short trade nzd 140+, aud 130 +, 120+
did not get expected sell signal on the dow , therefore shorts closed and am now long nzdusd 77 .70 , audusd and dow 12 050 for a counter trend rally.
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short trade nzd 140+, aud 130 +, 120+
did not get expected sell signal on the dow , therefore shorts closed and am now long nzdusd 77 .70 , audusd and dow 12 050 for a counter trend rally.
Hi DA
I am short gbp nzd and euro but not as good entries as you.
the GBP does look like its sideways but my trigger was bearish engulfing,and daily CCI was -100 then retraced and bounced off the 0 line back
down into negative teritory,so i am anticipating a break down out of the range its in on the daily
hey da,
plans for today?i liked your post on the 13th cheers mate
today looking at focussing more on aud usd short than kiwi.
unusual to see the aud holding up well and the kiwi getting a hiding , this probably indicates aud nzd cross buying which is holding the aud up and pressuring the kiwi.
will have a look at short aud usd levels to enter and post later , risk reward looks good .
the only slight spanner in the works is a short term bullish pattern on the dow which may mean there is a little risk coming back into the market.
1.02 should prove difficult to break , i would get as close as you can to 1.02 and short with a 40 pip stop.
Just closed AUDUSD short for 100 pips, entered off the double top hitting the 50 Fib level yesterday afternoon - looked a bit shakey as the priced retraced up to 1.0200, but then made a nice move down to my TP. Currently looking for a clean entry into the NZDUSD - maybe wait for a retrace? (The last one only went to 23.6 and I only take bounces off the 38.2 up to the 78.6)
as stated focus was on the aud usd short yesterday , closed out yesterday afternoon for 120+ 105+ 80+, no kiwi short.
today trade the range 102.20 - 100.5 , if 100.5 breaks we are going much lower , if 102.20 negates short bias.
long from 1.0030 & 10050 stops at 1.001
1.005 area support looks like its held , still very cautious about being too long but shouild get a reasonable bounce
closed out long trades + 70 +90 , this looks like an impulsive move higher so if correction remains a 3 wave affair will get long again
http://i183.photobucket.com/albums/x...9999/audm5.jpg
NZDUSD: Price is making lower lows, but MACD is making higher lows - bullish divergence maybe? Price seems to have stalled at the .7550 area - could've been due to the weekend coming up though. Something to watch come trading tomorrow.
1hr chart, but divergence also showing on 4 hr chart.
Attachment 3698