AUD/USD

Would feel better if can can close below 1.0400, if not might be time to liquidate and re-enter at a higher position. It may seems that there could be a bounce if we don't close below 1.0400

http://i.imgur.com/liI5K.png

MC

MC graphic

" President Obama is reportly going to give a statement on the Fiscal Cliff at 5 PM EST.... " FXCM

I am completely out of the AUD, .... 14 minutes Obama http://www.bloomberg.com/tv/

Happy Christmas to all Christians brothers.

This level could hold up. (Where the Ema and Sma cross on the chart.)

4h

Poor bulls.

Please, explain. Gann? Just some lines you drew up yourself? Interesting.

Reading up on Gann helped, yes. Then reading up on the geometrical shapes of the market also helped. I was just looking at different shapes one day, and saw a shaped called "5-simplex t2 A4.svg" and liked how it looked. Then I applied it to a chart, to see how it would look.

And look how price came back up to that line, touched it, then down it falls again.

Judging from this, I'd say that you've customized one of the patterns. How do you apply it? (It kind of seems like you can go to a bigger TF and apply a different low, assuming you've picked a low as one of the original points.

The way I see price "touching a line" is more-or-less profit taking from the money that controls the momentum. More often than not, it only a provides a small window to scalp in, at least for me, and then after that, the windows closed.

I took the swing high and low from the chart you see and the pattern from here http://www.google.com/imgres?q=5-sim...33,s:100,i:103

what u think guy's where EUR/USD going now....

So what happened to AUDUSD now? i remember making a remark saying... i am bearish for as longa s we stay below that 1.055x/1.0600 area (and we did....) Kaboom and down goes AUDUSD to 1.0300, if 1.0300 gets cleared... 0.98 being my long term target and the bottom of this audusd range is still valid... Too bad im a long term trader....
besides.... funny how.... the Down Fall happens far stronger then the Upmove for the past 2 months... past 2 months... AUDUSD up 200 pips where as past Week and a half.... Audusd already down 200 pips.... Momentum is on bearish side so.... watch out bulls ahaha.....
Anyways maybe i should leave the bulls in here talk and pretend they know shit....
in the meantime... im playing with something more exciting on my test account....
im trying to defy against the BOJ here...Buying every currency pair for Yen Strength against Shinzo Abe's Yen Weakness Plans..... Lol theres so much a Central Bank can Supply before Demand starts stacking up.... ill be interested ot see a record high in Yen Strength in the next year or so

And hmm let me see.... Where is Sidhujag and his XAUUSD Gold rally opinion? Gold extended Weakness as per my analysis a month back....
i mentioned 1680 Daily EMA 200 being the target.... Gold bounced from there but limited strength, and we went Beyond.... Gold MAs are rolling over, creating more bearish moves and Gold Extends Losses down to 1655.... Yum....

Anyways... for people who criticise me for not posting chart... this'll shut you up.... im still holding on this chart... see that downwards trendline i've been mentioning if we stay below it? the 0.98/1.06 ranges are still in play? well there you go...
PS imho, for the Hyper AUDUSD bulls out there who were chanting audusd to go up to 1.08 and shit... bad news for you... you see that 2 months mini 200 pip rally you had? well 1 weekly bearish candle just fucked you up.... that up trend is over.... we broken below and i dont see it recovering back up.... next stop 1.0180 then that Weekly EMA200 in Red... or the Blue Monthly EMA55 at 0.98 and 0.9568....yawn....
https://dl.dropbox.com/u/52561775/Fo...22012.0058.gif

check out EUR-AUD or GBP/AUD ( biggest TF ) it is clear..so how's EUR/USD and GBP/USD .. 1 more entry.. before closing market......

wish U all the best..

Happy Christmas for Everyone who's celebrate...

http://www.hdwallpapersarena.com/wp-...es-218077.jpeg

Merry Christmas Bulls and Bears! I hope you all have a great day.

327 at xe.com