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shahab8b replied Nov 20, 2009what I see is 1,61 projection of A wave from B , which now is completed in C. I wont follow this down, I think this huge move needs an upside correction now. but the price needs to clear Support turns Resistance at .9135 first, As fas as .9135 holds ...
AUD/USD
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shahab8b replied Nov 20, 2009Hi Puks,I went to bed and I didnt read your last post about taking loss on your Shorts, it seems you took profit on them. but remeber you niether did use the snowball theory of ben (that's what I thought is your plan) nor my suggestion of having a ...
AUD/USD
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shahab8b replied Nov 19, 2009Hi, did you get a heart attack or not
, I remember your stop loss was at .9140 ,if you didnt move it when it went down
. but it was close, do remebemr I said it was not a good level for Long? now the picture is getting more clear, but as ...AUD/USD
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shahab8b replied Nov 19, 2009Hi Franco, the correlation between Gold and AUDUSD was 0.94 in Oct, (1 means perfect correlation) I enclosed a report which you can see different currency pair correlation and Gold ,Oil and others. look at page 3, BTW ,this report has been posted by ...
AUD/USD
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shahab8b replied Nov 19, 2009for those who like to trade Gold, Here is the reason for shorting Gold, I think we have B wave as .61 retracement of A wave, if the count is correct then we will see a ABC correction with C wave ending at 1,112 ,as 100% projection of A wave from B ...
AUD/USD
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shahab8b replied Nov 19, 2009I still have my 2nd Long position open from .9160 , I think the Resistance at .9200-.9225 should hold for now. but I'm not convineced to short at this level ,
AUD/USD
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shahab8b replied Nov 19, 2009Agree, if you notice I posted here, the Trend is still bullish in daily chart, I just highlighted the RRR wise aspect of the trade.
AUD/USD
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shahab8b replied Nov 19, 2009I dont do that, There is a Support turns resistance at .92100 , the 5 min charts shows an ending diagonal (rising wedge) pattern which is bearish in very short trem, the better Risk to Reward Ratio, is Sell at .9190, agianst .92100 with a 20 pips SL ...
AUD/USD
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shahab8b replied Nov 19, 2009I closed my one of my long positions from .9160 at .9188 (+28) for the 2nd position SL moved to B/E at .9160. there were very short term trades, I still have the bearish bias as long as Resistance at .9200 holds
AUD/USD
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shahab8b replied Nov 19, 2009Hey Leche Mocha, that's why I share my trade calls here, to make others wealthy with that crystal skull

AUD/USD
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shahab8b replied Nov 19, 2009Here are the levels to watch Mid-term is bullish agianst .89 Short-term is bearish agianst .9333 Intraday is bearish agianst .9200 if any of these levels broken, the bais will change
AUD/USD
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shahab8b replied Nov 19, 2009I took profit on my 2nd short from .9260 (+100 pips), I took 2 long positions from .9160 ,With 3 Pending Sell Stop Order below .9130 as my Hedge , I think the ABC correction move that I mentioned earlier is done now, however, I'm very skeptical for ...
AUD/USD
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shahab8b replied Nov 19, 2009Hi ben10, it was a clear cut +90 pips, I had two short positions, I took profit on one, and SL>B/E for the latter, see what will happen.
AUD/USD
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shahab8b replied Nov 18, 2009I see an ABC move in play from .9410, where the C wave end up at .9168 C wave will be 100% projection of A wave from B, I put SL above .930, TP near .9170
AUD/USD
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shahab8b replied Nov 18, 2009Good to hear that you made nice profit shorting Gold, the funny thing is that I still have my Long position from 1,104 open, and every 4hr I moved my SL to a new Support and it never broke it, It might do it this time, but no problem I locked in ...
AUD/USD