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  • #4,481
  • Jun 11, 2014 1:48pm Jun 11, 2014 1:48pm
AudUsd
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If you think you can or cannot do it you are correct
  • #4,482
  • Jun 11, 2014 2:16pm Jun 11, 2014 2:16pm
NzdUsd - expecting some serious downside action soon
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If you think you can or cannot do it you are correct
  • #4,483
  • Jun 11, 2014 4:28pm Jun 11, 2014 4:28pm
Quoting Olu
AudUsd {image}

Nzd Bank raises official cash rate to 3.25% NzdUsd takes off past 8600. AudUsd takes off in sympathy but has retraced the upmove. Keeping my hpes of a downmove alive. See audusd chart below (5min). Sold the upmove but will bail out if price is moving back up
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If you think you can or cannot do it you are correct
  • #4,484
  • Jun 11, 2014 4:30pm Jun 11, 2014 4:30pm
Quoting Olu
{quote} BW I like this one. Can you provide an updated chart that will include today's fall? I know(!) that the powers that be are supporting the stock market and therefore agree with you about the idea of slowly letting the air out of the baloon Olu
Not much changed mate - it closed just underneath the trend line with a doji candle.
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I have no clue what I'm talking about.
  • #4,485
  • Jun 11, 2014 4:31pm Jun 11, 2014 4:31pm
Quoting Olu
AudUsd {image}
I think A/U goes higher.
I have no clue what I'm talking about.
  • #4,486
  • Jun 11, 2014 4:33pm Jun 11, 2014 4:33pm
Quoting Olu
NzdUsd - expecting some serious downside action soon {image}

Price moved up instead as RBZ remains hawkish...
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If you think you can or cannot do it you are correct
  • #4,487
  • Jun 11, 2014 4:34pm Jun 11, 2014 4:34pm
Quoting Olu
{quote} Sold the upmove {image}
Nice one!
I'm already short N/U and missed the spike that I had expected and wanted to sell into - I was aware there was a decision but I thought it would be later, sigh - but I think N/U has a big big drop coming so there's no way I'm closing. But I understand we each have different outlooks and risk tolerances.
If they jack it back up again all the better for me.
I have no clue what I'm talking about.
  • #4,488
  • Jun 11, 2014 4:35pm Jun 11, 2014 4:35pm
Quoting Olu
{quote} Price moved up instead as RBZ remains hawkish... {image}
Wow, moving quickly! Defend! Defend! Attack! Attack!
I have no clue what I'm talking about.
  • #4,489
  • Jun 11, 2014 4:39pm Jun 11, 2014 4:39pm
Quoting Boy Wonder
{quote} I think A/U goes higher.

I am out of my short with a profit. Hope it was not premature. As the aud was moving up in sympathy it could go down some more. Or go up more when the big boys - London joins the market

Olu
If you think you can or cannot do it you are correct
  • #4,490
  • Jun 11, 2014 4:41pm Jun 11, 2014 4:41pm
Quoting Olu
{quote} I am out of my short with a profit. Hope it was not premature. As the aud was moving up in sympathy it could go down some more. Or go up more when the big boys - London joins the market Olu
8634 is the 61.8 retracement.
We're at 8612.
I'm guessing they take it to maybe 8650 hmm.
I have no clue what I'm talking about.
  • #4,491
  • Jun 11, 2014 4:44pm Jun 11, 2014 4:44pm
Sticking a long on A/N here.
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  • #4,492
  • Jun 11, 2014 4:55pm Jun 11, 2014 4:55pm
E/J fell though the 200 today. Add that to the busted trend line. What happens tomorrow is important. I'm wondering what might happen to E/U and U/J if jobless claims come in weak. Hmm.
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I have no clue what I'm talking about.
  • #4,493
  • Jun 11, 2014 5:02pm Jun 11, 2014 5:02pm
Quoting Boy Wonder
E/J fell though the 200 today. Add that to the busted trend line. What happens tomorrow is important. I'm wondering what might happen to E/U and U/J if jobless claims come in weak. Hmm. {image}

Hi BW

You know I have always thought UJ will hit 96/97 so I am not surprised about ej going down. It was just a nightmare for me to trade

Olu
If you think you can or cannot do it you are correct
  • #4,494
  • Jun 11, 2014 5:05pm Jun 11, 2014 5:05pm
Quoting Olu
{quote} Hi BW You know I have always thought UJ will hit 96/97 so I am not surprised about ej going down. It was just a nightmare for me to trade Olu
Well, it looks like it's going to get easier. I'm tempted here but want to see what tomorrow prints.
I have no clue what I'm talking about.
  • #4,495
  • Jun 12, 2014 6:45pm Jun 12, 2014 6:45pm
E/U and DX printed interesting candles today, worthy of some cogitation and deliberation.
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I have no clue what I'm talking about.
  • #4,496
  • Jun 13, 2014 2:01am Jun 13, 2014 2:01am
Quoting Boy Wonder
E/U and DX printed interesting candles today, worthy of some cogitation and deliberation. {image} {image}
You are right BW. it is retracement time my friend.

Top chart is the FXCM Dollar Index 4h
Bottom one is the eurusd 4h

Both have the potential to do more...
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If you think you can or cannot do it you are correct
  • #4,497
  • Jun 15, 2014 9:40am Jun 15, 2014 9:40am
World Cup 2014

We lost 2-1 to italy. No trading for 1 week. Only joking

I am following Nigeria too. Let's see what they do against Iran.

Olu
If you think you can or cannot do it you are correct
  • #4,498
  • Jun 15, 2014 9:54am Jun 15, 2014 9:54am
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If you think you can or cannot do it you are correct
  • #4,499
  • Jun 16, 2014 8:56am Jun 16, 2014 8:56am
Quoting Olu
World Cup 2014 We lost 2-1 to italy. No trading for 1 week. Only joking I am following Nigeria too. Let's see what they do against Iran. Olu
Did you really expect any other result? I didn't even watch it Olu. I did watch Spain v Netherlands though. That was good, and good to see the Dutchies hammer the Spaniards! I spent a long time in Cloggyland; they are good funny people.
I have no clue what I'm talking about.
  • #4,500
  • Jun 16, 2014 8:58am Jun 16, 2014 8:58am
The Euro appears to be holding its own today... 3510 is the new invalidation point. It is likely this pair will go upwards some more in a corrective fashion. If price does a 'W' then we could go to 3650 at least

Olu
If you think you can or cannot do it you are correct
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