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  • #25,701
  • Jan 23, 2013 4:32pm Jan 23, 2013 4:32pm
Quoting HelloOz
when i was talking about next action in 3.5h, i mean china pmi data will be released in 3.5h
lol..
I thought he meant to ask you if you realized the 3.5 hour mark just based on the chart^^
  • #25,702
  • Jan 23, 2013 4:32pm Jan 23, 2013 4:32pm
Quoting maximmm
I suggest you start off with a larger time frame and with much smaller trades (unless you have tons of money, like I do^^)
larger TF is for warren buffett.

i aint warren buffett..

im a koala..
  • #25,703
  • Jan 23, 2013 4:33pm Jan 23, 2013 4:33pm
Quoting HelloOz
added new line..
did we break down???

http://fx1.it-finance.com/FXStreetFl...82d3b50d32.png
Nope, we are AT the line - draw a bigger line from jan 18
  • #25,704
  • Jan 23, 2013 4:35pm Jan 23, 2013 4:35pm
Quoting HelloOz
larger TF is for warren buffett.

i aint warren buffett..

im a koala..
larger time frame with koalas who place small trades and have a LOT of time on their hands^^
  • #25,705
  • Jan 23, 2013 4:35pm Jan 23, 2013 4:35pm
Quoting maximmm
Nope, we are AT the line - draw a bigger line from jan 18
see the line between 50% and 61.8%
is that the same line as yours?
if yes, we are at the line.. until..

http://fx1.it-finance.com/FXStreetFl...d2c2b46f8f.png
  • #25,706
  • Jan 23, 2013 4:40pm Jan 23, 2013 4:40pm
Quoting HelloOz
see the line between 50% and 61.8%
is that the same line as yours?
if yes, we are at the line.. until..

http://fx1.it-finance.com/FXStreetFl...d2c2b46f8f.png
I meant 'trend' line. Support 'trend' line from jan 18. I put trend in quotations because aud is massively trending right now^^
  • #25,707
  • Jan 23, 2013 4:40pm Jan 23, 2013 4:40pm
Quoting maximmm
larger time frame with koalas who place small trades and have a LOT of time on their hands^^
only got 24h a day my friend..
  • #25,708
  • Jan 23, 2013 4:42pm Jan 23, 2013 4:42pm
Yes I went in for a quick sell on aud and this time of the morning sometimes axi traders spreads open up so I got out and now the arse has fell out of aud
Quoting maximmm
I suggest you start off with a larger time frame and with much smaller trades (unless you have tons of money, like I do^^)
  • #25,709
  • Jan 23, 2013 4:42pm Jan 23, 2013 4:42pm
Quoting maximmm
I meant 'trend' line. Support 'trend' line from jan 18. I put trend in quotations because aud is massively trending right now^^
Got it !
  • #25,710
  • Jan 23, 2013 4:46pm Jan 23, 2013 4:46pm
I did mean that because I forgot about the news
Quoting maximmm
I thought he meant to ask you if you realized the 3.5 hour mark just based on the chart^^
  • #25,711
  • Jan 23, 2013 4:47pm Jan 23, 2013 4:47pm
Quoting HelloOz
Got it !
in fact, the real support may lie at 1.0532 - only a breach of that would/could (but probably won't) spark a sell off^^
yet, if sell off does occur, I suspect it will go down only till 1.0460

Again, I don't expect any major moves this month
  • #25,712
  • Jan 23, 2013 4:49pm Jan 23, 2013 4:49pm
Quoting maximmm
in fact, the real support may lie at 1.0532 - only a breach of that would/could (but probably won't) spark a sell off^^
yet, if sell off does occur, I suspect it will go down only till 1.0460

Again, I don't expect any major moves this month
do you want to start selling now so it will break that line or wait until that line is broken?

i have trillions ready to be splashed.
  • #25,713
  • Jan 23, 2013 4:50pm Jan 23, 2013 4:50pm
Quoting maximmm
in fact, the real support may lie at 1.0532 - only a breach of that would/could (but probably won't) spark a sell off^^
yet, if sell off does occur, I suspect it will go down only till 1.0460

Again, I don't expect any major moves this month
we are 4 pips to 1.0532

what should we do now??
  • #25,714
  • Jan 23, 2013 4:53pm Jan 23, 2013 4:53pm
Quoting HelloOz
do you want to start selling now so it will break that line or wait until that line is broken?

i have trillions ready to be splashed.
I already have 17 billion on the line (shorting) with trillions waiting at 1.10, but regardless, usually it's safer/better to wait for support line to be broken. Then again, selling trillions may cause the line to be breached on that sell off alone!^^
  • #25,715
  • Jan 23, 2013 4:53pm Jan 23, 2013 4:53pm
Quoting maximmm
I already have 17 billion on the line (shorting) with trillions waiting at 1.10, but regardless, usually it's safer/better to wait for support line to be broken. Then again, selling trillions may cause the line to be breached on that sell off alone!^^
ok lets break this !
  • #25,716
  • Jan 23, 2013 4:53pm Jan 23, 2013 4:53pm
Quoting HelloOz
we are 4 pips to 1.0532

what should we do now??
sell only if it gets to 1.0525!! @@
  • #25,717
  • Jan 23, 2013 4:56pm Jan 23, 2013 4:56pm
Quoting HelloOz
ok lets break this !
Be weary of DB countering your sells with trillions of buys@@
  • #25,718
  • Jan 23, 2013 4:56pm Jan 23, 2013 4:56pm
Quoting maximmm
sell only if it gets to 1.0525!! @@
i hope it doesnt bounce at 1.0525
  • #25,719
  • Jan 23, 2013 4:57pm Jan 23, 2013 4:57pm
aud at critical point on the 15 minute chart. A move below 1.0530 could lead to sell off that may last minutes or more!
  • #25,720
  • Jan 23, 2013 4:59pm Jan 23, 2013 4:59pm
Quoting HelloOz
i hope it doesnt bounce at 1.0525
if it does, you know who to blame - because I'm still riding the 17 billion short from weeks ago^^
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