Technician
Long

AUDUSD: Time for a Rally?

FX:AUDUSD   Australian Dollar/U.S. Dollar
687 30 4
Update: Stopped out as markets open the week on a major bearish gap following unrest between Russia and Ukraine.
Profit(pips)=-70 x2=-140
Accumulated Profit(pips)= + 2429
Has been a tough month February, the first losing month in five. Net= -424 pips
January= +530
December= +570
November= +80
October=1674
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Speculating on a potential bullish rebound following the major rejection yesterday, meantime an inverted head and shoulders on the hourly chart has completed.

For alternative view you could take a look at "justatrader" analysis at
AUDUSD - Tricky price action


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alex.a
2 years ago
I think a lot of positino will be cleared when it was up today scared by yesterday's low.
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alex.a alex.a
2 years ago
will be ==> have been
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alex.a alex.a
2 years ago
Or those people changed their hands up there ~
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Wish good luck for everyone
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HiLowGo
2 years ago
This is an incorrect analysis. Sell ladies and gent. SELLL!!!!
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alex.a HiLowGo
2 years ago
Why? it would be more convincing if you state the reason of your opinion.
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alex.a HiLowGo
2 years ago
Besides, this is correct analysis, technical, I mean. But didn't include psychology. How desperate buy position holder up there when AUD was down at 89000, which I didn't get this before only after. For now, after all those selling, the higher chance to go long
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Comment removed
alex.a HiLowGo
2 years ago
What's IMA?
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HiLowGo
2 years ago
Disregard my previous statement. None of those things I said will occur are going to happen. LONG @ 0.89800 because as we all know Forex is a Cat and Mouse game. T/P @ 0.9200
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alex.a HiLowGo
2 years ago
Perhaps, RBA's statement it removed depression --
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Technician TOP HiLowGo
2 years ago
lol
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HiLowGo
2 years ago
Slang contraction of 'I am going to'
CREDS: Urbandictionary
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HiLowGo
2 years ago
I'm not going to explain everything to you. Learn Economics before you start doing Technical Analysis or Fundamental Analysis. LAST and FINAL TIP and then I am off this. LOOK AT AUD/NZD CHART.
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alex.a HiLowGo
2 years ago
Thanks ~ ^_^
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alex.a HiLowGo
2 years ago
snapshot
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alex.a HiLowGo
2 years ago
snapshot
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alex.a HiLowGo
2 years ago
snapshot
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Quite some ballsy talk going on here. Anyways, I think it would be risky to take on a trade based on a still forming H&S pattern. Here's my take on this one in case anyone's curious:
AUDUSD - Tricky price action
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Technician TOP justatrader
2 years ago
Note : I didn't mentioned the still forming Daily H&S in my analysis. That was on the hourly chart
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HiLowGo
2 years ago
I see you removed the only relevant comment I posted. A comment that could have actually earned people money and educated the trading public. Your analysis of the Australian Dollar is trash. Your right Shoulder has a cancerous outgrowth leaning to the right side now. Stop tricking people to hedge your positions. And re post my comment if you have any cojones.
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alex.a HiLowGo
2 years ago
I don't think Technician did it, rather admin did it. So, don't feel grunge against Technician rather question the rules ~
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Technician TOP HiLowGo
2 years ago
criticism is widely welcomed, and this thread proves that. Just do not involve "mothers" in a forex discussion. Ur welcome to re-post anything that abide to the respecting rules to fellow members of the community
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Technician TOP HiLowGo
2 years ago
I really have no problem calling my analysis trash, or whatever, although disparaging other ppls work is not an ethical manner.
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Barabaszek
2 years ago
Gentlemen (and ladies :-)) the whole discussion is getting boring! Suggest to replace the energy that is spent on this discussion back on track .... exchange and graphs.
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Stopped out as markets open the week on a major bearish gap following unrest between Russia and Ukraine. -70 pips.
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Technician TOP Technician
2 years ago
Has been a tough month February, the first losing month in five. Net= -424 pips
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alex.a Technician
2 years ago
Yo ~ The persistence that I like about. Keep up the good work!
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HiLowGo
2 years ago
Lol, I love everyone here. I apologize for the rudeness Technician. Now lets get this money guys.
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alex.a HiLowGo
2 years ago
I love the way we reached to each other. We are in the same boat. Let's sail away, shall we, Captain Technician ~ ^_^
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And again price goes back to my preferred direction! Russia's Putin was the main reason behind this loss :| .
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