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Re: boca_bobby post# 130430

Thursday, 09/11/2014 5:52:33 PM

Thursday, September 11, 2014 5:52:33 PM

Post# of 140146
How goes it bobby?...I have missed a lot of runs by saying hands off as they reach crazy levels but could feel good about not taking the risk..U/J is one thats now entering the area I spoke of and frankly this huge thrust thats pushed to over 107 smells like everybody and his dog are piling on...THAT tends to mark market tops that are nearby so I wont touch that sucker til it begins normal market cycles.A/U is IMO trading like an .89 area may be a target but then if the dollar bulls start flipping the move down for USD should be rather dramatic..if EUR/AUD gets toppy at the same time then A/U might have a really nice recovery.As it stands A/U and NZD/U are still getting hammered by the US dollar and Euro both..I could well be wrong but I think soon I will be starting to take longs on both AUD and kiwi as soon as I even smell a consolidation on those two...they both give too good an interest figure to pass on ...I love the interest even if my trade isnt quite up to snuff.If consolidation(when it happens) fails I will simply add the next time it consolidates.One of those levels will give me the goose laying the golden egg riding them in uptrend and interest yield to boot!

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