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AUD/USD

  • #45,281
  • May 24, 2012 5:06am May 24, 2012 5:06am
same entry short .9770
tp open
stop .9820
  • #45,282
  • May 24, 2012 5:07am May 24, 2012 5:07am
if it break today high i see it on parity again
  • #45,283
  • May 24, 2012 5:15am May 24, 2012 5:15am
It may just be testing resistance... if you missed the earlier trade short, consider a short now.

I'm not suggesting it, but I AM asking you consider it... look at 1 hr, 4hr etc, fibs, resistance and possible Stop level.

I will give you this much... the potential take profit is big on a short and the potential loss is small.
In the days of old when sailors were bold, and seldom if ever contented.
  • #45,284
  • May 24, 2012 5:19am May 24, 2012 5:19am
the train is exploded, all dead. the end
  • #45,285
  • May 24, 2012 5:26am May 24, 2012 5:26am
Quoting tunera
the train is exploded, all dead. the end
??? are you trading or writing a dumb cartoon story?

oh... your account got wiped out huh?
In the days of old when sailors were bold, and seldom if ever contented.
  • #45,286
  • May 24, 2012 5:37am May 24, 2012 5:37am
Quoting pt49
??? are you trading or writing a dumb cartoon story?

oh... your account got wiped out huh?
no, but i taken a loss, i usually don't like it.
Anyway, good luck!
  • #45,287
  • May 24, 2012 5:54am May 24, 2012 5:54am
I'm targeting a quick scalp

Short @97817 [email protected] for 73 micro lots or USD 7.3 per pip.
Buy! Buy! Sell! Sell! Just make sure you have proper MM!
  • #45,288
  • May 24, 2012 6:02am May 24, 2012 6:02am
If the US news today is positive will it push this pair back down.
Over thinking over analyzing separates the body from the mind.
  • #45,289
  • May 24, 2012 6:07am May 24, 2012 6:07am
Quoting rafiqhidayat
I'm targeting a quick scalp

Short @97817 [email protected] for 73 micro lots or USD 7.3 per pip.
Whats ur sl? I think U will need it mate!
  • #45,290
  • May 24, 2012 6:11am May 24, 2012 6:11am
Obviously
In the days of old when sailors were bold, and seldom if ever contented.
  • #45,291
  • May 24, 2012 6:29am May 24, 2012 6:29am
Yeah I know dumb question but still learning. There was a remark here earlier from a more experienced member going on about trains and 9635 and later said we might go up to test parity.
Over thinking over analyzing separates the body from the mind.
  • #45,292
  • May 24, 2012 6:32am May 24, 2012 6:32am
This is what happen when you don't know volume. You tend to go against the trend.
Read the entire market, money is made on the main trend not the fluctuation
  • #45,293
  • May 24, 2012 6:45am May 24, 2012 6:45am
Quoting jayjb
Short 0.9770 sl 25 pips tp 70 pips
Out minus 25 pips
  • #45,294
  • May 24, 2012 6:55am May 24, 2012 6:55am
geeze i thought this bull train might have some steam but yet i jumped in and i wasnt patient. Shows inexperience fuck.

you think this could be a bull trap though?

saying that 1hr did close above the range issuing a proper break out perhaps?
  • #45,295
  • May 24, 2012 6:58am May 24, 2012 6:58am
Sell Aud 0.98 TP @0.9760 SL @0.9815
  • #45,296
  • May 24, 2012 7:06am May 24, 2012 7:06am
bah! im not trading this pair for a while. im the fool for not managing my capital and going in too heavy. see you next week.

moving to gold. long!
  • #45,297
  • May 24, 2012 7:09am May 24, 2012 7:09am
Quoting pt49
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.
thanx for this 50pips..
  • #45,298
  • May 24, 2012 7:33am May 24, 2012 7:33am
i dont think AUD has made up its mind as of yet, weather to head up or further down. indecisive bitch haha
  • #45,299
  • May 24, 2012 9:03am May 24, 2012 9:03am
There will be a struggle here for a while support at range break out 9770 and resistance at 9800.
  • #45,300
  • May 24, 2012 9:33am May 24, 2012 9:33am
.9810 is a good place to short again with small sl 5 to 10 pips. target is .9730 around 50pips + to .9700 110 pips +
Read the entire market, money is made on the main trend not the fluctuation
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