AndrewUknown pointed out an ABCD formation in the comment section my $AUDUSD post few days ago. Now the bearish rising wedge might potentially be invalidated, well, it is too early to make the call now, if the bearish wedge failed to realize, we might see 0.9350. I thought I will post the chart here in […]
AUDUSD
Chart of the moment: $AUDUSD 06 September 2010
This is a beautiful chart. This is $AUDUSD. This chart might not mean anything to you. Or is it trying to tell you something?
Chart of the moment: $AUDUSD 10 August 2010
Here is another interesting chart that pops up on my screen this morning. Is AUDUSD falling off the cliff now? Hmm…. Here is the daily chart, have a look at shorter time frame for your ‘insight’. 🙂 Here is the…. CHART!
Trade of the day 30 June 2010: $AUDUSD Long
Hello from Jakarta, Indonesia. I will be trading from here for the next couple of weeks. All right, back to business. I was looking at AUDUSD to rebound from 85 level. It did, however, it did not meet my final profit target, and, hell, I made an unusual panic exit today. Not impressed by myself. […]
Trade of the day 09-June-2010: $AUDUSD Long
I like the way bears got rejected around 0.8210 area, which formed a nice short term support. I went Long $AUDUSD. 2 Profit targets were achieved, and I thought it would be wise to take some money off the table in front of 83 cents. Last portion of position is still trailing the market. Here […]
Trade of the day 08-June-2010: $AUDUSD Short
I shorted Euro and Aussie dollar again today. Both worked out nicely. Here is the $AUDUSD short trade. I liked the rejection of 82 cents, and the struggle of the price action around yesterday’s high. It was a pretty obvious short to me. 2 profit targets were taken, and last portion is trailing. Here is […]
