Raining pips April edition

im in jpy 9293 long...and it took off right after i hit submit order...thats a first

Well you have a good shot at it making a quick 30 pips..

They dont let the USM fall below 50 without buy programs to support it.

yeah its beyond funny at this point...but hey i guess dow 11k mean we well on our way to full recovery

this push has put JPY right in the middle of several MAs on all different times...i took one lot for profit gonna let the other one ride...dollar index putting up a fight trying to get back to 81...im gonna take my nap now...

GL the rest of the day fellas i got tonight off so ill be around tonight after family time is over..10pmish

Sounds good, lets see if they roll over the markets..I side in the "very doubtful" camp.

I thought youd say that

Need a close below 13554[40 MA] on EU today and that should push it lower to close the gap,the 20 MA sits at 1.3495 last weeks close on the PIP...

i think AUD is gonna pop higher here....buying one lot 9283

buck,

Intel up in after hours, SPX futures up in after hours.

Risk ON so far tonight.

Looks like i shouldve went with 2 a bit late now but its good to see the charts go my way....it looked good and was crossing on the 4hr and didnt have to move much to cross over the 20MA...add to that the trend line id drawn on the chart from the last few weeks that worked as resistance had become support once we cleared the 9250s

 

Wall looking over my AUD chart...draw some S/R lines we are at a price that should act as res here..draw line from low 3/26 and low on 4/6 im seeing around 9316ish...its held to this point im out of my long might jump back in on a close above it...9291 is 40MA on the 2hr...lets see how this plays out

Good grief the EU.Yen and the LB.Yen are on the serious move tonight as is the Eu.Us..

They love the risk trade..this is crazy for sure.

Drawing a support line for those days seems tough because if goes from quite steep (from the 26th to the 6th) to very flat from the 6th to the 13th..

A better line is from the low on March 31st connecting the bottoms.

I still like this line though even if it doesnt hold it wouldve been good for a one touch trade..i got lines everywhere on this chart...we'll see where she goes here it had a short spike up but its been pulled right down around my #....

Well it is risk on, so I doubt the AU will be dropping any time soon.

I know what ur sayn i just have to obey the rules...if it closes below this line im going....ill chase it up to 94 res and get it back with some extra cheese

I put some lines on the XAU/$ and there is already an up channel for gold to follow from lines that were S/R b4...looks like it tested the top at 1170 maybe coming down to 1130....

The XAU has to move a ton to make a reasonable return..I would need an extreme crash to interest me in trying there.

Im watching this pair aswell now looks good

buck where is the next resistance on aud/usd ??

i would say up around 9360...looking at daily res levels from forex.coms research they have R1 as 9380...based just on trend lines though id say shell slow down in 9340-60 zone...once breached any fails to close in/above these levels may temp me to sell

Im not looking to dabble in that pair but AUD should follow this pairs movement..

buck have you jumped in this one yet ??

i jumped in 9320 

I was in the pair at 9283 from earlier today but i got out...it looks strong to me...getting mixed signals from the charts though???Forexinsider just mentioned GOLD 100MA...its already above it according to my hr chart but if gold pushes forward so will AUD

Im back on days tomorrow so ill be going to bed here soon but id say watch the next few candles in GBP on shorter charts any close below MA could open the door for a move to 153 again...but that also depends on if EUR holds its ground or not...i look for the pair to fill that gap sooner rather than later so if it plans on pushing forward id think we see a dip first....just my thoughts not to say we wont see 138 b4 135 again

Look at the 4hr Pap for xau/$........you got the 20MA at 1157.64 and the 40 MA at 1148.44 a close of this candle,which wont be here until 4am will give you your next target in AUD...up 9360-70 down  9270-80 cluster of MAs in that lower range

Im out for the night boys GL...im taking my laptop with me there should be some pips up for grabs with the data release at 830

You guys gonna trade the news this morning?