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AUDUSD Trading Pit

  • #81
  • Feb 25, 2016 8:59am Feb 25, 2016 8:59am
bearish 4HR candle
  • #82
  • Feb 25, 2016 9:04am Feb 25, 2016 9:04am
Quoting Blackopal
bearish 4HR candle
what is the open? my 4h opened an hour ago and waiting for 718x to add a long.
As Above, So Below
  • #83
  • Feb 25, 2016 1:35pm Feb 25, 2016 1:35pm
Quoting tashkent
long 7169. 30 pip sl. tp 60 pips {image}
reached my target. took initial short on audjpy
Attached Image (click to enlarge)
Click to Enlarge Name: auaj.png Size: 39 KB
As Above, So Below
  • #84
  • Feb 25, 2016 1:58pm Feb 25, 2016 1:58pm
it is preparing a squeeze now. should be pretty quick.
gbpaud getting ready to another dive. sell order in place.
As Above, So Below
  • #85
  • Feb 25, 2016 2:25pm Feb 25, 2016 2:25pm
Quoting tashkent
{quote} we are there buddy but 15M is trying another breakout?
Sorry man, had to plow some snow, yea it finally decided to do something , my shorts were stopped out even, long orders from7210 were filled, just getting the stops to even on the ones Im keeping
  • #86
  • Feb 25, 2016 2:43pm Feb 25, 2016 2:43pm
Quoting digger1
{quote}Sorry man, had to plow some snow, yea it finally decided to do something , my shorts were stopped out even, long orders from7210 were filled, just getting the stops to even on the ones Im keeping
it has been snowing here in Cleveland all day but they say we should have a better weather tomorrow. fingers crossed
i closed the long and took small short at 7239 just to test the water. not an ideal level to short though, we may hit the highs or even break out. daily and 4h favor higher highs
As Above, So Below
  • #87
  • Feb 25, 2016 3:02pm Feb 25, 2016 3:02pm
Quoting tashkent
{quote} it has been snowing here in Cleveland all day but they say we should have a better weather tomorrow. fingers crossed i closed the long and took small short at 7239 just to test the water. not an ideal level to short though, we may hit the highs or even break out. daily and 4h favor higher highs
Daily chart, there is lots of reasons for shorting this area, also a trendline on the monthly that is getting tested from the bottom, it is the last week of the month tho, monthly candle could change drastically in the next few days equities showing some life yet tho , nothing on the same page yet lol
Attached Image (click to enlarge)
Click to Enlarge Name: aud daily.jpg Size: 278 KB
  • #88
  • Feb 25, 2016 3:26pm Feb 25, 2016 3:26pm
Quoting digger1
{quote}Daily chart, there is lots of reasons for shorting this area, also a trendline on the monthly that is getting tested from the bottom, it is the last week of the month tho, monthly candle could change drastically in the next few days equities showing some life yet tho , nothing on the same page yet lol {image}
lets see how price will behave around 7250 +/-15 point area. we just need some time for clearer direction.
i do not know what other members think but i guess we have somewhat balanced bear and bulls.
As Above, So Below
  • #89
  • Feb 25, 2016 3:41pm Feb 25, 2016 3:41pm
Good morning USA. 8:45 A.M., sunny and around 85 degrees. I'd like to have a short in my pocket around this level but have a feeling it should test that high again....
  • #90
  • Feb 25, 2016 5:03pm Feb 25, 2016 5:03pm
watching the 7211 7208 level for some longs again, s&p poped above it recent highs, oil was up , copper seems to have bounced from its weekly pivot area , the laggard is the dax, aud did get a daily close above its quarterly pivot , still a little concerned about that monthly trend line , but there is a few days left this month
  • #91
  • Feb 25, 2016 5:05pm Feb 25, 2016 5:05pm
Have been buying a few on this half hour bar down , big bullets would be used on the afore mentioned levels
  • #92
  • Edited 5:19pm Feb 25, 2016 5:06pm | Edited 5:19pm
https://deal.ig.com/platform/chart/t..._1456434287855

