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  • #13,641
  • Nov 15, 2012 2:30am Nov 15, 2012 2:30am
Quoting maximmm
Something to consider for everyone about what we are seeing^^

The rumors of intervention have been going around for a while - here is an article published today

http://online.wsj.com/article/SB10001424127887324556304578119643991250544.html?mod=googlenews_wsj
This is intervention for up or down Aud? But aud on october is up, and 900 milion aud is up.Good for rba.
End year SP 500 up good for aud good for 900 milion rba.
  • #13,642
  • Nov 15, 2012 3:01am Nov 15, 2012 3:01am
Quoting DaddyBear
Finale is an ending pattern which is not directly related to the sizes even though it is usually a good size.
this is almost zen-like ?_?
  • #13,643
  • Nov 15, 2012 3:16am Nov 15, 2012 3:16am
game of ping pong??

http://www.forexfactory.com/attachme...1&d=1352970957
  • #13,644
  • Nov 15, 2012 4:32am Nov 15, 2012 4:32am
Quoting HelloOz
game of ping pong??

http://www.forexfactory.com/attachme...1&d=1352970957
no. go down for support
  • #13,645
  • Nov 15, 2012 4:54am Nov 15, 2012 4:54am
Quoting vanienin
this is almost zen-like ?_?
YES!
Attached Image
daddybearforex. com
  • #13,646
  • Nov 15, 2012 5:09am Nov 15, 2012 5:09am
Quoting Tim_isoara
This is intervention for up or down Aud? But aud on october is up, and 900 milion aud is up.Good for rba.
End year SP 500 up good for aud good for 900 milion rba.
RBA wants to keep aud low
  • #13,647
  • Nov 15, 2012 5:09am Nov 15, 2012 5:09am
Quoting DaddyBear
YES!
DB what your next support?
  • #13,648
  • Nov 15, 2012 5:15am Nov 15, 2012 5:15am
Quoting DaddyBear
Before a trend changes, a finale is a must. so far there was none. A firework is one way to manifest such significant ending. I'd call this pattern a celebration.

This is the rationale why I am bullish at this juncture.
Support decisively broken - unless finale still coming?!
  • #13,649
  • Nov 15, 2012 5:18am Nov 15, 2012 5:18am
Quoting maximmm
Support decisively broken - unless finale still coming?!
maximmm what is your support? and R
  • #13,650
  • Nov 15, 2012 5:22am Nov 15, 2012 5:22am
Quoting Tim_isoara
maximmm what is your support? and R
major support at 1.013
that's the base of a daily head and shoulder formation
  • #13,651
  • Nov 15, 2012 5:25am Nov 15, 2012 5:25am
The uptrend has been broken. I do not expect aud to break back into it by any means.
There's a 50% that Aud may go back to 1.0370 at some point to retest the broken line and then continue its fall - but again, the odds of that stand at 50%. The point being, the trend down to 1.013 has started. If you are long, good luck.
  • #13,652
  • Nov 15, 2012 5:25am Nov 15, 2012 5:25am
Quoting maximmm
major support at 1.013
that's the base of a daily head and shoulder formation
And for today?
  • #13,653
  • Nov 15, 2012 5:27am Nov 15, 2012 5:27am
Quoting Tim_isoara
And for today?
1.0329 may serve as initial support, same goes to 1.03
Then you have 1.023
  • #13,654
  • Nov 15, 2012 5:29am Nov 15, 2012 5:29am
Quoting maximmm
The uptrend has been broken. I do not expect aud to break back into it by any means.
There's a 50% that Aud may go back to 1.0370 at some point to retest the broken line and then continue its fall - but again, the odds of that stand at 50%. The point being, the trend down to 1.013 has started. If you are long, good luck.
I no have position open.But i look for short or long everyday
  • #13,655
  • Nov 15, 2012 5:29am Nov 15, 2012 5:29am
Quoting Tim_isoara
I no have position open.But i look for short or long everyday
It's a message for everyone, including DB^^
  • #13,656
  • Nov 15, 2012 5:41am Nov 15, 2012 5:41am
Quoting Tim_isoara
I no have position open.But i look for short or long everyday
I wait for another leg down and i go long. IMO
  • #13,657
  • Nov 15, 2012 5:42am Nov 15, 2012 5:42am
Quoting Tim_isoara
I wait for another leg down and i go long. IMO
You really want to go long, huh? Attracted to the swaps?^^
  • #13,658
  • Nov 15, 2012 6:17am Nov 15, 2012 6:17am
Buy the retracement till 1.03700 ? 30/40pips gain.
  • #13,659
  • Nov 15, 2012 6:23am Nov 15, 2012 6:23am
Quoting maximmm
You really want to go long, huh? Attracted to the swaps?^^
maximmm i want pips. I want to buy on support and sell on resistance. everyday we have S and R.
  • #13,660
  • Nov 15, 2012 6:25am Nov 15, 2012 6:25am
Quoting Tim_isoara
maximmm i want pips. I want to buy on support and sell on resistance. everyday we have S and R.
What bout broken support/resistance ? :S
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