The big green shows a max of around 1.3700 at 1618
and the Qstick is still looking perky.
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The big green shows a max of around 1.3700 at 1618
and the Qstick is still looking perky.
I see a perfect bullish gartley since May 15th
Away from my computer but trying to see a butterfly forming in this?...
Thankfully I bought in real money a big chunk of my AUD for the holiday yesterday and my trading balance (bought as a hedge ) is now back to being up 143
... still would prefer it to go down tho with the inevitable visa card expenses
oh well havent been burned completely by this reaction to the RBNZ announcement today.
arco is away until further notice gallivanting the world. seems like the forex thing to do at the moment. with DA gone , and me away from next Friday (tho only for 8 days)
So its really important that everyone posts even if you dont have a view - I dont wanna be a lone voice. :(
AUD/NZD onward and upward it seems after a little rest at the new levels. Not looking forward to the visa bill....
Hi Db/Peat,
Heres aud/nzd technically a crab but commonly a butterfly!
yeh its been an amazing run and I'm not at all sure its over... tho i have no more open positions.
I closed some at over +500 and I missed most of it! it was certainly a lesson in letting your profits run, i dont think I would've held that long except for the fact I was hedging known costs in AUD, so goes to show if you're not keen to bank profits too quickly how things can add up.
Peat,
think you might be right regard its not over yet,yeah let your profits run,think i should do more of that,500 pips thats great!
cheers
roddy
apologies on my CHART post 218, 121 is not a fib number should be 127,which corresponds to a slightly higher1.235 on AUD/NZD.
CHEERS
RODDY
http://img136.imageshack.us/img136/4715/audnzdpx9.jpg
[URL=http://g.imageshack.us/g.php?h=136&i=audnzdpx9.jpg][IMG]
AUD/NZD on the weekly chart is starting to look a little high risk for buyers.... The value index is going lower and diverging from the price trend.. that only happens for so long before a corrective phase and the seasonals are suggesting a few weeks of bearishness.
TT...
Hi TT
how is it going,could you give me an idea what the 2 indicators you have posted measure i have never come across them before
cheers roddy
Hi tech trader
Could you tell me where you source your charts from
I have tried to get LW sentiment and/or Cot commercial index but have been unable to get them from a provider that I tried
thanks
http://www.sharetrader.co.nz/picture...5&pictureid=48
Head and shoulders pattern with a trendline break. What do you lot think.
I'm gonna try entering with those trailing sell stops tonight if things look good. Need a decent break below the 1.2125 before I enter.
Supports at 1.2042, 1.1755, and if we're lucky 1.11 somewhere.