DislikedMonthly Pivot from 2003 to 2013 - ten year trend Seasonal behavior of AUD : Drop in Nov Monthly Pivot of AUD/USD What will happen next : Bear all the way {image} {image}Ignored
Everything this year with the AUD has lost its corrolation, including moving in tandem with gold and with CAD. So we know for sure them that AUD will go thru the roof in november. This reminds me of when I lived in Vegas and Id get information that the Rams-Jets game always went under 40 points the last 8 times they played in NY and it was raining. So now I see its raining, I figure its all running plays all night long and I bet my lungs on the under. They had 36 points on the board by the half and after betting on seasonal statistics 4 more times and mosing all 4 I never paid attention to them again. Yes Forex is different, But....just like bookies in vegas dont give money away, these banks wont either. If that stat means anything, bet money the last week of oct, AUD will drop like a rock and it will already be oversold come nov 1st. IF...the banks decide it means anything. But good point anyway. Not making fun but reality has told me in my 54 yrs,,,,,they dont ghive money away no matter what you wager on.
Now you can all thank me for my post many moons ago saying that when we broke thru 56, the weekly rez was busted and nothing was in its way. You're all welcome. -)
By the way, look at this EUR/AUD ON THE WEEKLY. tOTAL SIDEWAYS CONSOLIDATION WITH NOTHING UNDERNEATH IF SHE BREAKS DOWN. And if she breaks up, we wont make as much but its with the trend! aND THIS IS A KIND OF TRADE YOU CAN GET STOPPED out 2 or 3 times and keep getting in till it breaks because the eur and the aud are BOTH very strong(i personally think the eur is a bit stronger...now.)
And on the aud/jpy, look at that sloppy consolidation on the wqeekly...now look at the hrly. Either in the london session tonight or sunday/mon next week this could be the mother of break outs...again, either way. Im good with that!
Aussie is hit .96.. Must go back 100EMA line..
