short on evening star and trendline resistance
80 50 sl 81 00 target new low
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short on evening star and trendline resistance
80 50 sl 81 00 target new low
I've gone for a similar trade, fading the rallies in the downtrend. Short at 8034 sl at 8105.
anxiety level increasing with every short , the dollar will uncoil dramatically to relieve massive overbought levels.
but still got to go from the short side !
our last hope amr is this count
2 nd wave correction now complete and 3 rd wave should start , like kind of NOW
loss 50 pips
counts nicely as 5 waves up on h1 now
if 3 wave correction and 79 remains intact , its a long
just to show hoop im not going soft.
2 positions long 100+ 110+
aud has rallied in 5 waves and corrected in 3 with a nice hammer bottom at the 78.6.
rsi divergence in oversold territory on h1
this could be the start of a good move higher.
.
Yeah - no point in going soft.............especially through the night :D
GTA - arco
now thats just greedy !!
.
I was blissfully unaware of its extremes as I explored the land of nod.
......................Nice to wake up to such a pleasant and greedy surprise. :)
Waking up to find you made money in your sleep is always nice,some surprisingly nice moves this week,thought it may have been a bit more mental,having another bite of usd/jpy,long on this U.
Cheers
Miner
Wow these signals are odd.
EW gives a long on AUD/USD, yet a short on the EUR/USD. Wouldn't it effectively be a AUD/EUR position?
AMR
Lets see your Aussie chart count so that we can try to figure out the problem
arco
Oh, I was actually referring to the conversation you had with dumbass and your attachment.
I can't believe I was going to go long on this a few days ago. 5 years of reading about the china boom and high commodity prices are playing with my TA.
Is this major trend change in the AUD pointing to a hard landing for the BRIC nations?
I've been trading a bit today. A few positives under the belt already -someimtes using the ichimoku cloud as a target zone.
Heres a gartley on the 15min. IPO 6755. Currently +30
well this hasnt helped
RBA Surprises Mkt With 75bp Cash Rate Cut
dont have the strength of my convictions against that 'force majeur' so took the opportunity on the bounce to get out at -10.
(further evidence for the notion that posting a trade almost always ruins it)
Darn....
I was short earlier but took the first 20 pips of a 120 pip move. Me and my excessive trade tinkering...should have just left the dam thing.
Boralsaid it will convert US$500m of its US$700m term credit facility to Australian dollars, the currency in which it expects most future funding requirements from the facility to be incurred.
I guess thats chicken feed in the big scheme of things
Has just tried to break above 7200 for the 3rd day (mon,thurs,fri) this week and may be failing again. If so, any thoughts on where to from here? Back down to 7050?
It actually broke thru 7200 on opening this morning. If it holds above 7200, it still needs to get above 7270 to kick on...
The July issue of Currency Trader Magazine is out.
There is an article about the Aussie and Kiwi currencies and it says
"Where do the Aussie and kiwi dollars stand now? Both currencies entered consolidations after their early-June highs, and some analysts speculate the currencies may have overshot to the upside and are due for a modest correction in the near-term. Market watchers also cite rumors the RBA has been active in the market in a way that could influence the Aussie dollar’s near-term direction. “There’s a lot of talk that the RBA was in the market above the 0.8000 level, selling Australian dollars vs. the U.S,” says Brian Dolan, chief currency strategist at Forex.com.
“The RBA has been scaling up its sales of Aussie dollar in order to lift its FX reserves,” says Sean Callow, senior currency strategist at Westpac Institutional Bank. “It’s a handy signal for long-term players, since the RBA’s average levels where it buys AUD/USD are a lot lower than where it sells. They were good size sellers in May (
AU$15 billion). The message for markets, semi-hidden though it is, is that if the RBA regards the low 0.8000s as a cheap level to buy U.S. dollars, perhaps it’s on to something and maybe 0.7000 will trade before 0.9000.”
In the short term, “both the Aussie and New Zealand dollar
remain highly correlated to global risk sentiment and the
China view,”
Possibility ? Hard to know exactly where the reversal sout might happen, but looks like a potential opportunity.
