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GBPUSD & AUDUSD Daily Analysis

  • #41
  • Dec 13, 2013 9:38am Dec 13, 2013 9:38am
Quoting DailyChart
{quote} Watching the Price action and the daily close later
Hi,

What is your bias? Is bearish still playing?

Thank you
  • #42
  • Edited 1:36pm Dec 13, 2013 11:43am | Edited 1:36pm
Quoting atria
{quote} Hi, What is your bias? Is bearish still playing? Thank you
Dear Atria,

Which pairs ? I do not use bias - Just trade,ride the profits,accept the loss,repeat again and again


Thanks
  • #43
  • Dec 13, 2013 11:46am Dec 13, 2013 11:46am
Wonder why I am keep can not edit my thread or upload any images
  • #44
  • Dec 13, 2013 11:47am Dec 13, 2013 11:47am
Quoting DailyChart
Wonder why I am keep can not edit my thread or upload any images
Which internet browser are you using?
Those who say it cannot be done should not interrupt those who are doing it
  • #45
  • Dec 13, 2013 12:15pm Dec 13, 2013 12:15pm
Quoting PipTrapper
{quote} Which internet browser are you using?
I am using Mozzila - But now I am using Google crhome - it seem works

Many Thanks PT
  • #46
  • Dec 13, 2013 12:18pm Dec 13, 2013 12:18pm
Dear all,

GBPUSD Daily
Attached Image (click to enlarge)
Click to Enlarge Name: Pound.png Size: 12 KB
  • #47
  • Dec 13, 2013 12:22pm Dec 13, 2013 12:22pm
Quoting DailyChart
{quote} I am using Mozzila - But now I am using Google crhome - it seem works Many Thanks PT
Ha... I was going to suggest Chrome. The best browser IMO.
Cheers mate.
Those who say it cannot be done should not interrupt those who are doing it
  • #48
  • Dec 13, 2013 12:23pm Dec 13, 2013 12:23pm
Dear all,

Aussie - Daily
Attached Image (click to enlarge)
Click to Enlarge Name: Aussie.png Size: 8 KB
  • #49
  • Dec 13, 2013 12:24pm Dec 13, 2013 12:24pm
Quoting PipTrapper
{quote} Ha... I was going to suggest Chrome. The best browser IMO. Cheers mate.
Yes - Thank You very much - but the loading of chrome is a bit late here than mozzila,however thank you for your attention and caring - Go go go Euro
  • #50
  • Dec 13, 2013 12:38pm Dec 13, 2013 12:38pm
Dear all,

From the chart - we might know the FOMC result on next week - Both Cable and Aussie Stay In the Support/Demand Zones - Lets see the Price reaction on Monday and tuesday


Thank You
  • #51
  • Dec 13, 2013 1:35pm Dec 13, 2013 1:35pm
Dear all,

What is your position for GBPUSD & AUSUSD on next week ? Feel free to post your analysis - 100% Technical
  • #52
  • Dec 13, 2013 2:46pm Dec 13, 2013 2:46pm
Quoting DailyChart
Dear all, What is your position for GBPUSD & AUSUSD on next week ? Feel free to post your analysis - 100% Technical
E/U Daily Chart

For the upside, my final target is the 161.8% fibo extension of the A wave (1.3859)
However 141% extension (1.3800) has held price so far so we may already have a top even though it may also be retested.

On the downside I have significant support/demand zone starting at 1.3666 as long as today's 1.3710 support gives way.
Below there I have two more support levels of 1.3605 and the final one at 1.3520.

If 1.3520 fails to hold price and then provides strong resistance, it confirms that I have a top at 1.3800 and downside pressure should accelerate.

However, the most likely scenario right now is that 1.3666 will hold along with rising trendline for a continuation to the 161.8 FE at 1.3859 before a deeper correction to 1.3520 and then followed by a new rally to 1.4x

We watch and see from here and things can change overnight.

Attached Image (click to enlarge)
Click to Enlarge Name: eurusddaily.png Size: 47 KB
Those who say it cannot be done should not interrupt those who are doing it
  • #53
  • Dec 13, 2013 8:50pm Dec 13, 2013 8:50pm
Quoting DailyChart
{quote} Dear Atria, Which pairs ? I do not use bias - Just trade,ride the profits,accept the loss,repeat again and again Thanks
Dear DailyChart,

For AUD, is bearish still playing?
  • #54
  • Dec 13, 2013 9:52pm Dec 13, 2013 9:52pm
Quoting PipTrapper
{quote} E/U Daily Chart For the upside, my final target is the 161.8% fibo extension of the A wave (1.3859) However 141% extension (1.3800) has held price so far so we may already have a top even though it may also be retested. On the downside I have significant support/demand zone starting at 1.3666 as long as today's 1.3710 support gives way. Below there I have two more support levels of 1.3605 and the final one at 1.3520. If 1.3520 fails to hold price and then provides strong resistance, it confirms that I have a top at 1.3800 and downside pressure...
Superb PT !
  • #55
  • Dec 13, 2013 9:53pm Dec 13, 2013 9:53pm
Quoting atria
{quote} Dear DailyChart, For AUD, is bearish still playing?
I am might long on monday later "if" it fulfill my third confirmation,as for now we close above demand zones
  • #56
  • Dec 13, 2013 10:20pm Dec 13, 2013 10:20pm
Quoting DailyChart
{quote} I am might long on monday later "if" it fulfill my third confirmation,as for now we close above demand zones
What is your third confirmation ?
  • #57
  • Dec 13, 2013 10:40pm Dec 13, 2013 10:40pm
Quoting PipTrapper
{quote} E/U Daily Chart For the upside, my final target is the 161.8% fibo extension of the A wave (1.3859) However 141% extension (1.3800) has held price so far so we may already have a top even though it may also be retested. On the downside I have significant support/demand zone starting at 1.3666 as long as today's 1.3710 support gives way. Below there I have two more support levels of 1.3605 and the final one at 1.3520. If 1.3520 fails to hold price and then provides strong resistance, it confirms that I have a top at 1.3800 and downside pressure...
Hi Pt,

We had 1.3715 as discussed. Now I have 1.3620 if 1.36481 does not work.
The world you desire can be won. It exists.. it is real.. it is possible..
  • #58
  • Dec 14, 2013 3:54am Dec 14, 2013 3:54am
Quoting Mr. Scott
{quote} Hi Pt, We had 1.3715 as discussed. Now I have 1.3620 if 1.36481 does not work.
Thanks Scott
Confluence is great.
Those who say it cannot be done should not interrupt those who are doing it
  • #59
  • Dec 14, 2013 2:04pm Dec 14, 2013 2:04pm
Quoting trexy123
{quote} What is your third confirmation ?
The Break
  • #60
  • Dec 14, 2013 7:32pm Dec 14, 2013 7:32pm
Quoting DailyChart
{quote} The Break
Break of what price?
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