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Aussie3228

AudUSd

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C'mom Obsdian

Yesterday you were saying either/or.

Today , with hindsight, its up,up,up.

Guess I'm just plain stupid.

regards

bobc

 

I am not saying anything different :rofl:

besides there was nothing I could do..it was full moon so there was a nice gold rally...that pushed aud/usd up...

for today I do not think there will be enough volume to push higher...the bears are camping at 1.0300 ;)

p.s. I prefer if/then sentences :roll eyes:

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4H and 30m charts had turned bearish yesterday. it seems that selling pressure will be increasing if aud/usd cant close above 1.0450. i think we will see 1.0330 before we see a bullish attempt...imvho...

audusd24.jpg.1ed9b45ae2e963fcbbdf3349d5f45632.jpg

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looks like chinese economy will put pressued on the AUD...

 

"The National Bureau of Statistics in Beijing said on Saturday that the China Manufacturing Purchasing Managers Index for August fell to 49.2 from 50.1 in July."

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I havent took a single trade today (and also yesterday, only news with pending order on ECN). Apparently today will be a great day for AUD/USD but let's see how far it will go

 

34nk5q9.png

 

I expect AUD/USD to fall down in the next few hours. Synergy bar and TDI crosses look good on this. It has also reached the top of BB 72 and BB 24 in H1 timeframe. However, I wouldnt enter before NFP. I will enter with ECN account and I will standby with my talking-forex account. When they confirm the data goes stronger for USD, then i will short this. Otherwise, I will stay out of the market.

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we may have seen high of the day...i personally think it may be risky to hold a long position over the weekend due to bunch of chinese data releases on sunday so going to close my long here..

 

shorting around 1.4000 with a stop at 1.0465 will probably be my next move

audusd07.thumb.jpg.2e6651c5892887ccfa519993dac6982f.jpg

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