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AUD/USD

  • #48,661
  • Jul 5, 2012 6:26am Jul 5, 2012 6:26am
Quoting HeavenBlade
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!
its clearly overreaction bcoz it fell again to 82 after hitting 1.0315
  • #48,662
  • Jul 5, 2012 6:31am Jul 5, 2012 6:31am
Quoting Nachiket
if there is no rate change aussie, kiwi and euro all fall
that's the million dollar question....will there be a rate changes....seems to be hovering waiting for the jump or dump...
  • #48,663
  • Jul 5, 2012 6:37am Jul 5, 2012 6:37am
Quoting Nachiket
its clearly overreaction bcoz it fell again to 82 after hitting 1.0315
I certainly hope so. We'll have to wait until the hourly and daily candle closes before we can know for sure.

I wonder when that mega-bullish candle on daily will run out of steam.
Attached Image (click to enlarge)
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  • #48,664
  • Jul 5, 2012 6:47am Jul 5, 2012 6:47am
ECB: 0.75

AU -> 325+
Use me as a contrarian indicator
  • #48,665
  • Jul 5, 2012 6:50am Jul 5, 2012 6:50am
well that was pretty dull.....now what down for the aud....
  • #48,666
  • Jul 5, 2012 6:51am Jul 5, 2012 6:51am
i pull the trigger wth
  • #48,667
  • Jul 5, 2012 6:51am Jul 5, 2012 6:51am
Quoting stulic
Much safer option is to keep shorting EUR/AUD because this one is going to make a new low below 1.21 in coming weeks and then 161.8% of recent correction fibo at 1.16 will be the new unchartered target IMHO.
The cross is as bearish as can be.
Sorry had to dig this out once again, 1.1600 in August latest.
Attached Image (click to enlarge)
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Don't get mad, get even!
  • #48,668
  • Jul 5, 2012 7:05am Jul 5, 2012 7:05am
Just a small time trader, nothing much...
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  • #48,669
  • Jul 5, 2012 7:30am Jul 5, 2012 7:30am
Go daddy!
Btw, gold trades hurts for someone as well
  • #48,670
  • Jul 5, 2012 7:35am Jul 5, 2012 7:35am
Positive US data came out..so what is it going to be ?? Should open short positions ???
  • #48,671
  • Jul 5, 2012 7:39am Jul 5, 2012 7:39am
loving it ....how low can she go...short from 1.0308....
  • #48,672
  • Jul 5, 2012 7:49am Jul 5, 2012 7:49am
Quoting TheBanker
Go daddy!
Btw, gold trades hurts for someone as well
Gold in a usual correction to collect more longs until 1592, if it drops lower I'd reconsider going long.
Don't get mad, get even!
  • #48,673
  • Jul 5, 2012 7:56am Jul 5, 2012 7:56am
Quoting DaddyBear
DADDYBEAR ONCE SAID, "HISTORY REPEATS ITSELF, SO DOES THE MARKET."

Attention:
DaddyBear's cartoons are not indicators. Please do not apply them to your charts because they won't fit anyway.

good morning papa...how'd you do last night...stuck to my guns this time and it worked got out at 1.0318..shorted at 1.0308...I'm thinking I'm gonna let it go this time for the rest of the week..
  • #48,674
  • Jul 5, 2012 8:00am Jul 5, 2012 8:00am
this thread is now officially full retard. Youre all making this sound like some weird sex cult ffs.
  • #48,675
  • Jul 5, 2012 8:13am Jul 5, 2012 8:13am
Quoting HotBiscuits
this thread is now officially full retard. Youre all making this sound like some weird sex cult ffs.

don't know were you get weird sex cult from market entry and exit points...but to each his own...as long as I'm making money life is good...
  • #48,676
  • Jul 5, 2012 8:17am Jul 5, 2012 8:17am
When I think of DaddyBear,
I think of this.

http://www.bobjjj.com/dani/Teddymon2.gif


Go Teddymon!
  • #48,677
  • Jul 5, 2012 8:44am Jul 5, 2012 8:44am
Quoting petehnm
good morning papa...how'd you do last night...stuck to my guns this time and it worked got out at 1.0318..shorted at 1.0308...I'm thinking I'm gonna let it go this time for the rest of the week..
Good morning! You had pretty good trades. FYI, I entered short at 1.03107.
daddybearforex. com
  • #48,678
  • Edited 9:05am Jul 5, 2012 8:51am | Edited 9:05am
Quoting DaddyBear
Good morning! You had pretty good trades. FYI, I entered short at 1.03107.

Sweet...whatcha thinking about doing with it ..you gonna keep riding the rollercoaster....I was thinking about it ...but just like your picture i'm thinking the bottoms gonna drop soon...any thought?
  • #48,679
  • Jul 5, 2012 9:00am Jul 5, 2012 9:00am
Another round of fireworks...

Is the WS gonna go turn the risk tap on or off after ISM? Million dollar question...
Don't get mad, get even!
  • #48,680
  • Jul 5, 2012 9:06am Jul 5, 2012 9:06am
Quoting stulic
Another round of fireworks...

Is the WS gonna go turn the risk tap on or off after ISM? Million dollar question...

down she goes...i think the equities market is way over due for a correction...volitility indexes are way low...just a thought
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