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- #98,642
- Aug 18, 2016 1:15am Aug 18, 2016 1:15am
- | Commercial User | Joined Jan 2015 | 1,352 Posts
20 Pips a day keeps centerlink away
- #98,643
- Aug 18, 2016 1:16am Aug 18, 2016 1:16am
- | Commercial User | Joined Jan 2015 | 1,352 Posts
This is going one way. UP. London open again. Not sure why youd short here. i get it its in supply zone but so what? Its buy buy buy on every factor possible. Just waiting on better price and confirmations then boom. Should get a great trade soon 5:1 or more especially if you compound it. Good luck all.
20 Pips a day keeps centerlink away
- #98,645
- Aug 18, 2016 2:12am Aug 18, 2016 2:12am
- Joined Jan 2016 | Status: Trader | 1,788 Posts
{quote} You mean .77100 right? Good entry.. I missed it
Yeah, sorry mate, misprint. I was short at 77.01. Didn't mention previously that technically it has printed a lower low when it broke down from that uptrend channel. But
it has now printed a HH on the daily, as well as regaining it's uptrend channel, so it's now looking like the break down may have been false, in spite of closing below it previously.
- #98,646
- Aug 18, 2016 2:35am Aug 18, 2016 2:35am
- | Commercial User | Joined Jan 2015 | 1,352 Posts
{quote} \ Yeah, sorry mate, misprint. I was short at 77.01. Didn't mention previously that technically it has printed a lower low when it broke down from that uptrend channel. But it has now printed a HH on the daily, as well as regaining it's uptrend channel, so it's now looking like the break down may have been false, in spite of closing below it previously.
20 Pips a day keeps centerlink away
- #98,648
- Aug 18, 2016 3:03am Aug 18, 2016 3:03am
{quote} I have a short in place at .77080 see how we go
- #98,650
- Aug 18, 2016 3:22am Aug 18, 2016 3:22am
- | Commercial User | Joined Jan 2015 | 1,352 Posts
{quote} Ok you have a short wheres your stop? Wheres your target? Ive boticed all you say is IM SHORT. Youve been short since 75c what are you in about? Let me guess your stop is still good behind 90c?? O lord.
No sl or target in mind for this one just looking for a quick scalp. and already achieved it
If the aussie goes to .90 I think not only I will loose like around $2000 but the whole country will be up shit creek. I think it will struggle to get past .80 even if attempts it.
Yesterdays trading no sl either
do you think Goldman Sachs, after placing a multi million $ trade places a tight stop loss
20 Pips a day keeps centerlink away
- #98,651
- Aug 18, 2016 4:32am Aug 18, 2016 4:32am
{quote} O' Lord haha the great serpent is on my side
seriously whats the point? What a waste of your time.
- #98,652
- Aug 18, 2016 4:39am Aug 18, 2016 4:39am
- Joined Jan 2016 | Status: Trader | 1,788 Posts
{quote} \ Yeah, sorry mate, misprint. I was short at 77.01. Didn't mention previously that technically it has printed a lower low when it broke down from that uptrend channel. But it has now printed a HH on the daily, as well as regaining it's uptrend channel, so it's now looking like the break down may have been false, in spite of closing below it previously.
Closed shorts opened long 76.90. I wasn't impressed with employment numbers, the downtrend in full time positions vs part time is unhealthy. But the market swallowed it, and USD weakness across the board supports AUD. Seems to have regained it's uptrend position. USD chart tells the story.
10:30 pm AU time (about 3 hours)..........U.S. news due out. Might strengthen USD because employment numbers consistently positive
17.23B14.73BUSD
Philly Fed Manufacturing Index
1.4-2.9USD
Unemployment Claims
269K266K
- #98,653
- Aug 18, 2016 4:55am Aug 18, 2016 4:55am
- | Commercial User | Joined Jan 2015 | 1,352 Posts
{quote} congratulations on your 5c win. seriously whats the point? What a waste of your time.
looks like your longs are in the red now...
20 Pips a day keeps centerlink away
- #98,654
- Aug 18, 2016 5:05am Aug 18, 2016 5:05am
{quote} You mean .77100 right? Good entry.. I missed it
no clear direction today... the data this morning is still questionable, but yet yesterday's FOMC is bearish USD. so i have no idea which side this will go. one thing for sure, 7720-25 is still strong resistance and the 200hma now sits above 100hma @ 7679. im expecting that area to be defended quite a bit by buyers.
- #98,655
- Aug 18, 2016 5:42am Aug 18, 2016 5:42am
- | Commercial User | Joined Jan 2015 | 1,352 Posts
The big yellow one is what I look out for 
20 Pips a day keeps centerlink away
- #98,657
- Aug 18, 2016 6:11am Aug 18, 2016 6:11am
- Joined Jan 2016 | Status: Trader | 1,788 Posts
{quote} I dont have 100K to trade with so I trade with what I have
That's exactly what I trade with too Paul. No more, no less. Here's an appropriate quote from Keenpips to the man who impersonates God = "Humility bro, and keep
learning. The market teaches us all how to be humble. Trade safe." I find it interesting how no matter how much or how little each of us knows, personalities are often
revealed so clearly in the ozone we communicate in here. Words of wisdom are more easily received when humbly offered.
- #98,658
- Aug 18, 2016 6:57am Aug 18, 2016 6:57am
- | Commercial User | Joined Jan 2015 | 1,352 Posts
{quote} what's that? M15 100ma?
just as im writing this its cracked through it.
20 Pips a day keeps centerlink away
- #98,660
- Aug 18, 2016 7:12am Aug 18, 2016 7:12am
{quote} Its a 40 simple ma with a 12 shift, works well on all time frames put it on your chart and have a play with it see what you think just as im writing this its cracked through it.
Yeah down she goes. And then if we get some crappy US employment data in awhile, back up. Lots of good volatility, but I'm still cautiously standing aside. Was lucky I didn't risk another buy on the 7688 area!