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AUD/USD

  • #49,161
  • Jul 11, 2012 8:52pm Jul 11, 2012 8:52pm
Attached Image (click to enlarge)
Click to Enlarge Name: aussie.gif5.gif Size: 29 KB
If skills could be acquired by watching, every dog would be a butcher. Turk
  • #49,162
  • Jul 11, 2012 8:53pm Jul 11, 2012 8:53pm
tonight and tomorrow will be a continuation... the best best profitable moves will be next week..But we are glad we entered earlier...the other pair that will be making a nice move is the gbp/usd. i already have my entry set...
  • #49,163
  • Jul 11, 2012 8:54pm Jul 11, 2012 8:54pm
Now that the move seems to have begun to catch up to the other pairs after disappointing unemployment numbers look at the potential.
Attached Image (click to enlarge)
Click to Enlarge Name: au bat.jpg Size: 100 KB
Don't follow me! You can and most likely will LOSE all your money!!!!
  • #49,164
  • Jul 11, 2012 8:54pm Jul 11, 2012 8:54pm
glad i was in that downward move
  • #49,165
  • Jul 11, 2012 8:56pm Jul 11, 2012 8:56pm
Quoting dailyking
tonight and tomorrow will be a continuation... the best best profitable moves will be next week..But we are glad we entered earlier...the other pair that will be making a nice move is the gbp/usd. i already have my entry set...
hey daily, I was wondering if you could tell me if you knew at all, how I could start a thread?

Thanks
  • #49,166
  • Jul 11, 2012 8:58pm Jul 11, 2012 8:58pm
Quoting Zircon

nice catch indeed...
  • #49,167
  • Jul 11, 2012 8:58pm Jul 11, 2012 8:58pm
NZD just broken support as well.
FF journal: Peaks and Troffs
  • #49,168
  • Jul 11, 2012 8:58pm Jul 11, 2012 8:58pm
Quoting jayjb
glad i was in that downward move
when to enter long?1.015x??
Sometimes it's better to be wrong,to learn..
  • #49,169
  • Jul 11, 2012 9:00pm Jul 11, 2012 9:00pm
there is no long in this set up...no long. Keep your money at bay, if you want to go long. the market has clearly spoken
  • #49,170
  • Jul 11, 2012 9:01pm Jul 11, 2012 9:01pm
Quoting KiNgEdwarD
when to enter long?1.015x??


got one waiting at 1.0164...
  • #49,171
  • Jul 11, 2012 9:05pm Jul 11, 2012 9:05pm
Quoting petehnm
nice catch indeed...
yep sometimes i prefer this kind of scalp ,more better than waiting for the daily trend to begin.. it is fast and straight
If skills could be acquired by watching, every dog would be a butcher. Turk
  • #49,172
  • Jul 11, 2012 9:05pm Jul 11, 2012 9:05pm
Quoting dailyking
there is no long in this set up...no long. Keep your money at bay, if you want to go long. the market has clearly spoken
So if one was to short aud, if longer term is down what would be best entry point?
  • #49,173
  • Jul 11, 2012 9:08pm Jul 11, 2012 9:08pm
Quoting dailyking
tonight and tomorrow will be a continuation... the best best profitable moves will be next week..But we are glad we entered earlier...the other pair that will be making a nice move is the gbp/usd. i already have my entry set...

what is ur entry point on gbp/usd ?? nd whats ur sl nd tp ??
  • #49,174
  • Jul 11, 2012 9:14pm Jul 11, 2012 9:14pm
you can set an entry short at 1.0218...If price reach it, that's fine. Otherwise, you will have to enter at the break of the 1.0174 pivot, and set stop loss at 1.0280, which is around 110 pips not bad anyway
Attached Image (click to enlarge)
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  • #49,175
  • Jul 11, 2012 9:17pm Jul 11, 2012 9:17pm
my short on gbp/usd is at 1.5482 sl=1.5520 (intraday set up)
(daily set up) is entry=1.5482 sl=1.5520 . Both have the same take profit..you can have it on my journal here

http://www.forexfactory.com/showthre...=1#post5833619
  • #49,176
  • Jul 11, 2012 9:20pm Jul 11, 2012 9:20pm
Right on the money daily I have a pending short at 1.02174 for AUD/USD and .79565 on NZD/USD
  • #49,177
  • Jul 11, 2012 9:23pm Jul 11, 2012 9:23pm
ok thanks dailyking.
  • #49,178
  • Jul 11, 2012 9:24pm Jul 11, 2012 9:24pm
With Weak employment numbers and confirmation of no QE3 yesterday, market back on a risk aversioin trail...
Gold is falling, china is lowering interest rate, and growth forecasts...
someone's got to be smart not to be longing now...

shorted AUDUSD at 1.0223 my 1st TP at 1.0110 next 1.0000
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #49,179
  • Jul 11, 2012 9:31pm Jul 11, 2012 9:31pm
Quoting CNTrader
Now that the move seems to have begun to catch up to the other pairs after disappointing unemployment numbers look at the potential.

Just to add a little FYI to consider as well. EU and GU have both fully retraced their moves from the EU Summit "Hype" and AU has not. In order for it to do so then the pattern I last posted can become a reality or at least the Price area. What it does from there should be interesting as well.
Don't follow me! You can and most likely will LOSE all your money!!!!
  • #49,180
  • Jul 11, 2012 9:33pm Jul 11, 2012 9:33pm
o.k np Rozario..i have moved all my stops to 1.0230.. 5 trades are protected at more then break even. For the 2 ones (1 is at half risk and the other at 1/3 risk)
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