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dbutton1990 replied Dec 4, 2012It is most likely going to head down to the outer trend line drawn...somewhere around 1.0360 and then bounce.
Aussie Trading Room and Cartoons Gallery
- dbutton1990 replied Dec 4, 2012
I just noticed something....we broke the up trend line on 11/29 and now we re-tested it today. We are headed down....Possible all the way to 1.0360....
Aussie Trading Room and Cartoons Gallery
- dbutton1990 replied Dec 4, 2012
38.2=1.0447, 50.0=1.0438, 61.8=1.0427, 78.6=1.0411
Aussie Trading Room and Cartoons Gallery
- dbutton1990 replied Dec 4, 2012
between 60 and 100+ pips would be down to at least the 1.0411.
Aussie Trading Room and Cartoons Gallery
- dbutton1990 replied Dec 4, 2012
it looks like the indicator at the bottom is just about topped out, I expect a small retracement before the finale.
Aussie Trading Room and Cartoons Gallery
- dbutton1990 replied Dec 4, 2012
We will see this happen by Friday IMO
Aussie Trading Room and Cartoons Gallery
- dbutton1990 replied Dec 4, 2012
My chart confirms my sucipisions that the current AB boundary will be broken. You can see the main AB boundary bounced off the 78.6 and is headed to the 27.0 which is 1.0545. The current sub ab boundary completed it's C at the 61.8 and is currently ...
Aussie Trading Room and Cartoons Gallery
- dbutton1990 replied Dec 4, 2012
This thing is about to break out of the AB boundary and head right to its D extension. I will post charts later tody
Aussie Trading Room and Cartoons Gallery
- dbutton1990 replied Dec 4, 2012
I would not be shorting. Imo
Aussie Trading Room and Cartoons Gallery
- dbutton1990 replied Dec 3, 2012
Closed long with 20 pips. Opened short. Tp is 1.0371
Aussie Trading Room and Cartoons Gallery
- dbutton1990 replied Dec 3, 2012
I have my long position still open...I see 1.05x in sight
Aussie Trading Room and Cartoons Gallery
- dbutton1990 replied Dec 3, 2012
Tweezer bottoms on h1 suggest a rally is coming...
Aussie Trading Room and Cartoons Gallery
- dbutton1990 replied Dec 3, 2012
I'm starting to think there isn't going to be a rate cut tonight...
Aussie Trading Room and Cartoons Gallery
- dbutton1990 replied Dec 3, 2012
if there is no rate cut, I see aud/usd skyrocketing
Aussie Trading Room and Cartoons Gallery