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- thadakman replied Oct 1, 2009
AUD shorts looking very good today; we'll just have to see if the dollar starts to weaken as the NY session moves along as it usually does; will the start of the new quarter buck this trend? To play it safe, I'll go with the trend today and reduce a ...
AUD/USD
- thadakman replied Oct 1, 2009
We're getting close to the level that should shift this lower!
AUD/USD
- thadakman replied Sep 30, 2009
I want her to penetrate 0.8700 lol... it'll be awesome if she can this week.
AUD/USD
- thadakman replied Sep 30, 2009
I believe the Chinese Manufacturing PMI comes out in 15 minutes though; so be careful out there; this could really cause this pair to move quick!
AUD/USD
- thadakman replied Sep 30, 2009
Likely dip back below 0.8850 if it takes out 0.8870 pretty fast. I just think the Asian session will kinda chop around here.
AUD/USD
- thadakman replied Sep 30, 2009
From Forex Insider: Bearish divergence in AUD/USD hourly MACD suggests short-term top is in... by 0.8840/45 -- needs back below 0.8770 to shift the focus lower.
AUD/USD
- thadakman replied Sep 30, 2009
Very good; stocks took a nice little beating there, Dow down 50 again... was forming a bull flag that just ended up collapsing. What's your profit target?
AUD/USD
- thadakman replied Sep 30, 2009
And the DOW goes green! It'll be interesting to see if buying the dips still continues after today.
AUD/USD
- thadakman replied Sep 30, 2009
Money flowing back into stocks and promoting overall risk assets to move back up; not surprising since it's the last day of the quarter... one last ditch effort for portfolio managers to buy up some shares of stock that took a dip earlier today to ...
AUD/USD
- thadakman replied Sep 30, 2009
I have no doubt in the long run the AUD dollar will continue to rise against the USD dollar... but my bias is bearish right now (for the shorter time frame) as I feel the stock market will finally get a somewhat meaningful (and healthy) correction ...
AUD/USD
- thadakman replied Sep 30, 2009
Okay, this is pretty much exactly what kind of AUD strength I was talking about a couple days ago... one more nice pop in AUD to wipe out some shorts... I slightly altered my plan and added at 0.8830 here... I am not going to touch this pair anymore ...
AUD/USD
- thadakman replied Sep 30, 2009
A close under 1050 on the S&P would make for a bearish case; it's about 1049 right now.
AUD/USD
- thadakman replied Sep 30, 2009
When do you think we can see 0.8680? I had my profit target set at 0.8685 for this latest round of AUD shorts I added; but may change it to 0.8700 to be safe and make sure it fills.
AUD/USD
- thadakman replied Sep 30, 2009
Depends how you trade, personally, I would not take it right now b/c of the run it already had... I am able to limit my risk if the trade goes against me by planning my entries and getting in much earlier this way... b/c my overall bias is down ...
AUD/USD
- thadakman replied Sep 30, 2009
I think you could get some nice bounces on GBP, like what just recently happened when it broke 1.6000 today... but it seems that the consensus a little longer term is that it's seen its highs and now should settle around 1.5000. I think another good ...
AUD/USD
- thadakman replied Sep 30, 2009
Nice call, so far the AUD 0.8800 break is looking like NZD when it broke 0.7300 a couple weeks ago (can't seem to hold)... let's hope it pulls back the same. A lot of the upcoming move is going to be based on the US job data though, so we'll just ...
AUD/USD
- thadakman replied Sep 29, 2009
Nice Call! You were pretty much right on the money with that one! From this point on, I don't really see much of a move higher or lower until the US ADP non-farm employment change data comes out at 8:15 Eastern Time; should finally give this pair ...
AUD/USD
- thadakman replied Sep 29, 2009
Just depends how you want to trade, either go with the trend or try and buck it and go for the reversal... people luv trying to catch tops and bottoms, and there's no better time to try when what you're trading is making new highs and lows... of ...
AUD/USD