Thursday, May 27, 2010
Hedge closing orders
I m moving the stop on the hedge to the break event ,, so if the AUD / USD comes to the break point back to 83 , then close the hedge with 0 profit or loss ,, just wanna protect the trade ,,, i m seeing a big resistance on 8450 on the AUD/USD but the s&p 500 didnt break the recent high yet , in other words its lagging behind , wanted to see it at one of the key levels i pointed in the chart when the AUD is at 8450 ,, anyways ,, i m watching the market closely for possible action
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Hey Jesus nice blog, I just shorted Aud/uds at .8450. Nevere took your initial trade just came across this blog. Is the take profit still the low for the year at .8071? Still awaiting your update on the s&p.
ReplyDeleteJust looking around at the 2 pairs and just do not see and likely strong resistance to turn them around.
ReplyDeleteI was wondering what you see as likely spots for the 2 pairs to turn south.
well Anonymous , its very clear on my charts where i m expecting resistance ,, the arrows r not just thrown on the charts there ,, its pointing on the levels ,, resistance zone in AUD/USD ( 8450-86 )
ReplyDeleteand for u SUBWAYSUCKS , u shouldnt have jumped in without my confirmation for the second and last short position , i said in my comment that i ll be watching how the aud and equity charts work together to find a top ,, and i said i ll alert everyone when i get the signal ,, wait for my confirmation next time
cheers