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kevinchan replied Jan 5, 2011I don't know whats your target or stop, but EUR/AUD is a buy, so be careful. Good luck.
Sonic R. System
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kevinchan replied Jan 3, 2011AUD — No doubt, AUD is heavily over bought and a correction is due, which can happen due to any reason or no reason! A decisive break of 1.01 (not 1.0000 as earlier stated) should send the pair to 0.99!
Sonic R. System
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kevinchan replied Jan 3, 2011Re: AUD To me, a decisive break of 1.000 is needed, otherwise expecting 1.0350. Lets see how it plays out!
Sonic R. System
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kevinchan replied Dec 28, 2010I think it's human nature....since you are long EJ, GJ your eyes/mind are looking for long setups.
Sonic R. System
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kevinchan replied Dec 28, 2010I'm not sure if the volume studies are interpreted correctly, isn't that one should trade with the big dogs, than to think what their next move is? For instance, they were dumping (supported by volumes) and it was a good 100+ pips move, why not ...
Sonic R. System
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kevinchan replied Dec 28, 2010AUD: A decisive break of 1.000 is required to make the pair bearish (from current overbought level).
Sonic R. System
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kevinchan replied Dec 22, 2010AU — AU H4 & Daily studies attached. Next 4 to 8 hours should give a little clearer direction(?)
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kevinchan replied Dec 22, 2010GU — GU H4 & Daily studies attached. I am not a great fan of SHI or other indys, but once in a while, check them for what they have to show! url PA rules. Volumes are basically based on supply and demand (you call it pumps & dumps!). These ...
Sonic R. System
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kevinchan replied Dec 22, 2010Dude..this time the higher volumes were for sells not buys!! I expect GU to hit 1.52x (highs) or at least 1.53.
Sonic R. System
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kevinchan replied Dec 22, 2010I agree with you. AU has been holding up and testing everyone's patience, a correction in this pair is very much needed!
Sonic R. System
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kevinchan replied Dec 18, 2010All of it so true. Don't be afraid to fail.....failure is an ingredient of success. Without failure there is no success, and if there is...you sure are heading in wrong direction. None of the greatest on this planet came without failing first.
Sonic R. System