Idea Origination

EURAUD seems to be in a choppy range.... makes for great trading.

 

GBPAUD Now time to shorts Major
I did at 2.11 with stop at 2.1412 Trail with 70 pips
Target much lower then 2.002
Maybe 1.9780
The chart draws the road map for it
near the red at date given then short it
Near green then Long it

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2272453>

 

OK Sorry about that I Just read it..Thanks

 

Could be another range-bound day. Unless EUR/AUD breaks 1.9950 possibly.
AUD/USD has good support at approx .6420 for now also.

 

EURAUD short

Trendline and 25x5 containing trend.

 

As a side note GLD looks to be breaking out as it's in an upward-trending range with a bearish head & shoulders which has been busted.

 

If TL break holds I'd go long to ~2.03+

 

If you're not long yet now would be a good time as EURAUD is above 2.00.

 

Following up on Gold, price needs to break ~920 to the upside by January 31 for a confirmed breakout. If it fails and shows weakness this may be a good time to short.

 

Hi

RBNZ rate decision tomorrow 100pt decrease expected. Looks like its been sold on all rallies this week. Hopefully there will be an attached graph showing multiple resistance around 5350.

I'm short from 5325 stop 5375.

Cheers