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Trade the Bollonger Band Squeeze

AUDUSD

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The Pitmaxboost24 22-Oct-14  09:43 pm
         

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maxboost
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Thursday, March 18, 2010 - 10:23 pm:Copy highlighted text to 'New Message' boxEdit Post Delete Post Print Post    View Post/Check IP (Moderator/Admin only) Ban Poster IP (Moderator/Admin only) Move Post (Moderator/Admin Only)



4 hour chart moving to the bottom of the channel. Pretty clear risk reward setup.
Cheers




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maxboost
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Friday, March 19, 2010 - 09:07 pm:Copy highlighted text to 'New Message' boxEdit Post Delete Post Print Post    View Post/Check IP (Moderator/Admin only) Ban Poster IP (Moderator/Admin only) Move Post (Moderator/Admin Only)



Slowly grinding our way to the bottom of the channel. I'll go long if we get a touch on the close above the low bar.


The weekly shows some overhead resistance which looks like a bit of a magnet and will be a good target for the last portion of the position.







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maxboost
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Tuesday, March 23, 2010 - 07:44 am:Copy highlighted text to 'New Message' boxEdit Post Delete Post Print Post    View Post/Check IP (Moderator/Admin only) Ban Poster IP (Moderator/Admin only) Move Post (Moderator/Admin Only)



I had my first nibble long at .9133 and got stopped out pretty much straight away. Following the I put in buy orders 5 pips above weekly S1 @ .9087 and went to bed. Orders were to scale out +20 pips, +50 pips + 70 pips.
So with the stop out and the profits I'm only up 71 pips.
Market is now pulling up at monthly R1 which is also on a short term down trend line.





Bigger picture looks ok





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maxboost
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Tuesday, March 23, 2010 - 11:25 pm:Copy highlighted text to 'New Message' boxEdit Post Delete Post Print Post    View Post/Check IP (Moderator/Admin only) Ban Poster IP (Moderator/Admin only) Move Post (Moderator/Admin Only)



Had a 50% retracement from last nights run up and is now just pulling back from short term down trend line, stuck between weekly pivot and monthly R1.




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ingot54
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Wednesday, March 24, 2010 - 12:25 am:Copy highlighted text to 'New Message' boxEdit Post Delete Post Print Post    View Post/Check IP (Moderator/Admin only) Ban Poster IP (Moderator/Admin only) Move Post (Moderator/Admin Only)



AUDUSD DAILY is looking strong for a rally tonight, after a retrace earlier to 50% of the previous daily candle range exactly.

First hurdle will be .9250 (strong) and later on .9325 - currently previous highs on daily chart.

I see this going for a good rally tonight, regardless of what the majors do.

I am ditching FA temporarily because the markets are totally confused - there is simply no direction right now as the USD and the EUR are falling over themselves to see which will be the weaker currency.

They can't both be the weakest ... unless of course it is against others like the GBP which is also a basket case, and will probably collapse before either of them, if the bond market is any indication (rising yields, failed auctions).

Yesterday the Brazilian Real, GBP and JPY all strengthened against the USD (who is buying Sterling?) while others weakened against the USD (CAD, CHF) though some of those seem to be getting back on track now.

I will be sticking strictly to what I see in the charts - TA only! If we can get through .9200 readily enough, I see .9225 and maybe .9250 in sight.

Sorry I can't be more detailed right now.
I long for the good old days when trends were trends, and only solid FA could move the trends.

Now - Aunt Bertha only has to sneeze, and the markets erratically change course. As a longer term trader (Daily candles) it bugs me no end, but the current daily set up with that 50% retrace is a dead set platform to spring well over .9200 imho in the next 8 hours.

Nothing is certain in this game though.

