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  • #13,141
  • Nov 14, 2012 7:58am Nov 14, 2012 7:58am
Quoting maximmm
The problem with selling is that there's tons of support - so there's not much clarity until that's broken.

Even if aud triangle is broken, there's only 50 pips to the downside until support. Now, when that support gets broken, things will become much more interesting.
"there's only 50 pips to the downside"

Usually how many pips are you willing to settle?
daddybearforex. com
  • #13,142
  • Nov 14, 2012 8:02am Nov 14, 2012 8:02am
Quoting DaddyBear
"there's only 50 pips to the downside"

Usually how many pips are you willing to settle?
db 25 pips for you 25 pips for me .it"s OK
  • #13,143
  • Nov 14, 2012 8:04am Nov 14, 2012 8:04am
Quoting Tim_isoara
db 25 pips for you 25 pips for me .it"s OK
Good deal!
daddybearforex. com
  • #13,144
  • Nov 14, 2012 8:05am Nov 14, 2012 8:05am
2 PM FOMC Meeting Minutes. In case anyone overlooked.
daddybearforex. com
  • #13,145
  • Nov 14, 2012 8:06am Nov 14, 2012 8:06am
Quoting DaddyBear
Good deal!
channel was broke
  • #13,146
  • Nov 14, 2012 8:06am Nov 14, 2012 8:06am
Quoting DaddyBear
"there's only 50 pips to the downside"

Usually how many pips are you willing to settle?
even 25 is fine by me - if there's a clear picture. The problem is, I see every currency right now at a big support line - and another big support line below - that takes away the confidence to sell - much

Which is why I'm selling usdjpy till the 80 handle

If aud reaches 10440, then I might sell - since then the target would be 100 pips away.
  • #13,147
  • Nov 14, 2012 8:07am Nov 14, 2012 8:07am
Quoting Tim_isoara
channel was broke
if 1.0395 hold is nice for long
  • #13,148
  • Nov 14, 2012 8:07am Nov 14, 2012 8:07am
At the end of day, this flag will fly at a plateau.

http://www.forexfactory.com/attachme...1&d=1352515367
daddybearforex. com
  • #13,149
  • Nov 14, 2012 8:08am Nov 14, 2012 8:08am
Quoting Tim_isoara
channel was broke
Which channel?
daddybearforex. com
  • #13,150
  • Nov 14, 2012 8:09am Nov 14, 2012 8:09am
Quoting DaddyBear
Which channel?
did not see my chart
  • #13,151
  • Nov 14, 2012 8:11am Nov 14, 2012 8:11am
Quoting Tim_isoara
if 1.0395 hold is nice for long
1.0395x is likely to hold even temporarily. I may send some bulls there. IMO
daddybearforex. com
  • #13,152
  • Nov 14, 2012 8:11am Nov 14, 2012 8:11am
having said that, nzd did breach the triangle and I think it will retest the broken line prior to moving lower - so I'll wait for the retest in order to sell
  • #13,153
  • Nov 14, 2012 8:13am Nov 14, 2012 8:13am
btw, aud may bounce of 1.0430, rather than 40
  • #13,154
  • Nov 14, 2012 8:17am Nov 14, 2012 8:17am
Quoting maximmm
btw, aud may bounce of 1.0430, rather than 40
agree
  • #13,155
  • Nov 14, 2012 8:17am Nov 14, 2012 8:17am
Quoting maximmm
btw, aud may bounce of 1.0430, rather than 40
1.0415 is the Bears' frontier now.
daddybearforex. com
  • #13,156
  • Nov 14, 2012 8:20am Nov 14, 2012 8:20am
I have noticed one brave man is long the Aussie. May be he knows something we don't know.
daddybearforex. com
  • #13,157
  • Nov 14, 2012 8:30am Nov 14, 2012 8:30am
Quoting DaddyBear
I have noticed one brave man is long the Aussie. May be he knows something we don't know.
Maybe it's short term long - very short term
  • #13,158
  • Nov 14, 2012 8:36am Nov 14, 2012 8:36am
Quoting maximmm
Maybe it's short term long - very short term
But, the poll is for a 24 hours time frame not a very short term.
daddybearforex. com
  • #13,159
  • Nov 14, 2012 9:08am Nov 14, 2012 9:08am
Quoting aqeelaputra

Attachment

still wait daily close
Attached Image (click to enlarge)
Click to Enlarge Name: aud scalp.gif Size: 24 KB
  • #13,160
  • Nov 14, 2012 9:12am Nov 14, 2012 9:12am
Quoting aqeelaputra
still wait daily close
Attachment
Who is in the picture?
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