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AUD/USD

Quoting DaddyBear
There was a burst after the news but dropped like a rock. It hit my stop and I made some pips. I reentered long after it hit a bottom and got enough pips. I did not expect it to hit 1.03 but was hoping that could happen. I don't think it will reach that high this time. Good luck to you too!
thanks papa...I think I'm going to stick to my guns this time an go with that old saying..."plan your trade and trade your plan"...it's just that I've had it right the last few moves but I've cut myself short by exiting my plan...we'll see how it goes...gonna set my alerts to wake me at certain levels so I can either get out with a good profit or reasonable loss....time for sleep here in New Mexico....happy hunting...
Quoting DaddyBear
It depends on your definition of holy grail. If I can trade successfully and make enough money, I would say that I have found my holy grail. When those "experts" tell you there is no holy grail, I would say that their courses are not good enough or even worse.
ye i heard of the term 'holy grail', i was just wandering what a holy grail is to u...dont know why people pay for this, u can learn how to be a lawyer online for free if u wanted..all u pay for is a certificate...they just trying to sell ice to eskimos i think...
not sell ice to eskimos, but think u know what i mean?
Quoting Silencer
not sell ice to eskimos, but think u know what i mean?
Sell refrigerators to Eskimos.
daddybearforex. com
Quoting DaddyBear
Sell refrigerators to Eskimos.
like taking candy of a baby
Potential triple top at 5min chart
Attached Image
On the M15 chart we see a bearish channel. I am hoping that it breaks down!
Attached Image (click to enlarge)
Click to Enlarge Name: AUD_Bear_Channel.png Size: 40 KB
already short at 1.0265, hope the bearish channel works

Quoting HeavenBlade
On the M15 chart we see a bearish channel. I am hoping that it breaks down!
Quoting stulic
Another good night for EUR/AUD, only knows one direction (not the crappy boy band).
1.2132 stones throw away
EUR rate cut now pretty much fully priced in.
1.2165 fresh new 6 month low. Keep it coming bab!
Don't get mad, get even!
China Cuts 1-year Lending Rate by 31 bps

300+
Use me as a contrarian indicator
Quoting mrbandwidth
China Cuts Benchmark Rates

300+
Voila!
Released at the same time as BOE, holy crap...

EUR/AUD as predicted last Friday, fresh all time low 1.2130
Don't get mad, get even!
is it reliable source?

price action tells its real...
what just happened?
Came from Bloomberg TV
Don't get mad, get even!
Looks like coordinated intervention to me.
Don't get mad, get even!
Quoting stulic
Looks like coordinated intervention to me.
ok this is the reason why it was rallying since morning. seems like this news was priced in the rise today from 42 to 80 and this last 30 pips pumping was overreaction. won't be surprised to see it down after this reaction.
nice spike up on the aud/usd....think it'll do the same if there's no ratechange in th euro.....
Quoting Nachiket
ok this is the reason why it was rallying since morning. seems like this news was priced in the rise today from 42 to 80 and this last 30 pips pumping was overreaction. won't be surprised to see it down after this reaction.

the next time aussie reacts its bcoz of china.
Well to learn from mistakes...

there was no sharp and fast rejection candle when price first tested the upper channel. All that dallying action as seen in the square only shows that price may be consolidating upwards instead. Who knew it would shoot up to that extent!
Attached Image (click to enlarge)
Click to Enlarge Name: Break_Up_instead.png Size: 40 KB
Quoting petehnm
nice spike up on the aud/usd....think it'll do the same if there's no ratechange in th euro.....
if there is no rate change aussie, kiwi and euro all fall
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