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  • #21,341
  • Dec 21, 2012 3:23pm Dec 21, 2012 3:23pm
Quoting HelloOz
where is your 5 green?
1.0370 or 1.0300. After end 4 green will see.
  • #21,342
  • Dec 21, 2012 3:27pm Dec 21, 2012 3:27pm
Quoting Tim_isoara
1.0370 or 1.0300. After end 4 green will see.
  • #21,343
  • Dec 21, 2012 3:44pm Dec 21, 2012 3:44pm
20 mins to go, somehow I don't think aud will break back into the uptrend channel.

Still, only 1.0350 will truly cement the bearish view - at which point even the fiscal cliff resolution will not cause aud to head back to 1.06. Aud at 1.04 still carries some, though very marginal risk of reversal to the topside.
  • #21,344
  • Dec 21, 2012 3:47pm Dec 21, 2012 3:47pm
Quoting maximmm
20 mins to go, somehow I don't think aud will break back into the uptrend channel.
it wont,
but new TL on H4 chart,
last candle = doji
  • #21,345
  • Dec 21, 2012 3:50pm Dec 21, 2012 3:50pm
Quoting HelloOz
it wont,
but new TL on H4 chart,
last candle = doji
or hammer..
anything that stay above the TL
  • #21,346
  • Dec 21, 2012 3:51pm Dec 21, 2012 3:51pm
Quoting HelloOz
it wont,
but new TL on H4 chart,
last candle = doji
looking at the weekly candle - wow
yet, 08/11/2012 had a similar candle, and the next week it nearly retraced the bearish candle prior to further fall.

Anyway, the point is, aud will head lower, and 1.06 is not in the cards - star wars scenario? Not happening.

Maxim's super rocket to the depth of the earth? Oh, yeah @@
  • #21,347
  • Dec 21, 2012 3:52pm Dec 21, 2012 3:52pm
Quoting maximmm
looking at the weekly candle - wow
yet, 08/11/2012 had a similar candle, and the next week it nearly retraced the bearish candle prior to further fall.

Anyway, the point is, aud will head lower, and 1.06 is not in the cards - star wars scenario? Not happening.

Maxim's super rocket to the depth of the earth? Oh, yeah @@
possible retrace to 1.046 level..

seriously i did not think for a second that we will see 1.04 this month.
which is why i stay out of audusd and closed my 30lots..

bugger.. !!
  • #21,348
  • Dec 21, 2012 3:55pm Dec 21, 2012 3:55pm
Quoting HelloOz
possible retrace to 1.046 level..

seriously i did not think for a second that we will see 1.04 this month.
which is why i stay out of audusd and closed my 30lots..

bugger.. !!
Edit: below 1.04
  • #21,349
  • Dec 21, 2012 3:59pm Dec 21, 2012 3:59pm
Quoting HelloOz
possible retrace to 1.046 level..

seriously i did not think for a second that we will see 1.04 this month.
which is why i stay out of audusd and closed my 30lots..

bugger.. !!
When you closedyur 30 lots, that's when aud went higher, but that's also when I shorted aud 4 billion dollars.
  • #21,350
  • Dec 21, 2012 4:05pm Dec 21, 2012 4:05pm
Quoting Tim_isoara
FE 127.2% 1.0394 end of wave 5
Close 1.0402. good number for retracement.
  • #21,351
  • Dec 21, 2012 4:13pm Dec 21, 2012 4:13pm
Quoting maximmm
When you closedyur 30 lots, that's when aud went higher, but that's also when I shorted aud 4 billion dollars.
didnt go higher to 1.06 where i was waiting to short more..
ah well the world doesnt need me..

edit: but i helped aud to drop from 57 to 53..
  • #21,352
  • Dec 21, 2012 4:15pm Dec 21, 2012 4:15pm
Quoting Tim_isoara
Close 1.0402. good number for retracement.
you are back in the game?

how was eurusd?
  • #21,353
  • Dec 21, 2012 4:15pm Dec 21, 2012 4:15pm
btw, obama is about to give a statement on budget impasse
  • #21,354
  • Dec 21, 2012 4:16pm Dec 21, 2012 4:16pm
Quoting HelloOz
you are back in the game?

how was eurusd?
Eurjpy is great. Move nice jump 50-70 pips fast.
  • #21,355
  • Dec 21, 2012 5:05pm Dec 21, 2012 5:05pm
Quoting Tim_isoara
Retracement for 4 green.Than down to end 5 green
Tim, I agree with your excellent analysis and also long here at 1.04 level looking for retrace.

But shouldn't your green 4 be A?

Although I agree with your result, I am not sure I understand your process.

http://www.forexfactory.com/attachme...1&d=1356123213
The world you desire can be won. It exists.. it is real.. it is possible..
  • #21,356
  • Dec 21, 2012 5:25pm Dec 21, 2012 5:25pm
Hello everyone.
I need your opinion, please!
This is Idice the dollar to 13 March!
I have a failure to fill 331 points in 58 days!
Find it can be completed by then?
If so, do not even think possible aud / usd continuation of this upward channel?
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  • #21,357
  • Dec 21, 2012 9:10pm Dec 21, 2012 9:10pm
Quoting DaddyBear
josh1125, Welcome. The Aussie will not go below 1.0400 today IMO. -DB-
OZ, I was right too soon this time. I should use "close" instead of "go". I believe due to 12/21/12 effect, the Aussie was overshooting.
daddybearforex. com
  • #21,358
  • Dec 21, 2012 9:15pm Dec 21, 2012 9:15pm
Quoting forexalien
This is a matter of the Bulls taking profit and the Early Bears getting in.....Then the bears will have capital at risk, while the Bulls are in cash.....
The bulls will take that Cash and run the PA up 130 pips and take the Bears coins.......
alien, I like this message. If there is a progress in the cliff talk this weekend, the Aussie will be back to the stage in no time. Although it will be a short holiday week, the cliff will make the market very volatile.
daddybearforex. com
  • #21,359
  • Dec 21, 2012 9:16pm Dec 21, 2012 9:16pm
Quoting IberoForex
Hello everyone.
I need your opinion, please!
This is Idice the dollar to 13 March!
I have a failure to fill 331 points in 58 days!
Find it can be completed by then?
If so, do not even think possible aud / usd continuation of this upward channel?
I agree with your Aussie channel but not sure about the other one.
daddybearforex. com
  • #21,360
  • Dec 21, 2012 11:07pm Dec 21, 2012 11:07pm
Quoting DaddyBear
OZ, I was right too soon this time. I should use "close" instead of "go". I believe due to 12/21/12 effect, the Aussie was overshooting.
is your 1.06 still on the card?
once fiscal cliff issue is resolved, USD will be bullish.
we could have a relief rally for emerging markets, risk currency but i dont know if we will see 1.05 again.
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