XTrade's 50 pips

Holding until stopped out.

F - the yuan fix. this is undervalued aussie...

may take a couple days but then we are shooting for more like 300 pips than 50.

Target still same.

Staying long until stopped out or target + hit.




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Mr. X, as per our PM I've never really looked at AU. Checking out the charts I'm wondering if a little downside isn't near. Purely from the charts as I know a touch less than nothing about fundies, ....

On the montly I see price is higher than ever since like 1991 where the medium price was .7706 so we're like 2080 pips above that give or take. (Is that normal for the pair?) While the past two months have been crazy bullish, this month will end up a bear between the 61.8% and 50% (unless it happens to rise say 350 pips in 3 days)

The weekly also shows a top forming and dam it looks like it really wants to rest a spell on that 50% @ 1.0233.....doesn't it? LOL

Daily shows it broke a LTL and bounced near a 4H 38.2 fib @1.0342 and is trapped between it and the 50%

Added a fib to the 4H and 1H same resting spot only 38.2. Showing at least a double bottom forming me thinks.

All in all and again with no experience with the pair, I'd actully be a bit bearish until about .0300 and look for a long there.

***This is a guess. This is ONLY a guess. Had this been an actual trade analysis, it would have been followed by something that made more sense!***

Tempting to long here.

Hey dude, where ya been? LOL

Trying a small long here (1.02459) on AU for two reasons. At the 50% ans the gap above.

Reviving -THIS ONE - 50 pips a day.... coming s00n to a market maker or FXCM, near you.....................

Here, buddy, live n' strong. Just focusing on GOLD n SILVER.... as of late.....................

no.. one key = patience...................