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AUD/USD

  • #45,601
  • May 29, 2012 9:23am May 29, 2012 9:23am
Quoting DaddyBear
I am going to short @ 98.69.
Any reason? Except that you want to lose money
New voice message: Why are you calling me? If I need you, I'll call you!
  • #45,602
  • May 29, 2012 9:26am May 29, 2012 9:26am
Quoting KillerWhale
Any reason? Except that you want to lose money
The Dow Jones, S&P and Nasdaq are all in big ++'s.

That goes usually hand in hand with $ weakness.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #45,603
  • May 29, 2012 9:29am May 29, 2012 9:29am
Quoting KillerWhale
The Dow Jones, S&P and Nasdaq are all in big ++'s.

That goes usually hand in hand with $ weakness.
Absolutely correct. Only a scalp as I see a wall that shouldn't crack right away.
  • #45,604
  • May 29, 2012 9:32am May 29, 2012 9:32am
Next target previous week high 993x area.
  • #45,605
  • May 29, 2012 9:33am May 29, 2012 9:33am
Short # 2 @ waiting @ 9880
  • #45,606
  • May 29, 2012 9:40am May 29, 2012 9:40am
Quoting GSGill
Short # 2 @ waiting @ 9880
Look at this daily chart.

Sure you want to short?
Attached Image (click to enlarge)
Click to Enlarge Name: aud daily 05-29.gif Size: 25 KB
New voice message: Why are you calling me? If I need you, I'll call you!
  • #45,607
  • May 29, 2012 9:42am May 29, 2012 9:42am
Quoting KillerWhale
Look at this daily chart.

Sure you want to short?
No wonder so many people lose
New voice message: Why are you calling me? If I need you, I'll call you!
  • #45,608
  • May 29, 2012 9:43am May 29, 2012 9:43am
Quoting KillerWhale
Look at this daily chart.

Sure you want to short?
good point, will exit while the going is good
  • #45,609
  • May 29, 2012 9:47am May 29, 2012 9:47am
Out BE on 1 out +5 on the other
  • #45,610
  • May 29, 2012 9:49am May 29, 2012 9:49am
Quoting KillerWhale
Any reason? Except that you want to lose money
It was the end of B-wave. 98.69 is the 61.80% retracement. It could go a little bit higher. 98.69 was the first short position before I built up more.
daddybearforex. com
  • #45,611
  • May 29, 2012 9:55am May 29, 2012 9:55am
Quoting KillerWhale
No wonder so many people lose
It is going to drop like a rock now!
daddybearforex. com
  • #45,612
  • May 29, 2012 9:58am May 29, 2012 9:58am
Quoting GSGill
Out BE on 1 out +5 on the other
Now why would you want to go for 5 pips short if the other way would give you 10 times more? Or 20 times more?

I bagged several long trades already each of them more than 50 pips in the last 24 hours alone.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #45,613
  • May 29, 2012 10:21am May 29, 2012 10:21am
Quoting KillerWhale
Look at this daily chart.

Sure you want to short?
You were right about the daily trend, which is a counter trend of the major downtrend. Market does not move one direction all the time. My trade is a counter-counter trend this time.
daddybearforex. com
  • #45,614
  • May 29, 2012 10:21am May 29, 2012 10:21am
Quoting KillerWhale
Now why would you want to go for 5 pips short if the other way would give you 10 times more? Or 20 times more?

I bagged several long trades already each of them more than 50 pips in the last 24 hours alone.
Brother I was holding for 20 but I do value what you say so I exited mostly flat, not a problem though Im still holding my E/U short
  • #45,615
  • May 29, 2012 10:25am May 29, 2012 10:25am
Quoting KillerWhale
Look at this daily chart.

Sure you want to short?
Why not? The daily has stoped on the supply level, we got a good short until the next demand zone.

http://s7.postimage.org/auw1zb97d/aud_usd_daily.png

I'm short in AUD/USD since 0.98609 and 0.98702
And long in USD/CAD since 1.02180
  • #45,616
  • May 29, 2012 10:30am May 29, 2012 10:30am
[quote=helendm;5709166]Why not? The daily has stoped on the supply level, we got a good short until the next demand zone.

http://s7.postimage.org/auw1zb97d/aud_usd_daily.png
Where is your demand zone? Thanks.
daddybearforex. com
  • #45,617
  • May 29, 2012 10:35am May 29, 2012 10:35am
[quote=DaddyBear;5709181]
Quoting helendm
Why not? The daily has stoped on the supply level, we got a good short until the next demand zone.

http://s7.postimage.org/auw1zb97d/aud_usd_daily.png
Where is your demand zone? Thanks.
http://s13.postimage.org/xjm61m1d1/aud_usd_daily.png

Blue = Supply Zone
Green = Demand Zone
  • #45,618
  • May 29, 2012 10:36am May 29, 2012 10:36am
[quote=helendm;5709208]
Quoting DaddyBear

http://s13.postimage.org/xjm61m1d1/aud_usd_daily.png

Blue = Supply Zone
Green = Demand Zone
chart pls...tq
  • #45,619
  • May 29, 2012 10:42am May 29, 2012 10:42am
15m chart:

http://s12.postimage.org/684gvxcwb/aud_usd_15m.png
  • #45,620
  • May 29, 2012 10:46am May 29, 2012 10:46am
Quoting helendm
15m chart:

http://s12.postimage.org/684gvxcwb/aud_usd_15m.png
please load your chart properly. we don't see anything.
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