AUD/USD

9670 to watch.

Short

Long

Sidelined

SMART! =)

could and wanted to do scalping... but having issues with connection speed right now...

Looking to see what kind of reaction we get at 9660 area. A rejection there and I may scalp to the NORTH! We shall see......

Short at 9670, ice have been cleared.

9660 area BROKEN! 9620 area should be next.

still not convinced to take a position.... will wait for NFP later.

Indeed bro.
Closed at 96490, might wanna stay sidelines for dust to settle now..

trapping area and temptation

LONG

Why bother posting at all? Care to post your chart atleast, such comments are nothing else but stupid.

my daily got taken, 15m hs

95-93?

Agreed. the last ditch saving grace I believe to have been around the 9650 level...where the stops would have been used to cover larger institutional shorts who were looking to take profits.

problem is... it did reject price...created a weak bounce, only to see it retest againt within hours.

That usually means all the bids have been taken out... time to move down to the next significant level of bids...where ever that may be.

And the negative china news is only going to support larger flows of offers... rather than bids.

but, hey... maybe it does bounce here... i see 9620ish -9600 as some possible support... but by and large what used to be akin to a brick wall that could support price has been reduced to a feeble wet napkin....

IMO, the only reason we are holding up is that liquidity is waiting for NFP.

X

Really???? Looks like you want to clean up your account. Good Luck!!!!

Weekly S1 is sat at 0.9650 so stops are naturally below.

M15

I think my account speaks for itself with +120.75% for the week so far.

Ok... i won't argue that... but considering the overall tehnical level confluence between 9675-9650... the S1 you mention is kinda the "absolute final chance" to get a bounce of sorts.... now considering the stops you mentiooned, I wouldn't be surpirsed to see a move up towards 9680-9705... but IMO that will cap it.

X

P.S. I saw the newsfeeds the other day were mentioning a large stop buildup under 60 if i remember correctly.... which was hit in the asian sessions. Furthermore, the fact taht the U.S> session close hit 9770...which was high enough to run any stops left from the london session highs of that night, and then didn't stop dropping until we hit 9650... I tend to believe the market players have the intention of pushing this lower.

not to mention PA and trend.

X