Dont worry, you have company Wait for it...the fall will be heavy. I am targeting 0.77.

Nearly Naked (Simple Trades)

Just to clarify what the heck I was talking about earlier. image

Nearly Naked (Simple Trades)

Looks like Aussie is approaching those levels ...lets see what happens.

Nearly Naked (Simple Trades)

Thanks a lot for the detailed info ..really appreciate it.

Nearly Naked (Simple Trades)

Oh, I am not going to set up one anytime soon or something...just want to see/read how it is done. And yes, the plan is FX only. Thanks appreciate the help.

Nearly Naked (Simple Trades)

Hey Saxon, Do you have any resources one can look at if they want to set up their own HF? I just want to know the basics to see how it is done.

Nearly Naked (Simple Trades)

Btw, if any one is on UC, watch for test of 1.0400 ..i think it is going to bounce from around that area. Not sure when though - Asia is slow for Loonie usually.

Nearly Naked (Simple Trades)

confluence of fibs. 61.8 from 0.8550 to 0.8081 and the 61.8 of the big drop from 0.9848 to 0.6008. I am looking at 0.8450 also. Planning to short only then (though there are might be some bear movements before that)

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Yup, I closed a lot earlier on hitting 0.825. Still have one position running. I think next bear movement will happen around 0.8381 or 0.8449. Lets see.

Nearly Naked (Simple Trades)

Part of the reason why I loaded up longs from 0.8100 yesterday and today. I think this retracement would go on till 0.8381 (and 0.85 as you mentioned probably). Am just planning to trail stops till then.

Nearly Naked (Simple Trades)

I opened a small long position on GU. This is at the 161.8% of 1.4767-1.4551. I have a pending order lower around 1.433 as well. Lets see if it gets there. I am bullish on this pair if the swing low on weekly holds (1.4227). If that breaks, then I ...

Nearly Naked (Simple Trades)

I agree that it will go lower till around 0.72xx. This is assuming the weekly doesn't confirm 0.8065 as swing low. I feel if this bounce from 0.8095 might go till 0.8450 before dropping again.

Nearly Naked (Simple Trades)

It is the 161.8% extension for fibs from 0.8549 to 0.8274. I was looking at 0.8168 (138.2%) and 0.8106. It previously bounced off 161.8% as well (0.8065) for the fib drawn from 0.9404 to 0.8577.

Nearly Naked (Simple Trades)

I think it might retrace now. 0.8106 was my line in the sand. It might begin its retrace for a good 100-200 pips.

Nearly Naked (Simple Trades)

Thanks...I just decided to go as back as 2007. If the highs/lows are broken, then I can probably go back further.

Nearly Naked (Simple Trades)

How much back do you go? — Guys, When you analyze a weekly or daily chart, how far back do you go? (I am not talking about trading the daily or weekly here. Just for analysis sakes) Any help is appreciated. I am trying to clean up my charts a ...

Nearly Naked (Simple Trades)

Yeah, looks like it is going down. I am going to see PA at 0.8168 (or around 0.818). If it shows the bullish sign, then I would be long but not before Monday. Thanks for the feedback. I use fibs differently, that is why i started with a brief ...

Nearly Naked (Simple Trades)

Just a few thoughts on Aussie — I thought I will just put in words what I am looking at on Aussie. This is to just clarify what I am thinking. More importantly, I would like you guys to poke holes in it so that I can hopefully plug them and ...

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Thanks, I am not in any positions and so thought will post my take on Aussie. A few minutes then..

Nearly Naked (Simple Trades)

Hi Saxon, I wanted to share my analysis of Aussie here. Will that be okay. Thanks

Nearly Naked (Simple Trades)