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AUD/USD

  • #79,461
  • Jun 12, 2014 4:44pm Jun 12, 2014 4:44pm
Quoting Magix
{quote} Eventually... {image}
A good trader follows his rules, but great trader knows when to break them
  • #79,462
  • Jun 12, 2014 4:51pm Jun 12, 2014 4:51pm
G/U 1.6950 is gone
  • #79,463
  • Jun 12, 2014 4:59pm Jun 12, 2014 4:59pm
Quoting ill_be_back
Any body has a time on this {image}
1.pm. Sydney / 3.am. GMT
  • #79,464
  • Jun 12, 2014 4:59pm Jun 12, 2014 4:59pm
Quoting ill_be_back
{quote}

Ima try a crystal ball here...on the dragon...

I will say that in either 3 hours from now, or if the dragon hits 1.7295 prior...it will retrace...

Just working on a little something here...

If we fall back prior...7295 will be the target.

If I'm wrong...pshhhhhhhh...

Oh well!
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #79,465
  • Jun 12, 2014 5:01pm Jun 12, 2014 5:01pm
If AUD/USD doesn't retrace a from the new high of .9433 down below the channel - i think we may see .946 today. That said, I'm still slightly bearish on the pair waiting for the opportune moment to short.
  • #79,466
  • Jun 12, 2014 5:05pm Jun 12, 2014 5:05pm
Quoting Balmain Boy
{quote} 1.pm. Sydney / 3.am. GMT
Thanks
A good trader follows his rules, but great trader knows when to break them
  • #79,467
  • Jun 12, 2014 5:06pm Jun 12, 2014 5:06pm
Quoting Magix
{quote} Ima try a crystal ball here...on the dragon... I will say that in either 3 hours from now, or if the dragon hits 1.7295 prior...it will retrace... Just working on a little something here... If we fall back prior...7295 will be the target. If I'm wrong...pshhhhhhhh... Oh well!
No more short, Now long EJ 137.847
GJ Should pull EJ up
A good trader follows his rules, but great trader knows when to break them
  • #79,468
  • Jun 12, 2014 5:11pm Jun 12, 2014 5:11pm
Quoting Arman_A
If AUD/USD doesn't retrace a from the new high of .9433 down below the channel - i think we may see .946 today. That said, I'm still slightly bearish on the pair waiting for the opportune moment to short.
It might.

A/U got the pressure from G/A atm
  • #79,469
  • Jun 12, 2014 5:14pm Jun 12, 2014 5:14pm
Quoting ill_be_back
{quote} No more short, Now long EJ 137.847 GJ Should pull EJ up

Or Maybe EJ hitting resistance will bring the dragon down to the bounce level??
Attached Image (click to enlarge)
Click to Enlarge Name: ejres.png Size: 26 KB
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #79,470
  • Jun 12, 2014 5:17pm Jun 12, 2014 5:17pm
Quoting JTattheRanch
100% Certain the AUD/USD will go higher to .9650
Could you post your long orders please.
Let that do the talking.

Market does not even know you exist.What you think is irrelevant
In trading, you have to be defensive and aggressive at the same time
  • #79,471
  • Jun 12, 2014 5:25pm Jun 12, 2014 5:25pm
Quoting Magix
{quote} Or Maybe EJ hitting resistance will bring the dragon down to the bounce level?? {image}
In that case, Will add 3 more to my recovery total
A good trader follows his rules, but great trader knows when to break them
  • #79,472
  • Jun 12, 2014 5:26pm Jun 12, 2014 5:26pm
Quoting Balmain Boy
{quote} And if doesn't ?? Do you revert to JT at the Trailer Park ?
If it doesn't he'll just make another demo acc... or go back to the lemonade stand
  • #79,473
  • Jun 12, 2014 5:42pm Jun 12, 2014 5:42pm
Quoting JTattheRanch
100% Certain the AUD/USD will go higher to .9650
Anyway...in all seriousness...

Why do you think the aussie dollar will go to 9650
'You must have a reason, right..
  • #79,474
  • Jun 12, 2014 5:44pm Jun 12, 2014 5:44pm
The AUDUSD has broken above the 0.9400 level, but we still need to see confirmation of this breakout. if we get a retracement, this area could become support.
  • #79,475
  • Jun 12, 2014 6:29pm Jun 12, 2014 6:29pm
I'm staying short on this (from 0.9273) until a 4 hour close above the high @ 0.9460.
It's still range bound for now as you can see below...

I understand 94 broke so most are giving up and closing their shorts... but i'm not going to fall for it..
If there was more conviction from strong buyers above 94 we'd be closer to 95 by now...imo

Trading backing below 94 could prove difficult but if it does break....volume will pick up as >94 buyers will lose their safety blanket and start taking losses..
Attached Image (click to enlarge)
Click to Enlarge Name: Andysnap_004.png Size: 74 KB
  • #79,476
  • Jun 12, 2014 6:42pm Jun 12, 2014 6:42pm
The power of suggestion hehe

Friday PA is anything but ................
  • #79,477
  • Jun 12, 2014 6:43pm Jun 12, 2014 6:43pm
Quoting RBlackburn
I'm staying short on this (from 0.9273) until a 4 hour close above the high @ 0.9460. It's still range bound for now as you can see below... I understand 94 broke so most are giving up and closing their shorts... but i'm not going to fall for it.. If there was more conviction from strong buyers above 94 we'd be closer to 95 by now...imo Trading backing below 94 could prove difficult but if it does break....volume will pick up as >94 buyers will lose their safety blanket and start taking losses.. {image}
From a monthly level...I have to agree with you...

There is a definite line in the sand and until this has been cleared and tested as support...it is resistance.

We are walking into summer session...

Anything can happen, the most important place will be...where ever we land in September.
Attached Image (click to enlarge)
Click to Enlarge Name: AUDMN1.png Size: 45 KB
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #79,478
  • Jun 12, 2014 6:46pm Jun 12, 2014 6:46pm
Quoting RBlackburn
{quote} Anyway...in all seriousness... Why do you think the aussie dollar will go to 9650 'You must have a reason, right..
I'd LOVE to hear this as well...If he has something worth reading I might consider looking past his childish choice of font and give him an iggy list reprieve for just a short bit...something tells he it won't be worth reading though...
"Holy Grail" exists - accepting where is the first step.
  • #79,479
  • Jun 12, 2014 6:55pm Jun 12, 2014 6:55pm
Quoting Magix
{quote} From a monthly level...I have to agree with you... There is a definite line in the sand and until this has been cleared and tested as support...it is resistance. We are walking into summer session... Anything can happen, the most important place will be...where ever we land in September. {image}
I like that chart it makes the bigger picture quite clear...cheers.
What do you mean in September? Why is that important?
  • #79,480
  • Jun 12, 2014 6:57pm Jun 12, 2014 6:57pm
September back from summer vacation
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