Cheers mate

Ivan

AUDUSD_Daily


Keep Smiling - Don't look back

Hell, there are no rules here - we're trying to accomplish something ~ Thomas A. Edison

Never believe that a few caring people can't change the world. For, indeed, that's all who ever have ~ Margaret Mead


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maxboost
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Wednesday, March 24, 2010 - 10:19 pm:Copy highlighted text to 'New Message' boxEdit Post Delete Post Print Post    View Post/Check IP (Moderator/Admin only) Ban Poster IP (Moderator/Admin only) Move Post (Moderator/Admin Only)



I agree we have to throw away the fundamentals for the time being and position on what the most likely outcome is given the charts.
The extent of my fundamentals is usually the following types of questions.
Are Australian interest rate likely to rise quicker than US interest rates - probably.
Are US interest rates likely to rise quicker than Euro interest rates - likely at this point in time.
Are European countries going to allow Greece to default on debt - not if they use the same currency I would think.
Just broad question but can help to a degree with general direction.

I try and develop high probability systems and when I find one I try and turn up every time it presents itself, like a casino just turns up because they have the odds in their favour.
I have found these probabilities do not hang around forever but do have similar win/loss ratios when market conditions are similar to a previous time. Then you have to try and match the set up to the market conditions which in real time is difficult to do.


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maxboost
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Thursday, March 25, 2010 - 08:29 am:Copy highlighted text to 'New Message' boxEdit Post Delete Post Print Post    View Post/Check IP (Moderator/Admin only) Ban Poster IP (Moderator/Admin only) Move Post (Moderator/Admin Only)



The daily chart is starting to look a bit weak. A move to .9050 looks likely. Current bar low .9066. .9050 is the 127.2% extension from the last two days low/high. When you get prices lower than the previous low I have found there is a high probability of getting to the 127.2% extension.
Will have to see what happens with the close of this bar.



With the daily weakness it is a good idea to take a look at the weekly chart. The bottom trend line is approaching and we have a weekly squeeze setting up with momentum trying to shift higher. I'll be taking the trade which ever way the squeeze firers off using shorter time frame charts to look for an entry. Look what happened last time the squeeze fired off. I would like to catch a run like that! I dont think it will be that dramatic this time around but I think it will be worth the risk to find out.



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maxboost
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Friday, March 26, 2010 - 10:48 pm:Copy highlighted text to 'New Message' boxEdit Post Delete Post Print Post    View Post/Check IP (Moderator/Admin only) Ban Poster IP (Moderator/Admin only) Move Post (Moderator/Admin Only)



The daily uptrend line has now been broken. The 50% retracement of the previous run up come in at .9026 ish.


Current down trend clearly established on the 1 hour chart. chart reverts to the centre line regularly.


Weekly chart still within the uptrend. Projecting the trend forward a value of around .8950 will be the low edge of the trend line for next week.



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maxboost
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Friday, March 26, 2010 - 11:35 pm:Copy highlighted text to 'New Message' boxEdit Post Delete Post Print Post    View Post/Check IP (Moderator/Admin only) Ban Poster IP (Moderator/Admin only) Move Post (Moderator/Admin Only)



I thought that would take a bit longer than it did but the Aussie did wiggle down to near enough the 50% retracement.
I haven't taken the trade because I need some sleep and dont want to be holding over the weekend. I also dont like the candle from last nights American equity markets, bottom chart...I rather start fresh next week..






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maxboost
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Wednesday, March 31, 2010 - 07:01 am:Copy highlighted text to 'New Message' boxEdit Post Delete Post Print Post    View Post/Check IP (Moderator/Admin only) Ban Poster IP (Moderator/Admin only) Move Post (Moderator/Admin Only)



The Aud has put on a pretty decent rally since the low on Friday night (50% retracement). After popping back into the trend channel it is currently at some pretty decent resistance on the daily chart.
The Aud is currently in a daily squeeze and a weekly squeeze. I'll be taking both of the which every way they firer off, once they firer I will drill down to a lower time frame for an entry. At the moment the momentum on both looks higher.
There is also daily and weekly sqeezes on Gold which is probably no surprise give the aussie is in one as well..


