base on daily cs i guess eu,au,nu will remain bearish

i've bee a bit lazy.. manage to get one position only on audusd..
holding cost also high.. but movement quite good.
look at 1M chart on audusd.. quite strong short activities.
now just need to wait some retrace...

poks,any pair your watching now?im lost here lol

Went long based on 4H for audusd.
Retrace? Don't know. The level is just nice to long.
Tayor.

This post has been edited by poks: Feb 21 2013, 07:14 PM

im BE already.thank you poks
im still confuse this trading price action lol

Lol. Careful. I've closed mine.
Looking to short at 4H audusd.

i also closed already lol.haha
i noticed when do EW count,but on daily.correction wave maybe abcde?

Boyvai look at nzdusd.
1H chart. Shorting.
Might just work.
Tayor

I have taught to one of director in standard chartered bank, he says Australia is a strong raw material country, like gold, silver and e.t.c. Thus, the rate will not move below 3 and might slowly uptrend,

Do you agree to the director banker statement?

Not really, if US sneezes, then whole world also catch cold, then nobody buy raw materials.

Anybody who has been trading and following the fundamentals (yes.. there are some who does not care about fundies and only go 100% technical) will give you the same answer as the director. It's common knowledge and don't need a director of any bank to tell you that.

Not really either. China's demand of Aussie raw mats is what been driving the Aussie dollar up. Every time the US sneezes, everybody would catch the cold but China's there to fix it. US sneezed in 2008 and China fixed the Aussie dollar by end of 2009. Japan sneezed 15 years ago and China didn't fix them up (China makes their own 'copy' of Jap goods therefore very little Jap exports gets to China) and they are still got the cold until today.

Aussie now depends on China's economy than that of the US, maybe even a little too much.

Italian elections underway and results only to be known later today. Just be wary if anybody is trading any EUR pairs today.

is JPY/US or JPY/GBR good to trade?

poks,thought on gbp/usd 4 hours?
it look good to buy for me,but the gap make me not confident lol

This post has been edited by boyvai: Feb 25 2013, 07:15 PM

Gbpusd off my radar.
Currently looking at audusd, nzdusd & usdcad.

Btw, i'm having feeling of shorting audusd.
Tayor.

*maybe i'll pass trading today.

yes,me too.look at this EW count.this count on 22/3

credit to ew-forecast.com

i don't know boyvai... it's more of gap fill,
some pinbar on 1H...

btw... short that on the way down
i'm busy exploring oanda java platform...
eurusd having problem at 1.33 ..

Check out the fall of Euro.. EUR/USD 270 daily pip range and EJ 600++ daily pip range yesterday... definitely plenty of long coverings there. I've already posted a warning about the Italian elections.. I hope everybody is on the correct side of the market. The reaction was just stupid... pure panic.

This post has been edited by sleepwalker: Feb 26 2013, 09:34 AM

any predictions for today's market guys?eu,ej,is it going to continue bearish?n how about gu?seems like it move in opposite direction with eu now