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Old Sun, 10-15-2006, 08:42 PM   #1 (permalink)
alamanjani
 
Join Date: Oct 2006
Posts: 10
alamanjani
EUR/AUD

Check daily-4hr-1hr......5min chart for EUR/AUD

Two things may happen:

1 - 1.6633 holds here - we have nice rally
2 - if not, then enter again some (estimate) 80 pips lower

So watch if break out of channel at 1.667x that would be nice buy imho
But, since I'm beginner I didn't have enough patience and I was trying to catch bottom.

I got me some here at 1.6653 (10 pips spread grrr) - paper trade

Man, once this one start moving up...
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Old Mon, 10-16-2006, 07:28 PM   #2 (permalink)
alamanjani
 
Join Date: Oct 2006
Posts: 10
alamanjani
My pair :)

Quote:
Originally Posted by alamanjani View Post
Check daily-4hr-1hr......5min chart for EUR/AUD

I got me some here at 1.6653 (10 pips spread grrr) - paper trade
Why noone likes my pair:

EUR/AUD - Long
EUR/AUD - Long

LOL lol

But joke asside, would someone with experience comment? If is not buy, why not? I know I'm missing something, since I'm total beginner. I'm only looking chart, so who knows what FA is here. But daily chart looks like way oversold.

Now this doesen't mean that it can't go lower of course, but here should be good support and if holds, then we should see few hundred pips, right?

I'm asking for experienced comment. Probably the best would be here waiting while chart is basing until it break out. If break up, then load up.

I decided to speculate and I aded more to earlier possition.
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Old Wed, 11-01-2006, 11:49 PM   #3 (permalink)
alamanjani
 
Join Date: Oct 2006
Posts: 10
alamanjani
Didn't work out

Well, I was wrong. Chart was oversold but since then it got even more oversold. I guess, only eyeballing chart will not do it

Good we (beginners) have demo acount's to train and learn.

(but I will watch pair Eur/Aud like a havk for any signs of reversing trend)
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