Weekly



(Message edited by maxboost on March 31, 2010)


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ingot54
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Sunday, April 11, 2010 - 09:38 pm:Copy highlighted text to 'New Message' boxEdit Post Delete Post Print Post    View Post/Check IP (Moderator/Admin only) Ban Poster IP (Moderator/Admin only) Move Post (Moderator/Admin Only)



Hi Max

Charts below as I see the AUD right now.

I am expecting a retest of a zone from .9265 to .9295 before the move to .9400 gathers pace.

But given the fundamental activity in other places, the AUD is being seen as a "safe" bet, and if nothing silly happens in China this week, we could just see this pair ignore the usual retrace, and just power on through to .9400.

Interesting times, and fun trading when you can get these kinds of setups. Very satisfying after the road I have travelled to get here.



audusd


Keep Smiling - Don't look back

Hell, there are no rules here - we're trying to accomplish something ~ Thomas A. Edison

Never believe that a few caring people can't change the world. For, indeed, that's all who ever have ~ Margaret Mead


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maxboost
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Thursday, May 06, 2010 - 09:34 pm:Copy highlighted text to 'New Message' boxEdit Post Delete Post Print Post    View Post/Check IP (Moderator/Admin only) Ban Poster IP (Moderator/Admin only) Move Post (Moderator/Admin Only)



Back after being off line due to a house move, looks like I have missed a lot of action. Sell in May and go away..

At this point in time the weekly close on the AUD will signal a break of the primary up trend.




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gdd3
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Saturday, October 16, 2010 - 01:48 pm:Copy highlighted text to 'New Message' boxEdit Post Delete Post Print Post    View Post/Check IP (Moderator/Admin only) Ban Poster IP (Moderator/Admin only) Move Post (Moderator/Admin Only)



An interesting night on the AUDUSD with two traders getting their 'kicks' by buying/selling the AS at 1.003 which seem to trigger or open the flood gates(a bit) to provide an only the 4th "Outside Range" days this year; the first 3 providing a min. of ~ 600 basis point counter trend moves.

Now the question here is if the 4th one(last night's action)is going to prove the beginning of a similar sort of correction over the coming week's if a correction at all. All too early yet but if we are also to note that the previous three signals where to be at the top/bottom of significant trend reversals so its not so unreasonable to think this one will be no different. Outside Range Days whilst they can occur mid trend and more frequently than say Key Reversal Day's they are more reliable when their range is big and when they occur at range extremes. Again, it is too early to determine that either of these factors is true but given the 'exhaustive/maniputated?' nature of the move since late August, it would not surprise that we at least get a swift correction back to say 9700-9600 area soon.



Cheers
Dolphin


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gdd3
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Tuesday, November 30, 2010 - 12:25 am:Copy highlighted text to 'New Message' boxEdit Post Delete Post Print Post    View Post/Check IP (Moderator/Admin only) Ban Poster IP (Moderator/Admin only) Move Post (Moderator/Admin Only)



A$ at crutial level...is it going to hold support near present levels(9600) or break down to test the major support zone near 9350's. Well, if we are to have faith in the Williams%R14(and today's move in the XJO) and structural support lines I guess at the very least we should see a bounce from near here.



Dolphin


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4xtrader4me
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Monday, June 27, 2011 - 05:41 am:Copy highlighted text to 'New Message' boxEdit Post Delete Post Print Post    View Post/Check IP (Moderator/Admin only) Ban Poster IP (Moderator/Admin only) Move Post (Moderator/Admin Only)



G'day Ingot54 and Maxboost I am new to the forum and have just started live forex trading (real money) mini lots for now, I am looking forward to reading more of your analysis on Aussie and the Euro vs USm one question for Ingot is do you still use your rainbow patterns for recognition of trends, also for the both of you, I see the Aussie testing $1.02 if we get a daily close below $1.048 in short term any thoughts on this.


