Doomberg's back... long "again" this time AUD/USD

darktone

Veteren member
3,986 1,041
Ok i'm in at 8931 with a stop at 8831 (below the 2 year low) Who's with me :clap:
Wish you all the luck mate but I think its likely youre gona get stopped. D1 is still down to my eyes.

GL
 

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Doomberg

Established member
960 75
Cheers Darktone, where would you have your stop if you did this trade?
 
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darktone

Veteren member
3,986 1,041
Cheers Darktone, where would you have your stop if you did this trade?
Honestly i wouldnt have a clue as I dont use stops per say, i like to manage things with limit orders.
If i had a gun to my head on audusd right now, id be short, probably with a limit target near your stop :eek:

edit: If could wait for D1 to turn up id be long with you though (y)
 
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C

cablemonster

0 0
Ok i'm in at 8931 with a stop at 8831 (below the 2 year low) Who's with me :clap:

lol. I loaded up short earlier today when I got the news, big profit already locked in. I take it you read the news today about what the governor said and also the PM in retort. :p
 

Doomberg

Established member
960 75
Come on guys less of the Doom-and-gloom, we all know i've found "The Bottom" here :clap:
 

Doomberg

Established member
960 75
Ok we touched the bottom of yesterdays lows, i have added 2 more positions of £10 per point, one at 8921 and one at 8915... both the stops are at 8882.5 (if this area is breached then the trend is probably going down anyway) so i have moved my 1st stop to 8880 (this always f.cucks me over) but it takes some risk off the table and i now have £30 a point for just 25% more risk. Who knows, this could be a fairy tail

:clover::cheesy:
 
C

cablemonster

0 0
Ok we touched the bottom of yesterdays lows, i have added 2 more positions of £10 per point, one at 8921 and one at 8915... both the stops are at 8882.5 (if this area is breached then the trend is probably going down anyway) so i have moved my 1st stop to 8880 (this always f.cucks me over) but it takes some risk off the table and i now have £30 a point for just 25% more risk. Who knows, this could be a fairy tail

:clover::cheesy:

GL I exited my shorts. :)
 

timsk

Legendary member
7,345 2,136
If you really want to make a few shekels then fade Doombug imho

:LOL:
No offense D', but I've taken Pat's advice and have a pending stop sell order for all I'm worth @ 0.89089. Apologies if I've written that incorrectly, but I'm a rank newbie when it comes to this FX malarkey.
:LOL:
Tim.
 
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Forexmospherian

Legendary member
39,928 3,300
Hi Doomberg

AU - as I see it as an intraday short term ( follow every pip ) trader is as follows

New low from yesterday today at 8908 ( clue - but could be false)

2 LH's at 8962 and 8949

So intraday scalpers theory - under 62 and even 49 we should drop again - but strong supports at the big number area at 8900

As you say then under say 8880 - we are falling further

Above 8962 / 65 we may try 9000.

Meanwhile I am scalping both ways - ie scalp sold in 40 area and out at 17 /20 and now scalp buying looking for sells again under 49 first - and if not then under 62.

Would I hold a "free trade" on - yes under 8900 maybe - but for now we have a 100 pip approx range - just to take pips off the table both ways

GL

Regards

Forexmospherian
 
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Forexmospherian

Legendary member
39,928 3,300
Coming up to 4 00pm UK time on that great day - Friday 13th ;-) and its up at 8957 - getting near to 62 high -

Will it or won't it ?? ;-)))

GL to you Doomberg
 
 
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