AUD/USD

[>Apocalypto<]

Oops, sorry about that confusion. There's the normal Bollinger Band and a couple other MA's and HMA Russian tinkered a bit for different time frames and purposes.

Some are not relevant on the weekly chart as I just converted my daily chart to a weekly to better illustrate the larger picture EW point, and haven't adjusted the 'period' in some accordingly.

Not same info duplicated, more like same info formulated a bit differently. I suppose you could say that collectively it's my attempt at a variation of a rainbow chart.

whatever helps you to see the market and profit is the right way for you Whiskers!

 

[acouch]

morning all
Monday's road map
have a great day
ac

 

[acouch]

morning all
today's road map
have a great day, and good trades
ac

 

[acouch]

morning all
today's road map
have a great day, and good trades
ac

 

[acouch]

morning all
today's road map
have a great Easter and take care
ac

 

[Whiskers]

Well, big picture still looking good. Aught to go south with avengence soon.

Hey ac, I see those circle things are getting pretty close together. Is that a reflection of the relatively narrow range lately and suggestive of anything in particular?

 

[ThingyMajiggy]

Well, big picture still looking good. Aught to go south with avengence soon.

Soo...now that its gone nearly 100 pips against you, whats your say from here?

Or were you joking? Post was on April 1st after all.

 

[Whiskers]

Soo...now that its gone nearly 100 pips against you, whats your say from here?

Or were you joking? Post was on April 1st after all.

Yeah, fundamentally I'm still staying with the bigger picture down trend for the time being. The US is a bit more lethargic than I thought a few months ago about their economy improving and interest rates rising... or maybe it's ours that is too artifically stimulated in the short term.

Three waves down from 'd' then a bigger reversal than I expected was a bit of a worry, but it may turn out to be a 3, 3, 5 Expanding Flat for wave 'e'.

Overall I just get a sense that the US sharemarket probably needs a bit of a correction/spell anytime now, then the money might start flowing back into the US picking up bargains ahead of interest rate rises and a stronger economy.

If I was a market manipulator, that's what I'd try to do anyway.

 

[acouch]

good morning all
today's road map
have a great day, and good trades..
ac

p.s whiskers..no the map stays pretty much the same, but perhaps i squeeze it up a bit
more when i load it

 

[Trembling Hand]

Yeah, fundamentally I'm still staying with the bigger picture down trend for the time being.

What down trend is that Whiskers? The AUD is probably the strongest currency around at the moment (& the CAD). Its clearly in an UP trend.

The only AUD pair not breaking out is the AUDUSD because of the recent relative strength of the USD.

 

[MRC & Co]

Overall I just get a sense that the US sharemarket probably needs a bit of a correction/spell anytime now, then the money might start flowing back into the US picking up bargains ahead of interest rate rises and a stronger economy.

Bargains in what?

 

[acouch]

good morning all
today's road map
have a great day, and good trades
ac

 

[Whiskers]

What down trend is that Whiskers? The AUD is probably the strongest currency around at the moment (& the CAD). Its clearly in an UP trend.

The only AUD pair not breaking out is the AUDUSD because of the recent relative strength of the USD.

Still (in big picture) down from last Nov and Jan highs... but as I say the recent bit of a surge is a bit of a worry to my forcast, unless it pans out as an Expanded Flat which would see it retreat to the low 80's with some vigor.

There is stil a bit of MACD divergance and the March low over-lapped the Feb high, which isn't indicative of a strong impulse attempt to go higher soon.

Bargains in what?

Equities primiarily, by comparrison after a sell-off, as apart from a pure technical correction or spell being due imo, some companies around the world have paid extraudinarily high dividends compared to past years even when making a loss last year.

 

[acouch]

morning all
today's road map
have a great day, and good trades
ac

 

[acouch]

morning all
Monday's road map
have a great weekend and take care
ac

 

[>Apocalypto<]

Still (in big picture) down from last Nov and Jan highs... but as I say the recent bit of a surge is a bit of a worry to my forcast, unless it pans out as an Expanded Flat which would see it retreat to the low 80's with some vigor.

There is stil a bit of MACD divergance and the March low over-lapped the Feb high, which isn't indicative of a strong impulse attempt to go higher soon.



Equities primiarily, by comparrison after a sell-off, as apart from a pure technical correction or spell being due imo, some companies around the world have paid extraudinarily high dividends compared to past years even when making a loss last year.

Whiskers,

you still a seller?

where's your exit point? it's looking like moving up again.

 

[acouch]

evening all
just a updated rm..
ac

 

[Whiskers]

Whiskers,

you still a seller?

where's your exit point? it's looking like moving up again.

I'm on the side lines atm Apocalypto. I have conflicting messages for the bigger picture in particular so I reckoned it was time to have a few days off doing some painting and garden clean up to completely clear my mind.

The current high looks like another minor 'iii' up in which case it's an equidistant a, b, c and about the max spot for an Expanding Flat... however the alternate count would be a regular a, b, c complete at my 'c' and where my 'd' currently is would be a '3' wave up in which case, being a diag triangle, it could go one minor leg higher or already have started a larger degree correction probably back to the high 80's.

However, I'm re-analysing FA data, but in the meantime I still slightly favor my earlier scenerio albeit it's getting a bit stretched atm.

PS: That was a pretty good looking Evening Star (I thought) on the weekly chart at the 'd' high. I've seen them fail ocassionally on lower time frames but I've not recalled a weekly one failing... but if it turns out to be the start of an Expanded Flat...

 

[acouch]

good morning all
today's road amp
have a great day, and good trades
ac

 

[acouch]

good morning all
today's road map
have a great day, and good trades
ac