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AUD/USD

  • #48,121
  • Jun 29, 2012 3:27am Jun 29, 2012 3:27am
i think it will continue going up, but first we will see a retrace to 1.0125-30
  • #48,122
  • Jun 29, 2012 5:03am Jun 29, 2012 5:03am
Anyone speculate a direction? I think for at least today it will retrace a big, maybe close most of the gap before the weekend. Everything is still up in the air.
Attached Image (click to enlarge)
Click to Enlarge Name: aussie.png Size: 93 KB
  • #48,123
  • Jun 29, 2012 5:49am Jun 29, 2012 5:49am
This is a good position to sell here. Aud will reach parity in couple of days if not today.
  • #48,124
  • Edited 6:15am Jun 29, 2012 5:56am | Edited 6:15am
PL = Pattern Language
Attached Image
daddybearforex. com
  • #48,125
  • Jun 29, 2012 6:02am Jun 29, 2012 6:02am
Quoting asimsattar
This is a good position to sell here. Aud will reach parity in couple of days if not today.
I'll bet my life you're wrong.
Don't get mad, get even!
  • #48,126
  • Jun 29, 2012 6:06am Jun 29, 2012 6:06am
Quoting DaddyBear
PL = Pattern Language
ZO = Zoom Out
Attached Image
daddybearforex. com
  • #48,127
  • Jun 29, 2012 6:09am Jun 29, 2012 6:09am
1.0240 what do u think?
  • #48,128
  • Jun 29, 2012 6:10am Jun 29, 2012 6:10am
Commodities are on steroids atm, gold heading towards 1600, I can't see any downside pressure today, it's the end of the month and end of financial year too tonight.
Parity is history for some time to come. Wait for retail sales numbers next week to see this bugger go off properly towards 1.05 - 1.07
Don't get mad, get even!
  • #48,129
  • Jun 29, 2012 6:22am Jun 29, 2012 6:22am
another breakout?
  • #48,130
  • Jun 29, 2012 6:25am Jun 29, 2012 6:25am
long@ 1.0186 SL 1.0155 TP:OPEN
  • #48,131
  • Jun 29, 2012 6:25am Jun 29, 2012 6:25am
Quoting redbox
another breakout?
I think AUDUSD MUST go down at least 40-50 pips before continue going up
  • #48,132
  • Jun 29, 2012 6:28am Jun 29, 2012 6:28am
Quoting stulic
I'll bet my life you're wrong.
I agree with u.

The next selling point should be 400+, IMHO.
Use me as a contrarian indicator
  • #48,133
  • Jun 29, 2012 6:32am Jun 29, 2012 6:32am
Quoting DaddyBear
ZO = Zoom Out
  • #48,134
  • Jun 29, 2012 6:34am Jun 29, 2012 6:34am
Quoting Itrade24h
I think AUDUSD MUST go down at least 40-50 pips before continue going up
I will be amazed if this thing keeps going up without a retrace..
OR maybe we did have the retrace, 1.0160?
  • #48,135
  • Jun 29, 2012 6:37am Jun 29, 2012 6:37am
Quoting irfandbl
I will be amazed if this thing keeps going up without a retrace..
OR maybe we did have the retrace, 1.0160?
AUDUSD today going up 142 pips, i am sure that is IMPOSSIBLE it go up 60 pips more today...
We will see for sure a retrace
  • #48,136
  • Jun 29, 2012 6:38am Jun 29, 2012 6:38am
Quoting Itrade24h
AUDUSD today going up 142 pips, i am sure that is IMPOSSIBLE it go up 60 pips more today...
We will see for sure a retrace
AUDUSD is extreme overbought at this moment
  • #48,137
  • Jun 29, 2012 6:39am Jun 29, 2012 6:39am
Quoting Itrade24h
AUDUSD today going up 142 pips, i am sure that is IMPOSSIBLE it go up 60 pips more today...
We will see for sure a retrace
No such thing as impossible in Forex, also extremely overbought or oversold means jack shit if you ask me.
Don't get mad, get even!
  • #48,138
  • Jun 29, 2012 6:42am Jun 29, 2012 6:42am
Quoting Itrade24h
AUDUSD today going up 142 pips, i am sure that is IMPOSSIBLE it go up 60 pips more today...
We will see for sure a retrace
Very true my friend, but sometimes the impossible becomes possible.
Maybe we should say "less possible" instead of "impossible", do you agree?

Quoting Itrade24h
AUDUSD is extreme overbought at this moment
No such thing as an overbought in an uptrend, and no such thing as oversold in a downtrend...I remember someone here said that.

Quoting stulic
No such thing as impossible in Forex, also extremely overbought or oversold means jack shit if you ask me.
ROFL
  • #48,139
  • Jun 29, 2012 6:43am Jun 29, 2012 6:43am
Quoting Itrade24h
I think AUDUSD MUST go down at least 40-50 pips before continue going up
what is it going to be on monday long or short?? cuz i have both postion open ..if one goes in positive thn the other one is negative..
  • #48,140
  • Jun 29, 2012 6:46am Jun 29, 2012 6:46am
Quoting irfandbl
Very true my friend, but sometimes the impossible becomes possible.
Maybe we should say "less possible" instead of "impossible", do you agree?



No such thing as an overbought in an uptrend, and no such thing as oversold in a downtrend...I remember someone here said that.



ROFL
i am waiting the retrace to enter long becouse is very possible it go up till 1.04
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