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MarcVUM replied Mar 30, 2010Pull up a daily chart and load in a 5 sma. Notice how it rarely goes a day without touching it. You should be safe to about 9110.
AUD/USD
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MarcVUM replied Mar 30, 2010George, see how the 9am est candle on the 15min signaled the reversal. That kind of action always takes place on this pair.
AUD/USD
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MarcVUM replied Mar 30, 2010OvT, how are you today? Just back to the computer to see the beginning of this wonderful drop! Glad I placed a short earlier! Cheers
AUD/USD
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MarcVUM replied Mar 30, 2010Mind-boggling. I haven't seen anything like this since the fall of 2009. Let's see what London does for us.
AUD/USD
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MarcVUM replied Mar 29, 2010Amyc, have you re-evaluated at this point? If so, do you have a new TP? My H4 is extremely overextended. I am still positive that there will be a retracement... however it might not come until the daily TL is hit. The retracement will probably bring ...
AUD/USD
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MarcVUM replied Mar 29, 2010George, did you hold onto your shorts? Looks like my H4 is finally giving me what I've been expecting all day! It's all about the Timing!

AUD/USD
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MarcVUM replied Mar 29, 2010IMO, I've been waiting since 3am est to short A/U. H4 is almost to the point of giving me the go ahead. Could be any moment from now or within a couple of hours. I'm twitching with anticipation!

AUD/USD
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MarcVUM replied Mar 29, 2010Ok, so with your S/R and the weekly R at 9157 we should be set for a retracement with such an extended lift to the upside. I see it coming on my H4 but I can't predict the timing. I think it will happen within the next 8 hours but it may be 10 hours ...
AUD/USD
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MarcVUM replied Mar 29, 2010
Saxon, you didn't miss much today. Question, do you see a reversal coming with your indicators?AUD/USD
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MarcVUM replied Mar 29, 2010I guess this is a great way for the market makers to clear the board! Like this 15min candle Anyways! Oh what a day! A Lost Day of Time!
AUD/USD
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MarcVUM replied Mar 29, 2010My H4 candle closed. One concern... she is lifting her top (upper BB). Hopefully she puts it back down, I've seen enough of that!
AUD/USD
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MarcVUM replied Mar 29, 2010Like I said earlier... I call them long wickie dickie's
...they are typical of a reversal in my experience.AUD/USD
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MarcVUM replied Mar 29, 2010
I think the bears will be alright! My H4 candle doesn't close for another 50 minutes but is shaping up quite nicely. I really am not concerned of whether or not it is going to drop. It will. My timing is just off a little.AUD/USD
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MarcVUM replied Mar 29, 2010She broke R, tested and failed. Developing bear candle on H1. We shall see!
AUD/USD
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MarcVUM replied Mar 29, 2010
I don't think you lost. Fib Retracement shows 50% at 9084. I still think we see it.AUD/USD