might be at a level for some retracement, i will consider hedging with audhkd to lock the profit if necessary. and do not forget to check your weekly chart if you enjoy beautiful view.
As Above, So Below
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Dislikedmight be at a level for some retracement, i will consider hedging with audhkd to lock the profit if necessary. and do not forget to check your weekly chart if you enjoy beautiful view. {image}Ignored
Disliked{quote} I see a long legged doji on the weekly. Perhaps a small bounce up to start next week before another drop?Ignored
DislikedIt is my analiz in next week.What do you think about that? A/U.{image}{image}Ignored
DislikedIt is my analiz in next week.What do you think about that? A/U.{image}{image}Ignored
Disliked{quote} I don't think the move up in A/U suggests any disregard of fundamentals. In my opinion it's just a reminder that there are two currencies (and hence economies) involved and possibly too many commentators in here focus on the Australian economy and forget that US economy may not be as rosy as the FED would like it to be.Ignored
Disliked{quote} I think we are going higher after NFP so I will be looking to buying the dips.Ignored
Disliked{quote} I had a long at 0.7172 before NFP but unfortunately it hit my sl. After NFP were released EUR/USD went down & I thought it's going to reverse despite the numbers which it did make a come back but AUD just kept going lower & lower, even Gold was going higher but it didn't help AUD. I still think the EUR/USD will go higher next week which will cause AUD to go lower so I'm staying away from AUD as it's already fallen a lot, it's risky to trade, wish I kept my short from 0.723x.Ignored
Disliked{quote} Hey Dab you were Obviously right that part of the cause of the rise in the AUD/USD this week was really due to fall in USD against other currencies. While rising against the USD this week it was trending down against the Yen. Last night before the NFP I closed my short on AUD/USD for 15 pips profit and shorted AUD/JPY at 83.88, partly because trend favored it, and partly due to uncertainty of what NFP would do to AUD/USD pair, I felt safer with the Yen. I had TP at 82.55, which missed being hit by 2.2 pips, so I'm still in trade with 112...Ignored
Disliked{quote} You have many interesting points. Personally I'm just trading A/U until I'm 100% sure of my methodolgoy and maybe until I'm no longer working my traditional job.Ignored
Disliked{quote} My goal here is to become consistently profitable enough to quit my dreary job. No get rich plan. Just get out.Ignored