AUD

[Kauri]

Strong defence around the 88 mark... might be an option barrier lurking??? can't wait around any longer to see so alarums set and off to the scratcher...
Cheers
.........Kauri

 

[Kauri]

Closed out.. alarums off...will watch for a successfull assault on 88 for another entry... :sleeping:
Cheers
........Kauri

 

[Kauri]

Woke up this morning to find myself holding another short... seems the late US sell-off, on-going carry trade unwind, and lower commodity prices might have done the damage??
Cheers
........Kauri

 

[Kauri]

Woke up this morning to find myself holding another short... seems the late US sell-off, on-going carry trade unwind, and lower commodity prices might have done the damage??
Cheers
........Kauri

Have closed out the short for a small gain... put it in the scalp basket I guess, although so far as scalps go this one had precious few hairs on it...
...
everyone in the financial media seems to now think the skippy is doomed... so I wouldn't be surprised to see her bounce and or consolidate a tad.. Amazing how these financial commentators only a short week ago had..
the skippy at parity
the ASX at 7000+
gold to $1000
oil $100+
and now have without turning a hair lined up on the opposite side of the fence.. What a difference a day makes..
Cheers
........Kauri

 

[Kauri]

Testing what I see as the W4.. if it moves decisively into it it may indicate that we are into a W2orB...
Cheers
........Kauri

 

[Kauri]

Once I map out the minor moves they invariably fall apart, but for what it is worth.. ???
And yes, a day does make a lot of difference, but there is not much worse than getting caught short...
Cheers
.........Kauri

 

[Kauri]

Have gone long looking initially for the possible a=c.... also the overall correction may just be complete at 8750ish.. a bit shallower than anticipated but signs of a bullish market if it has??? will be watching the effect of bullish asian markets on her today for more clues...
Cheers
........Kauri

 

[Kauri]

Have closed out for a small gain... off to the dentist to get a crown done (wife reckons a Tiara would suit me better ) .. will reassess when I return...
Cheers
.........Kauri

 

[ithatheekret]

Even the oil options didn't abate the fall , and they wobbled last night , but it was a doozy of a drop . I wasn't game to ride it down , due to the round up of options last night . Euro has been good fun though .

 

[Kauri]

Right on cue Skippy has spotted a Roo shooter in the bushes... will wait for a swing to confirm before taking aim... ( I have a medium term upward bias) so this may just be a sucker move... maybe...I think....
Cheers
.........Kauri

 

[soso]

Daily EW.

 

[Kauri]

looking for 8970,Wa, to fall, until then it is still in the c wave...
Cheers
.............Kauri

 

[Kauri]

set stop a couple of points south of B/E, in case the US goes back into last hour rally mode, alternative count (hindsite one) on 4Hourly.... now back to the scratcher for a couple of hours kip...
Cheers
........Kauri

 

[Kauri]

Still in two (or more) minds over where she is headed at the moment... if she breaks 8987 I'm in the long camp, otherwise I'm staying in my shorts. Nikkei not giving much direction at the moment...
Cheers
.........Kauri

 

[Kauri]

Think it is a touch clearer... just wiped off half of the labels and stood back,, gone short at the moment, but cautiously waiting to see the big ticket anns tonight and which way they push us.
Cheers
.........Kauri

 

[Kauri]

Has got through, just, the W1=W3... now looking for the 1.62% at around 88.... gold and the metals complex overnight are on my side, as well as the Dow...
Cheers
.........Kauri

 

[ithatheekret]

I was looking at Skippies chart going back to the Reserves intervention in August . Since then , it has fallen through the crack in the floorboards and with the current chart setup over the last few days , it looks as though it has a little further to fall . I see a slight head and shoulder set up which could see us testing 87.30 ,

With the otherside of the carry trade currencies like the Swissie and the Yen , both showed weakness .

The Yen which has set off alarms looks ready to test 110.05 . Although there are support levels at 110.30/35 , which seem to be a rescue . I used the 50 point pivot directed at 109.85 - 110.85 , noting that the oscillators were falling .

The Swissie looks as if it is recovering from being oversold and is at the coal face , trying to pick its way through 112. with resistance around 112.8 .
The support level at 111.80/90 looks to be etched in marble , but I can see another in the high 109's ........ let's hope it isn't tested , again oscillators were falling .

 

[Kauri]

added to short... not sure why...
Cheers
.........Kauri

 

[Kauri]

added to short... not sure why...
Cheers
.........Kauri

And all closed out as stop hit... no gain on that move..
Cheers
..........Kauri

 

[Kauri]

Am running with a short from the top of the 4Hr channel... tight stop..
Cheers
..........Kauri