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  • #5,561
  • Aug 13, 2012 3:50am Aug 13, 2012 3:50am
Quoting DaddyBear
Welcome mohai! You don't need permission to join us. -DB-
Thank you,

Like your Drawings, they are awesome.
  • #5,562
  • Aug 13, 2012 3:59am Aug 13, 2012 3:59am
Quoting KiNgEdwarD
to me the dip has been done,its bouncing from sma 200 on H1...added another long @ 38
Not sure it is done yet it might test 1.05 again
Some people say I'm lucky, but the more I practice the luckier I get
  • #5,563
  • Aug 13, 2012 4:04am Aug 13, 2012 4:04am
Not really relevant to trading here,

news : The European financial sector is now smaller than Australia’s! (http://pragcap.com/bank-of-america-a-contrarians-trade)

Is it ok by the guidelines here to post this ?
  • #5,564
  • Aug 13, 2012 4:04am Aug 13, 2012 4:04am
Quoting Robot Trader
Not sure it is done yet it might test 1.05 again
if crossed pivot and hold,i think wil keep going up 1.0580 and higher
Sometimes it's better to be wrong,to learn..
  • #5,565
  • Aug 13, 2012 4:22am Aug 13, 2012 4:22am
Quoting KiNgEdwarD
if crossed pivot and hold,i think wil keep going up 1.0580 and higher
You may be right I am watching the EUR & CHF both gaining against the AUD, if the USD can also keep gaining it would be a sign of AUD weakness, but if EUR just keeps gaining then it is just EUR strength against the USD giving it strength against all other crosses and the AUD will hold its ground against USD
Some people say I'm lucky, but the more I practice the luckier I get
  • #5,566
  • Aug 13, 2012 5:48am Aug 13, 2012 5:48am
Quoting KiNgEdwarD
if crossed pivot and hold,i think wil keep going up 1.0580 and higher
its holding above pivot,may be 1.0580 possible now..
Sometimes it's better to be wrong,to learn..
  • #5,567
  • Aug 13, 2012 6:43am Aug 13, 2012 6:43am
Quoting KiNgEdwarD
if crossed pivot and hold,i think wil keep going up 1.0580 and higher
This up move maybe a head fake.... 4 hour chart looks lined up to come down
  • #5,568
  • Aug 13, 2012 7:23am Aug 13, 2012 7:23am
Quoting flipnfaith
This up move maybe a head fake.... 4 hour chart looks lined up to come down
The EUR has made good ground against the AUD, since the LO and now the AUDUSD just bounced off my H1 downtrend line, but unfortunately the EUR is beginning to stall, I want to see both USD and EUR get stronger against AUD simultaneously before I can call it the beginning of any real down move.
Some people say I'm lucky, but the more I practice the luckier I get
  • #5,569
  • Aug 13, 2012 7:37am Aug 13, 2012 7:37am
Quoting flipnfaith
This up move maybe a head fake.... 4 hour chart looks lined up to come down
this is not a fake move?how you can say a move up or down is fake?..sounds interesting...and by the to me h4 candle and macd both pointing up
Sometimes it's better to be wrong,to learn..
  • #5,570
  • Aug 13, 2012 8:04am Aug 13, 2012 8:04am

FUDGE
  • #5,571
  • Aug 13, 2012 8:11am Aug 13, 2012 8:11am
still waiting for the swing to downside support 1.0436 and 1.0375 area

surprised to see aud not as bull as eur today.
  • #5,572
  • Aug 13, 2012 8:16am Aug 13, 2012 8:16am
Mr bear your honey pot is at 1.0490, gogo there.
  • #5,573
  • Aug 13, 2012 8:19am Aug 13, 2012 8:19am
Quoting 5percent
still waiting for the swing to downside support 1.0436 and 1.0375 area

surprised to see aud not as bull as eur today.
but give me my bull pips
Sometimes it's better to be wrong,to learn..
  • #5,574
  • Aug 13, 2012 8:21am Aug 13, 2012 8:21am
I was long at 539 and rode it up to 574, but it's back down and I closed out at break even
  • #5,575
  • Aug 13, 2012 8:23am Aug 13, 2012 8:23am
Quoting 5percent
still waiting for the swing to downside support 1.0436 and 1.0375 area

surprised to see aud not as bull as eur today.
We need to keep it below 0535... Should see 1.05 shortly.
  • #5,576
  • Aug 13, 2012 8:23am Aug 13, 2012 8:23am
Quoting 5percent
Mr bear your honey pot is at 1.0490, gogo there.
It has 200 ma in H1. break down or not?
  • #5,577
  • Aug 13, 2012 8:24am Aug 13, 2012 8:24am
Quoting banana
I was long at 539 and rode it up to 574, but it's back down and I closed out at break even
i think most mt4 allows partial profits? 25/50/75/100%, and set stop BE?

at least ur not in red,
  • #5,578
  • Aug 13, 2012 8:26am Aug 13, 2012 8:26am
Quoting bouble
It has 200 ma in H1. break down or not?
remained in stucked range. 1.05-1.06 since last week. limited up and down.

1.0495-1.0510 remain strong, hard to break down, unless sudden volatility and volume.

30/40 bid zone. only break 1.0495 then mr bear has his honey.
  • #5,579
  • Aug 13, 2012 8:28am Aug 13, 2012 8:28am
Quoting 5percent
i think most mt4 allows partial profits? 25/50/75/100%, and set stop BE?

at least ur not in red,

Yeah I can close out partial but I usually watch like a hawk till I'm in 20+ in the green and then move my stop up. If I were watching I would have seen that it ran out of steam pretty fast
  • #5,580
  • Aug 13, 2012 10:06am Aug 13, 2012 10:06am
below 1.0495 says goodbye to 1.0615. and say hi to 1.0436
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