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    • Ill-b-back replied Nov 21, 2011

      Hi guys, the GU has the 200ema of every significant timeframe above it from the 15 min to the monthly. It retested the 4 hourly 200ema on Friday after crashing south through the daily 200ema. Yesterday it broke and closed convincingly south through ...

      AUD/USD
    • Ill-b-back replied Nov 21, 2011

      I can scarcely remember a time since 2008 when there have been more bearish forces working against any pair ending in USD. Nothing is working in Europe, the subcommittee has nothing, Gold and Silver are rolling down, dollar index forming a bullish ...

      AUD/USD
    • Ill-b-back replied Nov 21, 2011

      Actually, stuff it, I lowered my SL to 5610. I don't have a lot of counter trend trade experience, and win or lose, I probably won't do it again unless I see obvious MACD divergence on at least the 15 min chart after a trend line break. Decent ...

      Cable Update (GBPUSD)
    • Ill-b-back replied Nov 21, 2011

      Yep, I agree, I have found it a bit soft, but hey, maybe they are worried that if everyone put in the same SL people may go fishing. My SL is below the 61.8 retrace of the up move that broke my 15min trendline, so it is small, but a logical place in ...

      Cable Update (GBPUSD)
    • Ill-b-back replied Nov 21, 2011

      I really wouldn't think of buying off the bottom trendline, we are breaking lower after minimal retrace. If you are in a bullish frame of mind, why not at least wait for a break of the 15 minute trendline and target the upper trendline from there.

      AUD/USD