Thread: AUDCAD

1 Attachment(s)

Originally Posted by ;

Just shorted AUDCAD @ 9489, Cease 9540 for the following reasons:Weekly chart shows downward trend. Major resistance above current price on daily. Damaged uptrend line on daily on retracement from weekly chart. Intermarket relation with gold testing 40 day ema at 1135. Negative RSI divergence on 3-hour chart. View my charts at http://www.quantisan.com/paper-trade...489-stop-9540/ (sorry, too many to post here)

Brief as well but slightly different explanations.

Double resistance from weekly lows at 9540.
PB false break.
https://www.forexforum.co.za/general...ent-banks.html

Dont mind me ... im the bull in the room. Long term
due to the divergence between technicals and fundamentals and mortality rate divergence coupled with my personal mix of index of leading indiors/ yeild spread divergence ... search for top to become support.

Originally Posted by ;

dont mind me ... im the bull within the room. Long-term
due to the divergence between technicals and fundamentals and mortality rate divergence coupled with my private mix of index of leading indiors/ yeild disperse divergence ... search for top to become support.

You have been correct on that. How much do you think it will go...??

cheers

Originally Posted by ;

You have been correct on that. How far do you think that it will go...??

Cheers

well I dont dare presume to know the specific future but if I had to guess id hold this sucker ago 1.00 simple if the canadians maintain there overnight rate at .25 percent as I expect it will until the 2nd quarter of 2010 due to the fact canadian bank came and stated that and the CPI is holding steady the australian trend would be to rais rate and with the widening divergence along with the power of the international fisher influence into 2nd quarter 2010 along with also the steapest Yeild curve divergence in history we can presume risk shooting will probably be at an all-time high and push the price well above 1 dollar. . And we also have emotional presures coming from the reduced which will probably cause another wave for a failed reduced and also the new microtrend to form to push the prices higher and I will try to accumulation commerce that.

1 Attachment(s) hello;

Interessting.
The technical analysis reveals something else.
What do you consider this daily chart.

Cheers

[IMG]file:///C:/DOCUME~1/imran/LOCALS percent7E1/Temp/moz-screenshot-2. png[/IMG]
https://www.forexforum.co.za/general...ly-target.html

1 Attachment(s) My most important perspectives are represented in my fundamental readings...

But here is my fundamental TA as it relates to my fundamental readings...

I apply fundamentals first ... Emotional second... then Technical variables...

The green X I consider a fantastic buy zone and that I usually will buy at the white dashed lines to slingshot my place in path to the fundamentals with reduced risk when ive established a long term place based on fundamentals Ill increase or decrease exposure to the market and utilize my long term position as a buffer....

Crimson is when fundamentals should have shifted or place has to be reconsidered.

That the Thick yellow is where I adjust for volatility and try to understand the underlying market plogy to make my entry places...

that the zig zag yellow is how I expect price to travel but shouldnt be considered near accurate... blue is how I expect the breakout to look and change the resistance into service....

I expect that near the date of this fracture mid february to mid march... the interest rate differential will widen and power that the fracture and continue to grow in leadership... as demand increases for its carry and risk appetite raises...
https://www.forexforum.co.za/trading...ar_serbia.html

Anyone exchange this?

Sorry diasgree.

aud/cad is going downnnnnnnnnnnn!

Originally Posted by ;

anyone else trade this?

Does not look like it, this currency pair seems dead in terms offorexforum.co.zamembers trading it...

Yup I like it good yeild. . I Dunnooooo about it moving down resembles theyl be raising rates