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AUD/USD

  • #48,901
  • Jul 9, 2012 3:43am Jul 9, 2012 3:43am
Quoting Mr. Monk
it will test 1.0123
then 1.02
then dowwwwwwn

your opinion guys
if it goes down, i see 1.01, then maybe some retrace before parity...the usd index is at a resistance,if its breached, we are looking at a serious drop on the AU...wemay have seen the last of 1.02 for awhile...time will tell...
It is possible to make large sums trading, small losses, large wins
  • #48,902
  • Jul 9, 2012 3:49am Jul 9, 2012 3:49am
Finally it went down! last week prices (near 1.03) were really crazy!
  • #48,903
  • Jul 9, 2012 3:58am Jul 9, 2012 3:58am
Inserted Video
  • #48,904
  • Jul 9, 2012 4:14am Jul 9, 2012 4:14am
Quoting Mr. Monk
it will test 1.0123
then 1.02
then dowwwwwwn

your opinion guys
Looking at the same thing, pretty obvious, bounce or break, we'll see... uptrend still well intact.
Attached Image (click to enlarge)
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Don't get mad, get even!
  • #48,905
  • Jul 9, 2012 5:02am Jul 9, 2012 5:02am
my view rest of the day
2H and my 4h close ,If close above 1.0175 then it continue going up otherwise it keep going down rest of day
  • #48,906
  • Jul 9, 2012 5:43am Jul 9, 2012 5:43am
Quoting DaddyBear
It will be below 1.0180 first before going to 1.0230.
Right on for the first part, but we've yet to see the second part...

Quoting Mr. Monk
it will test 1.0123
then 1.02
then dowwwwwwn
... or the third part!

Right now I'm interested if see how fast AUD can break either above 1.021 or below 1.012. On the 28th of June the bulls broke 1.012 like nobody's business and I wonder if we will see similar volume only on the bear's side this time round.

The move from 1.016 to 1.021 is fraught with a lot of snares at 1.018, 1.019, and 1.020 as earlier movement has already proven. If it dallies on it's way up I may suggest that buyers are still not ready to make a full commitment. If however it breaks up to 1.021 with quite some speed, tramping on the bear resistance of 18/19/20 like nothing, then the bulls would have made a full come back.

This is going to take some time to see. Meanwhile those who like to scalp pip ranges will scalp pip ranges, I'm not going into the market now!
  • #48,907
  • Jul 9, 2012 5:44am Jul 9, 2012 5:44am
Quoting egkid
my view rest of the day
2H and my 4h close ,If close above 1.0175 then it continue going up otherwise it keep going down rest of day
What do you mean "rest of the day"? I just woke up. Good morning! It's the beginning of the day. Let me see what happened. The bull is still in the hole. When Aussie touches TL, she will bounce beautifully.
daddybearforex. com
  • #48,908
  • Jul 9, 2012 5:46am Jul 9, 2012 5:46am
Quoting egkid
my view rest of the day
2H and my 4h close ,If close above 1.0175 then it continue going up otherwise it keep going down rest of day
It started to go Up
  • #48,909
  • Jul 9, 2012 5:47am Jul 9, 2012 5:47am
Quoting DaddyBear
What do you mean "rest of the day"? I just woke up. Good morning! It's the beginning of the day. Let me see what happened. The bull is still in the hole. When Aussie touches TL, she will bounce beautifully.
Rest of day "London and US Session"
  • #48,910
  • Jul 9, 2012 5:53am Jul 9, 2012 5:53am
Quoting egkid
Rest of day "London and US Session"
Aussie will drop one more time before she rises again.
daddybearforex. com
  • #48,911
  • Jul 9, 2012 5:55am Jul 9, 2012 5:55am
Quoting DaddyBear
Aussie will drop one more time before she rises again.
What makes you think so ?
  • #48,912
  • Jul 9, 2012 5:59am Jul 9, 2012 5:59am
Quoting DaddyBear
Aussie will drop one more time before she rises again.
To where, like 1.014x area?
Don't get mad, get even!
  • #48,913
  • Jul 9, 2012 6:04am Jul 9, 2012 6:04am
Quoting stulic
To where, like 1.014x area?
Around 1.01537 or higher.
daddybearforex. com
  • #48,914
  • Jul 9, 2012 6:13am Jul 9, 2012 6:13am
Growls Grrr Grrr
If skills could be acquired by watching, every dog would be a butcher. Turk
  • #48,915
  • Jul 9, 2012 6:18am Jul 9, 2012 6:18am
Quoting DaddyBear
Around 1.01537 or higher.
Anything below 1.0120 I'd give up on longs, anything else I'd have to quote your certain prediction from last Friday when I said that the only certain thing in Forex is it's gonna come back to haunt you.
Don't get mad, get even!
  • #48,916
  • Jul 9, 2012 6:24am Jul 9, 2012 6:24am
Good opp. for short. Retesting the breakout from the triangle. Sold at 1.0176.
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"Study the past if you would define the future." Confucius
  • #48,917
  • Edited 6:56am Jul 9, 2012 6:33am | Edited 6:56am
Quoting stulic
Anything below 1.0120 I'd give up on longs, anything else I'd have to quote your certain prediction from last Friday when I said that the only certain thing in Forex is it's gonna come back to haunt you.
Your pending long may be hit if you are lucky enough. I don't think she is going below 1.0120. Aussie will rise beautifully. I am waiting for entering a nice position at this moment. This is called certainty. No haunting. No prediction.
daddybearforex. com
  • #48,918
  • Jul 9, 2012 6:37am Jul 9, 2012 6:37am
Quoting DaddyBear
Your pending long may be hit if you are lucky enough. I don't think she is going below 1.0120. Aussie will rise beautifully. I am waiting for entering a nice position at this moment. This is called certainty. No haunting.
Not even when it is done by a friendly ghost?

Inserted Video
  • #48,919
  • Jul 9, 2012 6:43am Jul 9, 2012 6:43am
Quoting egkid
my view rest of the day
2H and my 4h close ,If close above 1.0175 then it continue going up otherwise it keep going down rest of day
The Real Dilemma if this 1H close @175 not up not down
  • #48,920
  • Jul 9, 2012 6:44am Jul 9, 2012 6:44am
another test of 80 and then down?
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