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- Zuke replied Jan 11, 2011
...Yeah, I agree. I think off the bacl of the home loans data there might be some upwards movement, but it has to conquer minor res at 9857 and then stronger res at 9880. Cant see that happening, so just letting it drift upwards and waiting for my ...
AUD/USD
- Zuke replied Jan 11, 2011
What are you thinking? Trend reversal? Or a last run up before the fireworks down begin?
AUD/USD
- Zuke replied Jan 11, 2011
'fraid not...but there is a pdf in that thread and they are easy to spot after a while.
AUD/USD
- Zuke replied Jan 11, 2011
it's a type of HAS candle...there is a thread on it here on FF, if you do a search. I use it as an entry candle for all of my different strats
AUD/USD
- Zuke replied Jan 11, 2011
+2.5% vs -1.2 consensus. Thats ok...just provides more ammo for my short later!! hee hee
AUD/USD
- Zuke replied Jan 11, 2011
There is some key Aussie Home loans data which may drive EUR/JPY via EUR/AUD so I wouldnt getting a position on EUR JPY until it has shaken out.
Nb 1.0 trend trade system
- Zuke replied Jan 11, 2011
Im waiting for/hoping for a run up to 9850 area before I short. If the news on home loans is bad, then Ill short after the close of the first bearish 5 min Randy Candle. Even if Home loans news is good, Im still looking to let it run up to 9887 ...
AUD/USD
- Zuke replied Jan 11, 2011
However...that said...I spot a potential better set up on EUR-USD...again, no need to rush, Ill let it play out and see if I get the signal and then entry candle
Nb 1.0 trend trade system
- Zuke replied Jan 11, 2011
It is close to being a setup. I am looking for a short Randy candle and then I will enter the trade. I will post the chart when/if this happens
Nb 1.0 trend trade system
- Zuke replied Jan 11, 2011
If you pardon the pun...are you sure you wanna swim against the tide?
AUD/USD
- Zuke replied Jan 10, 2011
Im not sure about that you know...it isnt anywhere near the daily lows of 8th or 1st of Dec...so overall, I disagree with you... ...but it's all about opinions of course
AUD/USD
- Zuke replied Jan 10, 2011
OK..taken 1/3 of my size off the table at 9862 for +59. Stop on remainder is at 9901...lets see this baby sink!!
AUD/USD
- Zuke replied Jan 10, 2011
Great stuff....Im going to take partial profits at 9841 from my 9921 short...if we get there! Right now I have move my stop to just under break even to give myself a very modest profit. What I want to see is a bearish randy candle open and close ...
AUD/USD
- Zuke replied Jan 10, 2011
Im short from 9921...if we can just get past this damn level at 9888 support, I reckon we can take this pair down to 9800
AUD/USD
- Zuke replied Jan 10, 2011
Potential setup forming on Cable. Price is 20 pips away from the upper band of TMA. I will use my slight tweak on the strat and wait for it to hit the upper band, and then enter on the next downtrend randy candle thereafter. I'll post a chart ...
Nb 1.0 trend trade system
- Zuke replied Jan 9, 2011
ah right..thx a lot....mm ok, so with retail sales as expected at 0.3%, Im expecting this short rally to peter out and the downtrend to be resumed. Im consequently still only looking for shorts right now on this pair
AUD/USD