DB mightbe able to give us an EW count?
http://www.freeimagehosting.net/uploads/c66e3d5b0b.gif
max reckons .86 so hes in pretty close agreement with your projected chart arco.
not hard to see that 5 waves up on your chart either (with the projection included) .... tho I am not sure that we are meant to see 5 waves
This B wave looks vaguely similar
http://www.market-harmonics.com/imag...mer/dj2132.gifhttp://www.market-harmonics.com/elliott_wave1.htm
oh dear
arco
what are you saying !! ;)
I've been reading the EWI stuff I've subscribed to last week over the weekend and I've now asked the girl to hide all the sharp instruments in the house as I am starting to feel a bit suicidal.
They really are super bearish and subscribe to the 'Its All One Market' theory (including gold , tho they do admit it may hold up better than other commodities), so theres nowhere to hide except cash.
looks like a hammer about to form. already have a big position from .79
kept adding in to the retracement tonight , now starting to pay off.
hi guys , corrections are always bitches to count but it looks to me like a big B/2 wave.
without wanting to confuse here's how im counting it and maybe a top is in on this wave.
flat correction labelled wave W then X wave then Y wave zig zag.
A bit more simple TA indicates trend line break and looks like 77.28 is under pressure.
close to a short ?
Max is still picking a final leg higher !
Interesting take on the AUD here.
http://www.kitco.com/ind/dorsch/jul222009.html
hi arco , saw your post on elliot thread .
try this as a possibilty one more wave higher into 85 -86 for completion.
http://iforce.co.nz/i/enbwecwq.jpg
hi arco , very interested to hear your comments on aud usd and cussie nzd.
post fed rally has created some nice bearish entrys with risk defined at recent highs but im still thinking one final rally.
nice count on eur usd 5 down and currently retracing in 3 waves
thanks paul
Hi Paul
I want to get on Aussie for a short once I see a little more confirmation, and it does look like the action is floundering now with a maximum high being in the grey box area (weekly chart) where multiple Kumo resistance lies. Chikou (green) could also be repulsed by the Kumo edge. Lying in wait ready to pounce.
I'll review Kiwi and put it on the NZD.USD thread
arco
.
http://www.freeimagehosting.net/uploads/8e5f8762a6.gif
1 September 2009
Reserve Bank Board Meeting, Sydney
Outcome of Board Meeting (2.30 pm AEST)
thats 4:30 our time.
almost certainly no change.... but interest will be in the words.
.
Could that be a Gartley lurking in the wings?
http://i32.tinypic.com/2u7lglx.gif
I missed this short term bullish BF on the Aussie last night which was good for circa 150 pips.
I had earlier spotted a potential H&S formation (purple line) which turned out to be a bear trap. :eek:
Always pays to wait for more confirmation
http://i38.tinypic.com/2qta9lw.gif
Reserve Bank Board Meeting outcome announced 2.30 pm- Australian time. so given Australia apart from QLD started daylight saving this last weekend thats 4:30 PM NZ time.
http://www.rba.gov.au/MediaReleases/2009/mr-09-23.html
the Board decided to raise the cash rate by 25 basis points to 3.25 per cent, effective 7 October 2009
http://www.businessspectator.com.au/...cument&src=kgb
Alan Kohler discusses the RBA leakage...
and concludes...
"Alternatively – just leak to Business Spectator, which always publishes immediately, and then I’ll shut up about it! "
If you had the wink
would you trade???
how would you hide it ?
oh another business spectator link, sorry if thats repetitive
but here Robert Gottliebsen says the Aussie will go to 108 ~
so thats about 1600 pips away.
http://www.businessspectator.com.au/...cument&src=kgb
Aussie looking interesting for a short - 4 Ichi elements in place on H1 plus potential H&S.
http://i38.tinypic.com/106kplk.gif
morning arco , i have been following aussie for a while and i agree it looks like complete wave pattern has printed.
possible ending diagonal has completed in fifth wave with a reasonable 3 wave subdivision of the 5 wave diagonal with an under shoot on the 5 th wave.
how are you going to play your entry can we do better than a break of 91.80 or more conservatively 91.12
http://iforce.co.nz/i/iriscd24.jpg
http://iforce.co.nz/i/1cqxq0uf.jpg
Morning DB
If the forex gods are kind to us a reversal candle pattern below the DT line / bearish Kumo would seem to be the optimum entry to maximise profits - although perhaps a little more risky than a neckline break.
http://i34.tinypic.com/4g68hc.gif
evening star on h1 should do for the green light to look for a short entry.
http://iforce.co.nz/i/elfwtgsz.jpg
In Oz and watching but it is hard to see this baby goig backwards for long. Too many picking next pause will be equity...