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msparks
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"I have my own unique system "
"I manage to lose money in bull and in bear markets "

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4xtrader4me
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aussie
G'day msparks yep a free fall to 1.02 region is what i see just waiting for conformation of the break now, a pull back to 1.048ish support now resistence.then im in.Sell limit is from when i was sleeping of night shift.


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4xtrader4me
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pull back around the open of US market?


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ingot54
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Wednesday, June 29, 2011 - 10:39 am:Copy highlighted text to 'New Message' boxEdit Post Delete Post Print Post    View Post/Check IP (Moderator/Admin only) Ban Poster IP (Moderator/Admin only) Move Post (Moderator/Admin Only)




4xtrader4me wrote on Monday, June 27, 2011 - 05:41 am:

G'day Ingot54 and Maxboost I am new to the forum and have just started live forex trading (real money) mini lots for now, I am looking forward to reading more of your analysis on Aussie and the Euro vs USm.

One question for Ingot is do you still use your rainbow patterns for recognition of trends?

Also for the both of you, I see the Aussie testing $1.02 if we get a daily close below $1.048 in short term any thoughts on this?


Welcome to the forum 4xtrader4me.

In the past there has not been a consistent following of FX here, so I have had to "meet" elsewhere. Nice to have people like yourself, Maxboost, Gdd3 and MSParks posting to a thread.

No - I do not use the Rainbow as my primary chart any more, but there is no reason not to - it is just another representation of price. It may suit some users more, depending on right/left brain function.

Until IC is able to supply more up-to-the-minute data I will be forced to use other platforms. One day is a long time in the Forex market, and end-of-day data can be a little late if you are trying to trade 4H, 8H or 12H candles, or even 16H candles as some do. And given that many FX traders like to have their charting integrated with their trading platforms, I do not foresee the day when IC will be a broker for FX trading. The gulf is widening, not narrowing, and that is all good too.

The Rainbow is great if you are trading Daily or Weekly though, and there is an excellent thread here on this.

I try not to make predictions about price direction. I have found it is far better to react to what price is doing, and trade that. The currency markets are in the grip of deadly fear at the moment, and have been for 4 years now, increasingly. This is in no small part due to the influence of the teetering Bond markets in the USA and in failed states like Greece.

When we have a currency crisis, we also have a Bond Market crisis. This is one of the reasons I despise the activities of people like George Soros, JP Morgan Chase, Goldman Sachs et al. Their reported manipulation of currency and Bond Markets, and the precious metals markets mean that other traders are forced to adopt survival tactics if they are to remain as participants. Don't start me on the activities of that fellow Bernanke and the Fed!

The activities of these folks can not only be described as parasitical and predatory, but also cannibalistic. They have no regard for whom it is they devour - as long as the annual bottom line is achieved (and thus their bonuses and reputations) even if it means the collapse of entire nations.

You may or may not have noticed how the market reacts to bad economic (fundamental) news now, by rushing to buy the USD - even if that bad news is coming out of the USA. The market no longer sells on bad news and buys on good news. The market buys on news that interest rates are rising, or if debt levels are rising.

This behaviour is seen as either "risk averse" ("risk off") or "risk on" behaviour. It is a new phenomenon that only showed up during the GFC. About 4 months ago, there was a brief period where this risk-on-off behaviour had ceased, but since the failing smaller states of the European Union have fallen further into chaos, the phenomenon has returned.

There are many other things involved, such as the leaking of the GBP data a couple of hours prior to the news releases - a topic under investigation by the relevant GBP authorities (good luck with finding that mole!) This stuff shows up in the GBP charts, and is an excellent indicator of the likely direction post news releases ... until they find the culprit!

The markets are scared, and only come out to play when they have no other option. I notice over the past few weeks that there are longer periods of consolidation, or range trading for the currency pairs. The CHF continues to trend, but it too seems to have hit solid support.

I have no clue where we are going - the SNB (Swiss Central Bank) intervened to sell the currency when it had fallen to a strong 1.0400 vs the USD ... yet since then it has strengthened to 0.8320 ... a rise of 20%. So you can see how futile it is to get in the way of market forces - the SNB spent several billion (10 zero's) francs CHF to prevent the strengthening ... all to no avail.

