I guess my bearish flag is in play now.

AUD/USD

well looking at the past forecasted numbers that are positive have the potential to be bad and vice versa. So I wouldn't be expecting an overall good number. Think I'm going short with a SL above support turned resistance for now. Target will be ...

AUD/USD

Is it me or is there a bearish flag on the 1 hr chart, I would like to play the setup but the chances of getting slipped after the employment data is high. Thoughts?

AUD/USD

With the slate of AU data over the next few days I wouldn't rule out 1.06 as a target for the end of the week. However I think at London open we will have one last retracement move before we start heading for 1.05 tonight in the US session. As the ...

Aussie Trading Room and Cartoons Gallery

looks like before as there was a descending triangle forming and I guess a lot of stops are being hit now. Next question is how low will it go or consolidate until NFP Anyways target almost hit and I will be a sideline watcher tonight

Aussie Trading Room and Cartoons Gallery

I'm of the same opinion but I am wondering when exactly will we hit 1.0360, before or after NFP As we have already passed the 78% retracement and ideally the 127% is up next. That's my take anyway and I am short here

Aussie Trading Room and Cartoons Gallery

Just to clarify, I think everyone is being subjected to the trading phenomenon known as buy the rumour sell the fact. It had a tough time trying to overcome 90 so I think we might be installed for a deeper retracement before another assault on 90 ...

USD/JPY Discussion

Thanks DB, I think we maybe installed for a bit more short term pain until the bulls can find a new launching pad. I also have a funny feeling that tonight might prove something useful for the AU bulls. But that is my perspective anyways. Happy ...

Aussie Trading Room and Cartoons Gallery

Hi DB, I was just wondering do you have some insight or inner knowledge into some fundamentals that I'm missing. The point I bring up is that you said the AU would be 1.10 by the end of this year. I can't see that happening unless either China step ...

Aussie Trading Room and Cartoons Gallery

Hi DB, I would like to weigh in here. I believe there may be only 1 more move down to possibly 1.0315 as the "big boys" are wanting to target stops at the 1.0320 level. However from that point I imagine the pair to consolidate around the 1.0330-80 ...

Aussie Trading Room and Cartoons Gallery

Daddybear, some insight from you would be nice as I am confused at the moment about the price action. I want to say bear but everything is pointing to a bull run... 1.0496 is a key level that I'm watching at the moment, if it gets tested or not ...

Aussie Trading Room and Cartoons Gallery

PA might be confused until we get to London? I see that the 1hr chart has formed a bearish trendline and it has broken the bearish flag pattern trendline on the M15. But is it going to follow the EU higher or not that is my question. Would like to ...

Aussie Trading Room and Cartoons Gallery

I said like a couple of hours ago that 1.0560 was a key level that if broken would turn bearish. Bagged myself 40 pips on the way down and I'm out for the week. It is too hard to see if the AU would pop back up or keep heading down at this stage. ...

Aussie Trading Room and Cartoons Gallery

1.0560 seems to be the bulls last stand Just wondering now how long can it hold up as I will turn bearish on a break of this level down to 1.05 possibly by today's end? That's what I'm seeing at the moment. Thoughts appreciated guys

Aussie Trading Room and Cartoons Gallery

I think the Aussie will make up it's mind come tomorrow with all the fundies scheduled, until then expect a tight range between 1.05 and 1.06. No bias at the moment although it is to the bulls as the RBA is not expected to cut rates anytime soon ...

Aussie Trading Room and Cartoons Gallery

Is it me or has there been a couple of opportunities at the 100 pips. Starting on Monday during the Asian then on Tuesday at London open through to close and now today?? Would like people's thoughts especially Greg if your out there. Its been a ...

My GBPJPY trade journal

For some reason I have this feeling that the Aussie Bull is going to have 1 more try within a couple of hours as the EURAUD short squeeze has finished and possibly reverses sending the AU up. Those are my thoughts anyway and I will be closing my ...

Aussie Trading Room and Cartoons Gallery

Hi Petehnm, I do feel that we can test 1.0610 tonight but it might be a slow grind. I have a long with that target and will see what happens. Seems as though the Aussie is not following the Eur atm Also there is talk of a large barrier at 1.06xx ...

Aussie Trading Room and Cartoons Gallery

Thanks DB, I was lucky enough to catch some of the move but got out too early as it seems but oh well the name of the game is green pips and profit, I think I'll sit on the sidelines until everything mulls over for now. Although a few scalps here ...

Aussie Trading Room and Cartoons Gallery

Bullish — Hi DaddyBear, First off nice thread you have for expressing ideas and thoughts rather than levels. I would like to weigh in by saying that I think the Aussie will be bullish in the near term (up to New York open) where it will make ...

Aussie Trading Room and Cartoons Gallery