Performed as expected (see yesterday chart)
I've taken some off at +110 off and let a few running.
http://i36.tinypic.com/21o9d7d.gif
second short position on aud.
evening star on upper channel line should hopefully take price much lower around 90.40 area.
http://iforce.co.nz/i/bimwevzy.jpg
I've closed my remaining new short positions taken last night at .9190, and will review the price action as the day goes on.
Thinking ahead that there may be the possibility of a larger Head and Shoulders forming (New slatted purple line .9125 would be the neckline). I’ve left the old SHS letters in place, and put the new potential Shoulders in red print/yellow spot.If this pattern plays out there could be another 100-200 pips to be gathered.
http://i38.tinypic.com/35ja3k8.gif
Australia 3Q CPI +1.0% On Qtr; Consensus +0.9%
Australia 3Q CPI +1.3% On Yr; Consensus +1.2%
Australia 3Q RBA Trimmed Mean CPI +0.8% On Qtr
Australia 3Q RBA Weighted Median CPI +0.8% On Qtr
heh I had a sell order in at 9197 from last night and it just got triggered before the news giving me 60 pips for lunch!
I've been seeing a lot of perfect wave counts as the Aussie goes down.
i got owned lol... went short at 9080 just when it decided to turn around... damn you forex
I am with you on the big dipper Arco.
Good Luck
Good bounce after the US GDP. But trending down again slowly. Lots of talk about it heading back towards the 0.95. Will be interesting to say the least. Thanks for all your work Arco. It's nice to sit back and watch a master at work.
I haven't seen the AUD/USD gap before. Plus 30 + points is this real or just my view?
it moved up quickly but didnt really gap....
setting up for a fall ?
went further than my previous post anticipated but now, on the hourly we clearly have 5 waves down followed by an a-b-c creating a perfect gartly where a = c shown by the cyan lines being duplicates of one another.
Good call peat,bugger didn't see it till now,all charted up now tho and watching the daily trend line,had a ripper run on the beast from last night tho :-).
Cheers
Miner
audusd could be setting up for a short.
if price action retraced up to the trendline,it would set up a bearish gartley which could be the start of a third wave of a third wave.
however retracement could be already over and price is moving down from here.
http://iforce.co.nz/i/s2ov0kul.jpg
Australia's unemployment rate fell to a seasonally adjusted 5.5% in December from 5.6% in November. The number of employed rose 35,200, the Australian Bureau of Statistics said Thursday.
Economists on average had expected an unemployment rate of 5.8% in December, with the number of employed up 10,000.
The number of people in full-time work rose 7,300 to 7.64 million in December, from
7.63 million, while the number of people in part-time work rose 27,900 to 3.27 million
from 3.24 million.
The bureau said its seasonally adjusted workforce participation rate, or the proportion of working-age persons at work or actively seeking work was 65.2% in December unchanged from 65.2% in November.
AUD jumped 40 pips on that.
Can any one explain to me, if it can be, why just after the announcement on job data this afternoon it fell sharply (1min chart) before jumping 40 pips? when it was good news?
Cheers
A combination of two things stop orders and a wide spread.
At one point the spread was 20 pips, which can skew the chart, stop orders were in place in case the annuncement was negative and big traders will try to trigger a few themselves then then create a domino effect and allow them to pick up more on the cheap and take the price back up.
Last couple of hourly candles interesting.
Cheers
Miner
Falling. Out. Of. Bed
Did that coincide with the CPI ann .... lower than forecast so rate increase unlikely tomorrow
AUD/NZD spiked as well
Bloody speculators got it wrong this time
68 seats each , 76 required
20 pip spread on Oanda (which allows trading over the weekend) thats twice the usual out of hours spread.
even with that 20 pip spread - it would've still been worth slamming a short in over the weekend. dropped a hundred pips pronto as soon as official trading began
Let's have a bigger picture view on the AUD... technically,
AUDUSD 4H
http://img52.imageshack.us/i/jan31au4houtlook.png/
Price is still in an upper consolidation since starman45's previously posted chart, and there wasn't clear break of the major up trend line. We do have a Head and Shoulders pattern with 0.9828 as neckline. Also, a bearish Gartley pattern formed the right shoulder is still in play. If price breaks 0.9828, we have further Gartley continuation and possibly the trend might turn; am looking to short on breakdown-retest of 0.9828, stop around 0.9908, first target at 0.9650.
