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FOREX PRO Weekly July 16-20, 2012

Discussion in 'Sive Morten- Currencies, Gold, Bitcoin Daily Video' started by Sive Morten, Jul 14, 2012.

  1. Triantus Shango

    Triantus Shango Sergeant Major

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    just going by market sentiment, sentiment is shifting from AUD bullish to bearish. i'm now watching carefully to identify the trigger that will start the slide. so i'm NOT saying it's gonna start dropping like crazy today... but there are already some early technical signs that the bull bounce from the recent retrace lower is losing steam. of course, that being said, it might attempt another stab at the 03xx level. however, if MPR1 holds, and if we even reach that high, that'd be a good level to sell, as well as at multiple levels on the way up there. AUD is not the best safe haven currency and once more investors realize that and start shifting assets into other safe havens, the down trend will only accelerate.
     
  2. mrgummo

    mrgummo Corporal

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    Asif,

    OMG, my sides ache from laughing so hard! This is great!

    Thanks for posting!!!
    Ron
     
    #22 mrgummo, Jul 15, 2012
    Lasted edited by : Jan 15, 2016
  3. Triantus Shango

    Triantus Shango Sergeant Major

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  4. minimax

    minimax 2nd Lieutenant

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    hey, DR, manage to get out?

    add
    I thought they would leave at least 1,2180, but the were not
     
  5. D.R.&Quinch

    D.R.&Quinch Sergeant

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    yes s im using tight stops these days, but still took ahit.
    short now
     
  6. D.R.&Quinch

    D.R.&Quinch Sergeant

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    i think perhaps a low at 1.216 ish again then recovery?
     
  7. minimax

    minimax 2nd Lieutenant

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    or here but more probable 1,2177/73

    ps
    my opinion
     
  8. D.R.&Quinch

    D.R.&Quinch Sergeant

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    not so sure, as H1 M30 and H2 stochs look bleurgh
     
  9. minimax

    minimax 2nd Lieutenant

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    I do not use lagging indicators
     
  10. D.R.&Quinch

    D.R.&Quinch Sergeant

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    not even weakened ones?
     

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