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Mysticforex

Aud/usd

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I can see what you are looking at - that upside move might be getting a little overheated.

 

I'm looking at trying to grab some more of it if it keeps going:

Buy @ 1.0228

Target 1.0255

Stop 1.0199

 

But going to check in next couple of hours and see if any changes.

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I can see what you are looking at - that upside move might be getting a little overheated.

 

I'm looking at trying to grab some more of it if it keeps going:

Buy @ 1.0228

Target 1.0255

Stop 1.0199

 

But going to check in next couple of hours and see if any changes.

 

 

MMS,

 

The all time high was @10256 on 12/31/2010...

If we break to the upside expect a retest. A failure to establish a new high is possible, so, I would place TP @10250, depending on your spread ( 10256 was the "ask" ).

On the other hand, if we make a new high, I would expect at least a test of 10275.

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I would like to short AUD/USD again, On a close below the candle on the 5 ,in.

S/L @ 10300. TP @10190

 

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au5m.thumb.gif.3d495dde61a3cd6a18e724f5fb9ee248.gif

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Target hit on the 5M TF. Basically broke even with what I lost on the first entry.

There is a short signal now on the 15M as well, so I have left open a small pos. TP is the Weekly Pivot, @10166 which is just above a lager TF trend LineHere are the charts:

au5m.thumb.gif.9f0388caf75fd8541522969ae081d0ff.gif

au15m.thumb.gif.c65a87e7430ac4e4cbfb743c668b38f2.gif

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