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- blurbear replied Mar 26, 2010
Me a bear, bear trades from short side
. That perhaps is also possible with a tight stop. But I think the crucial support is being worn down slowly. I rather not pick bottom so close to it especially as we have been knocking on it a few times ...AUD/USD
- blurbear replied Mar 26, 2010
No harm trying. with a stop at 9140 risk 35 pips against potential rewards to 9020s

AUD/USD
- blurbear replied Mar 25, 2010
Place one batch short sell at 9115, another one at 9130 again.
AUD/USD
- blurbear replied Mar 25, 2010
Good to be wary. Anyway, so long we do not break above 9118-20 and again at 9135-40, I tink it is safe to be a bear. I am cxlling my stop and just watching it now. See how high this bounce is before it exhausts itself. All I see is lower highs and ...
AUD/USD
- blurbear replied Mar 25, 2010
Good day. I would have been happier if we had close 9040s last night LOL. It is still not too late to close this under 9040s today. Then we have another nice red fat candle on the weekly.
Now, I am still just sitting on a couple of batches of ...AUD/USD
- blurbear replied Mar 25, 2010
My feel, will test lower again. I putting protective stops just in case I am wrong. Opportunities aplenty as mkt will always be there after we are long gone

AUD/USD
- blurbear replied Mar 25, 2010
I am lowering my stop to 9115. I was asleep also until my broker called me.
AUD/USD
- blurbear replied Mar 25, 2010
Whoa... finally broke the 9100

Bring on the 9060-70. That will make my day. 
AUD/USD
- blurbear replied Mar 25, 2010
I am giving up watching this. Putting a protective stop at 9140 and go do something else. Downside just leave it open for today. Will check in again just before NY close. Good luck guys.

AUD/USD
- blurbear replied Mar 25, 2010
Well said. Yea, I am concerned that I am overly bearish. So just tempering it by reducing exposure since the patterns looks obvious and yet not breaking down as I anticipated as yet. I am still bearing in mind the bigger picture of this being wave 4 ...
AUD/USD
- blurbear replied Mar 25, 2010
Yes, I am just keeping a small exposure open at the moment. Waiting till it settles down and show a clearer direction. Too choppy for my liking also at the moment although it looks like a bear flag waiting to be broken down.
AUD/USD
- blurbear replied Mar 25, 2010
I am tempted too. Will close some batches, reduce exposure. This mkt @#$% at the mom. P.S. Reduced half at 9112. Keep half pos open , still sticking to my view.
AUD/USD
- blurbear replied Mar 25, 2010
Ovt, yea. really confusing. Anyway, I will stick to my pos first and just watch.
AUD/USD
- blurbear replied Mar 25, 2010
Good so far. Now just sold a few batches of oz up to 9130. Shd test and break the lows soon. Getting more bearish each passing day. Yesterday's floating targets still applies. Currently, needs to break below 9100 to see test of the lows. Yourself?
AUD/USD
- blurbear replied Mar 25, 2010
It swung down tested 9086 before heading higher again to test 9125-30 currently. Most of the sell orders dun. Back to see what else is happening elsewhere.
AUD/USD