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- thadakman replied Sep 29, 2009
Interesting, still not convinced of an 0.8800 break... I'm actually gonna be away from my computer for a couple hours; I'll stick to my original plan and set an order at 0.8780 and go from there... more planned shorts in the 0.8800's if need be this ...
AUD/USD
- thadakman replied Sep 29, 2009
Morning Ben10.... if the AUD news is good; how high do you think it can spike before it settles?
AUD/USD
- thadakman replied Sep 29, 2009
Later, I just got back in on that break, at 0.8725... had to close my short from yesterday at 0.8700 for a mere 30 pips profit as I figured the US dollar would start to sell off later in the NY trading day as usual... I'll be looking to add more ...
AUD/USD
- thadakman replied Sep 29, 2009
Cool, I got in yesterday at 0.8730 and should've taken 0.8680 earlier but I was on my way to work... ended up getting out for 30 pips at 0.8700 and just now got back in at 0.8725... looking to add more short at around 0.8775... all depends on the ...
AUD/USD
- thadakman replied Sep 28, 2009
Remember guys, we have consumer confidence tomorrow morning for the USD and retail sales later in the evening for the AUD... this news should give this pair a nice move one way or another. Long or short? Someone is going to make some nice pips.
AUD/USD
- thadakman replied Sep 28, 2009
Speaking of volitility, the price action was crazy yesterday during the Asian session; I never seen it like that on a Sunday... the EUR/GBP shooting up 100 pips then back down.. the USD/JPY dropping like a rock and then bouncing back, etc...
AUD/USD
- thadakman replied Sep 28, 2009
Should get an 0.8680 test if it can lose 0.8700... DOWs starting to go sell off a little, which may lead a descent in AUD.
AUD/USD
- thadakman replied Sep 28, 2009
That's the worst thing that can happen, when you start second guessing your plan and strategy b/c of what other people are saying (both professionals who write articles and offer analsysis for a living and just amateurs hanging around the forums)... ...
AUD/USD
- thadakman replied Sep 28, 2009
Okay, I didn't think the daily candle looked bearish at all either; was just curious if I was missing something... As far as the meltdown goes, it'll come, I'd like to say when people least expect it; though, I think there are a decent number of ...
AUD/USD
- thadakman replied Sep 28, 2009
Yeah, I'll look for 50-100 pips on this entry... I do not mind a break out to the topside though, as I'll be able to profit more on this trade overall... I always start with small positions and then scale in, so I usually make more if the move goes ...
AUD/USD
- thadakman replied Sep 28, 2009
If this pair does not happen to break to new highs, we have a nice head and shoulder patter on the 4 hour chart; 2 very high shoulders, but the pattern would still be there (although, it looks more like a triple top)! Going with the head and ...
AUD/USD
- thadakman replied Sep 28, 2009
I'm looking to short AUD if we get an inital spike higher; that way it'll at least limit my risk if it keeps running... at the same time; my general bias is that this pair is due for a nice correction, so I plan to hold a little longer if need be ...
AUD/USD
- thadakman replied Sep 28, 2009
Very likely; could get a nice pullback to 0.8700 at least by the Asian or Euro session tonight. Just have to see what the Dow does tuesday and wednesday in order to bring this to new highs or sink it.
AUD/USD
- thadakman replied Sep 28, 2009
I have a feeling this pair will hit all new highs above 0.8800, maybe even 0.8900 (along with Dow around 10,000) just to cause one final blow to the shorts, at which point, it'll finally roll over for a true correction... hang in there guys, I'm ...
AUD/USD
- thadakman replied Sep 28, 2009
Sweet, just got filled on my 0.8730 short; the level I was hoping to get back in late last week... ready to add more, especially on a possible 0.8800 break.
AUD/USD