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  • Australia Retail Trade

    From abs.gov.au

    The trend estimate rose 0.4% in October 2014. This follows a rise of 0.4% in September 2014 and a rise of 0.4% in August 2014. The seasonally adjusted estimate rose 0.4% in October 2014. This follows a rise of 1.3% in September 2014 and a rise of 0.1% in August 2014. In trend terms, Australian turnover rose 5.0% in October 2014 compared with October 2013. The following industries rose in trend terms in October 2014: Food retailing (0.4%), Household goods retailing (0.6%), Other retailing (0.4%), Cafes, restaurants and takeaway food services (0.4%), Clothing, footwear and personal accessory retailing (0.5%) and ... (full story)

  • #1
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  • Dec 3, 2014 7:33pm Dec 3, 2014 7:33pm
Shite - that was f'ing surprising.
  • #2
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  • Dec 3, 2014 7:36pm Dec 3, 2014 7:36pm
  •  Trader#B655
  • | Status: Unregistered Trader
Makes for a better selling opportunity. The trend, it is your friend...
  • #3
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  • Dec 3, 2014 7:36pm Dec 3, 2014 7:36pm
Affects will be short lived.
  • #4
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  • Dec 3, 2014 7:37pm Dec 3, 2014 7:37pm
Quoting PA is King
Affects will be short lived.
promise? lol
  • #5
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  • Dec 3, 2014 7:38pm Dec 3, 2014 7:38pm
How far will it rally before sliding down again?

The data is pretty good, will it go further to .8450
  • #6
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  • Dec 3, 2014 7:40pm Dec 3, 2014 7:40pm
STFR??
  • #7
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  • Dec 3, 2014 7:42pm Dec 3, 2014 7:42pm
  •  Trader#D075
  • | Status: Unregistered Trader
Nice, move higher, so I can sell it again .. lol
  • #8
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  • Dec 3, 2014 7:46pm Dec 3, 2014 7:46pm
okay, okay......... sooooo if price gets back down to .8349ish area... PA is King will be my forever friend - :-)
  • #9
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  • Dec 3, 2014 7:52pm Dec 3, 2014 7:52pm
Quoting Oser
okay, okay......... sooooo if price gets back down to .8349ish area... PA is King will be my forever friend - :-)
FADE IT...FADE IT...FADE THE SPIKE!!! fellow traders!!! Grab your 30 PIPS and go to bed!!!
  • #10
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  • Dec 3, 2014 7:53pm Dec 3, 2014 7:53pm
  •  Trader#6DFD
  • | Status: Unregistered Trader
Sell? The pair is trading at multi year low. I started to buy from now, If it move 100 pips down I will buy double, step by step and keep for few months
  • #11
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  • Dec 3, 2014 8:00pm Dec 3, 2014 8:00pm
The good data is making no strong move upwards. Meaning the bears still stronger.
  • #12
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  • Dec 3, 2014 8:05pm Dec 3, 2014 8:05pm
Quoting Bmitchell
FADE IT...FADE IT...FADE THE SPIKE!!! fellow traders!!! Grab your 30 PIPS and go to bed!!!
but I'm not tired.
  • #13
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  • Dec 3, 2014 8:08pm Dec 3, 2014 8:08pm
...THEN BE MORE TRADER THAN us US WIMPS!
  • #14
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  • Dec 3, 2014 8:10pm Dec 3, 2014 8:10pm
guys... serious? just now good data ( i'am a technical guy)with the reverse pb on th e ema on daily and H1. just kidding! already took 20 pips with a lotsize of 11.81
  • #15
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  • Dec 3, 2014 8:13pm Dec 3, 2014 8:13pm
Quoting Guest
Nice, move higher, so I can sell it again .. lol
Spot on, Guest!
  • #16
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  • Dec 3, 2014 8:17pm Dec 3, 2014 8:17pm
Already 20pips back down.
  • #17
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  • Dec 3, 2014 8:23pm Dec 3, 2014 8:23pm
Quoting Bmitchell
...THEN BE MORE TRADER THAN us US WIMPS!
LOL! I shall be more trader! I shall be more trader! :-)

Bmitchell where are you from? Let's hang out! I want to buy you a few beers!
  • #18
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  • Dec 3, 2014 8:37pm Dec 3, 2014 8:37pm
Same story, different day! Good news just doesn't matter for Aussie!

Guys, I really hope you are making tons of pips on Aussie this week! When a pair is trading technically perfectly, you have to make the most of it before it goes away and starts ranging again!
  • #19
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  • Dec 3, 2014 8:50pm Dec 3, 2014 8:50pm
Quoting PA is King
Same story, different day! Good news just doesn't matter for Aussie!

Guys, I really hope you are making tons of pips on Aussie this week! When a pair is trading technically perfectly, you have to make the most of it before it goes away and starts ranging again!
Where will it go? Can the price whisperer do it again?
  • #20
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  • Dec 3, 2014 9:02pm Dec 3, 2014 9:02pm
Quoting Oser
Where will it go? Can the price whisperer do it again?
What price did you want again?
  • #21
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  • Dec 3, 2014 9:04pm Dec 3, 2014 9:04pm
Quoting PA is King
What price did you want again?
back down to .8349ish area....

please :-)
  • #22
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  • Dec 3, 2014 9:48pm Dec 3, 2014 9:48pm
Welcome back Australia.....The Pacific PESO is Back....
  • #23
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  • Dec 3, 2014 10:20pm Dec 3, 2014 10:20pm
Quoting Oser
back down to .8349ish area....

please :-)
lol...I've already caused a 50pip drop from that news spike. The rest is up to you.

