It's surprisingly not lower. Cruising lower over the day and dropping off only about 20-30 pips is nothing. The price at the time of this post is just below the support the AUD has been getting all month long. Maybe it will go lower. I don't know, but it sure is looking like strength to me at this point in time.
- #73,303
- Feb 26, 2014 7:38pm Feb 26, 2014 7:38pm
- Joined Aug 2008 | Status: Trader | 3,386 Posts
{quote} {image}
- #73,304
- Feb 26, 2014 7:38pm Feb 26, 2014 7:38pm
- | Membership Revoked | Joined May 2013 | 7,946 Posts
Looking at the big boys (daily tf) we still are stuck in a range here despite people saying now it is going to 85 and blah blah. Until we break this range playing short is a dangerous move. I think the 3 stooges are set to move higher although at the moment GU looks as though it doesn’t want to retrace much more and could be the first one to rocket up with EU next then AU. Will wait until further confirmation aka price actually breaks resistance before making a claim{image}
ignore wackos and psychos, including myself. But I can't add myself to iggy
It's surprisingly not lower. Cruising lower over the day and dropping off only about 20-30 pips is nothing. The price at the time of this post is just below the support the AUD has been getting all month long. Maybe it will go lower. I don't know, but it sure is looking like strength to me at this point in time.
Was expecting a small retrace but 23+ pips... ? Or in my language.. 230+ pips..
A genius is born every minute, me I am lucky if my socks match.
- #73,309
- Feb 26, 2014 8:08pm Feb 26, 2014 8:08pm
- | Joined Sep 2007 | Status: Forex God | 1,492 Posts
{quote} Agreed, something is propping this baby up. It is like Rocky Balboa, ya just keep punching and he just keeps coming back. Was expecting a small retrace but 23+ pips... ? Or in my language.. 230+ pips..
But yeah, this has had strong support. And if this bounces back up again after today it will be the seventh time in the month of February it has hit approx .8950 and kept strength. I for one will not be surprised at all if it moves up from here.
- #73,311
- Feb 26, 2014 8:10pm Feb 26, 2014 8:10pm
- | Joined Feb 2012 | Status: Trader | 1,332 Posts
I have no clue what I'm talking about.
- #73,313
- Feb 26, 2014 8:17pm Feb 26, 2014 8:17pm
- | Joined Feb 2007 | Status: Small is beautifull | 1,368 Posts
i stay up all night and didn't get lucky, my long is longing
I stayed up all night as well, and put in one of the stupidist positions known to man and sheep.
I put in a 2.0 long @ .90072 and still holding, so I am holding to reduce my losses as much as possible, margin still okay but if we head south by a long way my learjet will have to stay on the tarmac as I wont be able to pay for fuel..
A genius is born every minute, me I am lucky if my socks match.
- #73,316
- Feb 26, 2014 8:35pm Feb 26, 2014 8:35pm
- | Joined Feb 2012 | Status: Trader | 1,332 Posts
I have no clue what I'm talking about.
- #73,317
- Feb 26, 2014 8:42pm Feb 26, 2014 8:42pm
- | Joined Feb 2007 | Status: Small is beautifull | 1,368 Posts
{quote} Oh I am at you bro... 1 lot long in the green by 20 pips and still holding. 15m Ichimoku showing strength of bears is weakening and we are flattening out with a potential range change back in favour of the bulls. 1D Ichimoku showing we are coming out of an uptrend and heading for a potential bounce off the Kijun-Sen @ 0.887315 Ichimoku settings. Tenkan = 12 Kijun = 39 Senkou = 78
EDIT: I'm not too much into that cover... it's too much like the original. If you're going to do a cover, at least make it different, ya know?
Example:
Inserted Video
I'm a dog chasing cars.