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Thread: Discuss the AUD/USD, NZD/USD , USD/CAD and more

  1. #9766
    fahmy313's Avatar
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    Smile

    I still think that the bullish trend is still present
    i think next week we will see 1.0500 as first

    4h chart shows the head and two shoulder form




    so i went long from 1.0325 target is i.0500



    wish happy weekend for all
    Last edited by fahmy313; 04-20-2012 at 12:10 AM.
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  2. #9767
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    manage to stay above .8120 (nzd/usd) falling wedge look good. measure move up is 150 pips...........
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  3. #9768
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    Cool

    Quote Originally Posted by fahmy313 View Post
    [FONT="Century Gothic"][SIZE="3"]I still think that the bullish trend is still present
    i think next week we will see 1.0500 as first

    4h chart shows the head and two shoulder form


    so i went long from 1.0325 target is i.0500
    Hey Fahmy. I could be wrong, but I would be careful with your long trade. I see the set up as a completed "W" Looks like 1.0200 to me. Price heading down & so is my "Woodie"....
    Never rush a trade. Make haste slowly.

  4. #9769
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    Cool

    Quote Originally Posted by Ikee View Post
    Hey Fahmy. I could be wrong, but I would be careful with your long trade. I see the set up as a completed "W" Looks like 1.0200 to me. Price heading down & so is my "Woodie"....
    That said, I do see a retracement to 1.0350 first. Cheers.
    Never rush a trade. Make haste slowly.

  5. #9770
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    i still like GBPAUD long as an alternative to AUDUSD. if it can clear slight ichimoku resistance above current levels it could be smooth sailing for another 300 pips
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  6. #9771
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    AUD/USD 30-Minute Inverted Head and Shoulders May have Some upside- Target...

    Quote Originally Posted by josh.steele119 View Post
    Here is how they lined up through the different times. I'm going to go ahead and stay in this trade until the 104 Level its the end of the week and what better trade to be in that long AUD/USD 4% or so roll over. I placed my stop under the first 15min bullish SAR.
    Hello Josh,
    Classic Inverted head and shoulders pattern indicates we could retrace to about the 1.0374 area before heading lower.

    This confirms what your indicators are saying about the Aussie!
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  7. #9772
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  8. #9773
    forexraj is offline Registered User
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    Aud usd

    aud usd must touch 1.0000 level within few days

  9. #9774
    Davin is offline Member
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    Short NZD/USD @ 0.8156, Limit: 0.8074.

  10. #9775
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    Quote Originally Posted by Ikee View Post
    Hey Fahmy. I could be wrong, but I would be careful with your long trade. I see the set up as a completed "W" Looks like 1.0200 to me. Price heading down & so is my "Woodie"....

    yes dear i know it is too risky but i cant ignore that form
    and i follow my hunch
    till now it i have 50 green pips from 1.0325
    i would be comforted if it close today over 1.0400
    Ikee likes this.

  11. #9776
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    Quote Originally Posted by forexraj View Post
    aud usd must touch 1.0000 level within few days
    Hello,

    Welcome to the forum. Why "Must" price reach 1?

  12. #9777
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    London session review and outlook April 20 - 2012
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  13. #9778
    simbasimba is offline Member
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    Audjpy

    Guys, any idea what will Audjpy like... Bear or bull??

  14. #9779
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    to me it looks like a bear

  15. #9780
    Nick_Baker is offline Registered User
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    [QUOTE=simbasimba;1120720]Guys, any idea what will AUD/JPY like... Bear or bull??[/QUOTE
    AUD/JPY looks like a good selling opportunity to me as the resistance has been tested at 84.747 and hopefully will bounce and continue back down to 84.100. Thats my thorts but guess but im a very new trader.

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