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AUD/USD

  • #81,881
  • Jul 3, 2014 7:36am Jul 3, 2014 7:36am
  • #81,882
  • Jul 3, 2014 7:45am Jul 3, 2014 7:45am
as of now, AUDUSD holding 0.9330 important support.
See a potential rebound from this very important support.
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  • #81,883
  • Jul 3, 2014 7:46am Jul 3, 2014 7:46am
pretty critical level on daily. however if today ends up being doji, i will not be convinced we are heading to 0.92 although all these news clusters got shit out of AUD .
As Above, So Below
  • #81,884
  • Jul 3, 2014 7:48am Jul 3, 2014 7:48am
IMO - RBA is going to resort to intervention before all is said and done.
"Holy Grail" exists - accepting where is the first step.
  • #81,885
  • Jul 3, 2014 8:08am Jul 3, 2014 8:08am
just had a "rocky" moment lol, just didn't see it. mother*%$()$(#)%##%)%($#$*$%(%)er....
maybe get another chance...son of(%*^*%($)$(*%*%($)**$*(..... lol..
lesson, if price went there, and my blue box wasn't there, totally my fault, can't blame the market...she's just doing what she's supposed to do...my apologies MOTB!
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  • #81,886
  • Jul 3, 2014 8:15am Jul 3, 2014 8:15am
No laughing now, it's not a 3 legged crocodile, it's an anti gartley
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Pride always comes before destruction.... -Proverbs 16:18
  • #81,887
  • Jul 3, 2014 8:16am Jul 3, 2014 8:16am
Quoting nealpek
just had a "rocky" moment lol, just didn't see it. mother*%$()$(#)%##%)%($#$*$%(%)er.... maybe get another chance...son of(%*^*%($)$(*%*%($)**$*(..... lol.. lesson, if price went there, and my blue box wasn't there, totally my fault, can't blame the market...she's just doing what she's supposed to do... {image}

similar epiphany here...I think...
"Holy Grail" exists - accepting where is the first step.
  • #81,888
  • Jul 3, 2014 8:20am Jul 3, 2014 8:20am
trying a long here with a stop loss below .9320
  • #81,889
  • Jul 3, 2014 8:26am Jul 3, 2014 8:26am
rule #2, went something like:
Idiot, you never chase a trade, if you missed it, too bad, there will be others...
ya but.....
stupid, always wait for the market to come to you, this way , you get the lowest price, and if your wrong, so what...that's trading!
  • #81,890
  • Jul 3, 2014 8:28am Jul 3, 2014 8:28am
Quoting nealpek
rule #2, went something like: Idiot, you never chase a trade, if you missed it, too bad, there will be others... ya but..... stupid, always wait for the market to come to you, this way , you get the lowest price, and if your wrong, so what...that's trading!
"Holy Grail" exists - accepting where is the first step.
  • #81,891
  • Jul 3, 2014 8:31am Jul 3, 2014 8:31am
According to Ms EA and her sister GA won't be buying Aussie yet said still vely expensive and waiting for a bargain
  • #81,892
  • Jul 3, 2014 8:33am Jul 3, 2014 8:33am
Quoting Ken A
According to Ms EA she won't be buying Aussie yet said still vely expensive and waiting for a bargain
Hey Ken, wanted to ask you about usd/jpy. I am still long since 101.50 and since you are bullish on this pair what's your mid-long term view?

Regards
  • #81,893
  • Jul 3, 2014 8:36am Jul 3, 2014 8:36am
Quoting Ken A
According to Ms EA and her sister GA won't be buying Aussie yet said still vely expensive and waiting for a bargain
already boxing my lower demand areas, lesson learned....the market needs to knock you back to reality sometimes...
definitely a humbling experience!
  • #81,894
  • Jul 3, 2014 8:37am Jul 3, 2014 8:37am
Hey guys,

Thank you all for your analysis of the market this morning. I made 35 pips and pocketed 90% percent of my trade lot. Leaving the rest 10% to continue shorting the AUD.

Thanks.
  • #81,895
  • Jul 3, 2014 8:38am Jul 3, 2014 8:38am
Quoting msfu
{quote} Hey Ken, wanted to ask you about usd/jpy. I am still long since 101.50 and since you are bullish on this pair what's your mid-long term view? Regards
I am waiting if can stay and close above 102.20, if so then wait for 102.30/40/50 and see how it goes in Asia session. If can't close above 102.20 I will close it then wait lower to buy some more.

But please don't listen to my nonsense and always trust your own.
  • #81,896
  • Jul 3, 2014 8:40am Jul 3, 2014 8:40am
Opened small Long tight SL target .94 +
  • #81,897
  • Jul 3, 2014 8:46am Jul 3, 2014 8:46am
Quoting nealpek
{quote} already boxing my lower demand areas, lesson learned....the market needs to knock you back to reality sometimes... definitely a humbling experience!
It may or may not hold but long as sell stops are in place nothing to worry about if having doubt usually I pack and run

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  • #81,898
  • Jul 3, 2014 8:47am Jul 3, 2014 8:47am
i would not go long unless i am sure the sell off is over even with 9 pip sl.
As Above, So Below
  • #81,899
  • Jul 3, 2014 8:51am Jul 3, 2014 8:51am
Quoting tashkent
i would not go long unless i am sure the sell off is over even with 9 pip sl.
Was it you bullish earlier? What changed your mind
  • #81,900
  • Jul 3, 2014 8:53am Jul 3, 2014 8:53am
Quoting Ken A
{quote} It may or may not hold but long as sell stops are in place nothing to worry about if having doubt usually I pack and run
i hear ya Ken, it's just hovering in the 3rd demand box, i'll wait to see if new demand forms, then take it from there...
theres a few nice fresh supply levels created from this bigger move, needs some retests for sure...
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