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AUD/USD

  • #80,461
  • Jun 23, 2014 6:37pm Jun 23, 2014 6:37pm
Ken, do you think we're still gettin' down there?
  • #80,462
  • Jun 23, 2014 6:38pm Jun 23, 2014 6:38pm
Quoting nealpek
Ken, do you think we're still gettin' down there?
No, not until hitting strong resistance
  • #80,463
  • Jun 23, 2014 7:36pm Jun 23, 2014 7:36pm
Looks like London will challenge Red zone, US session will push it down to Daily Open. Daily Open being support for now.

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  • #80,464
  • Jun 23, 2014 7:39pm Jun 23, 2014 7:39pm
could be...but,
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  • #80,465
  • Jun 23, 2014 7:45pm Jun 23, 2014 7:45pm
I don't know - just closed my other short for +16 pips looks like will have opportunity to short higher. Right now I am milking EUR/AUD shorts

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  • #80,466
  • Jun 23, 2014 8:00pm Jun 23, 2014 8:00pm
Quoting Ken A
I don't know - just closed my other short for +16 pips looks like will have opportunity to short higher. Right now I am milking EUR/AUD shorts {image}
is there more than one Ken A or is it that you don't need to sleep?
  • #80,467
  • Jun 23, 2014 8:06pm Jun 23, 2014 8:06pm
Ken is a trading machine...simple as that
"Holy Grail" exists - accepting where is the first step.
  • #80,468
  • Jun 23, 2014 8:06pm Jun 23, 2014 8:06pm
Quoting Ken A
I don't know - just closed my other short for +16 pips looks like will have opportunity to short higher. Right now I am milking EUR/AUD shorts {image}
Careful with those short's there Ken it actually looks like heading higher (15m)_
  • #80,469
  • Jun 23, 2014 8:08pm Jun 23, 2014 8:08pm
Quoting RBlackburn
{quote} Careful with those short's there Ken it actually looks like heading higher (15m)_
Thanks. I had 10 orders already closed 5, well at least the stops are paid for in case it turns against me.

Edit: I am looking at it as consolidation to trade lower until last support.
  • #80,470
  • Jun 23, 2014 8:11pm Jun 23, 2014 8:11pm
Quoting RBlackburn
{quote} Careful with those short's there Ken it actually looks like heading higher (15m)_
..
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  • #80,471
  • Jun 23, 2014 8:12pm Jun 23, 2014 8:12pm
Quoting Ken A
{quote} Thanks. I had 10 orders already closed 5, well at least the stops are paid for in case it turns against me.
Oh ok cool, no worries...good luck
  • #80,472
  • Jun 23, 2014 8:21pm Jun 23, 2014 8:21pm
Here we have this triangle that may want to break lower

It's actually the past 13 hours of consolidation

Waiting for 1hr RSI to cross below 50...
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  • #80,473
  • Jun 23, 2014 8:23pm Jun 23, 2014 8:23pm
Quoting Ken A
I was sleeping in the massage chair for few hours
in the massage chair, laptop with alert signals at the ready. you should just do the trading for the rest of us so we can do other things
  • #80,474
  • Jun 23, 2014 8:27pm Jun 23, 2014 8:27pm
The AUDUSD stays above the 0.9400 with a bullish momentum, if it reaches the 0.9461, which is its latest peak, then it may stall there.
  • #80,475
  • Jun 23, 2014 8:44pm Jun 23, 2014 8:44pm
We are all looking at the same chart - some say it's going down and some up

Vely wierd
  • #80,476
  • Jun 23, 2014 8:52pm Jun 23, 2014 8:52pm
No longs in these levels for me..shorting rallies....
"Holy Grail" exists - accepting where is the first step.
  • #80,477
  • Jun 23, 2014 9:04pm Jun 23, 2014 9:04pm
Quoting Ken A
We are all looking at the same chart - some say it's going down and some up Vely wierd
It is very weird because it's clearly going sideways! lol haha
  • #80,478
  • Jun 23, 2014 9:07pm Jun 23, 2014 9:07pm
Haha

Can't imagine if everyone unanimously goin one direction
  • #80,479
  • Jun 23, 2014 9:09pm Jun 23, 2014 9:09pm
It looks like the initial target of the pending break-out would be the 123.6% EXT around 9403
I'm still short..as you can tell
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  • #80,480
  • Jun 23, 2014 9:11pm Jun 23, 2014 9:11pm
Quoting RBlackburn
It looks like the initial target of the pending break-out would be the 123.6% EXT around 9403 I'm still short..as you can tell {image}
Which is also the 61.8% retracement of the last move higher
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