The JPY was also bought heavily immediately following the March Earthquake and Tsunami, and the BOJ intervened to prevent strengthening of the YEN there too. The end result? The market did what it wanted.

So no, I have no sentiment regarding whether the AUD will do this or that.

My main concern is to be aboard when it does what it wants to do, and then get out before it changes its mind again! Trading probabilities as they set up on the right-hand-edge of the screen, and taking every true trading signal, is what it is about.

Ask Paul Rotter the worlds most prolific and most successful trader ever.


Keep Smiling - Don't look back

Hell, there are no rules here - we're trying to accomplish something ~ Thomas A. Edison

Never believe that a few caring people can't change the world. For, indeed, that's all who ever have ~ Margaret Mead


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gdd3
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No matter what timeframe you look at the Aussie Dollar "Mr. Fibo's" 38.2%, 50% or 61.8%(as I said before) whether as retracements or extensions of ranges "comes to the party".

Here's the Monthly, Weekly and Daily charts to illustrate a few examples including today's low as one. The forth chart is more to suggest what this trader would be expecting from today's low....a retest of the $1.045 LEVEL before crunch time. Whether it can break that zone and ultimately retest recent highs and higher or and maybe fail and see a move back to 0.9750 or even 0.9200c over coming weeks/months.











Thats all folks...

Dolphin}


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maxboost
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Monday, March 12, 2012 - 09:15 pm:Copy highlighted text to 'New Message' boxEdit Post Delete Post Print Post    View Post/Check IP (Moderator/Admin only) Ban Poster IP (Moderator/Admin only) Move Post (Moderator/Admin Only)



Due for a pause.

Getting down to S2, normal daily expansion at 1.05. The price of the previous low was around 1.0509.




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gdd3
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Tuesday, March 13, 2012 - 12:30 pm:Copy highlighted text to 'New Message' boxEdit Post Delete Post Print Post    View Post/Check IP (Moderator/Admin only) Ban Poster IP (Moderator/Admin only) Move Post (Moderator/Admin Only)



Not a bad call, Maxi... she did find a bit of a bottom(pause?) @ ~ $1.0473 and now it tackling its first S/T resistance back at $1.0540 right now. However, whilst you are looking for a 'pause' I'm thinking that in S-M/T our "Aussie battler" may have another run at the $1.0850-1.1000 highs B4 she finally surcums to 'building' pressure from many fronts.

If you have a look at my 4hrly chart I have place a 'crude' EWC over the period shown and it really highlights that if we can break above $1.067 initially and finally above $1.072 we should move higher over the coming couple of months.



However, a look at the Weekly Chart and you quickly realise going forward any further the prospects don't look that rosy. Already we are seeing signs of 'fatigue' and any weekly close under $1.025 M/T will confirm that our 3 year uptrend has broken.




Still, lets concentrate on the S/T picture and I'm comforted by the noticable bounce from just below the 'zone' you had for suppt and the nature(impulsive?) of this bounce.

Cheers
Dolphin


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maxboost
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Tuesday, March 13, 2012 - 09:58 pm:Copy highlighted text to 'New Message' boxEdit Post Delete Post Print Post    View Post/Check IP (Moderator/Admin only) Ban Poster IP (Moderator/Admin only) Move Post (Moderator/Admin Only)



Dolphin,

It sort of struggling a bit here banging back and forward. The is some divergence on some indicators so maybe it will pop higher. I'll try the next signal long when it comes which wont be to around 1.0580 for me eyeballing the chart.

I like your weekly chart there, its a good reminder to check in with the big picture every now and then.



The stock indexes seem to be going alright tonight. I'm long the asx200 at 4150 and 4195. Picked them up on the way down last sell off. 3% and 4% lower from the most recent high. Will probably cover them a bit later on or at least put some thought into some targets...I've only got what i term pilot position on at those levels 1/3 my max position size.

