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AUD/USD

  • #45,261
  • May 24, 2012 2:55am May 24, 2012 2:55am
Quoting yuNn
what can i say i quote for 0.9793 ....but this baby just reach around 0.9783 something like that....hopely it still valid for me
I guess we're on the same boat, my calculation was that it would at least reach .9797 or .9795 before continuing its downward journey. I guess I missed the train this time. I don't have the balls to get on a speeding train while it has departed
  • #45,262
  • May 24, 2012 2:58am May 24, 2012 2:58am
Hopefully some few of us got in on this trade. I forgot to place the resistance and fib on my earlier chart, however it all worked out almost perfectly.

Resistance was the "pink" line (forgot to place arrows).

If you took this trade you are 50 pips in profit already. Take profit on ½ the trade, move stop to zero risk and ride it south.
Attached Image (click to enlarge)
Click to Enlarge Name: 11.jpg Size: 84 KB
In the days of old when sailors were bold, and seldom if ever contented.
  • #45,263
  • May 24, 2012 3:08am May 24, 2012 3:08am
9635: coming soon
  • #45,264
  • May 24, 2012 3:23am May 24, 2012 3:23am
Quoting tunera
9635: coming soon
  • #45,265
  • May 24, 2012 3:24am May 24, 2012 3:24am
Quoting tunera
9635: coming soon
yeap mate..look co cool DOWn under...
  • #45,266
  • May 24, 2012 3:29am May 24, 2012 3:29am
Quoting yuNn
yeap mate..look co cool DOWn under...
hey buddy, do you think it would reach 9790 again before continuing its downward move? the european news has screwed up my calculation
  • #45,267
  • May 24, 2012 3:31am May 24, 2012 3:31am
Quoting irfandbl
hey buddy, do you think it would reach 9790 again before continuing its downward move? the european news has screwed up my calculation
NO WAY, this is an express train, no time to play consolidation anymore
  • #45,268
  • May 24, 2012 3:33am May 24, 2012 3:33am
Quoting tunera
NO WAY, this is an express train, no time to play consolidation anymore
K buddy! Thanks for the input, will hop in the train I guess
  • #45,269
  • May 24, 2012 3:40am May 24, 2012 3:40am
The train ran out of fuel , I guess I'll be waiting on the next station, 9730 seems nice to enter
  • #45,270
  • May 24, 2012 3:41am May 24, 2012 3:41am
Quoting irfandbl
The train ran out of fuel , I guess I'll be waiting on the next station
forgot to say, this train don't use fuel, it use energy solar power.
From time to time there is some cloud in the sky and the energy go down, but clouds come and go! Enjoy
  • #45,271
  • May 24, 2012 3:45am May 24, 2012 3:45am
Quoting tunera
forgot to say, this train don't use fuel, it use energy solar power.
From time to time there is some cloud in the sky and the energy go down, but clouds come and go! Enjoy
  • #45,272
  • May 24, 2012 4:01am May 24, 2012 4:01am
Its hard to say. 1H I saw strength coming in. The train might reverse anytime
Read the entire market, money is made on the main trend not the fluctuation
  • #45,273
  • May 24, 2012 4:06am May 24, 2012 4:06am
Quoting Kofmaster
Its hard to say. 1H I saw strength coming in. The train might reverse anytime
it already has, lets wait till it gets to its starting point then we can hop in safe and sound to 0.96XX
  • #45,274
  • May 24, 2012 4:10am May 24, 2012 4:10am
Quoting Kofmaster
Its hard to say. 1H I saw strength coming in. The train might reverse anytime
true, to me the probabilities of a reverse are less than 1%, but ok still not 0%
  • #45,275
  • May 24, 2012 4:10am May 24, 2012 4:10am
Quoting irfandbl
hey buddy, do you think it would reach 9790 again before continuing its downward move? the european news has screwed up my calculation
doubt it. If you missed the boat don't try and jump from the wharf as it's leaving (centuries old forex trading saying from Confuse'us).
In the days of old when sailors were bold, and seldom if ever contented.
  • #45,276
  • May 24, 2012 4:13am May 24, 2012 4:13am
Quoting pt49
doubt it. If you missed the boat don't try and jump from the wharf as it's leaving.
too late. my sl got punished and my tp was very conservative. very annoyed to say the least.

im swimming after the boat!
  • #45,277
  • May 24, 2012 4:39am May 24, 2012 4:39am
dear passengers, we have serious troubles with the engines, we are working for you.
  • #45,278
  • May 24, 2012 5:03am May 24, 2012 5:03am
here is the reversal. being careful upon a short entry this bad boy might pick up some steam
  • #45,279
  • May 24, 2012 5:04am May 24, 2012 5:04am
Short 0.9770 sl 25 pips tp 70 pips
  • #45,280
  • May 24, 2012 5:04am May 24, 2012 5:04am
my positioned are all over the place!!! so confused.

basically hedge at around .976
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