On the upside, am watching the 0.9974 level, slightly below the shoulders but has more S/R significance. If price breaks 0.9974 and had a clear retest, am looking to long with stop around 0.9894, provided there is enough room to move till 1.0179, the double top pattern.
Don't know when will happen, but at the moment, am sitting on the bench on Aussie dollar. May even continue to consolidate in the 0.9828 - 0.9974 range which I have no interest to be in the market.
Will update here if any break of either sides.
Cheers (:
Have deployed a Small short AUd USD at 1.0025 and will scale in add ons from higher - lets see
Good Luck to us all
rgds
Zorrro
Hi Zorro. I have a long on this one from Friday. Early Monday trading it got to within 2 pips of my stop since then has been rebounding. looking at a tartget around 1.0060ish but usually review this as it gets closer. My EUR/USD long from monday is also still open . Finally creaked through the ceiling. + 210 pips on the open trades so far but as you know things can reverse very quickly.
Some levels that may help or hinder
Cable
CEILING: 1.6186
MOB 1.6053
LOC: 1.6009
FLOOR: 1.5886
Gold
CEILING: 1350.89
MOB 1336.79
LOC: 1333.33
FLOOR: 1320.59
AUD/JPY
CEILING: 83.28
MOB 82.17
LOC: 81.95
FLOOR: 81.15
EUR/AUD
CEILING: 1.3868
MOB 1.3741
LOC: 1.3701
FLOOR: 1.3611
EUR/USD
CEILING: 1.3777
MOB 1.3719
LOC: 1.3698
FLOOR: 1.3636
AUD/USD
CEILING: 1.0121
MOB 1.0016
LOC: 0.9999
FLOOR: 0.9909
OIL march
CEILING: 93.65
MOB 92.13
LOC: 91.09
FLOOR: 88.89
BRENT OIL march
CEILING: 102.65
MOB 101.11
LOC: 99.95
FLOOR: 98.65
USD/CHF
CEILING: 0.9520
MOB 0.9434
LOC: 0.9408
FLOOR: 0.9329
NZD USD
CEILING: 77.98
MOB 77.35
LOC: 77.01
FLOOR: 76.58
CHF/JPY
CEILING: 88.18
MOB 87.23
LOC: 86.98
FLOOR: 86.22
EUR/JPY
CEILING: 113.65
MOB 112.60
LOC: 112.25
FLOOR: 111.65
GBP/JPY
CEILING: 133.84
MOB 131.84
LOC: 131.35
FLOOR: 129.87
DAX
CEILING: 7169.69
MOB 7105.53
LOC: 7080.18
FLOOR: 7022.22
USD /JPY
CEILING: 82.65
MOB 82.04
LOC: 81.88
FLOOR: 81.32
USD/CAD
CEILING: 1.0086
MOB 1.0003
LOC: 0.9920
FLOOR: 0.9865
FTSE
CEILING: 5980.30
MOB 5896.89
LOC: 5850.55
FLOOR: 5808.08
EUR/GBP
CEILING: 86.35
MOB 85.52
LOC: 85.25
FLOOR: 84.98
SILVER
CEILING: 29.78
MOB 28.54
LOC: 28.12
FLOOR: 27.20
SPX CASH
CEILING: 1300.10
MOB 1287.93
LOC: 1283.25
FLOOR: 1276.75
Hope it helps
rgds
Some Nuumbhas taht may help or Hinder
Cable
CEILING: 1.6247
