD/USD

  • #45,141
  • May 22, 2012 7:33pm May 22, 2012 7:33pm
Why are you guys trying to catch a falling knife? Look at daily PA, if that's not bearish enough, I don't know what is.

We had a false breakout at the H4 bear line and price was rejected off it nicely after trapping bulls.
  • #45,142
  • May 22, 2012 7:38pm May 22, 2012 7:38pm
Quoting Noobicle
yes unfortunatly x_x

what is your long position?
currently none, but looking to enter long at .9735 if it gets there. sl50 tp80-150

maybe i should go play some poker and come back might have better chances playing poker at the moment

bit off topic but anybody play poker? if so any online?
  • #45,143
  • May 22, 2012 7:40pm May 22, 2012 7:40pm
Quoting Noobicle
you make me laugh with your market conspiracys, sucker noobs system, must have a try of it somehow :-)
LOL well I honestly think markets a big rigged game... the ones running it know all stops and PA is set up in a way for ppl to get on board so they can run them outta town with an empty wallet.
  • #45,144
  • May 22, 2012 7:42pm May 22, 2012 7:42pm
I unfortunately missed my entry due to sleep
I'm in short Ej and doing ok. I've got .9755 marked off as a possible reaction point.
FF journal: Peaks and Troffs
  • #45,145
  • May 22, 2012 7:55pm May 22, 2012 7:55pm
Quoting jayjb
Why are you guys trying to catch a falling knife?



maybe im a clown, but youre right. need self control
  • #45,146
  • May 22, 2012 7:57pm May 22, 2012 7:57pm
Quoting sidhujag
LOL well I honestly think markets a big rigged game... the ones running it know all stops and PA is set up in a way for ppl to get on board so they can run them outta town with an empty wallet.
If you are not greedy they can't touch you.

Trade small, trade off 4hr and daily charts, be realistic about your trades and you'll make 5% a month in your sleep.
In the days of old when sailors were bold, and seldom if ever contented.
  • #45,147
  • May 22, 2012 7:59pm May 22, 2012 7:59pm
Quoting sidhujag
LOL well I honestly think markets a big rigged game... the ones running it know all stops and PA is set up in a way for ppl to get on board so they can run them outta town with an empty wallet.

you know how much money would be needed to rig the forex market? institutions can place short term traps but thats not rigging is it?
  • #45,148
  • May 22, 2012 8:09pm May 22, 2012 8:09pm
She's tankin'
Locked in +39 On short NZD from 0.7544
(sl 0.7505) TP open
Expect the unexpected.
  • #45,149
  • May 22, 2012 8:15pm May 22, 2012 8:15pm
until eurozone sorts out their issue, we're still in a bear market, short all rallies.

And for these risk currencies, they are very weak fundamentally, NZD has been posting weak numbers from as far as I can remember, AUD has been beaten down by interest rate cuts, china and moderately weak numbers
  • #45,150
  • May 22, 2012 8:26pm May 22, 2012 8:26pm
Quoting jayjb
until eurozone sorts out their issue, we're still in a bear market, short all rallies.

And for these risk currencies, they are very weak fundamentally, NZD has been posting weak numbers from as far as I can remember, AUD has been beaten down by interest rate cuts, china and moderately weak numbers
It's not the "NZD" anymore, it's the "NZP", the New Zealand Peso
FF journal: Peaks and Troffs
  • #45,151
  • May 22, 2012 8:47pm May 22, 2012 8:47pm
Quoting Noobicle
yes unfortunatly x_x

what is your long position?
Aud is still very bullish on monthly chart. I am shorting USD/JPY as a test.
  • #45,152
  • May 22, 2012 8:51pm May 22, 2012 8:51pm
Quoting jayjb
Why are you guys trying to catch a falling knife? Look at daily PA, if that's not bearish enough, I don't know what is.

We had a false breakout at the H4 bear line and price was rejected off it nicely after trapping bulls.
Help, I'm trapped!
  • #45,153
  • May 22, 2012 8:58pm May 22, 2012 8:58pm
Hope this retraces a bit so I can get in. There isn't any technical or fundamental reason right now to keep this locomotive from heading further south.
  • #45,154
  • May 22, 2012 9:00pm May 22, 2012 9:00pm
cant believe i missed that move last night bloody sleep. Looking to re enter on the retrace.

Have a short order around .9812. So tempted to long right now but now i dont long regardless of how enticing it looks in a down trend.

Edit: whats everyones thoughts on .9654? huge support there think it might take us there before friday?
  • #45,155
  • May 22, 2012 9:14pm May 22, 2012 9:14pm
Quoting fx-rocket
She's tankin'
Locked in +39 On short NZD from 0.7544
(sl 0.7505) TP open
Out for 39 pips, looking to re-enter on the NZD...
Expect the unexpected.
  • #45,156
  • May 22, 2012 10:02pm May 22, 2012 10:02pm
Its Time to Buy EURUSD

we are going in with 10:1 leverage
first target 1.2750
2nd target 1.2820
3rd target: 1.2900


Fibo is the Best
along With MACD
Attached Image (click to enlarge)
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  • #45,157
  • May 22, 2012 10:17pm May 22, 2012 10:17pm
Quoting Fx.Fishermen
Its Time to Buy EURUSD

we are going in with 10:1 leverage
first target 1.2750
2nd target 1.2820
3rd target: 1.2900


Fibo is the Best
along With MACD
why not post your entry and your stop loss too?
  • #45,158
  • May 22, 2012 10:18pm May 22, 2012 10:18pm
In short NZD again... Sold 0.7508, SL 0.7558, TP open...
Expect the unexpected.
  • #45,159
  • May 22, 2012 10:19pm May 22, 2012 10:19pm
Quoting Fx.Fishermen
Its Time to Buy EURUSD

we are going in with 10:1 leverage
first target 1.2750
2nd target 1.2820
3rd target: 1.2900


Fibo is the Best
along With MACD
Would not go long in such an obvious downtrend,
But that's just my 2 cents...
Expect the unexpected.
  • #45,160
  • May 22, 2012 10:40pm May 22, 2012 10:40pm
Quoting Fx.Fishermen
Its Time to Buy EURUSD

we are going in with 10:1 leverage
first target 1.2750
2nd target 1.2820
3rd target: 1.2900


Fibo is the Best
along With MACD
Please post this in the appropriate forum. This is AUD/USD.
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