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Thread: AUD.JPY

  1. #11
    action-reaction arco's Avatar
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    Major Gann at 8593 so I have bagged the pips for now.
    See if/when this Gann breaks and can re-enter.

    arco



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  2. #12
    Senior Member slam's Avatar
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    Still short
    Slow mover this one but AUD not looking good against USD either compared with other crosses so should keep some presure on it

    Cheers
    Slam

  3. #13
    Senior Member slam's Avatar
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    Geeez, the interest on this one piles up[B)]

  4. #14
    action-reaction arco's Avatar
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    Yep, its a b*itch. [B)]

    Ideally you need to be long on this one and then it earns in similar proportions.

    arco



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  5. #15
    Legend peat's Avatar
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    what are your thoughts on this one now arco
    looks like it was forming a triangle lately
    and now this morning there seems to be some wild gyrations!!

  6. #16
    action-reaction arco's Avatar
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    Hi Peat

    I dont see any reason to indicate it is about to do an about turn at the moment with the long upper wick on Fridays candle giving a bearish note. Current action appears to be forming a Symmetrical Triangle on the 1 hour which would normally indicate a continuing move in the same direction once/if the pattern breaks south.



    arco



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  7. #17
    Legend peat's Avatar
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    cool
    thats what I was thinking
    but you put it much better

  8. #18
    Senior Member slam's Avatar
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    Taken this short again
    Bit of presure on the AUD atm
    See how we go

    Cheers
    Slam

  9. #19
    action-reaction arco's Avatar
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    If/when that first blue box get bypassed there is alot of clear air below.

    arco

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  10. #20
    Senior Member slam's Avatar
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    Hi arco
    Yeah, may have jumped the gun with this one[:I]
    going the wrong way already
    tight stop on it though

    Cheers
    Slam

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