- Search Metals Mine
- webart replied Oct 12, 2011
It's trying ... commercial will be out in force trying to grab our stops.
AUD/USD
- webart replied Oct 12, 2011
So I'de say the market is in balance (haha) at the moment around the 50 (was 40 yesterday) ... then when the employment figures come out it will go up or down ! But trying to trade it immediately is going to be chasing candles with big slippage as ...
AUD/USD
- webart replied Oct 12, 2011
Its as good as a triple top for me, I'm short 128 .. its got give some back .. hopefully at US market open. Tights stops above 40, it could rocket out of there.
AUD/USD
- webart replied Oct 12, 2011
It push it to 43 but the resistance line is upsloping, it is also now at 43.
AUD/USD
- webart replied Oct 12, 2011
If that is the case, then it must but overbought (atleast due to the outage), and the rest is more hot air hope.
AUD/USD
- webart replied Oct 12, 2011
Yuchen, hope you had nice dreams ! Yes you got run over too, but how could have seen that coming !
AUD/USD
- webart replied Oct 12, 2011
Nice to have the luxury of being tired of moving your stops up ! After a move like that I wouldn't know where it will go now. It certainly hasn't given much back after it completed its mission, so maybe it was more than hot air this time .. looking ...
AUD/USD
- webart replied Oct 12, 2011
Well if your bored you could click that Close button and then celebrate !
AUD/USD
- webart commented Oct 12, 2011
Just a chart drawn in retrospect .. this thing was more than technical.
AUD/USD hoovers up the 1.0055/65 offers
- webart commented Oct 12, 2011
What rate cut ? A rate cut would make it go down not up.
AUD/USD hoovers up the 1.0055/65 offers
- webart replied Oct 12, 2011
ALso in Australia too mate ! I think you took some of my money earlier today in your long ... spend it wisely
Target was just risk reward ratio .. normally I would look for a line as a target but with the size of this thing I'm just happy to grab ...AUD/USD
- webart replied Oct 12, 2011
Closed for 20 ... picking penny's infront of frieght train. Still don't know what the hell is going on to cause that stupid rise.
AUD/USD
- webart replied Oct 12, 2011
Surely I can have the 20 points from the breather atleast. But with the size of the candle, I'm only going B/E +10 on this thing.
AUD/USD
- webart replied Oct 12, 2011
Nah just a scalp trade, I won't be able to sleep at night with open positions in this market !
AUD/USD
- webart replied Oct 12, 2011
Nice trade, I'm envious ! I'll put a limit short up at 10140, it's a long term median from the rise over the last few week. Should be well repsected. Above that is another big line at 10172, which is from the fall a month back. EDIT Im in Short at 32
AUD/USD