Comments on: AUD/USD: I really hope that wasn’t the bottom yesterday https://fxww.com/audusd-i-really-hope-that-wasnt-the-bottom-yesterday/ The Professional Source Thu, 13 Jun 2013 05:23:30 +0000 hourly 1 By: SFellner https://fxww.com/audusd-i-really-hope-that-wasnt-the-bottom-yesterday/#comment-22880 Thu, 13 Jun 2013 05:23:30 +0000 http://381c099c8f.nxcli.net/?p=8509#comment-22880 Likewise, I took some longs at 0.9360 but scrapped them when it looked like the bottom might fall out of the market. I can only blame myself for this though. Hoping to see the 93c level again as it seems like it’s respecting the downward channel for now.

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By: Papillon https://fxww.com/audusd-i-really-hope-that-wasnt-the-bottom-yesterday/#comment-22820 Wed, 12 Jun 2013 20:12:57 +0000 http://381c099c8f.nxcli.net/?p=8509#comment-22820 In reply to Sean Lee.

Fortunately, I haven’t jumped in this morning. I have waited for the pullback and then we spiked up at 1.4050 😉

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By: Andras https://fxww.com/audusd-i-really-hope-that-wasnt-the-bottom-yesterday/#comment-22775 Wed, 12 Jun 2013 11:26:03 +0000 http://381c099c8f.nxcli.net/?p=8509#comment-22775 Retail traders long from 9440-50 maybe price back to this area.

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By: Sean Lee https://fxww.com/audusd-i-really-hope-that-wasnt-the-bottom-yesterday/#comment-22761 Wed, 12 Jun 2013 08:31:07 +0000 http://381c099c8f.nxcli.net/?p=8509#comment-22761 Good to hear from you again Ray. Yep, still here, can’t help myself 🙂 Love the adrenalin rush of the mkt especially when its moving. Still chasing that elusive retirement trade 🙂

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By: Papillon https://fxww.com/audusd-i-really-hope-that-wasnt-the-bottom-yesterday/#comment-22760 Wed, 12 Jun 2013 08:29:06 +0000 http://381c099c8f.nxcli.net/?p=8509#comment-22760 We chase risk reward. I am going to try out it.

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By: FxDrive https://fxww.com/audusd-i-really-hope-that-wasnt-the-bottom-yesterday/#comment-22759 Wed, 12 Jun 2013 08:23:50 +0000 http://381c099c8f.nxcli.net/?p=8509#comment-22759 If you get a re-test you can jump in , on the other hand the hammer pattern can be traded easily with a stop below the low ( +/- a few pips for stop hunting ) and build it on intraday signals. As for turning from bearish to bullish , the aussie does that often check daily on March 2013, Oct and Sept 2012 , June 2012 , Oct 2011. If a signal is given is usually a high probability with the AUD.

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By: Sean Lee https://fxww.com/audusd-i-really-hope-that-wasnt-the-bottom-yesterday/#comment-22758 Wed, 12 Jun 2013 08:18:24 +0000 http://381c099c8f.nxcli.net/?p=8509#comment-22758 Has possibilities Papillon for sure. That’s what I spend my whole day doing, looking foir these potential developments. Maybe only 1 oin 5 actual develops into anythg promising but they give great trade opportunities with excellent risk reward

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By: Ray https://fxww.com/audusd-i-really-hope-that-wasnt-the-bottom-yesterday/#comment-22757 Wed, 12 Jun 2013 08:17:35 +0000 http://381c099c8f.nxcli.net/?p=8509#comment-22757 Hi Sean,

How are you? I like reading your posts back at forexlive and like the way you share your knowledge/experience. I thought I’d never hear from you again until I found out that you’re still posting things here. Again, thanks for sharing and have a great day!

-Ray-

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By: Sean Lee https://fxww.com/audusd-i-really-hope-that-wasnt-the-bottom-yesterday/#comment-22756 Wed, 12 Jun 2013 08:16:36 +0000 http://381c099c8f.nxcli.net/?p=8509#comment-22756 Exactly Drive, maybe just start building smalls but I can’t imagine the AUD turning from bearish to bullish overnight so surely will get more chances ?

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By: Papillon https://fxww.com/audusd-i-really-hope-that-wasnt-the-bottom-yesterday/#comment-22755 Wed, 12 Jun 2013 08:11:48 +0000 http://381c099c8f.nxcli.net/?p=8509#comment-22755 http://img571.imageshack.us/img571/3096/euraud.jpg

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By: FxDrive https://fxww.com/audusd-i-really-hope-that-wasnt-the-bottom-yesterday/#comment-22754 Wed, 12 Jun 2013 08:11:24 +0000 http://381c099c8f.nxcli.net/?p=8509#comment-22754 Sorry to hear about that Sean, it was bound to happen.On the hourly charts there is a small h&s pattern with a neckline at 0.9480 , maybe after this break you can look to buy a potential re-test of neckline ??

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By: Papillon https://fxww.com/audusd-i-really-hope-that-wasnt-the-bottom-yesterday/#comment-22753 Wed, 12 Jun 2013 08:09:06 +0000 http://381c099c8f.nxcli.net/?p=8509#comment-22753 We could have top formation on EUR/AUD with the neckline at 1.3955 ?? If we break this level it could be a good opportunity to sell the pullback with tight stop for example : Sell one unit at 1.3955 SL above 1.4000 ???

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By: gus https://fxww.com/audusd-i-really-hope-that-wasnt-the-bottom-yesterday/#comment-22752 Wed, 12 Jun 2013 08:04:24 +0000 http://381c099c8f.nxcli.net/?p=8509#comment-22752 Hi Sean, same here, I also thought of buying AUD yesterday but the bear trend seemed so strong … I actually bought at 0.9390 but let it go at B/E after it dropped from 9440. Here’s hoping for another chance …

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