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  • #32,221
  • Jun 14, 2013 3:16am Jun 14, 2013 3:16am
Quoting oztrader79
{quote} actually my post was only a direct response to your question as to whether any one else in this forum was going short. {quote}
By the way I'm still short... Looking for .9550 for a tp...
  • #32,222
  • Jun 14, 2013 4:59am Jun 14, 2013 4:59am
a lot of signals to short, maybe it's a trick

but i'm in. first tp 0.9506
  • #32,223
  • Jun 14, 2013 8:43am Jun 14, 2013 8:43am
H4 Clouds have been holding up the AU all night.
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daddybearforex. com
  • #32,224
  • Jun 14, 2013 9:07am Jun 14, 2013 9:07am
Quoting DaddyBear
H4 Clouds have been holding up the AU all night. {image}
morning papa...tell the clouds to go away already...lol
  • #32,225
  • Edited 11:54am Jun 14, 2013 9:11am | Edited 11:54am
All TF up on RSIOMA.
Now 4h cloud is out of the way.
How much room does aussie have for up?

Edit: 0.965 killed it
  • #32,226
  • Edited 4:26pm Jun 14, 2013 4:02pm | Edited 4:26pm
Only 4 viewers here now, so let me reveal this Forex Map for those faithfuls....
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daddybearforex. com
  • #32,227
  • Jun 14, 2013 4:07pm Jun 14, 2013 4:07pm
Quoting DaddyBear
Only 4 viewers here now, so let me reveal this Forex Map for those faithful.... {image}
The bullish channel will lead AU to a higher ground. Also, G8 meeting is on Mon and Tue. it may boost AU.
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daddybearforex. com
  • #32,228
  • Jun 14, 2013 4:12pm Jun 14, 2013 4:12pm
Quoting DaddyBear
{quote} The bullish channel will lead AU to a higher ground. Also, G8 meeting is on Mon and Tue. it may boost AU. {image}
Although nobody knows what will happen on Sunday, a gap up is a reasonable expectation. It does not cost anything to expect anyway.
daddybearforex. com
  • #32,229
  • Jun 14, 2013 9:00pm Jun 14, 2013 9:00pm
Its june, july and august, bullish months.
i'm hoping aud and usd will on par again. From then i'm likely to stay out of it for a while.
  • #32,230
  • Jun 14, 2013 9:03pm Jun 14, 2013 9:03pm
Quoting azzam
Its june, july and august, bullish months. i'm hoping aud and usd will on par again. From then i'm likely to stay out of it for a while.
What did you mean?
daddybearforex. com
  • #32,231
  • Jun 14, 2013 9:05pm Jun 14, 2013 9:05pm
Quoting petehnm
{quote} By the way I'm still short... Looking for .9550 for a tp...
I would close the short ASAP. Looking for a bullish start next week.
daddybearforex. com
  • #32,232
  • Jun 14, 2013 9:24pm Jun 14, 2013 9:24pm
Quote
Its june, july and august, bullish months. i'm hoping aud and usd will on par again. From then i'm likely to stay out of it for a while.


Bullish? AUD has been going down in all currency pairs until last week isn't it? Is the trend reversing?


I'm short on AUDJPY. Following simple 'M' formation on H1 and also looking at the H4 chart, the trend looks to be bearish..


Any reason to strengthen that it's bullish month until August?
  • #32,233
  • Jun 14, 2013 9:29pm Jun 14, 2013 9:29pm
Quoting Bhoopalan
{quote} Bullish? AUD has been going down in all currency pairs until last week isn't it? Is the trend reversing? I'm short on AUDJPY. Following simple 'M' formation on H1 and also looking at the H4 chart, the trend looks to be bearish.. Any reason to strengthen that it's bullish month until August?
Your bearish chart please.
daddybearforex. com
  • #32,234
  • Jun 14, 2013 9:46pm Jun 14, 2013 9:46pm
Always nice to follow your thread DB... I hope next week will be a great bullish week so I can close my deep underwater long position... Happy weekend all...
  • #32,235
  • Jun 14, 2013 9:46pm Jun 14, 2013 9:46pm
Quoting DaddyBear
{quote} The bullish channel will lead AU to a higher ground. Also, G8 meeting is on Mon and Tue. it may boost AU. {image}

Reasonable expectation DB.
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The world you desire can be won. It exists.. it is real.. it is possible..
  • #32,236
  • Jun 14, 2013 10:00pm Jun 14, 2013 10:00pm
Hi DB,
Always Enjoy your reading your comments. Haven't posted for a while (while still lurking) but i am with u that
AU is bullish...here is my chart that shows my view that a reversal has formed imo.
As we can see in pic that we bounce on 123% of the WK range we had...channel bounce and we have crossed WK 50% fibo...
As long as price is above this 9571 area...price will be pressured higher...

TT
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  • #32,237
  • Jun 14, 2013 10:08pm Jun 14, 2013 10:08pm
Quoting ChairmanZhen
All TF up on RSIOMA. Now 4h cloud is out of the way. How much room does aussie have for up? Edit: 0.965 killed it
Looks good..............Mr. Chairman.....Looks like she went up about 60 pips from your call here.............
The More You Learn, The More You Earn.....
  • #32,238
  • Jun 14, 2013 10:15pm Jun 14, 2013 10:15pm
Looks like 0.9650 will cap the top for now, there should be a retest up there again. Price is holding for now.

Then pull back down to the 0.9450 area or as far as the 0.9350 area for a surprise bear attack, Before heading back up..is my guesstimation for the week to come.............
The More You Learn, The More You Earn.....
  • #32,239
  • Jun 14, 2013 10:33pm Jun 14, 2013 10:33pm
I'm sorry, I was referring to AUDCHF.

The long term trend has been down based on pure price action. Th trend seems down also in H4.

It also looks like the trend reverses. But unsure.
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  • #32,240
  • Jun 14, 2013 11:26pm Jun 14, 2013 11:26pm
Well I am short since .96 and kept it over weekend. Here's the reason, I see a Bullish Gartley. My TP 1st @.953 and then .95 and then final .949 While I have ordered long @.95 with SL .945 and TP @.98 as it's 38.2 fib level since last May fall. Well I am not sure about .98 Maybe I will close it before but I don't see any resistance there.
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