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  • #21
  • Sep 18, 2012 10:30am Sep 18, 2012 10:30am
Quoting aeternum
Pending USDJPY 77.50 Long, TP 80.00

Pending USDCAD 0.96768 Long, TP 0.99434

Pending NZDUSD 0.835/0.84639 Short, TP 0.77695/0.75185
Pending GBPUSD 1.615 Long, TP 1.64208

Pending EURUSD 1.29344/1.30176 Long, TP 1.32833
Will then see PA, may trail long straight to 1.35 or short down to 1.25xx and lower.
A 1 pip gain is better than a 1 pip loss.
  • #22
  • Sep 18, 2012 10:32am Sep 18, 2012 10:32am
Quoting aeternum
Seems like AUDUSD did indeed fall close to 1.04296. It has since come up a little. I expect it to test 1.07132 soon.

EURUSD seems to be closing in a shooting star with a doji the day before. Overbought conditions indicate that this is a sell signal. I'm looking for 1.29344. Should PA continue dropping, we should retest 1.26xx.

Still unclear with GBPUSD. With EURUSD and AUDUSD dropping, GBPUSD seems stubborn enough and still wants to test 1.64xx.

Missed an opportunity with NZDUSD at 0.835. It has currently shot down and does not seem to...
AUDUSD broke 1.04296 but failed to break 1.041. This should be a bounce back up for a higher test. Expecting 1.07132. TP1 @ 1.065.
A 1 pip gain is better than a 1 pip loss.
  • #23
  • Sep 18, 2012 11:02am Sep 18, 2012 11:02am
EURUSD: Major trendline coming down staring at 1.325 max. If we fail to break this, I definitely don't think we will be see 1.3xx levels anytime soon. Probably never.

(May pend short at that level, TP toward 1.18xx or lower)

AUDUSD: Looks like its in a range, but about to touch the bottom of sharp upward channel. Personally, I don't believe in that channel because of how sharp it is. So I'm trading this based on S&R and minor channels (the red one, and the purple trend line)

(Already long here, waiting for a top out close to 1.08xx or higher, probably won't short AUDUSD because of interest rate differential)

GBPUSD: Definite ranging here. We're reaching the heavy supply zone where we can look for a sell of over 1000 pips.

(Already short here, may close out to go long another 200-300 pips at 1.64208 before shorting down back to 23.6 pink fib at 1.50698 TP)
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURUSD 18 September 2012 PM.png Size: 87 KB
Click to Enlarge Name: AUDUSD 18 September 2012 PM.png Size: 80 KB
Click to Enlarge Name: GBPUSD 18 September 2012 PM.png Size: 79 KB
A 1 pip gain is better than a 1 pip loss.
  • #24
  • Sep 18, 2012 2:06pm Sep 18, 2012 2:06pm
USDJPY after BOJ's announcement that they are considering additional easing.

Seems like it will reach my target of 79.14, although I do not have an order on this.
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPY 18 September 2012 PM.png Size: 66 KB
A 1 pip gain is better than a 1 pip loss.
  • #25
  • Sep 18, 2012 2:31pm Sep 18, 2012 2:31pm
This looks ripe to go long. TP almost 400 pips upwards.
Attached Image (click to enlarge)
Click to Enlarge Name: AUDNZD 19 September 2012.png Size: 67 KB
A 1 pip gain is better than a 1 pip loss.
  • #26
  • Sep 19, 2012 12:54am Sep 19, 2012 12:54am
As expected, it has reached the 38.2 Fib level @ 79.14. It should retrace now, but it may continue its march upwards.
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPY 19 September 2012.png Size: 63 KB
A 1 pip gain is better than a 1 pip loss.
  • #27
  • Sep 19, 2012 1:03am Sep 19, 2012 1:03am
As expected, both EURUSD and AUDUSD have retraced over 100 pips and are now continuing its march upwards.

If both these pairs have done a 100 pip retracement, I expect GBPUSD to also do the same and at least retrace to 1.616xx.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURUSD 19 September 2012 AM.png Size: 78 KB
Click to Enlarge Name: AUDUSD 19 September 2012 AM.png Size: 78 KB
A 1 pip gain is better than a 1 pip loss.
  • #28
  • Sep 19, 2012 1:06am Sep 19, 2012 1:06am
Forgot to add GBPUSD. Doji from yesterday. RSI has room to drop a little. Let's see what it does by the end of the week. It should drop before continuing its march to 1.64.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD 19 September 2012 AM.png Size: 69 KB
A 1 pip gain is better than a 1 pip loss.
  • #29
  • Sep 19, 2012 1:26am Sep 19, 2012 1:26am
Quoting aeternum
Forgot to add GBPUSD. Doji from yesterday. RSI has room to drop a little. Let's see what it does by the end of the week. It should drop before continuing its march to 1.64.
I think it may fall further than that. My current TP is now at 1.6125 which stands at the tip of the falling orange trend line. After which I would hold my position to see if it breaks the trend line and heads back down, otherwise I would go long and TP 1.64xx.
A 1 pip gain is better than a 1 pip loss.
  • #30
  • Sep 19, 2012 1:47am Sep 19, 2012 1:47am
I also see gold testing 1800 although I would not be doing any trades on gold because of how uncertain QE is. I may look to a sell near 1900 - 2000 and TP 1500 (very long term trade).
A 1 pip gain is better than a 1 pip loss.
  • #31
  • Sep 19, 2012 3:43am Sep 19, 2012 3:43am
Both the Bank of Japan and Bank of England are dovish. BOJ will be implementing QE while BOE will continue their asset purchasing while rates remain at 0.5%.

