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EUR/AUD

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  • Post# 1
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  • First Post: Oct 8, 2008 1:24am
  • Billser
    Joined Jan 2007 | 712 Posts | Status: Member
Does anyone trade this pair and if so any thoughts on it.

It's daily range is amazing.
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It's All About Attitude ...:peace:
  • Post# 2
  • Quote
  • Oct 8, 2008 1:30am
  • split_unit
    Joined Jul 2008 | 620 Posts | Status: Building Bridges
this pair has exploded...it has rised over 2000+ pips to this min from the begining of the week.
It's warmer in the crowd
  • Post# 3
  • Quote
  • Oct 8, 2008 1:37am
  • Billser
    Joined Jan 2007 | 712 Posts | Status: Member
700 pips in 29 minutes and still climbing
It's All About Attitude ...:peace:
  • Post# 4
  • Quote
  • Oct 8, 2008 5:01am
  • Rabax
    Joined Nov 2006 | 419 Posts | Status: Member
That's just crazy.

The world is crashing.
Greed and impatience are our greatest enemies.
  • Post# 5
  • Quote
  • Oct 8, 2008 9:29am
  • ziko123
    Joined Apr 2006 | 388 Posts | Status: Member
the weekly chart looks so funny
3000 pips this week
  • Post# 6
  • Quote
  • Oct 8, 2008 12:19pm
  • Billser
    Joined Jan 2007 | 712 Posts | Status: Member
over 200 pips this morning......
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It's All About Attitude ...:peace:
  • Post# 7
  • Quote
  • Oct 8, 2008 4:06pm
  • scexglobal
    Multiple Usernames | 138 Posts | Joined Jan 2008
Spreads on this thing are crazy: 20 pips on IB (IdealPRO)
  • Post# 8
  • Quote
  • Oct 8, 2008 6:05pm
  • Billser
    Joined Jan 2007 | 712 Posts | Status: Member
IBFX has been 8 pips most of the time.....

Quoting scexglobal
Spreads on this thing are crazy: 20 pips on IB (IdealPRO)
It's All About Attitude ...:peace:
  • Post# 9
  • Quote
  • Oct 8, 2008 11:09pm
  • The Jedi
    Joined Mar 2007 | 619 Posts | Status: A jedi seeks no title
Thanks to this thread I took a peek at the pair, saw an easy setup, and within 45min was 213 pips richer. Thanks gang!

Edit: I had to size this down by quite a bit since my monitor is dual 22" LCDs for dual 1680x1050 desktops, so I cropped the chart info. 4hr chart. My own custom indicator built off of Vegas' from long ago.
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Never underestimate the powers of the Force.
  • Post# 10
  • Quote
  • Oct 8, 2008 11:34pm
  • Billser
    Joined Jan 2007 | 712 Posts | Status: Member
Congrats Jedi...I hope you had bigger lots on than mine.....either way glad you made some money....

Looks like this bugger is going to retrace a bit....although having said that it could rebound at any moment for another 500 pips...lol

Happy trading.

Quoting The Jedi
Thanks to this thread I took a peek at the pair, saw an easy setup, and within 45min was 213 pips richer. Thanks gang!

Edit: I had to size this down by quite a bit since my monitor is dual 22" LCDs for dual 1680x1050 desktops, so I cropped the chart info. 4hr chart. My own custom indicator built off of Vegas' from long ago.
It's All About Attitude ...:peace:
  • Post# 11
  • Quote
  • Oct 8, 2008 11:36pm
  • Billser
    Joined Jan 2007 | 712 Posts | Status: Member
What was your entry....was it the inside bar?

Thanks,

Billser
It's All About Attitude ...:peace:
  • Post# 12
  • Quote
  • Oct 9, 2008 12:03am
  • The Jedi
    Joined Mar 2007 | 619 Posts | Status: A jedi seeks no title
Quoting Billser
What was your entry....was it the inside bar?

Thanks,

Billser
Nope, it was the indicator that I posted. The double pin bars just made it all the more sweeter. It was similar to the massive support that formed up on the GBP/USD 4hr chart last night (that I molested as well). All it takes is one good solid break, and BAM! I'll post the full screenshot of the view.