Speaking of drop...sell the rallies works again!!! Who was warning me earlier today about shorting????? lol
  • #24
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  • Dec 3, 2014 11:34pm Dec 3, 2014 11:34pm
the past data still higher than today .. so the bearish still stronger
Tommy Sutanto
  • #25
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  • Dec 4, 2014 12:04am Dec 4, 2014 12:04am
Quoting PA is King
Same story, different day! Good news just doesn't matter for Aussie!

Guys, I really hope you are making tons of pips on Aussie this week! When a pair is trading technically perfectly, you have to make the most of it before it goes away and starts ranging again!
agree.
  • #26
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  • Dec 4, 2014 3:02am Dec 4, 2014 3:02am
Quoting Oser
back down to .8349ish area....

please :-)

Was .8357 close enough for you?
  • #27
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  • Dec 4, 2014 8:15am Dec 4, 2014 8:15am
Quoting PA is King
Was .8357 close enough for you?
absolutely.... that pull back was verrrry lucrative

exited at the bottom. good calls...
  • #28
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  • Dec 4, 2014 11:02am Dec 4, 2014 11:02am
Quoting Oser
absolutely.... that pull back was verrrry lucrative

exited at the bottom. good calls...

Good deal, congrats on the pips.


As NFP approaches, I'll put out my usual statement: All bets are off...I have no clue what the news will be or exactly which way the market will go. Trade smart...or take the day off all together. Happy Trading!!!
  • #29
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  • Dec 4, 2014 6:28pm Dec 4, 2014 6:28pm
Agree with PA is King, they may pull price back to .8332 to complete a 1.618 on the 4hr then up... been a great week trading price action on the AUD's .. EURAUD possible 1.414 to 1.4850 then down
Accurate Forex Trading Signals | PAMM/MAM Managed Accounts Market Makers
  • #30
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  • Dec 4, 2014 6:38pm Dec 4, 2014 6:38pm
NU Possible 1.414 .7698 then up, NFP is not a good day for trading, would lower your risk if you are entering trades, all the best
Accurate Forex Trading Signals | PAMM/MAM Managed Accounts Market Makers
  • #31
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  • Edited 4:07pm Dec 5, 2014 8:45am | Edited 4:07pm
And down goes Aussie some more!

There have only been 3 out of the last 15 trading days that are bullish daily candles. If that doesn't scream at you the bears are in control then maybe you shouldn't trade forex.
  • #32
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  • Dec 5, 2014 6:02pm Dec 5, 2014 6:02pm
"Agree with PA is King, they may pull price back to .8332 to complete a 1.618 on the 4hr then up... been a great week trading price action on the AUD's .. EURAUD possible 1.414 to 1.4850 then down " "NU Possible 1.414 .7698 then up, NFP is not a good day for trading, would lower your risk if you are entering trades, all the best "


Pretty much on the mark, market makers completing fib patterns then they will pull back to meet the 50 EMA.
Accurate Forex Trading Signals | PAMM/MAM Managed Accounts Market Makers
  • #33
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  • Dec 5, 2014 9:26pm Dec 5, 2014 9:26pm
Don't be surprised to see a Gap Down on Sunday night. The lack of ANY type of buying on Aussie is clear! 4 staight days of selling. 12 out of the last 15 days of selling. 3 straight weeks of selling. Nearly 500pips down.
  • #34
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  • Dec 5, 2014 11:15pm Dec 5, 2014 11:15pm
Yes anything is possible i would expect them to meet the 50EMA first possible to .50 fib around .8368 . Picked the NU 1.414 on the low at .7700, market makers completing fibs on higher TF,s . i pretty much trade price action thats all, dont pay attention to news at all, all fabricated to suit the MM and stop hunt. Lets see what happens on Monday
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  • #35
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  • Dec 7, 2014 6:44am Dec 7, 2014 6:44am
I totally agree the market makers control price. I would give it an 80% chance we open with a gap down later today. I wish I had access to the MM's books so I could see how many traders are holding longs on Aussie over the weekend just hoping there losing trades miraculously turn positive.
  • #36
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  • Dec 7, 2014 3:43pm Dec 7, 2014 3:43pm
Anyone here holds positions over the weekend? I have been shorting the AUD, and the gap down has been doing me well. However, it could be risky if there is a gap up ey... perhaps one should close positions before market closes on the Friday/Sat...
  • #37
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  • Dec 7, 2014 6:15pm Dec 7, 2014 6:15pm
Just as I told everyone...gap down. The Aussie has been the best technical trade for weeks!!!! If you shorted!
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  •  Trader#4112
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  • Story Stats
  • Posted: Dec 3, 2014 7:32pm
  • Submitted by:
     Newsstand
    Category: High Impact Breaking News
    Comments: 37  /  Views: 5,989
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