If you trade like me, you'll be homeless and broke within a week.
Goldilocks All Time Return:
-28.2%
EUR/USD, AUD/USD, and CAD/USD ready to move up 2 replies
EUR/GBP, EUR/USD, GBP/USD, AUD/USD, CAD, NZD, JPY, and more... 14 replies
Anyone here trading AUD/USD or USD/AUD tonight regarding AUS Home Loan Report? 1 reply
The AUD/USD 1.00 EUR/AUD 1.60 GBP/AUD 2.00 Thread! 0 replies
AUD Trade Balance and AUD Retail sales 6 replies
DislikedHaving bounced from 0.7485-90 horizontal support, the AUDUSD presently challenges to short-term descending trend-line, a break of which, at 0.7600 now, can quickly trigger its rise to 0.7655 and 0.7725. {image}Ignored
DislikedLooks increasing likely that AU is going to peak out around 7850 - 8000. Think the big bears will be very happy to see the pair hit that region. I think there is a target locked in around 7250......... let's see if we get there after topping out after 7850.Ignored
Disliked{quote} Let's make sure it gets there first. Right now it's still struggling to reach 7650. No news, no numbers today so everybody is just playing. It's only 10+ am and there is almost no PA.Ignored
Dislikedtook a short from 7657 a few hours ago targeting a scalp of 15-20pips to the lower trend line at least. Although it has risen +27pips against me now not gonna close out yet. A few possible negative scenarios for the aud today with Aussie consumer confidence and China numbers at 0200gmt. Will close out only if these numbers push aud higher. Overall looking for a retrace towards lower 76xx levels before deciding which direction. 7850 looks possible but not definite. Aud always seems more ready to fall...despite the recent gains the Bears still seem...Ignored
DislikedAnd the bad news keeps on coming for Australia http://www.marketwatch.com/story/chi...low-2016-04-12 Lets see what the Chinese data has installed for us today On a side note .. apparently our new non mining services are Tourism and Education to take up the resources sector slack. So nothing has changed then. Australia is expensive compared to other tourist destinations and with a rising currency other countries will be more appealing . Education well say no more The shemozzle can...Ignored
Disliked{quote} cny data already announced on bloomberg trade balance slightly worse imports lower. This is what caused move on aud.Ignored
Disliked{quote} Exports up. Means more manufacturing. Means more raw material. Aus has lots of that.Data is skewed an could be seen as a recover from preious qte when manufacturing in China was stopped for Chinese new year.Ignored
DislikedI'm just excited to get to 7850. Hope it happens next week. Then I'll give it a big sell!Ignored
Disliked{quote} Let's just wait for 7850.....if it gets there then i will be selling too. May take some time for this to grind up and after which the USD bulls will be back.Ignored