Wednesday, April 22, 2015

AUD HITS TARGETS 4/22/15

AS a follow up to the last post, the AUD performed nicely as if it was following the script.  450 was a target and a break would likely be nice for the bulls.


4/21/15

[06:57] <cm> update on AUD price back above 50cb 45 buy bias also inside target range (chart deleted)


[17:22] <cm> 30m chart AUD still in range will look for a third try on 77450 (chart deleted)

And the follow up:


[21:37] <cm> 30m AUD did try 77450 again and had a nice run note nearly identical 50cb's bear followed by the bull price back in range (chart deleted)


And the charts











Monday, April 20, 2015

AUD and EUR POISED FOR BUYS AFTER SELL OFF 4/20/15

It's been  awhile since the last post.  It is burdensome at times when all you want is some time away from the markets.  But, to keep the intent alive, we get two views today:  the AUD and the EUR.  Both were poised for buyers after selling off.

Post from various financial chats:

[10:09] <cm> EUR buyers
[10:12] <cm> buy interest & stronger buy (chart deleted)
[10:26] <cm> AUD 77225
[10:30] <cm> AUD aggressive buys conservative w/ the 50CB bo (chart deleted)


Sellers were seen to be in a weak position,  Their exits (covering) created a buy opportunity in both currencies.









Up side targets hit but were followed by stop hits.  The expansion for the buyers did not occur,  albeit the upside is still open, 

  If the market moves immediately to your plan, all the better.  If not, take what the markets offer.