PA by Julexo

stir i c you still around? what is yours picture?

by my calculation...waiting for drop 40pips from 2764number...than i'll place long for same time...

Computer is on but I haven't been paying attention. I closed my eu long at be and closed my au short before employment news (good thing). I watched the spike up on au and shorted when it hit supply. There isn't much conviction in pa for au to go higher but it still could. I think eu and au are still at risk of going down. I believe this because of the uncertainty we are seeing in the us stock market (down 312pts today). Investors are nervous. The DAX is down and the recent issues in greece are adding more pressure. Unless the govt. has control of the more than 1 Trillion sitting on the sidelines, I don't see why anyone would want to risk their money in stocks right now, unless they are short. If there are any further problems in eurozone, if one country goes bankrupt, I think the euro will drop significantly. This will cause the usd to go up against other currencies. I think this will only be temporary because when the smoke clears in europe, all eyes will be on the us economy. This is a longer view but for what its worth...

And I almost forgot... there is the issue of the us going off the fiscal cliff. Little changed with the outcome of the election. Congress was unable to solve the budget issues before and I find it difficult to believe that they will solve it now. During this time, there will be a lot of volatility in the markets. I don't think the us will have immigration issues in the future because there will be less and less opportunity here.

Regards,
fxstir

like all ways clear from your's side...

Thank you Julexo,

With regards to my comment about the us fiscal cliff:

"Little changed with the outcome of the election. Congress was unable to solve the budget issues before and I find it difficult to believe that they will solve it now. During this time, there will be a lot of volatility in the markets."

What I really like about pa is that the more volatile the stronger the levels are on the h4 and daily time frames. In other words, with volatility there is great opportunity.

Happy Trades,
fxstir

Hmm... I don't know if anyone here trades the audnzd?

Here is what I see on the h4

Happy Trades,
fxstir

another 100 buck bank in... total 400 buck this week...

Awesome !!!

tq...

hope same goes with you..

eu looking for 1.2636???

Should be the next reasonable target with or without mess... All the best.

fak! why eu still not going down?? us data superb!..

i'm out for the moment, don't wanna see crazy up move ....

Market bounced from 1.59281 which is a new low & kissed the 1.60030 area. It retraced 38.2% of that move heading for 1.60507 which is 61.8% extension to the up side. Entered long at 1.5975 with SL @ 1.59660 TP 1.6050

GL & Happy Trading.

boring PA... close all sell post, +2 buck...

time to sleep... gud luck guys..

Cheers mate !!! Sleep tight, we need fresh mind to fight the market ...

if it get's there I'm in ....

us dollar chart...

mornin....

it's going now my friend...

I stading on short side...from 2750