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fammira replied Nov 19, 2009we saw pump and dump moves for too many sessions, USD is still too overbeaten, and though I don't expect anything big, a true bounce and some real profit taking in equities shall be seen ahead of the weekend
AUD/USD
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fammira replied Nov 18, 2009also remember that the medium daily range is around 150 pips 75 - 100 pips can be seen in low volatility days 200 - 225 pips can be seen in high volatility days, news or data release this range can be useful to catch both sides trade opportunity
AUD/USD
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fammira replied Nov 18, 2009not exactly both sides trading opportunity prevail, in the last weeks we saw pump and dump moves, in the last sessions the opposite seems to happen so try to visualize daily high and low, sell high and buy low for today (don't trade this is just my ...
AUD/USD
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fammira replied Nov 18, 2009don't sell low, try to sell higher if it goes down and your order is not filled, just wait, there are opportunities every day
AUD/USD
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fammira replied Nov 18, 2009it is more exposed to profit taking as it is the one that gained the most in these months, first support is seen in the 0,92 / 0,9180 area, and probably it will be tested today anyway look for the 0,9140 / 45 area to hold in order to keep the ...
AUD/USD
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fammira replied Nov 18, 2009as often I was early shorted between 1130 and 1135 where I saw a potential top, but look for tops is as hard as dangerous I will wait, don't want to increase as this is quite beasty and looks like one never knows...
AUD/USD
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fammira replied Nov 18, 2009the third leg of an upward movement is usually the strongest one, and probably a sell around 1150 might be safe for now we could see prices retracing in the 1130 - 35 area where the last strong rise started, then decide whether to test lower levels ...
AUD/USD
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fammira replied Nov 16, 2009no, they are often on the market to smooth excesses on both sides
AUD/USD
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fammira replied Nov 16, 2009I never use indicators, and I am sure RSI only just can't justify a trade as you properly underline. But I guess I remember gold touched a low of 1100 as a retracement just on Friday, so I expect this new rise to be a stop hunting episode, I would ...
AUD/USD
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fammira replied Nov 15, 2009yes, quite overbought, RSI reached 80 and is currently at 76. I have started to sell at 1030 and some at 1029. A rise with new high is possible, but I doubt we will see higher levels than 1135 with this RSI.
AUD/USD
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fammira replied Nov 15, 2009good call shahab8b I am now starting to sell gold (1130 - 35), do you also see a potential medium term top in this area?
AUD/USD
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fammira replied Nov 15, 2009hi gman keep stop below lows at 1,5960 or at entry according to your stretegy, I'd let it go but always cover yourself from losses just in case I am starting selling gold from 1130 and up to 1133 - 35 I guess AUD could weaken with a potential top in ...
AUD/USD
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fammira replied Nov 15, 2009of course we need to have a clear stretegy before going to action but my general idea of a required pullback does not mute, equities very stretched, gold super speculated, and comments on a too weak USD should boost some greenback recovery in that ...
AUD/USD
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fammira replied Nov 15, 2009also, EURAUD remains a buy the dip on my list 1,59 - 1,60 should be good to accumulate for a 400 - 500 pips rise
AUD/USD
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fammira replied Nov 15, 2009gold is still hard to touch here, but I would try to sell on strenght at 1130 - 35 same worth for AUDUSD in the 0,9370 - 0,9420 if we see new highs again, I see chances for a false break
AUD/USD
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fammira replied Nov 10, 2009just shorted a small lot at 0,9317 I don't like these data and working in China I am sure next month there will be a decrease in industrial production gold is also topping or may have a last shot before a strong retracement, fx high beta currencies ...
AUD/USD
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fammira replied Nov 10, 2009hello ben yes but chinese data usually move aud quite well
I am flat, wait to see what happens, market seeems stretched up to me, but could surprise to the upside againAUD/USD
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fammira replied Nov 10, 2009china industrial production out in ten minutes, market expects an increase, would not be surprised to see a small decrease, let us see what comes out
AUD/USD
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fammira replied Nov 9, 2009hi all! does anybody can provide and post an USDLFX daily charts with volumes? thanks
AUD/USD