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FibMaster
09-06-2009, 07:42 PM
The AUD/JPY pair has tipped it’s hand with a strong move to the upside at the end of last week. This break out of a wedge formation is significant.

The vital question is whether AUD/JPY will maintain the upward momentum, or fall back into the wedge. We’ll be following the price action closely this week.

See this video update for details. (http://www.dailyforexcharts.com/charts/090906_audjpy_blog/090906_audjpy_blog.html)
Raj
09-22-2009, 06:31 PM
The chart has been holding this 618 res for quite sometime now. I have taken a short on the 60min chart when it hit 79.80. Hopefully the close of the daily Tweezer tops will help with the short, at least down to the bottom of cons, maybe more.

:)
Raj
09-23-2009, 04:20 PM
I have exited with 50 pips...and will wait to see if the cons breaks or not for additional setup.

:)

HAppy Pipping
Raj
11-03-2009, 04:30 PM
daily bull candle from yesterday was tested today. Todays candle could have been a bearish one, but the bulls didnt allow it, so I will look to buy bullish signals on lower tf's....60 chart attatched showing some res fibs to keep in mind along with the trendline.

:)
Raj
11-04-2009, 05:35 AM
We had a nice 240 signal with the tweezer bottoms. Buying the open of the next candle at 81.35 has given over 100 pips...We'll see what happens now as we are at a trendline.

:)

Happy pipping
Raj
11-05-2009, 08:52 AM
The trendline gave a nice bearish candle on the 240 chart for some short pips back to the 618 support, from where a nice bullish candle on the 60min chart has give about 70 pips so far.

:)

Happy pipping
Raj
11-06-2009, 05:27 AM
I'll be watching what happens to my long position at this level, since we are back at that 618 res that the market already sank once from.

:)
Happy Pipping
Raj
11-10-2009, 05:38 AM
Waiting on the breakout

:)
Rob123
12-20-2009, 05:01 PM
We may have some possible short scalps here : 80.41 looks like a strong SR from the past- 1 hr up 38.2 to 138.2 - spike candle on hourly.Last daily swing 61.8 - butting up against the 50sma and on the 4hr below the 200 sma. I'll be watching here anyway,allthough still early.

Rob
Rob123
12-20-2009, 08:14 PM
closed out with profit :)
Raj
02-11-2010, 06:32 PM
Keep an eye on this one, we're at SK resistance


:)