Here's how my 4Hr AU chart looks. I just went short at 0.8285. I have a PO at 0.8311. 0.8285 is the 78.6 level from 0.8342 to 0.8071. Sorry no B&W charts I am targeting 0.8200 on this trade. my position sizes are small.

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that is also close to a significant fib level. I have a short order at 0.8311 as well.

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Sorry, not following the news, why do you say that? I saw Aussie rallying earlier because EA hit the major resistance trendline. I believe Clouds is short on that already.

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I think Aussie might be rebounding now. If you look at EA, it hit 1.544 region and is going back down. Might set off the Aussie rally as well. Just my 0.01cents.

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Got out of the Aussie short. If anyone is looking at a 4H chart, look at that wick!!! Over hundred pips. Also, if you look at the EUR/AUD chart, you see it approaching a major resistance area around 1.54 from the past. I think that Aussie decline is ...

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Hi everyone, how are you all doing.. I closed my AU short from two days back at 0.82 this morning. I was sleeping when the price blew fast and past 0.818. Overall, a good week. I just went short AU again at 0.8310. I am not going to stay in it ...

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Yup same here. When did you get in? I got in at 0.8725. I am also watching it...if it hits 0.82 while I am awake then good else I will have to just set the limit and go to sleep.

Weekly COT report Analysis + Trade Ideas

Hi Shahab, do you still have your aussie short open?

Weekly COT report Analysis + Trade Ideas

Up 40 on this one. moving stop to BE.

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Look at AU go.......... It broke 0.8381 with authority and is now bouncing off area around 0.8311. I am still short from yesterday. Anyone else on this?

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Not me. Going to let this one pass by and see if it reaches near 1.26

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Yeah, I saw your post on another thread talking about AJ support. AU might retrace over 0.9 as well. the 78.6 fib (which AU loves) is around 0.91 (0.9402-0.8359), so I wont be surprised if it does retrace till there. FOr now though, I am watching ...

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oh, oh, yeah that flu can be really irritating. Need rest and soup, lot of them . Do take care. I have an Aussie free short running from yesterday. I am looking to add to it if 0.8600 is re-tested. Other than that, I have the UCHF trade I ...

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I know ...best combination of keys ever invented. I just got tired of updating charts at home and then at work... How have your trades been going?

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UChf — I just went long UChf when it tested 1.1521. Planning to add to longs on any further retracements (esp around 1.1450). Sorry my charts are at home - i am vnc-ing from work.

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Maybe that will cause the retracement to give me the long entries I have been waiting. For a long time .

Backing Trades Thru Charts

Actually, 0.8381 is an important fib level. If you look at the chart now, it just bounced from that area. Lets see if it can get to 0.86 anytime today.

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AU tied to a rock — It is going down fast. I was planning to add shorts at 0.86 but looks like we won't get a chance.

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Yeah, I am thinking of those levels too, though I dont use Pivots. I am short and my first target is 0.8580. Lets see.

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0.8577 - level to watch — On AU, if the daily closes at current levels (under 0.8677), then I see 0.8577 as the next major area of support. Question is will it be breached today or will it provide a double-bottom scenario? It might turn out to ...

Nearly Naked (Simple Trades)