BTW, just clocked another quick one when I saw that it decided to continue down. Another easy 33 pips. Not much, but that's almost 250 off of one pair in an hour. Hooray market volatility!
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Never underestimate the powers of the Force.
  • Post# 13
  • Quote
  • Oct 9, 2008 11:39pm
  • Billser
    Joined Jan 2007 | 712 Posts | Status: Member
Eur/Aud is amazing. Second day in a row that the daily range was over 1200 pips. Gbp/Jpy eat your heart out, this pair is a demon.

Hope some one made some pips from it today and yetserday.
It's All About Attitude ...:peace:
  • Post# 14
  • Quote
  • Oct 10, 2008 12:02am
  • The Jedi
    Joined Mar 2007 | 619 Posts | Status: A jedi seeks no title
Quoting Billser
Eur/Aud is amazing. Second day in a row that the daily range was over 1200 pips. Gbp/Jpy eat your heart out, this pair is a demon.

Hope some one made some pips from it today and yetserday.
Even during "slower" times the EUR/AUD pair has always had tremendous ranges. It has a lower per-pip value than GBP/JPY (for those of us with USD denominated accounts), but the sheer volatility is fun. What can I say, I like to play with fire.

This is why I like trading off of the indicator I use, it's usually fairly accurate. Caught another ride down yesterday to the 1.9583 level for some more pips.

I hope everyone else is finding it as easy to shoot these fish in the barrel as I am.
Never underestimate the powers of the Force.
  • Post# 15
  • Quote
  • Oct 10, 2008 12:15am
  • Billser
    Joined Jan 2007 | 712 Posts | Status: Member
Hi Jedi,

I like to scalp and I have made over 350 with 17 trades today on this pair. I use small lots but will gradually start to trade with bigger lots.

The draw down can be very large on this pair but when it moves in a certain direction then wait a while and the negitivepips become positive. again. I had 2 losing trades so not a bad day.

Do you have the indicator or where can I find it so I can see what your talking about.

Thanks.

Quoting The Jedi
Even during "slower" times the EUR/AUD pair has always had tremendous ranges. It has a lower per-pip value than GBP/JPY (for those of us with USD denominated accounts), but the sheer volatility is fun. What can I say, I like to play with fire.

This is why I like trading off of the indicator I use, it's usually fairly accurate. Caught another ride down yesterday to the 1.9583 level for some more pips.

I hope everyone else is finding it as easy to shoot these fish in the barrel as I am.
It's All About Attitude ...:peace:
  • Post# 16
  • Quote
  • Oct 10, 2008 1:19am
  • billflet
    Joined Mar 2007 | 1,530 Posts | Status: It's all just noise.
Wicked. Just took my first crack at this pair. +149 pips in 9 minutes.
  • Post# 17
  • Quote
  • Oct 10, 2008 1:21am
  • Billser
    Joined Jan 2007 | 712 Posts | Status: Member
Excellent.....did you short it or was it a buy


Quoting billflet
Wicked. Just took my first crack at this pair. +149 pips in 9 minutes.
It's All About Attitude ...:peace:
  • Post# 18
  • Quote
  • Oct 10, 2008 3:44am
  • The Jedi
    Joined Mar 2007 | 619 Posts | Status: A jedi seeks no title
Quoting billflet
Wicked. Just took my first crack at this pair. +149 pips in 9 minutes.
Good deal man. Congratulations. Just goes to show why this pair is worth some observation.
Never underestimate the powers of the Force.
  • Post# 19
  • Quote
  • Oct 10, 2008 4:21am
  • billflet
    Joined Mar 2007 | 1,530 Posts | Status: It's all just noise.
Quoting Billser
Excellent.....did you short it or was it a buy

It was a buy--followed up with a short for 93 more--followed up by a loss of 41 for a total of +201 in three trades.
  • Post# 20
  • Quote
  • Oct 10, 2008 11:01am
  • Billser
    Joined Jan 2007 | 712 Posts | Status: Member
Nice Job BillFlet......
Don't tell your misses she'll want you to buy her roses or chocolates....

Quoting billflet
It was a buy--followed up with a short for 93 more--followed up by a loss of 41 for a total of +201 in three trades.
It's All About Attitude ...:peace:
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