Closing AUD/USD Long trade

I'm bearish on equities so it's wrong to be bullish AUD/USD at the same time. Taking some profits. There are some key levels to watch and maybe I'll put longs back on, but I doubt it. Out at 1.01050

AUD/USD - Buying on Weakness

Here's a daily chart of AUD/USD. I believe it's finishing a 4th wave triangle and I will be buying for longer-term on short-term weakness. I have buy orders in at 1.00100 and .99950 which are the 50 and 61.8% retraces of the last move up on a 15m chart. Good luck!

Russell 2K Daily - Upside target 845

I was working on my R2K count this morning and came up with an upside target around 845. I will fully unload short positions at that area if the waves are telling me to do so. Looks like we should see some weakness for wave iv of 5 before the final thrust higher in v of 5 of i of 3. I don't expect the pullback to be overwhelmingly strong since we are in a wave 3 up so I'll watch the waves to exit this position. Here's the chart I was working on.

SP-500 Where are we?

I have us in the final up move of i of 3 up. Looking at the hourly chart I only see 2 options with limited upside in the near term. I think the market will probably top on Thursday, February 17th then make a final low in June before the DJIA and SP-500 go up to challenge the all-time highs. Here is the hourly chart:

***NEW TRADE UPDATE*** Bought USD/CHF at the open .95675

I bought 5 lots, 50,000 shares, of USD/CHF at the gap down open today.

***NEW TRADE UPDATE*** Going Long AUD/USD @ 1.00600

I believe this was a 4th wave correction so we can set a tight stop-loss at 1.00285 so we're only risking 32 pips here with a potential profit of around 400. That's a pretty good risk/reward setup in my opinion.

Good luck!

***TRADE UPDATE*** Closed AUD/USD long @ .98900

Too much ambiguity and seems the market can't surpass 1246. Although it's game in the past has been to gap over resistance, so a gap up Monday wouldn't surprise me. First trade of December worked, and that's good enough for me.

***TRADE UPDATE*** I'm back and opening an AUD/USD Long @ .98500

I've had fun ice fishing in December and have yet to make a December trade! 30% in November I thought I could take a little time off. I'm opening up an AUD/USD long at .98500 with a tight stop-loss on this trade at .98280. If I/we get stopped out I'll look for a better entry later. Only risking 22 pips, so no big deal.

SP-500 30m Preferred Count

Here is my preferred count at the moment. Looking to buy weakness down to 1212 area.

***TRADE UPDATE*** AUD/USD Taking profit

Looks like the upside before the correction is limited here. Selling @ .99000