Cheers


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maxboost
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Wednesday, March 14, 2012 - 09:31 pm:Copy highlighted text to 'New Message' boxEdit Post Delete Post Print Post    View Post/Check IP (Moderator/Admin only) Ban Poster IP (Moderator/Admin only) Move Post (Moderator/Admin Only)



Decided to cover index positions today at 4275 and 4285. No open positions.
USD putting on a rally, however the economy over there has a pretty high funding requirement and there is no rate rise on the cards for a few years yet so the question is how long will it last?


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maxboost
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Tuesday, March 20, 2012 - 05:54 pm:Copy highlighted text to 'New Message' boxEdit Post Delete Post Print Post    View Post/Check IP (Moderator/Admin only) Ban Poster IP (Moderator/Admin only) Move Post (Moderator/Admin Only)



AUD rolling over on the daily could be in for another test of the 200 day ema.




Approaching daily s2 @ 1.0519 you would expect a small bounce at that level. A lot of previous range bound trading at this level over the last week or so.



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maxboost
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Tuesday, March 20, 2012 - 07:46 pm:Copy highlighted text to 'New Message' boxEdit Post Delete Post Print Post    View Post/Check IP (Moderator/Admin only) Ban Poster IP (Moderator/Admin only) Move Post (Moderator/Admin Only)



Only a small bounce at s2, Gold selling off as well. Where are we heading...




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maxboost
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Gold Gold Gold....

It still in an uptrend despite the current daily trend. So if we get off the dance floor and step up onto the balcony for a second you would expect support to come in around the $1600 area give or take $10 or so. That's about where the monthly trend line is.




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maxboost
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Tuesday, March 20, 2012 - 09:22 pm:Copy highlighted text to 'New Message' boxEdit Post Delete Post Print Post    View Post/Check IP (Moderator/Admin only) Ban Poster IP (Moderator/Admin only) Move Post (Moderator/Admin Only)



opps the above post was meant to go in the Pit, Collin are you able to move it please.

AUD has found some sort of support at s3, which lines up with some previous support a week ago, and also lines up with the weekly r1 line. With the Aud being so choppy i'm sure glad there are other options like the eurjpy.




(Message edited by maxboost on March 20, 2012)


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gdd3
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Wednesday, March 21, 2012 - 03:50 pm:Copy highlighted text to 'New Message' boxEdit Post Delete Post Print Post    View Post/Check IP (Moderator/Admin only) Ban Poster IP (Moderator/Admin only) Move Post (Moderator/Admin Only)



Another 'explanation' for the support near the $1.0475 is to look at the active A.P.'s that appear to be controlling the action over the past few weeks. We have, as you have pointed out, other 'support' lines coming in near there also but I would be more comfortable to see value above $1.0555 than risk playing the 'eachway' bet at these levels.

Having said that, I do also favour at least a test of ~ $1.0555 from here 1st rather than a break of here...STO breakout hint!



Cheers
Dolphin


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qed
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Thursday, March 22, 2012 - 10:49 am:Copy highlighted text to 'New Message' boxEdit Post Delete Post Print Post    View Post/Check IP (Moderator/Admin only) Ban Poster IP (Moderator/Admin only) Move Post (Moderator/Admin Only)



audusd maybe simple but efffective , expecting bounce soon meanwhile watching for shorting oppos


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gdd3
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Thursday, March 22, 2012 - 10:49 pm:Copy highlighted text to 'New Message' boxEdit Post Delete Post Print Post    View Post/Check IP (Moderator/Admin only) Ban Poster IP (Moderator/Admin only) Move Post (Moderator/Admin Only)



Well 24 hrs later and see what has transpired...

"I would be more comfortable to see value above $1.0555 than risk playing the 'eachway' bet at these levels"...fortunately this 'feeling' kept me out(from a long position anyway) even though I was favouring "...at least a test of ~ $1.0555 from here 1st rather than a break of here"...well, not quite $1.0555 before the sell off began.

