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- lasty replied May 16, 2011
Today RBA which may give those nervous longs respite. I still think the danger sign is down still. I would look to be selling into any up ticks above 1.0600 and adding to them every 30 pips towards 1.07 Initial Target for me is 1.0300.. So there is ...
AUDUSD for informed traders
- lasty replied May 15, 2011
AUD/USD remaining weak.. Seeing Asian CCy's weaken which will take pressure off ACB's to buy AUD. Testing a minor sup 1.0530 but have the bigger support at 1.0460-70 Resistance is now 1.0610-30. Still it appears frustrated bulls buying these dips. ...
AUDUSD for informed traders
- lasty replied May 12, 2011
Morning all.. Target at 1.0560 first objective met.. 1.0710 shud cap and would look to sell into strength there.. suggest SL above 1.0740 and reset short at 1.0775-85 level Downside support shud be ard 1.0590-10 zone clear break of 1.0550-60 spells ...
AUDUSD for informed traders
- lasty replied May 12, 2011
The Aussie was under pressure from the get go.. a good number would have presented better levels to sell it.. USD gaining strength across the board. Problem lies with China.. Less tightening means slowdown.. That was warning yesterday.. RBA will be ...
AUDUSD for informed traders
- lasty replied May 11, 2011
I hope you dont toss and turn in bed like your AUD possie's..

AUDUSD for informed traders
- lasty replied May 11, 2011
I think even if it was a good number AUD would have struggled. Next target 1.0560 then 1.0480-00
AUDUSD for informed traders
- lasty replied May 11, 2011
Choppy.. but a level like 1.5000 historical low .. psych point... worth a punt.. just reduce the trade size and

AUDUSD for informed traders
- lasty replied May 11, 2011
Yes will place order to sell near mild resistance at 1.0740 on a lucky bounce as well and again at 1.0780-00
The real winner was GBP/AUD Im kicking myself for not getting on that one in the low 1.50'sAUDUSD for informed traders
- lasty replied May 11, 2011
I have a couple of tech heads that I know who came up with a similar level.. Its always good to have a couple who dont know each others work
Dont ask me how they came to it.. Cos they are both crackers but good at drawing lines..
AUDUSD for informed traders
- lasty replied May 11, 2011
Plan of attack today.. 1.0900 held .. was a big level IMO Im looking to sell towards the 1.0740 area first up and hopefully we get a suckers rally after unemployment numbers.. 1.0780-00 should contain. Initial support 1.0620 then 1.0560 my target ...
AUDUSD for informed traders
- lasty replied May 11, 2011
Yes I think AUD is nearing a top on several crosses.. GBP/AUD 1.5000 Psych level.. AUD/NZD nearing highs at 1.3750 Against USD Selling at 1.0900 AUD/USD break 1.0920 trigger reignites up trend. Seen Budget and China numbers.. nothing to get excited ...
EUR/AUD
- lasty replied May 11, 2011
Im bearish AUD under 1.0900-20 area whilst overall trend still remains up. 1.0810 initally shud support a down move then 1.0750 1.0880-00 shud contain up Im also seeing historical lows on GBP/AUD as it approaches 1.5000 Sure to be buyers there first ...
AUDUSD for informed traders
- lasty replied May 11, 2011
Yes the overall picture is Aussie in an uptrend. To me we are in a consolidating phase - a breather- and we have been churning around between 1.06 -1.09.. I am aware that a break of 1.0930 cud spark a renewed rally.. but equally a H&S pattern is ...
AUDUSD for informed traders
- lasty replied May 10, 2011
No.. Im a seller.. sorry for the confusing words... jumped in.... I think its one of those days where we can be both right and wrong .. Happy Tradings
AUDUSD for informed traders
- lasty replied May 10, 2011
I still think we are in a consolidation mode within an uptrend.. Only if we take out 1.0900/30 area convincingly will negate a possible head and shoulders formation on the downside. I was aiming for 1.0880-00 area today on China numbers- sold off so ...
AUDUSD for informed traders
- lasty replied May 10, 2011
Ive sold small on a real nothing but consolidational play with SL above 1.0930.. China numbers and Budget do nothing favourable for AUD.. 1st sup 1.0840 next 1.0810 1.0770* My target .. Cheers
AUDUSD for informed traders
- lasty replied May 10, 2011
[quote=evelee8;4608547]event to watch for: China CPI. If it is less than 5% - Aussie will rise. If it is greater than expectation - then Aussie will fall as China will alert the whole world on more tighten policy. Yes I find this reasoning which the ...
AUDUSD for informed traders
- lasty replied May 10, 2011
Yes trend is intact... I dont see it as vibrant as previously.. Consolidation at the moment... watch for fake outs.. range play IMO
AUDUSD for informed traders