Hey TK I didn't take short there at that little return to .7240 was waiting for higher spike and pin bar back down. might still happen but that looks like maybe that weak little effort at highs again might be it for now? On USD/CAD last night just b4 I went to bed I took short at 1.3631 just as oil rose more a bit and CAD hadn't followed yet. I liked the 6th test on that neckline for a break. My timing was SOOOOO lucky. 5 minutes later it started plunge to what I woke up to this morning=100 pips drop. I think you are right about test of support at 1.345. I also think Head and Shoulder break target might be 800-900 points down. Will hold this one and maybe add to it. Unfortunately only took one mini last night, was planning on more after neckline break so might follow up on that plan. I'm still having trouble getting my charts to load to here. That link above is to chart where I sold at 1.3631, but i don't know if even that link will work. Will consult with my tech expert (wife) about loading my charts, getting frustrated there.
  • #93
  • Feb 25, 2016 6:27pm Feb 25, 2016 6:27pm
It looks like this push up be the decider... break up or reverse to lower level. Third test of .7250 area since Feb 4th. AUD/JPY now testing 82 yen for the 5th time since dropping below and into range of 80-82 yen since Feb 10th.
  • #94
  • Feb 25, 2016 6:50pm Feb 25, 2016 6:50pm
Quoting digger1
watching the 7211 7208 level for some longs again, s&p poped above it recent highs, oil was up , copper seems to have bounced from its weekly pivot area , the laggard is the dax, aud did get a daily close above its quarterly pivot , still a little concerned about that monthly trend line , but there is a few days left this month
i clearly see where you are coming from and agree with your analysis. shorts are no longer valid under current conditions. i closed my short and working out how to utilize the breakout, which currently looks imminent.
As Above, So Below
  • #95
  • Feb 25, 2016 6:55pm Feb 25, 2016 6:55pm
Quoting Blackopal
https://deal.ig.com/platform/chart/t..._1456434287855 Hey TK I didn't take short there at that little return to .7240 was waiting for higher spike and pin bar back down. might still happen but that looks like maybe that weak little effort at highs again might be it for now? On USD/CAD last night just b4 I went to bed I took short at 1.3631 just as oil rose more a bit and CAD hadn't followed yet. I liked the 6th test on that neckline for a break. My timing was SOOOOO lucky. 5 minutes later it started plunge...
i am backing off from my short bias and if your are still planning to short, wish you luck. meantime congrats with UC trades. i set my buy limit to 3450, lets see what will happen.
btw, that link is not working, so you may want to approach your tech consultant more kindly, lol.
As Above, So Below
  • #96
  • Feb 25, 2016 7:06pm Feb 25, 2016 7:06pm
FYI, nzdusd just had a breakout
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  • #97
  • Feb 25, 2016 7:21pm Feb 25, 2016 7:21pm
Quoting tashkent
FYI, nzdusd just had a breakout

Aussie chart 30 & 15 bearish pin bars. One HR not complete but looking similar. Battle on this level....nzdusd looks similar has probably reached top of new level for now after nice lift
  • #98
  • Feb 25, 2016 7:34pm Feb 25, 2016 7:34pm
Quoting Blackopal
{quote} Aussie chart 30 & 15 bearish pin bars. One HR not complete but looking similar. Battle on this level....nzdusd looks similar has probably reached top of new level for now after nice lift
we need to watch that 7256. something in me telling 73 is where we are heading, no matter what small tf bar formations are. sure it may drop some after pins but do not think it can change this leg to upside
As Above, So Below
  • #99
  • Feb 25, 2016 7:40pm Feb 25, 2016 7:40pm
Might see 0.73 might not, trend will continue until there is significant China, Australian and to a lesser extent US news. Maybe investors pulling out of Europe seem to be favouring the AUD currently. Expect the predictable trash we've been getting the past week.
  • #100
  • Feb 25, 2016 7:43pm Feb 25, 2016 7:43pm
Quoting tashkent
{quote} we need to watch that 7256. something in me telling 73 is where we are heading, no matter what small tf bar formations are. sure it may drop some after pins but do not think it can change this leg to upside

Good points. Read them just after I decided to take short .7248. But I know it's still deciding time on the push up and after previous touching the resistance here should be weakened, Stop Loss tight but pretty good level for a short
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