FOREX PRO Weekly July 16-20, 2012

Triantus Shango

Sergeant Major
Messages
1,372
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.
 

mrgummo

Corporal
Messages
128
To You Ron and all The Morten Turtle traders !!! Salute..

A bonus !!

Enjoy i am out playing golf in the Morning :)

Asif
Asif,

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

Thanks for posting!!!
Ron
 
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minimax

1st Lieutenant
Messages
1,456
hey, DR, manage to get out?

add
I thought they would leave at least 1,2180, but the were not
 
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