MOB 1.6173
LOC: 1.6121
FLOOR: 1.6040
Gold
CEILING: 1351.51
MOB 1341.42
LOC: 1338.26
FLOOR: 1328.12
AUD/JPY
CEILING: 82.98
MOB 82.47
LOC: 82.21
FLOOR: 81.88
EUR/AUD
CEILING: 1.5204
MOB 1.5119
LOC: 1.5068
FLOOR: 1.4992
EUR/USD
CEILING: 1.3906
MOB 1.3847
LOC: 1.3818
FLOOR: 1.3786
AUD/USD
CEILING: 1.0189
MOB 1.0124
LOC: 1.0009
FLOOR: 0.9965
OIL march
CEILING: 92.88
MOB 90.82
LOC: 90.41
FLOOR: 88.58
BRENT OIL march
CEILING: 103.80
MOB 102.08
LOC: 101.71
FLOOR: 100.22
USD/CHF
CEILING: 0.9420
MOB 0.9352
LOC: 0.9320
FLOOR: 0.9280
NZD USD
CEILING: 78.77
MOB 78.13
LOC: 77.69
FLOOR: 76.82
CHF/JPY
CEILING: 87.78
MOB 87.14
LOC: 86.98
FLOOR: 86.18
EUR/JPY
CEILING: 113.83
MOB 112.88
LOC: 112.35
FLOOR: 111.80
GBP/JPY
CEILING: 133.55
MOB 131.96
LOC: 131.45
FLOOR: 130.18
DAX
CEILING: 7255.27
MOB 7201.77
LOC: 7196.05
FLOOR: 7122.32
USD /JPY
CEILING: 81.98
MOB 81.52
LOC: 81.35
FLOOR: 81.01
USD/CAD
CEILING: 0.9975
MOB 0.9909
LOC: 0.9890
FLOOR: 0.9811
FTSE
CEILING: 6054.85
MOB 5990.85
LOC: 5975.25
FLOOR: 5909.09
EUR/GBP
CEILING: 86.25
MOB 85.71
LOC: 85.38
FLOOR: 85.17
SILVER
CEILING: 29.02
MOB 28.60
LOC: 28.55
FLOOR: 27.65
SPX CASH
CEILING: 1313.13
MOB 1304.20
LOC: 1301.01
FLOOR: 1288.28
Some Levels that may help or Hinder :idea:
Cable
CEILING: 1.6306
MOB 1.6216
LOC: 1.6186
FLOOR: 1.6099
Gold
CEILING: 1347.03
MOB 1334.79
LOC: 1328.25
FLOOR: 1319.19
AUD/JPY
CEILING: 83.55
MOB 85.59
LOC: 82.35
FLOOR: 81.63
EUR/AUD
CEILING: 1.3807
MOB 1.3677
LOC: 1.3645
FLOOR: 1.3545
EUR/USD
CEILING: 1.3943
MOB 1.3786
LOC: 1.3715
FLOOR: 1.3656
AUD/USD
CEILING: 1.0220
MOB 1.0123
LOC: 1.0101
FLOOR: 0.9999
OIL march
CEILING: 93.05
MOB 91.66
LOC: 91.25
FLOOR: 89.82
BRENT OIL march
CEILING: 104.60
MOB 102.99
LOC: 102.34
FLOOR: 101.11
USD/CHF
CEILING: 0.9498
MOB 0.9422
LOC: 0.9401
FLOOR: 0.9335
NZD USD
CEILING: 78.59
MOB 77.61
LOC: 77.35
FLOOR: 76.69
CHF/JPY
CEILING: 87.45
MOB 86.73
LOC: 86.65
FLOOR: 86.11
EUR/JPY
CEILING: 113.61
MOB 112.83
LOC: 112.45
FLOOR: 111.80
GBP/JPY
CEILING: 134.54
MOB 132.78
LOC: 131.03
FLOOR: 130.35
DAX
CEILING: 7220.27
MOB 7172.17
LOC: 7155.65
FLOOR: 7101.11
USD /JPY
CEILING: 82.35
MOB 81.68
LOC: 81.35
FLOOR: 80.98
USD/CAD
CEILING: 0.9929
MOB 0.9891
LOC: 0.9875
FLOOR: 0.9828
FTSE
CEILING: 6038.21
MOB 5988.91
LOC: 5965.35
FLOOR: 5909.19
EUR/GBP
CEILING: 85.89
MOB 85.27
LOC: 85.11
FLOOR: 84.74
SILVER
CEILING: 29.44
MOB 28.55
LOC: 28.20
