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AUD/USD

  • #50,061
  • Jul 16, 2012 1:07am Jul 16, 2012 1:07am
The past 2 4H closes (GMT 4H) were right on the monthly resistance line.

Everyone can trade what they like. I'm currently long and watching for the prior high to break or hold. Had an early entry as a lower TF scalp so holding it for now.

Patience for the break out makes more sense than guessing something that can't be guessed and fighting about it.

Current charts.
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  • #50,062
  • Jul 16, 2012 1:11am Jul 16, 2012 1:11am
Quoting Fudomyo
Everyone can trade what they like. I'm currently long and watching for the prior high to break or hold.
I'm long as well, seems to be room on the upside.
  • #50,063
  • Jul 16, 2012 1:14am Jul 16, 2012 1:14am
Quoting Fudomyo
The past 2 4H closes (GMT 4H) were right on the monthly resistance line.

Everyone can trade what they like. I'm currently long and watching for the prior high to break or hold. Had an early entry as a lower TF scalp so holding it for now.

Patience for the break out makes more sense than guessing something that can't be guessed and fighting about it.

Current charts.
am i got it right
U mean
Shorting = Guessing
Long = More sense
  • #50,064
  • Jul 16, 2012 1:24am Jul 16, 2012 1:24am
Quoting Fudomyo
No. I said I had an early entry on a scalp. The long trade would be the break out on the high (02285), which is why I wrote "patience for the break out instead of guessing"
Got what u mean
Thanks for Clearing it
  • #50,065
  • Jul 16, 2012 1:27am Jul 16, 2012 1:27am
Quoting egkid
Got what u mean
Thanks for Clearing it
lol 0.2285 in our scheme of things to come huh..... what perhaps a last short area??

but i dunno if we can break above that.... i did warn about 1.0230 and 1.0250 downward trend resistance....
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #50,066
  • Jul 16, 2012 1:29am Jul 16, 2012 1:29am
Time to go down.
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"Study the past if you would define the future." Confucius
  • #50,067
  • Edited 1:52am Jul 16, 2012 1:37am | Edited 1:52am
Quoting Fudomyo
Let's see. Technically it has room to rise, we just need to see how much the Moody's news affects sentiment. That's the wild card.
こんばんは!

At this point, Aussie will go down first then rise again to the higher ground. The support could be at 1.0180. -IMHO-
daddybearforex. com
  • #50,068
  • Jul 16, 2012 1:39am Jul 16, 2012 1:39am
Guys it looks like it may fall a little further usually in a non trending market the overall trend in the short term normally wins which is Bearish. I still think we see an upside move however I think we may trend lower. Levels to watch for possible short term longs would be 1.0174 and 1.0167 (100SMA on 4H). Its possible the 1.02 holds as well though but any move over 1.025 should open up 1.032-1.034. If it gets that high I'd be over leveraged like hell on a short. Take my ass to a blood bank so I got short it some more type leverage man o man
  • #50,069
  • Jul 16, 2012 1:46am Jul 16, 2012 1:46am
Spiked up to my TL. Bulls are getting tired.1.0214 wont hold the price.Good luck bears.
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"Study the past if you would define the future." Confucius
  • #50,070
  • Jul 16, 2012 2:09am Jul 16, 2012 2:09am
i look the daily chart and seems easy think that wee will see 1.0455 in few weeks
  • #50,071
  • Jul 16, 2012 2:15am Jul 16, 2012 2:15am
Quoting Itrade24h
i look the daily chart and seems easy think that wee will see 1.0455 in few weeks
EASY!!
Everything possible But Easy word!!
post like this make me thinking many time before i posting my work !!
  • #50,072
  • Jul 16, 2012 2:25am Jul 16, 2012 2:25am
Quoting egkid
EASY!!
Everything possible But Easy word!!
post like this make me thinking many time before i posting my work !!
egkid, take it easy! He just expressed his view and didn't attack anybody. Why are you so upset? This is a forum. Everybody's freedom of speech must be respected.
daddybearforex. com
  • #50,073
  • Jul 16, 2012 2:29am Jul 16, 2012 2:29am
Quoting DaddyBear
egkid, take it easy! He just expressed his view and didn't attack anybody. Why are you so upset? This is a forum. Everybody's freedom of speech must be respected.
Yes true and i never up set from any view but hopefully when i post it go that high give logical reason or chart better than Easy
  • #50,074
  • Jul 16, 2012 2:33am Jul 16, 2012 2:33am
And again and again and again... the only safe short stays EUR/AUD.

Just hit yet another historic low...
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Don't get mad, get even!
  • #50,075
  • Jul 16, 2012 2:34am Jul 16, 2012 2:34am
Quoting stulic
And again and again and again... the only safe short stays EUR/AUD.

Just hit yet another historic low...
Good work here
  • #50,076
  • Jul 16, 2012 2:36am Jul 16, 2012 2:36am
Quoting egkid
Yes true and i never up set from any view but hopefully when i post it go that high give logical reason or chart better than Easy
I understand your frustration. But, there is no rules requiring a message must be in certain format or must attach charts or reasons. Since you are a senior member, it's time to show your open-minded welcome to this new member. May we have a deal?
daddybearforex. com
  • #50,077
  • Jul 16, 2012 2:39am Jul 16, 2012 2:39am
EUR/USD is about ready to take out it's Friday morning spike only a matter of time before AUD follows suit..

Dollar Future Update.....
we broke through resistance at 83.55 and now look to trade towards the 84 Level again. The dollar has troubles at this price so I will monitor OI to see if we sell off again or break through...I am of course short small first leg of my position on /DX but have also shorted more contracts on (6A) AUD/USD and (6E)EUR/USD..We will see but USD is trading up against a major daily 88.6%
  • #50,078
  • Jul 16, 2012 2:44am Jul 16, 2012 2:44am
M15, target : 1.0178. This would be a great price for D1 close too
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"Study the past if you would define the future." Confucius
  • #50,079
  • Jul 16, 2012 2:45am Jul 16, 2012 2:45am
Quoting DaddyBear
I understand your frustration. But, there is no rules requiring a message must be in certain format or must attach charts or reasons. Since you are a senior member, it's time to show your open-minded welcome to this new member. May we have a deal?
Thank u DB
U are right
  • #50,080
  • Jul 16, 2012 2:47am Jul 16, 2012 2:47am
Woot... just got word i passed my 1st Year Uni, and i got a 2:1 Average...
Barclays Capital, here i come next summer!!! yipeee
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
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