Even so, the A.P.'s have still been very helpful for swing points as once we broke through the lower yellow AP tyne level and briefly broke through the median tyne of the blue AP the 'usual' back-test to the lower yellow rising tyne line gave us the shorting entry point for another test of blue median tyne and very likely(as it was the second time) a break of this tyne to signal a test of the next lower tyne line. In addition, see how the swing points have co-incided with the breaks of the trendlines(extensions) drawn on the SS 3:15:5...remembering they were in place yesterday in advance.




Where to from here?; well I guess we have to step back and look at the Daily A.P.'s in action...There are three A.P.'s shown here, two bullish(yellow + olive) and one bearish(pink). Both the yellow and olive A.P.'s have dominated the swing moves for the last 9 months but never really absolutely looked convincing(as price action remained below their median tyne levels...apart from a hand full of days). Right now we are testing the lower tyne support of the yellow A.P. after earlier in the day breaking the lower/median tyne of the olive A.P. and of course the hourly A.P.'s. The lower tyne of the yellow A.P. is also roughly the same level as a strong structural support level(double orange lines) that is about the best 'pivotal' level for the last 12 months+. So the question right here right now is whether this current level indeed provides the support possibly hinted or whether we have to get down to near/at parity as highlighted by the next structural level and the lower tyne of the olive A.P....If so, such a move will start to add weight to the pink A.P. that could be starting to dominate the Aussie battlers swing plays. See how the next few day's/week go , first, right!



}

Just one trader's point of view, right!

Cheers
Dolphin}}


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qed
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Saturday, March 24, 2012 - 08:56 am:Copy highlighted text to 'New Message' boxEdit Post Delete Post Print Post    View Post/Check IP (Moderator/Admin only) Ban Poster IP (Moderator/Admin only) Move Post (Moderator/Admin Only)



audusd well not much action friday ,expect bounce come monday ,looking for longs if so


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msparks
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Friday, September 12, 2014 - 07:08 pm:Copy highlighted text to 'New Message' boxEdit Post Delete Post Print Post    View Post/Check IP (Moderator/Admin only) Ban Poster IP (Moderator/Admin only) Move Post (Moderator/Admin Only)



Has it finally cracked ?




"I have my own unique system "
"I manage to lose money in bull and in bear markets "

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gdd3
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Tuesday, September 16, 2014 - 11:09 am:Copy highlighted text to 'New Message' boxEdit Post Delete Post Print Post    View Post/Check IP (Moderator/Admin only) Ban Poster IP (Moderator/Admin only) Move Post (Moderator/Admin Only)



Agree Sparksie; the Aussie Battler code has been 'cracked' BUT now holding just above a S/T support band(8980/8900). Could back-test as high as 9200 from here. However, once value is found below this S/T support band no further support really evident on these charts until the mid to low 80's ... as you have pointed out.







Dolphin


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maxboost
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Friday, October 24, 2014 - 02:00 pm:Copy highlighted text to 'New Message' boxEdit Post Delete Post Print Post    View Post/Check IP (Moderator/Admin only) Ban Poster IP (Moderator/Admin only) Move Post (Moderator/Admin Only)



Looking at the long tails on the weekly candles I dont think there is a lot of love for the AUD. I wouldn't be surprised if there is one more crack at .92 to the upside. However when the recent lows get taken out the most likely next level will be .80. There is no such thing as a triple bottom.... I think...








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qed
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Saturday, November 29, 2014 - 09:47 pm:Copy highlighted text to 'New Message' boxEdit Post Delete Post Print Post    View Post/Check IP (Moderator/Admin only) Ban Poster IP (Moderator/Admin only) Move Post (Moderator/Admin Only)



ok had to cancel post , too big .. said been a while since I was here , hope everyone making bux not a lot of joy for those looking for longs just yet imo cheers Q

Trade Trends with Bollonger Bands and Twiggs Money Flow

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