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- edindzeko replied Sep 4, 2013
i saw John Kerry mention "boots on the ground". On my phone or id link article. Really sounded like an "invasion"
AUD/USD
- edindzeko replied Sep 4, 2013
USA is going to war! Senate panel OKs military response in Syria; full Senate to vote next week. http://on.cnn.com/15DeWn8
AUD/USD
- edindzeko replied Sep 4, 2013
Wave 3 is fizzling but lets see what happens in 2 hours with USD Beige Book Either that gives us enough juice to get through 92 or we start your wave 4 down. Next 12-24 hours I am watching for wave down for sure
AUD/USD
- edindzeko replied Sep 4, 2013
Kinda sarcastic. I see everyone chirping about being short Geppy because of that trendline, and thats why it blew right through. Upward ascending triangle on this pair too, that channel looks invalidated. **IF** I wanted to get short on that pair ...
AUD/USD
- edindzeko replied Sep 4, 2013
Things could change... all the shorts pile in and we press higher!
AUD/USD
- edindzeko replied Sep 4, 2013
Yeah, everyone and their mother are short on Geppy right now...and it presses higher...
AUD/USD
- edindzeko replied Sep 4, 2013
Agree with the wave count but that is some foresight on the butterfly developing. Do you do that all manually or anything to assist?
AUD/USD
- edindzeko replied Sep 4, 2013
US Trade Balance (Jul) in at -$39.1B versus -$38.6 expected and -$34.5B prior (revised lower). This will reduce Q3 GDP estimate by ~0.1%.
AUD/USD
- edindzeko replied Sep 4, 2013
CAD is an interesting pair these days especially USDCAD. Lower high on the daily similar to higher low on AUDUSD but not the same momentum... seems like the downtrend on commodity currencies has at least slowed, now watching for a reversal.
AUD/USD
- edindzeko replied Sep 4, 2013
I see momentum as slowing downwards. Upwards momentum not until we break the inverse H/S neckline. I'm holding long from .9130 right now with a stop above BE. See what US session holds. I think we will be due for a leg down at some point, maybe ...
AUD/USD
- edindzeko replied Sep 4, 2013
Looks like the bull run is going to run out of steam in the next 2 hours, getting my short ready, target 0.90.
AUD/USD
- edindzeko replied Sep 3, 2013
Short back to 99.00 seems like the easier trade to me right now
USD/JPY Discussion