AUD 02 (Feb 12 - Dec 20)

Re: AUD 02 (Feb 12 - Dec 12)

Postby kennynah » Thu Mar 15, 2012 9:02 am

ok thanks...i looked at jefferies...saw triple bottom
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Re: AUD 02 (Feb 12 - Dec 12)

Postby iam802 » Thu Mar 15, 2012 10:14 am

kennynah wrote:i am thinking of going LONG now at about 1.04


What's your target?

My chart shows USD/AUD in the middle of nowhere, in between support/resistance levels.



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1. Always wait for the setup. NO SETUP; NO TRADE

2. The trend will END but I don't know WHEN.

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Re: AUD 02 (Feb 12 - Dec 12)

Postby kennynah » Thu Mar 15, 2012 8:23 pm

my target is 1.08 8-), if it ever reaches there...
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Re: AUD 02 (Feb 12 - Dec 12)

Postby kennynah » Fri Mar 16, 2012 6:53 pm

clearly, 1.055 is an immediate hurdle
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Re: AUD 02 (Feb 12 - Dec 12)

Postby iam802 » Mon Mar 19, 2012 9:16 pm

Waiting to go long...but let it break first..
1. Always wait for the setup. NO SETUP; NO TRADE

2. The trend will END but I don't know WHEN.

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Re: AUD 02 (Feb 12 - Dec 12)

Postby kennynah » Mon Mar 19, 2012 10:06 pm

Yeah, 1.06 is the resistance here
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Re: AUD 02 (Feb 12 - Dec 12)

Postby kennynah » Tue Mar 20, 2012 5:12 am

after some peeks at the chart... i decided to take profits and change my direction... so now small small SHORT position at 1.061 region...just to stay engaged and with a virgin tight stop.. 8-)
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Re: AUD 02 (Feb 12 - Dec 12)

Postby kennynah » Tue Mar 20, 2012 8:57 am

it appears my Short will be screwed :cry:


23:00 gmt 19/3
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Conference Board Australia Leading Index (Jan) 1.1% actual -0.3% prior Revised from 0.2%
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Re: AUD 02 (Feb 12 - Dec 12)

Postby kennynah » Tue Mar 20, 2012 9:45 pm

i have a trendline support level at ~ 1.046

watching it closely for any possible bounce or if it will crash below...
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Re: AUD 02 (Feb 12 - Dec 12)

Postby iam802 » Tue Mar 20, 2012 10:02 pm

Mine says 1.054 and 1.0436
1. Always wait for the setup. NO SETUP; NO TRADE

2. The trend will END but I don't know WHEN.

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