AudCad

[Raj]

Was extremely busy the last few weeks, and maybe for a while, but just wanted to squeeze this in...I have shorted the RT of the crown setup on the 240 chart.

:)

[Raj]

well bulls look like they are in control...if the 86 fib does not hold, i will reverse my position

:)

[Raj]

Im hoping for a pullback to SK for some long pips...keeping an eye on it

:)

[Raj]

Pair is pulling back from 127 res...keep an eye on the SK.

:)

[Rob123]

Hello Raj,Keep an eye out on this to the upside for some possible scalps if we get a candle formation.We have completed our fib move to the downside on the hourly and 4hr looks like.Aud interests rates are still up there compared to the rest of the world.My opinon anyway.

Rob

[Raj]

Hi Rob, good to have you back. I'm watching 9700 level where we have 618 support and trendline. My only concern is the news this evening at 730 est, so be careful with that.

:)

[Rob123]

Hi Raj, Thanks for the info. I never got a clear 4hr candle yet. I'll keep my eye out anyway if something brews. Rob

[Raj]

Hi Rob, hope you got in on this one. Originally got a MS on the 240, which was tested, followed by another MS...I got in at 9730, but its sure taking its sweet time. Im banking at 9800 level where we had some previous cons. I'll look for further entry if we push through the cons.

:)

Happy Pipping

[Rob123]

Hi Raj.I gave up on that one too soon . Good trading and perfect setup. I didn't have one trade this week .Maybe next week :) Rob

[Raj]

OK sir, no worries

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[Raj]

Still haven't broken this previous cons level...if we ever do, it will be a great level to bounce further north upon.

:)

[Raj]

The pair is very much bullish, but also in a potential bearish 240 crown set-up...I'll be watching for possible CF either at current level, or up at the 786 fib level.

:)

Happy Pipping

[Raj]

Nice 80 pips trade taking the 30min bear candle

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[Raj]

coming up to the B low...been slowly falling from that RT since Dec 03...

:)

[Raj]

forgot my bounday fib...keep an eye on that 618 support fib (red line)

:)

[Rob123]

Keep an eye on this one for a possible move to the downside.I just notice we have a false break spike candle on the daily chart plus the 4hr fibs are completed or have been for awhile -also we have one of those wedge or pennant formations on the 15 min chart - One of Raj's favorites :) Take care,Rob

[Raj]

Back at the SK...watching and waiting

:)

[Rob123]

I'm keeping my eye out on the 9400 level here...possibly a short around this area we have a double touch sR around the 9415 areas plus the 61.8 swing is close.I haven't checked the news but will. This is on the hourly chart.A possibilty anyway. Rob

[Raj]

Im watching it too Rob

:)

[Rob123]

Limit order hit and i'm trailing a little ....hopefully go down to my 61.8 level 9336.I'm watching anyway. Everything smells ok right now but we never know :)

Rob

[Raj]

Nicely done Rob, I'm taking my almost 50 pips and banking at the support today on this one.

:)

[pipsqueakr]

you guys are pip monsters!!! :) Congrats

[Rob123]

Hi Raj and Kurt,Closed one positon at support hoping it will go down more but didn't. ...closed out second position earlier.Made a little anyway :) Rob

[Raj]

We're at res on this one...240 closed with TT, and daily closed with a MS, so I think a breakout straddle trade is what I'm going to attempt. Buying 15 pips above the cons, selling 10 pips below. Hope I don't get whipsawed to death.

:)

[Raj]

Straddle worked out quite nicely. I'm banking at the support on this one.

:)

[Raj]

Nice pennant coming to its completion here. Waiting for the breakout.

:)

[Raj]

I missed the 5th wave trade on this pennant, but had a buy today at 94.20 which has given some pips.

:)

[Rob123]

Tweezers bottoms on the 4hr trendline 61.8 ..hopefully it works out. Raj i got my eye out the eur/aud as well. Guys this will br my last post for a good while-have some things come up i have to take care of.Raj thanks for your help .Let you know i have learned quiet abit from you.

Thanks Rob1501

[pipsqueakr]

Sorry to hear that Rob.. have missed ur input... all the best in whatever u taking care of.

[Raj]

All the best Rob, hope to hear from you soon.

:)

[Raj]

Waiting for the breakout on this one...should be soon!!

:)

[Raj]

Im hoping we go back down to support with these TT's

:)

[pipsqueakr]

Looking for previous support to be resistance right here... for a scalp