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- HeavenBlade replied Jul 6, 2012
It's difficult to know exactly when it will move due to my current lack of knowledge, but from what I know, these are the major points of contention. The daily chart displays 2 candles, the big bullish candle and the smaller but very obvious bearish ...
AUD/USD
- HeavenBlade replied Jul 5, 2012
Well I just had a very strange trading experience today. I lost a lot of money due to stupid money management and emotional market entry (recall the sharp spikes about 2 hours earlier? I missed it and decided to enter right at the bottom just ...
AUD/USD
- HeavenBlade replied Jul 5, 2012
I certainly hope so. We'll have to wait until the hourly and daily candle closes before we can know for sure. I wonder when that mega-bullish candle on daily will run out of steam.
AUD/USD
- HeavenBlade replied Jul 5, 2012
Well to learn from mistakes... there was no sharp and fast rejection candle when price first tested the upper channel. All that dallying action as seen in the square only shows that price may be consolidating upwards instead. Who knew it would shoot ...
AUD/USD
- HeavenBlade replied Jul 5, 2012
On the M15 chart we see a bearish channel. I am hoping that it breaks down!
AUD/USD
- HeavenBlade replied Jul 4, 2012
Breaking up as predicted. I think she may have an upside of 1.035 as that was a point of major contention quite awhile back. From there we may expect a bounce down. Say however, if she keeps on bouncing up and down the channels... she may end up ...
AUD/USD
- HeavenBlade replied Jul 4, 2012
Yes I do not dispute that. I wonder though if AUD manipulation on a large scale is possible. In that case how do investors do it if they do not trade Forex? Clearly not in the same way as us... but I believe they do have the might to sink it if they ...
AUD/USD
- HeavenBlade replied Jul 4, 2012
Essentially yes, I agree with you. I am merely offering a different perspective. Right now we seem to have a minor shark in the waters scenario; a consolidation poised for the New York markets to take to another level. Unfortunately banks are ...
AUD/USD
- HeavenBlade replied Jul 4, 2012
Well say I'm hoping to short 20 lots of AUDUSD (2,000,000). My interest payment a day will only add up to say about 180 dollars. In contrast, every pip it falls nets me 200 dollars. Say I'm in it for 2 days, and within these 2 days AUDUSD falls by ...
AUD/USD
- HeavenBlade replied Jul 4, 2012
Ah. url Well I hope that link can load because I don't know how else to upload the pic. Btw it shows a very different picture from redbox's technical drawings, so perhaps it can better explain the rejection from a purely technical point. And there ...
AUD/USD
- HeavenBlade replied Jul 4, 2012
?? sorry do you mean like the picture can't be seen (the link is broken etc.)
AUD/USD
- HeavenBlade replied Jul 4, 2012
As much as I'd like to pronounce the bull slain by bearish claws, I'd have to say that it may want to rise up for another battle, that is if the channel holds: image v
AUD/USD
- HeavenBlade replied Jul 3, 2012
Haha. Sometimes it's best to be flexible with rules, but it depends on where you're at on the trading journey. In other news, AUD breaks down as expected. It could bounce back once it touches 1.024. image
AUD/USD
- HeavenBlade replied Jul 3, 2012
Oh, and perhaps EUR/AUD is going to cover the gap, which means that AUD will free-fall soon. image image image
AUD/USD
- HeavenBlade replied Jul 3, 2012
image image Looks like a shark in waters. Breaking up or down I do not know (most likely down) but I'd say that there's a chance AUD will swim in the channel until New York closes. So we'll have about 8 hours and 50 pips in both directions.
AUD/USD