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  • #6,581
  • Aug 17, 2012 10:05am Aug 17, 2012 10:05am
now do someone believe that's the low or still more room for it to go down?
Sometimes it's better to be wrong,to learn..
  • #6,582
  • Aug 17, 2012 10:09am Aug 17, 2012 10:09am
Quoting KiNgEdwarD
now do someone believe that's the low or still more room for it to go down?
It's the low, going back up to test top of trend line. Wouldn't be surprised if it doesnt go to 1.06 first of next week.
  • #6,583
  • Aug 17, 2012 10:10am Aug 17, 2012 10:10am
Quoting flipnfaith
It's the low, going back up to test top of trend line. Wouldn't be surprised if it doesnt go to 1.06 first of next week.
that's my tp
Sometimes it's better to be wrong,to learn..
  • #6,584
  • Aug 17, 2012 10:16am Aug 17, 2012 10:16am
Quoting KiNgEdwarD
that's my tp
You must like pain and suffering. It takes a lot of gall to buck seasonals/cycles that are pointing DOWN !!!
  • #6,585
  • Aug 17, 2012 10:22am Aug 17, 2012 10:22am
Quoting chiknthief
You must like pain and suffering. It takes a lot of gall to buck seasonals/cycles that are pointing DOWN !!!
sl is here...no worries...
Sometimes it's better to be wrong,to learn..
  • #6,586
  • Aug 17, 2012 10:25am Aug 17, 2012 10:25am
Quoting KiNgEdwarD
sl is here...no worries...
Very wise.
  • #6,587
  • Aug 17, 2012 10:26am Aug 17, 2012 10:26am
Quoting chiknthief
You must like pain and suffering. It takes a lot of gall to buck seasonals/cycles that are pointing DOWN !!!
My thinking... Early next week it will test 1.0450ish area. It will most likely fail, then the elevator is going to give out and south we head.
  • #6,588
  • Aug 17, 2012 10:29am Aug 17, 2012 10:29am
Quoting chiknthief
You must like pain and suffering. It takes a lot of gall to buck seasonals/cycles that are pointing DOWN !!!
Some people never do learn.

Already warned last week that the top was forming on this pair and that the big boys were going to sell the AUD and move money into the CAD.

Of course, the fundie gets ignored because hey! He doesn't give charts or price levels...Wait! He doesn't need to!


I've buy limits at 0350, 0300, 0250 but my decision may change based on price action. Don't think the AUD/USD will fall to 0200 levels though. That would be a huge surprise for me.
  • #6,589
  • Aug 17, 2012 10:29am Aug 17, 2012 10:29am
I'm already eyeing 1.0310. Lets see if it goes that far.
  • #6,590
  • Aug 17, 2012 10:32am Aug 17, 2012 10:32am
[quote=Nate04;5937823]My thinking... Early next week it will test 1.0450ish area. It will most likely fail, then the elevator is going to give out and south we head.[/quot

I agree ---------- This is only the 1st bar after the weekly DOJI. The market tends to follow thru with a few more bars before a turn. The next several weeks should be fun.
Attached Image (click to enlarge)
Click to Enlarge Name: aud usd wkly doji.gif Size: 21 KB
  • #6,591
  • Aug 17, 2012 10:32am Aug 17, 2012 10:32am
Quoting irfandbl
if EU and AU correlate each other and AU heading towards 1.06xx by today, then I'll be damned...I'm currently under water on EU.
What an awful way to start the weekend and Eid
tomorrow is eid there bro? ?
Sometimes it's better to be wrong,to learn..
  • #6,592
  • Aug 17, 2012 10:37am Aug 17, 2012 10:37am
Quoting Esssex
Some people never do learn.

Already warned last week that the top was forming on this pair and that the big boys were going to sell the AUD and move money into the CAD.

Of course, the fundie gets ignored because hey! He doesn't give charts or price levels...Wait! He doesn't need to!


I've buy limits at 0350, 0300, 0250 but my decision may change based on price action. Don't think the AUD/USD will fall to 0200 levels though. That would be a huge surprise for me.

I warned everybody of the impending BEAR back on july 21. The next one will arrive in november right on schedule.
  • #6,593
  • Aug 17, 2012 10:39am Aug 17, 2012 10:39am
remember this guy that told me not to go long at 1.0450 this afternoon (my afternoon)?

Attached Image



he's about to give me some bad numbers for the bulls during the weekend, hope he's not right this time
  • #6,594
  • Aug 17, 2012 10:40am Aug 17, 2012 10:40am
Quoting chiknthief
I warned everybody of the impending BEAR back on july 21. The next one will arrive in november right on schedule.

Agreed, The Aussie is way over valued
  • #6,595
  • Aug 17, 2012 10:43am Aug 17, 2012 10:43am
Quoting KiNgEdwarD
tomorrow is eid there bro? ?
no bro, it's either Sunday or Monday, most probably Sunday, but it depends on how the government sees the Hilal during Saturday evening. If they don't see the Hilal on Saturday evening, then we're having the Eid on Monday
  • #6,596
  • Aug 17, 2012 10:43am Aug 17, 2012 10:43am
Quoting irfandbl
remember this guy that told me not to go long at 1.0450 this afternoon (my afternoon)?

Attachment


he's about to give me some bad numbers for the bulls during the weekend, hope he's not right this time
Your ball is right this time. Great! But, your ball may be left next time ...... -Papa-
daddybearforex. com
  • #6,597
  • Aug 17, 2012 10:43am Aug 17, 2012 10:43am
Quoting irfandbl
remember this guy that told me not to go long at 1.0450 this afternoon (my afternoon)?

Attachment


he's about to give me some bad numbers for the bulls during the weekend, hope he's not right this time
what about eid ???announced or not?
Sometimes it's better to be wrong,to learn..
  • #6,598
  • Aug 17, 2012 10:50am Aug 17, 2012 10:50am
I think , wait for the panic with news of interest rate to end.

Maybe. next week.
  • #6,599
  • Aug 17, 2012 10:50am Aug 17, 2012 10:50am
Quoting DaddyBear
Your ball is right this time. Great! But, your ball may be left next time ...... -Papa-
I hope so too Papa, I still would love to visit 1.0716. Hope the guy's "left" on the numbers for the weekend..
But even if he's right, there's still a chance for AU to visit 1.0716 (I hope)
  • #6,600
  • Aug 17, 2012 10:52am Aug 17, 2012 10:52am
Quoting irfandbl
remember this guy that told me not to go long at 1.0450 this afternoon (my afternoon)?

Attachment


he's about to give me some bad numbers for the bulls during the weekend, hope he's not right this time
The ball negotiate for cheap price?
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