hrmm rising trendline/channel, ranging right around the yearly pivot, and appears to be some support at 78.6%
Attached Image (click to enlarge)
- #1,122
- Oct 8, 2014 5:26am Oct 8, 2014 5:26am
- Joined Sep 2009 | Status: From Timex to Rolex via Forex | 3,398 Posts
Twitter: MrC_Forex ; Facebook: /pages/MrC-Forex/197693770247397
New membership here, how do I post a chart?
http://gyazo.com/5b276948a75518b4b42787eb1187eacb
- #1,125
- Oct 8, 2014 7:11am Oct 8, 2014 7:11am
{quote} Attach files
- #1,126
- Oct 8, 2014 7:17am Oct 8, 2014 7:17am
- Joined Sep 2009 | Status: From Timex to Rolex via Forex | 3,398 Posts
Twitter: MrC_Forex ; Facebook: /pages/MrC-Forex/197693770247397
- #1,127
- Oct 8, 2014 11:02am Oct 8, 2014 11:02am
- Joined Feb 2014 | Status: Trader | 1,796 Posts
Elliott Wave for optimum entry, exit and risk management of trades
- #1,130
- Oct 8, 2014 1:17pm Oct 8, 2014 1:17pm
- Joined Feb 2014 | Status: Trader | 1,796 Posts
{quote} For how long ? New divergeance with A/D indicator... {image}
Elliott Wave for optimum entry, exit and risk management of trades
- #1,131
- Oct 8, 2014 1:27pm Oct 8, 2014 1:27pm
- Joined Sep 2009 | Status: From Timex to Rolex via Forex | 3,398 Posts
Twitter: MrC_Forex ; Facebook: /pages/MrC-Forex/197693770247397
{quote} Didn't react well to this one. Overheated the order a bit and FOMC killed it. +35 was floating max. Loss of 35 pips. Green pips everyone!
) the dovish tone was quite predictable since not even the Fed really wants to see a very strong dollar and have that eating into US exports. Anyway, let's see how AUD fares with the jobs data on Thursday! .883 has been resistance recently and we're already there.
Enter Signature
- #1,133
- Oct 8, 2014 1:59pm Oct 8, 2014 1:59pm
- | Membership Revoked | Joined May 2008 | 3,395 Posts
The Market pays you to be disciplined
- #1,135
- Oct 8, 2014 2:16pm Oct 8, 2014 2:16pm
- | Joined Oct 2010 | Status: Trader | 1,788 Posts
Just had a limit short triggered @95.60. wasn't expecting to get even close till Aussie News time. At least for now it is on the right side. see if we can make it back down for a decent profit, or eat the stop on Employment data....
- #1,136
- Oct 8, 2014 3:50pm Oct 8, 2014 3:50pm
- | Joined Oct 2010 | Status: Trader | 1,788 Posts
It wasn't in the plan to whistle up this much this early and providing us with a serious Bull outside bar leaves too much upside risk against my short with Employment data coming in overnight. I may well cap this one off for a very small loss (much better than a potentially much larger one). See where we are in an hour or so after the NY cut as the Asian markets start to come online.
- #1,137
- Edited 5:39pm Oct 8, 2014 5:29pm | Edited 5:39pm
- | Joined Oct 2010 | Status: Trader | 1,788 Posts
In light of the substantially altered risk profile from when I placed the original limit order I've closed this out on a dip for slightly better than break even. I may come to regret that in the morning but the Negative risk on a fundamentally altered picture just isn't worth keeping this alive.
- #1,138
- Oct 10, 2014 5:21am Oct 10, 2014 5:21am
- Joined Feb 2014 | Status: Trader | 1,796 Posts
AJ is only just starting on the move down under.
Elliott Wave for optimum entry, exit and risk management of trades