FLOOR: 27.55
SPX CASH
CEILING: 1309.98
MOB 1303.09
LOC: 1300.25
FLOOR: 1289.89
Hope it helps
rgds
Some Levels that may help or hinder
Cable
CEILING: 1.6222
MOB 1.6145
LOC: 1.6115
FLOOR: 1.6066
Gold
CEILING: 1365.04
MOB 1354.39
LOC: 1350.11
FLOOR: 1343.43
AUD/JPY
CEILING: 84.28
MOB 83.59
LOC: 83.25
FLOOR: 82.72
EUR/AUD
CEILING: 1.3555
MOB 1.3422
LOC: 1.3398
FLOOR: 1.3313
EUR/USD
CEILING: 1.3709
MOB 1.3624
LOC: 1.3608
FLOOR: 1.3525
AUD/USD
CEILING: 1.0242
MOB 1.0161
LOC: 1.0122
FLOOR: 1.0080
OIL march
CEILING: 88.78
MOB 87.57
LOC: 87.21
FLOOR: 86.78
BRENT OIL march
CEILING: 101.23
MOB 99.69
LOC: 99.20
FLOOR: 98.65
USD/CHF
CEILING: 0.9628
MOB 0.9552
LOC: 0.9521
FLOOR: 0.9465
NZD USD
CEILING: 78.76
MOB 77.38
LOC: 77.01
FLOOR: 76.25
CHF/JPY
CEILING: 86.78
MOB 86.19
LOC: 85.80
FLOOR: 85.35
EUR/JPY
CEILING: 112.88
MOB 112.09
LOC: 111.82
FLOOR: 111.11
GBP/JPY
CEILING: 134.25
MOB 132.84
LOC: 132.25
FLOOR: 131.38
DAX
CEILING: 7329.31
MOB 7285.11
LOC: 7245.18
FLOOR: 7178.78
USD /JPY
CEILING: 82.88
MOB 82.18
LOC: 82.01
FLOOR: 81.66
USD/CAD
CEILING: 0.9954
MOB 0.9903
LOC: 0.9885
FLOOR: 0.9835
FTSE
CEILING: 6080.16
MOB 6043.19
LOC: 6025.30
FLOOR: 6006.01
USD /JPY
CEILING: 82.88
MOB 82.18
LOC: 82.01
FLOOR: 81.66
USD/CAD
CEILING: 0.9954
MOB 0.9903
LOC: 0.9885
FLOOR: 0.9835
FTSE
CEILING: 6080.16
MOB 6043.19
LOC: 6025.30
FLOOR: 6006.01
Hope it helps
AUDUSD D
http://img135.imageshack.us/i/feb14audtrade.png/
AUDUSD 4H
http://img571.imageshack.us/i/feb14au4htrade.png/
Took a long entry based on analysis in earlier post.
- Entry: Long at 1.0028
- Stop: 0.9932
- Risk: 3%, due to the trend has not kick in yet, and we are still in a triangle consolidation in the daily.
- Target 1: Previous high of B, 1.0179.
- Target 2: 1.0286, confluence of 127.0% and AB=CD completion.
Cut loss at 0.9974 when the 1.0000 support no longer holds. I should have respected the triple top in daily, especially when the top had been formed rather recent.
Am not looking to go short or long at the moment, and I will be sitting on my hands for more structures in the market.
I've gone long @ 1.0002. With a target of 90+ pips but might extend this later in the day.
Also long Eur/USD @ 1.3511 and short NZD/EUR @ .5557.
Im down 80 pips so far this month after being up 920 pips last Month. Still on target for 10% per month if I can sqeeze 250+ pip out of the above 3 crosses.
