Yea, I did the same thing.

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Now you have me all worried Amy. I was leaving it up to the good ole' Australian's to correct this rally! We here in the U.S. just run around like chickens with our heads cut off and you guys are supposed to be the one's with your heads ...

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Oh yea! Game over and we will be the winners! A/U, The 21 and 35 are soon to cross one another! I will be taking profit at the 150ema which will probably be around 8410 by the time PA gets there. I'll let you know when I exit.

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A/U, H4 shows the path I expect in Red; H1 shows how PA is slowing and not making a new high by looking at the upper BB.

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8486 and 8507

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Short A/U... H1 upper BB has just turned sideways for the first time in forever!

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Seeya!

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I'll put the rest on when the 21ema crosses the 35sma on M15.

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A/U... took a partial position at 8486...look at the dogi forming on the H1 about to close in 5 minutes.

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lol. something in your past that reminds you of that?

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ha ha. Will do!

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It's important for me to note that the ultimate signal that will at least get me on the boat if I don't see the perfect candle is a crossover of the yellow 21ema and black 35sma.

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That UTL is pretty strong isn't it OvT? The boat better not leave without me now...I've been way too patient.

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Aragorn, I would move that S/L on your long to 8453 now and take profit when and if we hit 8513 - 8520. That's my 2 cents! Great Job on this trade! Saxon, I think the top is near. Still have my sell limit order at 8514. Will continue to ...

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A/U. Since this is the first time that PA will have visited the 150ema on the H4 since the "free fall" and for the fact that today's Daily R3 is within pips of the 150ema I have set a sell limit at 8514. We may or may not reach this target so I will ...

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This is very interesting. I am really looking forward to the outcome of this astrological sign for A/U and the U.S. equities. Do you have a TP for A/U?

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Great! Although after OvT pointed out the UTL to me (which I did not see earlier) you may want to take profit now. 8400 is a great place to put the S/L though since that was the last low before the current high.

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It very well may be for a nice retracement. I would move your S/L to B/E as soon as possible though. Try to at least walk away with 5 pips in your bag.

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OvT, when I was suggesting that PA was going to bounce off R1 (turned support) this is what I was looking at. Tops don't look like that! It had to go higher in conjunction with what I was looking at on the H4.

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You are absolutely right! I didn't see that previously. Thanks for pointing it out. See, everyone sees something a little differently. That's why FF is here!

Nearly Naked (Simple Trades)