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Magic Trader replied Jul 28, 2009looks like it's headed back down. maybe some scalping at .8245. I'm also putting a sell limit in case it hits .8316 in the next couple hours.
AUD/USD
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Magic Trader replied Jul 28, 2009great call. no reason you can't buy and sell during this run.
AUD/USD
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Magic Trader replied Jul 28, 2009It could go all the way to .85. But all in this week? But there's a lot of momentum behind it now.
AUD/USD
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Magic Trader replied Jul 28, 2009Prior to today, I had resistance at .8275. But for now, I'll keep an eye on .8360. That seems like solid S/R. It may go above it, but it should respect it and give scalping opportunities.
AUD/USD
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Magic Trader replied Jul 28, 2009Yes, the EA and AU have a 96.8% negative correlation. Watching one will tell you what the other will do. I might have an indicator somewhere that places both on the same chart....
AUD/USD
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Magic Trader replied Jul 27, 2009A huge move up or down doesn't seem imminent. At least not with pullbacks that would give us chances to get out if need be. My guess is that we're in for weeks more of this. But it does seem like we'll get to .83, .84, and .85 eventually. With RBA ...
AUD/USD
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Magic Trader replied Jul 27, 2009i think there's some momentum building for a push back up. My guess is it'll test the 1.0865 level awhile before pushing through.
my trade
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Magic Trader replied Jul 27, 2009Good job on this pair ben10. looks like she's headed up a bit today but doesn't mean it won't go lower yet again.
my trade
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Magic Trader replied Jul 27, 2009I'm short at .8222. Will take more positions if it goes up.
AUD/USD
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Magic Trader replied Jul 25, 2009I'm not much into fib ratios either but I think this one might give a more recent insight into PA.
AUD/USD
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Magic Trader replied Jul 25, 2009I'll start taking short positions too as it nears and goes past .8200.
AUD/USD
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Magic Trader replied Jul 23, 2009nice graphic. you don't have far to go to break even. have you seen the USDCAD, it's crazy. Guess the news.
my trade
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Magic Trader replied Jul 23, 2009yes. actually it's at .8160 now and i'm curious if it's going to take .8190 as the next support.
AUD/USD
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Magic Trader replied Jul 23, 2009Good calls on the resistance. I'm waiting for them to shoot up there. And let's hope RBA drops the hammer again.


AUD/USD
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Magic Trader replied Jul 22, 2009how did you make out yesterday.... can you post your daily win/loss on scalping?
my trade
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Magic Trader replied Jul 22, 2009price is contracting now. expecting some kind of movement. my guess is up. are you still in at 8160? real strong support at 8150 still.
AUD/USD
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Magic Trader replied Jul 22, 2009Next target is 1.4302. Be sure to short from there. I'm already lining up my sell orders
This is on a 15M TF or up to 1H.my trade