Retracement due perhaps?
A 1 pip gain is better than a 1 pip loss.
  • #32
  • Sep 19, 2012 4:43am Sep 19, 2012 4:43am
Quoting aeternum
Pending GBPUSD 1.615 Long, TP 1.64208

Pending EURUSD 1.29344/1.30176 Long, TP 1.32833
Will then see PA, may trail long straight to 1.35 or short down to 1.25xx and lower.
EURUSD has touched 1.30176.
A 1 pip gain is better than a 1 pip loss.
  • #33
  • Sep 19, 2012 6:24am Sep 19, 2012 6:24am
GBPUSD has shot downwards ever since BOE announced its dovish stance. It has formed a bearish engulfing bar on H4 along with a bearish divergence and a doji from yesterday. Will it finally break out of its consolidation and head back to 1.54xx?
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD 19 September 2012 PM.png Size: 72 KB
A 1 pip gain is better than a 1 pip loss.
  • #34
  • Sep 19, 2012 6:30am Sep 19, 2012 6:30am
EURUSD has touched the daily RSI trend line. Will it break lower?

AUDUSD looks done for retracing and has started going into a doji in daily. Will it close as a doji? If it does, will we continue a down move or an up move?

And if both EURUSD and AUDUSD move up for the rest of the week, does this mean GBPUSD is lagging behind and has only started its retracing today and will follow with upward trend after this retracement is done?
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURUSD 19 September 2012 PM.png Size: 72 KB
Click to Enlarge Name: AUDUSD 19 September 2012 PM.png Size: 72 KB
A 1 pip gain is better than a 1 pip loss.
  • #35
  • Sep 19, 2012 9:08am Sep 19, 2012 9:08am
Quoting aeternum
EURUSD has touched 1.30176.
It went lower, but came back up obediently. If it closes in a doji today, I will be looking to buy until 1.3175 to 1.319 areas, possible overshoot to 1.32, but I don't think we'll go any further than this.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD 19 September 2012 Update.png Size: 72 KB
A 1 pip gain is better than a 1 pip loss.
  • #36
  • Sep 19, 2012 9:17am Sep 19, 2012 9:17am
Quoting aeternum
AUDUSD broke 1.04296 but failed to break 1.041. This should be a bounce back up for a higher test. Expecting 1.07132. TP1 @ 1.065.
Got out of my GBPUSD trade with a small profit. I have a feeling that USD will continue weaken in the risk on environment and we will see a push back up.

As I've felt, this was a simple retracement. Nothing more, nothing less. We should now continue with upward movement for EURUSD, GBPUSD and AUDUSD.

Pending AUDUSD 1.041/2 long. TP1 @ 1.065, TP2 @ 1.07132.
A 1 pip gain is better than a 1 pip loss.
  • #37
  • Sep 19, 2012 9:45am Sep 19, 2012 9:45am
Could we actually be having a hidden bullish divergence here? Divergences are popping up everywhere, including bearish ones. Tough one to call.
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSD 19 September 2012 Hidden Bullish.png Size: 74 KB
A 1 pip gain is better than a 1 pip loss.
  • #38
  • Sep 19, 2012 1:46pm Sep 19, 2012 1:46pm
Quoting aeternum
Pending AUDUSD 1.041/2 long. TP1 @ 1.065, TP2 @ 1.07132.
May actually shift PO to 1.3915. Gonna wait and see what happens tomorrow. TP targets still remain the same.
A 1 pip gain is better than a 1 pip loss.
  • #39
  • Sep 19, 2012 1:52pm Sep 19, 2012 1:52pm
I just happened to be clicking around and I found this. If it ends in a doji, I'm gonna short this all the way down to at least 1.52xx.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD 19 September 2012 Update.png Size: 72 KB
A 1 pip gain is better than a 1 pip loss.
  • #40
  • Sep 19, 2012 1:54pm Sep 19, 2012 1:54pm
Quoting aeternum
May actually shift PO to 1.3915. Gonna wait and see what happens tomorrow. TP targets still remain the same.
After seeing the weekly for AUDUSD, I am no longer confident of going long on this. The close for the weekly candle will tell a good story of the next step. But it should be safe to say 1.05 and 1.04 will be revisited once again within this week. Yes, both.
A 1 pip gain is better than a 1 pip loss.
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