Some levels that may help or Hinder
Cable
CEILING: 1.6186
MOB 1.6108
LOC: 1.6064
FLOOR: 1.5955
Gold
CEILING: 1388.18
MOB 1378.01
LOC: 1372.35
FLOOR: 1367.68
CHF/JPY
CEILING: 87.87
MOB 87.27
LOC: 86.98
FLOOR: 86.55
BRENT OIL APRIL
CEILING: 105.35
MOB 104.13
LOC: 103.73
FLOOR: 102.88
EUR/USD
CEILING: 13636/1.3656
MOB 1.3582
LOC: 1.3535
FLOOR: 1.3464
AUD/USD
CEILING: 1.0119
MOB 1.0043
LOC: 1.0015
FLOOR: 0.9972
OIL US march
CEILING: 86.99
MOB 85.05
LOC: 84.65
FLOOR: 83.75
OIL US APRIL
CEILING: 91.50
MOB 87.97
LOC: 87.45
FLOOR: 86.23
USD/CHF
CEILING: 0.9708
MOB 0.9586
LOC: 0.9555
FLOOR: 0.9515
NZD USD
CEILING: 76.29
MOB 75.56
LOC: 75.31
FLOOR: 74.86
SILVER
CEILING: 31.89
MOB 30.73
LOC: 30.25
FLOOR: 29.99
EUR/JPY
CEILING: 114.24
MOB 113.50
LOC: 113.21
FLOOR: 112.75
GBP/JPY
CEILING: 136.65
MOB 134.68
LOC: 134.18
FLOOR: 133.65
DAX
CEILING: 7475.75
MOB 7422.65
LOC: 7401.01
FLOOR: 7355.75
USD /JPY
CEILING: 84.18
MOB 83.66
LOC: 83.45
FLOOR: 83.12
USD/CAD
CEILING: 0.9915
MOB 0.9852
LOC: 0.9825
FLOOR: 0.9785
FTSE
CEILING: 6146.63
MOB 6087.83
LOC: 6067.67
FLOOR: 6019.19
EUR/GBP
CEILING: 84.98
MOB 84.34
LOC: 84.11
FLOOR: 83.22
AUD/JPY
CEILING: 84.48
MOB 83.94
LOC: 83.65
FLOOR: 83.11
EUR/AUD
CEILING: 1.3645
MOB 1.3530
LOC: 1.3485
FLOOR: 1.3411
SPX
CEILING: 1339.68
MOB 1334.98
LOC: 1334.42
FLOOR: 1330.12
Hope it Helps
rgds
Closed the Aud/USD pair @ 1.0109 for + 107 pips.
Got stopped out of NZD/EUR for -28 pips bit have now gone long @ .5582.
EUR/USD still open for over 100pips so far but this is a long term play so will see what happens
As for the aud/usd have placed 2 orders. 1 long at 1.048 to target 1.0232, and sell at 1.0091 to target the 1.0007 mark.
GBP/JPY If Trend Change - Looks Nicely BULLISH?? :idea:
http://www.screencast.com/users/navy...3-cd878922b9e0
Hope it helps
rgds
Zarif
Welldoen Dragonz mate :D Bravo Trading.
Unsure mate If you trade AUd/CAD But if want have a Look at it say on 1hr 4hr etc Time frames has a Beautiful "Butterfly" taht can be netted as a Nice Short :D I am small swing short on this at present :D
Good Luck to us all
rgds
WOW Not one Fx Posting here For now Since 18th Feb 2011 - so some six odd weeks.
Please any who want Give me a shout on Skype : zarif786 (UK) will gladly add you in my Skype room And also I have a noce Google room taht if you want you can join and we can have rapport and discussions and trade and ideas views sharig etc.
https://groups.google.com/forum/?hl=...rum/zaktraders
Looking forward to seeing all those atht are interested in Trading Fx, Oil ( Us and Brent) Gold Silver ES FTSE DAX - to mention an few
rgds
Zorrro ( aka zarif)
Our Dedicated Chatroom is now Open
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rgds Zarif
if there is any one out there interested , nice short right now on aussie , low risk !
Hi guys
Just looking at the charts.... on the 1hr there seems to be a triangle with all moving averages under the price indicating a possible long if the price breaks to the topside?
Attachment 3558
hi razorx , well done hope you got plenty , lost on this one about 70 pips.
was a great set up confirmed with expectation of correction in sp but didnt come off .
nice one
Hi Dumbass
A nice, if a somewhat violent breakout! The entry candle (The one that opened above the purple line) moved a whole 84 pips in one hour - Would have been a nice scalp on the lower time frames! The stop (Red line in my image) needed to be placed under my trend indicator (Grey and red line).
Close out this morning with about 60 pips.
All indicators are still confirming a long trade so maybe an opportunity next week to re-enter long?
Attachment 3564
My maths entered me at 1.0574 for a short and looks like a bit of momentum building for a push south