Just a quick note and chart about $AUDUSD. For short term trading, potentially, I am interested in going short if the level around 1.0685/1.0670 is broken.
Let’s see how it goes.
Here is the …..CHART!!
Just a quick note and chart about $AUDUSD. For short term trading, potentially, I am interested in going short if the level around 1.0685/1.0670 is broken.
Let’s see how it goes.
Here is the …..CHART!!
[tab:Setup]
I was scalping some shorts at the end of U.S session, and decided to scrapped the trade with over 10 pips profit. It looks to me, cable might be preparing for another up leg. Well, it might be too early to make the call, I would prefer to stay away from any shorting idea for now.
Let’s see how it goes.
Here is the …… CHART!!!
[tab:Update 08 Feb 2012]
Cable broke out from the flag yesterday, and now I am looking at potential long opportunity at the pull back to the range of 1.5830/1.5860 with target around 1.6050.
Here is the… CHART!!
Here is the cable chart to update my last post. $GBPUSD forced through the resistance level, pulled back, and headed higher. It reacted at the problematic level, and the next Long target will be around 1.6040 if it decided to go further.
Let’s see how it goes.
Here is the …. CHART!
by Gav 2 Comments
Here is the chart of cable with the levels I am watching. For the time being, I am looking at potential short near the level.
I see two possible scenarios for $AUDUSD. I like the fact that it broke through the resistance yesterday, potentially complete the ABCD movement. However, looking at the daily chart, the latest candle/pin bar (if it means anything to you at all!) looks a little bearish now.
Let’s see how it goes.
Here is the ….. CHART!!
I was looking at Dollar index ahead of Friday’s NFP. Are we looking at another leg up?
Here is the …. CHART!!