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ozpips commented Sep 16, 2012The daily chart shows a 5-0 pattern in the making
EUR/USD Clearing 1.30 and now 1.31; Eyes 1.3270
- ozpips commented Sep 12, 2012
This is quite a rally based on rumor so sell the fact when it occurs I say.
Fed Seen Starting QE3 While Extending Rate Pledge to 2015
- ozpips commented Jul 1, 2012
This things going up buddy at least a few hundred pips more from Friday's close. Take a look at the pattern on the weekly, Butterfly, AB=CD it screams buy me....fade ok for scalpers nobody else.
17 reasons to fade the eu summit euphoria rally
- ozpips replied Jun 29, 2012
What a move today never saw that coming. Here is my road map for the rest of the day. Bounce off all the lines that present.... have a nice weekend all....
AUD/USD
- ozpips replied Jun 28, 2012
Yeah possibly daddybear except the TL needs to be broken to be sure
AUD/USD
- ozpips replied Jun 28, 2012
Yep that number is also the 1.618 fib extension of the 65 pip impulse leg on the 5 min from London earlier on.
AUD/USD
- ozpips replied Jun 28, 2012
it did bounce about 12 pips. I expect another bounce around 1.0025 which represents the 50% of the may-june leg...I'm only entertaining small scalps tonight is all.
AUD/USD
- ozpips replied Jun 28, 2012
so what do we fancy today gentlemen an up, down or sideways day? Price is presently retraced 50% of the up leg on an hourly so a bounce here would not surprise
AUD/USD
- ozpips replied Jun 27, 2012
Hi all, anyone fancy buying the home sale news ? Around 1.0060 the bottom of the 5 min trend line if it punches down there the TL and 61 fib should provide some support.
AUD/USD
- ozpips replied Jun 26, 2012
Yeah it didn't come, I was looking at an upside down H&S on the 1H and price was peppering away at the neck line, but the bad figures undid the whole move and it fell away. Oh well it looks to me range bound now for a while.
AUD/USD
- ozpips replied Jun 26, 2012
I can feel a break out to the upside coming real soon. TGT 1.0130
AUD/USD
- ozpips replied Jun 24, 2012
This is my 4H chart of AU respecting the lines. I think price will stay in a small range bound consolidation in the next 8-12 hours till it breaks the wedge. I favor a break to the upside beyond that possibly retesting the upper middle trend line. ...
AUD/USD
- ozpips replied Jun 23, 2012
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AUD/USD
- ozpips replied Jun 3, 2012
I don't like to predict long term but AU market has completed a Butterfly. Could be 500 pips to upside next move. Pattern has nice fib confluence on all legs.
AUD/USD
- ozpips replied May 26, 2012
Well those two statements are a contradiction in themselves. While they might both sound correct on their own accord, statement 2 is doing exactly what statement 1 is saying not to do. When your timing a 1 min entry your actually picking a cycle top ...
AUD/USD
- ozpips commented May 23, 2012
Technicals will ensure a bounce off 9600 but with a potential deeper bottom it would be wise to exit where the first rally comes to an end. Goodluck rankinchopra
Greece: The upside of default
- ozpips commented Mar 31, 2012
Euro fall can only happen on new fear and in short bursts. Every man and his dog want to short euro so it must go up in between.
Roubini: Euro Must Come Down to Dollar’s Level