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Aussie Trading Room and Cartoons Gallery

  • #28,201
  • Feb 27, 2013 8:51pm Feb 27, 2013 8:51pm
Quoting HelloOz
Hmm..
IMO, this is a trap set by the bears.. for the bulls..
i still see it will go to 1.013 soon
I feel similarly. AUD /sometimes/ likes to spit out neutral bars and doji/pinbars in succession before major bearish actions. Ignoring fundamentals, the latest 3 AUD weekly candles just give me a hunch and a sign that there could be more to this downward move. A lot more.
  • #28,202
  • Feb 27, 2013 8:58pm Feb 27, 2013 8:58pm
No good news but AUD.USD is still going higher. It doesn't make sense.
  • #28,203
  • Feb 27, 2013 9:28pm Feb 27, 2013 9:28pm
Quoting randyshan
No good news but AUD.USD is still going higher. It doesn't make sense.
looks like you have forgotten what happened in Jan..
  • #28,204
  • Feb 27, 2013 9:39pm Feb 27, 2013 9:39pm
Hi Oz....
AU was a bit confusing to me so i take some AJ long because seemed much better odds on this...

TT
Attached Image (click to enlarge)
Click to Enlarge Name: AJLong.png Size: 71 KB
  • #28,205
  • Feb 27, 2013 9:41pm Feb 27, 2013 9:41pm
I did take AU long when it cross the 38% fibo (1.0220 area) but did not think we would move this quickly...

TT
  • #28,206
  • Feb 27, 2013 9:46pm Feb 27, 2013 9:46pm
Here is my pic where i take long...as you can see i wait for some higher high on m15 chart and also cross back over 38% on WK chart to test some
long.

TT

Attached Image (click to enlarge)
Click to Enlarge Name: AU2013-02-27_1945.png Size: 75 KB
  • #28,207
  • Feb 27, 2013 9:47pm Feb 27, 2013 9:47pm
I trade fibs....so wanted to just give some ideas on how to trade them and how to increase your odds
when taking a trade...

TT
  • #28,208
  • Feb 27, 2013 10:08pm Feb 27, 2013 10:08pm
Quoting TrendTrader
I trade fibs....so wanted to just give some ideas on how to trade them and how to increase your odds
when taking a trade...

TT
this is M15 update..

http://fx1.it-finance.com/FXStreetFl...466a4a8387.png
  • #28,209
  • Feb 27, 2013 10:11pm Feb 27, 2013 10:11pm
Quoting TrendTrader
I did take AU long when it cross the 38% fibo (1.0220 area) but did not think we would move this quickly...

TT
me either..
she moved too quick.. and now we are at 61.8 if you look at my chart,
it closed right on the line (see both 61.8 and 38.2)
good place to short???
  • #28,210
  • Feb 27, 2013 10:36pm Feb 27, 2013 10:36pm
daily chart price rejected to close below 1.02 for 2 days... if today still reject to break below 1.02, IMO it will go up. Otherwise, it will touch 1.0167 area

50days ema breaks 200days ema already btw.
Listen to the market
  • #28,211
  • Feb 27, 2013 11:56pm Feb 27, 2013 11:56pm
Quoting HelloOz
me either..
she moved too quick.. and now we are at 61.8 if you look at my chart,
it closed right on the line (see both 61.8 and 38.2)
good place to short???
I look at the market to tell me what to do...i don't try to catch the top on a reversal or close right away.
I will wait to see if market can break some supports to check for short...

TT
  • #28,212
  • Feb 28, 2013 3:06am Feb 28, 2013 3:06am
Hi Alien forex trader

You are trading at a level I haven't reached yet.......
  • #28,213
  • Feb 28, 2013 3:56am Feb 28, 2013 3:56am
Regards.
  • #28,214
  • Feb 28, 2013 5:11am Feb 28, 2013 5:11am
Quoting Rampage
Hi Alien forex trader

You are trading at a level I haven't reached yet.......
you will get there
  • #28,215
  • Feb 28, 2013 5:17am Feb 28, 2013 5:17am
Thanks KB
  • #28,216
  • Feb 28, 2013 5:20am Feb 28, 2013 5:20am
Quoting Rampage
Thanks KB
How are you doing?
  • #28,217
  • Feb 28, 2013 5:29am Feb 28, 2013 5:29am
Late night but watching to see i if early buys take effect
That is all thanks for asking
  • #28,218
  • Feb 28, 2013 1:53pm Feb 28, 2013 1:53pm
Quoting DaddyBear
I almost bought at this level, 1.018xx, but did not enter the trade. I believe this is no the bottom.
I still don't think the bottom has reached.
daddybearforex. com
  • #28,219
  • Feb 28, 2013 1:55pm Feb 28, 2013 1:55pm
Quoting DaddyBear
I still don't think the bottom has reached.
1.014xx may be the one with the potential.
daddybearforex. com
  • #28,220
  • Feb 28, 2013 2:04pm Feb 28, 2013 2:04pm
By far, the Aussie is a safer pair than the EJ. The later is like a headless chicken running at high speed.
daddybearforex. com
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