DislikedI'm flat A/U and short E/A from 1.725
I'm waiting for a pullback on A/U to go long or a 1.2.3 1hour reversal to go short. It could well go sideways, I'm not going to guess.Ignored
trade safe
EUR/USD, AUD/USD, and CAD/USD ready to move up 2 replies
EUR/GBP, EUR/USD, GBP/USD, AUD/USD, CAD, NZD, JPY, and more... 14 replies
Anyone here trading AUD/USD or USD/AUD tonight regarding AUS Home Loan Report? 1 reply
The AUD/USD 1.00 EUR/AUD 1.60 GBP/AUD 2.00 Thread! 0 replies
AUD Trade Balance and AUD Retail sales 6 replies
DislikedI'm flat A/U and short E/A from 1.725
I'm waiting for a pullback on A/U to go long or a 1.2.3 1hour reversal to go short. It could well go sideways, I'm not going to guess.Ignored
DislikedI know this is AU blog but cant resist to post this on NZD/USD.
There is a possible very good short opportunity arising on NZD/USD. This pair has been bullish from last few days when i was expecting it to be bearish when days back it broke the .7930 region and then it retested that region last week and could not break it on first occasion and then finally broke on Thursday with news.
If you look on Daily chart, there is downward resistance line. Also on Fibonacci extension of .7370-.8842, the 50% level is at .8106. Recently pair tested this...Ignored
DislikedIf 1.0500 gives in 1.0575 is next and then LTTL around 1.0670. Wouldn't wanna short this one.Ignored
Dislikedur expectancy should rise on larger tf but profit factor may or may not change. Depends on how well u handle lossesIgnored
Dislikedtrue larger tfs more reliable thats wot i felt too. its like you get bigger picture to see. what you think of this pair?Ignored
DislikedAlready carrying a short,if it goes up some more.
I do another one
Yes for sure its going up,but a retrace is due soonIgnored
DislikedHello
My short is $2.60 - at the moment
You are right it could rocket up,
Tricky little rooster,lots off retail buyers pushing it upIgnored
DislikedIf you don't mind me saying that's a sure way to blow an account. The market will do what it will do.As a swingtrader I'm amazed at people trying to pick tops and bottoms. This could well be an exhaustion spike, but what if news out of Europe drives this higher? Patience is the name of the game.Ignored
Dislikedlot of talk about QE3 and I can't find it in the news calender.
Can someone please post when this is due?Ignored
DislikedBuying and selling inside the trend until it gives is how you make money. People trying to pick bottoms and tops constantly will have an occasional blow out win (and then pussy out and close their trade too early, not letting it run because they lose so much), but 90% of the time they're going to be eating losses.Ignored
DislikedGBPAUD the same, resumed initial pace of downtrend, 1.4900 in danger but likely midterm target remains 1.4550 IMO.Ignored
DislikedWhat you think of 78.6% fib level it is retesting now at 1.49 on extension of 1.46-1.62?
even though i m bearish about this pair as well, as AUD is in bullish mode and sterling in bearish.Ignored