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    • benaiah replied Oct 20, 2014

      GBPAUD is raising my eyebrow a bit. Seems poised for a break out on the upside as well. Could we see a break out on both of the them? I guess not out of the real of possibility, but doesn't seem likely since they are negatively correlated (about 88% ...

      AUD/USD
    • benaiah replied Oct 20, 2014

      Bears slamming it before it could even touch 8799. And pushing it down from there... Unless a super bullish signal appears, looks like we're going down to revisit the weekly open gap...

      AUD/USD
    • benaiah replied Oct 20, 2014

      I think your entry looked good, and of course it worked out for you up until now. I also would not argue with the view that long-term AUDUSD will go down. But I think it will test 90-95 first. Won't you be tempted to take profit, and sell at a ...

      AUD/USD
    • benaiah replied Oct 20, 2014

      For example, on the chart I posted, if the price establishes itself above the that bottom upward moving trend line, I could map out 2 or 3 targets, I'd expect to hit within a 1 or 2 years. So, I'm curious on your chart, what time duration you are ...

      AUD/USD
    • benaiah replied Oct 20, 2014

      Main question I have though regarding your chart is when do you expect your trend lines to be touched? Since you only posted the chart without any comments, I could only go by what I saw, i.e. no other analysis was mentioned. I understand you are ...

      AUD/USD
    • benaiah replied Oct 19, 2014

      The above chart is also a weekly chart. If you notice the trend lines drawn show more recent touches. Also, note the upward trend line that the price is currently fighting to get above. A lot of upward potential if it makes it above that trend ...

      AUD/USD
    • benaiah replied Oct 19, 2014

      2+2 Interesting chart. I do have a question though. The trend lines that you've drawn haven't been touched in 5-7 years. So, when are you expecting those trend lines to be touched again? Just my opinion, but I'd redraw the trend lines according to ...

      AUD/USD
    • benaiah replied Oct 19, 2014

      Might not be enough momentum for any big move. We'll see if it can take out the "high of the day"... Otherwise, maybe we need to wait until London/US for the bigger move...

      AUD/USD
    • benaiah replied Oct 19, 2014

      Guess I need to brush up on my math, as it is 50 pip trade from the gap to either target. But if you get in from either target and it makes it back all the way, then 100 pips or so...

      AUD/USD