Australian (ASX) Stock Market Forum

AUD

May be a small coily forming on the 5 min... butt it coincides with recent highs and also a few stops above 75 are being defended... still it may be a runner...
Cheers
..........Kauri
 

Attachments

  • pic3.jpg
    pic3.jpg
    57.1 KB · Views: 67
May be a small coily forming on the 5 min... butt it coincides with recent highs and also a few stops above 75 are being defended... still it may be a runner...
Cheers
..........Kauri
popped the stops around 75... now to see if it was just a stop run or she goes on with it

Cheers
...........Kauri
 

Attachments

  • pic4.jpg
    pic4.jpg
    57.1 KB · Views: 68
popped the stops around 75... now to see if it was just a stop run or she goes on with it

Cheers
...........Kauri

there are stops possibly just above 9300.. with the usual defence running down just below... interesting to see if she makes a run for them..
Cheers
.........Kauri
 

Attachments

  • pic5.jpg
    pic5.jpg
    44.1 KB · Views: 68
there are stops possibly just above 9300.. with the usual defence running down just below... interesting to see if she makes a run for them..
Cheers
.........Kauri

too early to draw in a possible lower trend/coily line yet, but is worth watching... maybe..
Cheers
..........Kauri
 

Attachments

  • pic6.gif
    pic6.gif
    5.7 KB · Views: 73
too early to draw in a possible lower trend/coily line yet, but is worth watching... maybe..
Cheers
..........Kauri
What originally may have been the start of a flag then looked more like a triangle and now has the look of a right angled parallelogram... these things change their appearance more quickly and more often than Micheal Jackson!!

Cheers
...........Kauri
 

Attachments

  • pic7.gif
    pic7.gif
    5.5 KB · Views: 74
A cup formation ..... in the making from April 11 ?

If so , it would be nice to see a handle that stays above the 200MA pop out for the run up later .
 
What originally may have been the start of a flag then looked more like a triangle and now has the look of a right angled parallelogram... these things change their appearance more quickly and more often than Micheal Jackson!!

Cheers
...........Kauri

Just broken above 93 which off that last candle is very bullish in my view. The bad news flowing would say the cane is likely to come down on the US$ and drive your trend Kauri.
 
Did you trade this Kauri?
The triangle ... yes...
the ledge was too messy for me... have just been stopped out for around 2R... I only generally post, in real time where possible, the setups that I am trading..no challenge in hindsight trades. :D

Hi ithatheekret,
2 sugars?? :)
Cheers
...........Kauri
 
Just broken above 93 which off that last candle is very bullish in my view. The bad news flowing would say the cane is likely to come down on the US$ and drive your trend Kauri.


expect excuses to sell the US dollar to emerge in the next few days when earnings from major financial institutions are revealed with a note from Goldmans yesterday predicting they will be "awful". The USD got some rest yesterday from better than expected US Retail sales data, but the data was in USD terms unadjusted for inflation and once the effects of inflation are taken out, consumers bought less than the previous month.

Maybe once the short EUR/JPY and AUD/JPY positions are covered, the JPY will start to broadly strengthen again due to the fair amount
of event risk this week. Which also doesn't bode well for the $US generally... I thunk..
Cheers
..........Kauri
 
What originally may have been the start of a flag then looked more like a triangle and now has the look of a right angled parallelogram... these things change their appearance more quickly and more often than Micheal Jackson!!

Cheers
...........Kauri


You are a funny man K ........................................................................................ I thunk :D
 
another rectangular parallelogram on the 5 min??? a bit of a ring fence been put up around some expiries at 45..

Cheers
..........Kauri
 

Attachments

  • pic10.gif
    pic10.gif
    10 KB · Views: 62
another rectangular parallelogram on the 5 min??? a bit of a ring fence been put up around some expiries at 45..

Cheers
..........Kauri

and thar she blows.. ;)

Cheers
..........Kauri
 

Attachments

  • pic11.gif
    pic11.gif
    10.6 KB · Views: 62
and thar she blows.. ;)

Cheers
..........Kauri


Tempted to move stop to B/E but our Noram cousins are in in a couple of mins so will leave them a little room... probably not enough.. :(

Cheers
..........Kauri
 

Attachments

  • pic12.jpg
    pic12.jpg
    56.5 KB · Views: 46
Tempted to move stop to B/E but our Noram cousins are in in a couple of mins so will leave them a little room... probably not enough.. :(

Cheers
..........Kauri


Seems like we didn't leave enough room.. down 1/2R.. time to look for the next candidate.. :)
(Stops are always the difficult part of my trades!!) :(
Cheers
...........Kauri
 

Attachments

  • pic13.gif
    pic13.gif
    9.7 KB · Views: 44
Might be one to watch... would seem to be be pretty well overbought at present, so a move either way is possible... pattern is potentially shaping up.. your call..

Cheers
..........Kauri
 

Attachments

  • pic29.gif
    pic29.gif
    10.9 KB · Views: 44
Might be one to watch... would seem to be be pretty well overbought at present, so a move either way is possible... pattern is potentially shaping up.. your call..

Cheers
..........Kauri
a few buyers assembling at 65'ish with an oppie defence at the 50 mark if it gets there...
Cheers
...........Kauri
 

Attachments

  • pic30.gif
    pic30.gif
    9.1 KB · Views: 39
a few buyers assembling at 65'ish with an oppie defence at the 50 mark if it gets there...
Cheers
...........Kauri
65 seems to be holding... maybe a tentative coily on the 5min charts will sort it out.. one way or tother..
Cheers
.............Kauri
 

Attachments

  • pic28.gif
    pic28.gif
    9 KB · Views: 38
  • pic31.gif
    pic31.gif
    11.6 KB · Views: 37
She did enough to close out my longs but not enough to reach where I was looking to possibly reset..yet :) Is shuffling around in a right angled parallelagram on the 5min.. but I don't set much faith in it..
Usual semi-phallacious rumours doing the rounds about earnings due out... mm.. a bad report will drop the dollar and benifet Skip... butt... if the S+P drops also then risk-aversion comes back and hurts Skip...

and incidentally a US investment bank is flogging Skip fromm near 9400 ;)

and the nearest live strikes for NY cut are 9350 and 9400.. whith a relative biggie at 9425...

Such is Life
...................Kauri
 

Attachments

  • pic32.gif
    pic32.gif
    12.8 KB · Views: 19
  • pic33.gif
    pic33.gif
    9 KB · Views: 27
Top