Probably 7630-7650 will serve as support........ will buy the dip if it gets there.

AUD/USD

I have 2 targets at around 7750 and 7780 from previous smaller TF charts not hit on earlier up moves. Bulls may want to complete these 2 targets and given that those levels are very close to 78xx.......... the pair may not go too far below, 78xx may ...

AUD/USD

I have 78xx as a key level on my charts. In my opinion it is always better to long at support and short at resistance, instead of vice versa. So 78xx is certainly a better place to put shorts than now. This level is from one of my higher TF charts, ...

AUD/USD

Maybe, market can always surprise. Personally i will prefer to buy dips towards 78xx. Currently looking at the lower TF and seems like it wants to get back to 7680. Took a long at 7641, SL at 7615 Update: Trade closed at 7686

AUD/USD

I think the actual support is around 7550 -7580, it just happen to swing around that level on the previous dip. Can't say for sure if it will retest that level again, but i believe the support will hold before getting 78xx.

AUD/USD

Let's just wait for 7850.....if it gets there then i will be selling too. May take some time for this to grind up and after which the USD bulls will be back.

AUD/USD

I think the bears who shorted GU support at around 1.41 are going to get the same treatment....... took a quick glance and it looks like the 1.455 target is still intact.

AUD/USD

The numbers aren't intraday targets. My system isn't heavily backtested, so the numbers may not be accurate. I'm prepared for the pair to do a 78xx or even a 79xx print which may be what the bears need to drive it down.

AUD/USD

What's your target for this short?

Cable Update (GBPUSD)

Looks increasing likely that AU is going to peak out around 7850 - 8000. Think the big bears will be very happy to see the pair hit that region. I think there is a target locked in around 7250......... let's see if we get there after topping out ...

AUD/USD

I don't think it is common to have over 1000pips draw down on just 2 trades (probably -1300 as we speak). These are obviously trades that went terribly wrong.

Just Another A/U Thread...

This is obviously a different account without your blown up trades of -1000 pips. Why post a different account? Anyway it is your choice to post so i rest my case.

Just Another A/U Thread...

I honestly don't know where you get the mentioned 43% gain this year from when you are down over 1000 pips on just 2 trades alone since february. Anyone who calls that good MM must be mad.

Just Another A/U Thread...

How did you make 73% or 47% this year when you have been shorting AU at 0.7020 and 0.7033 since February? You also said you shorted at 0.7490..... i haven't seen you post a single long or even mid term profitable trade. All trades written in your ...

Just Another A/U Thread...

So what happened to your 0.7020 AU short? You closed it for -600 pips or still holding?

Just Another A/U Thread...

Closed shorts..... not working as expected. Not gonna look for long term shorts until at least 7850.

AUD/USD

That's just a short term short, i have the stop set at 7645. Looking at around 7500 to close it. I hope it works out well. I won't be surprise if this pair grinds up all the the way to above 7850 over next few weeks.

AUD/USD

Trying a short from here at 7598...... don't think this is ready to move up yet. Trade off if it hits 7630 Edit: Trade closed 7596......... not sure if this will hit 7620, not gonna risk Re-shorted at 7616

AUD/USD

I think you will get your high 74s fills. Does look like it wants to do at least one more test of 7500 and below. Not sure if AU is actually that bullish, will prefer to say its neutral for the mid term. It now looks increasingly likely that it may ...

AUD/USD

There have been occasions when the support got tested 5 or 6 times. When it holds after numerous test, the bounce is normally very large. This region from 7500 - 7550 is a key support level. I always avoid shorting at support and buying at ...

AUD/USD