Australia Labour Force | Forex Factory

Australia Labour Force | Forex Factory

Australia Labour Force

From abs.gov.au

FEBRUARY KEY POINTS TREND ESTIMATES (MONTHLY CHANGE) Employment increased to 11,654,000 from a revised January 2015 estimate. Unemployment increased to 781,600 from a revised January 2015 estimate. Unemployment rate remained steady at 6.3%. Participation rate remained steady at 64.7%. Aggregate monthly hours worked increased 3.1 million hours to 1,611.0 million hours. SEASONALLY ADJUSTED ESTIMATES (MONTHLY CHANGE) Employment increased 15,600 to 11,652,400 from a revised January 2015 estimate. Full-time employment increased 10,300 to 8,062,000 and part-time employment increased 5,300 to 3,590,400 from a revised ... (full story)

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Mar 12, 2015 7:08am

There's little doubt in my mind, and to most other observers that you are a talented trader with the AU, PA.

That said, perhaps if you had a link at the ready to a post by you that explained to the cretins like gadvidhan144 the basis of your trading methodology; perhaps then you could be spared some of the trolling by the likes of him.

I don't use MA's for example in my own trading system; but your mention of the 200EMA above does not mention the time frame you have it applied to, etc.

Regretfully, gadvidhan144 is an Australian, and he is not the only dickhead from my country. Haha, we have one as Prime minister too

.

Quoting PA is King

Disliked

I'm in short at .7695 now.

Ignored

Mar 12, 2015 7:50am

Back in 1981, we learned of the Pandemic for the gay population; HIV and AIDS. That was and still is very sad.

But if we look on the bright side, and are optimistic, perhaps there will one day be a Pandemic for the stupid and trolls.

As far as the quality of FF content posted goes; I have a MUCH HIGHER respect for those who post in the news section, with intelligently thought out opinion, than someone who may have a massively high post count - 90% in the forum side of things.

REAL traders live in the news section.

Quoting PA is King

Disliked

Thanks for the kind words dancingphil. You're quite the trader yourself! After a few years, I've noticed that most of the time people are more willing to point out someone else's flaws on FF instead of congratulate them when they are right. Hopefully that trend will change over time.

As for my 200ema. I did forget to mention it was on the 1hr chart that I was looking at. But I do use it on the 1hr, 4hr, and Daily as possible support/resistance areas. I also have the 50ema on there too...but it's a little less reliable.

Ignored

Mar 11, 2015 11:59pm

do not forget all the figure has been manipulated has the NBA chief of Australia did lost the plot same has the GOVERNOR in AUSSIE the economy his not bad has the economist portrait it but has the USA recover very fast all the others currency suffer now his pay back time if the USA economy keep going well the AUSSIE $$$$ going where no one know also we have the most idiot Premier minister with his puppet the Treasurer or did confused all the economist one day they say do that the next do the other way very very confusing also hard to found work no jobs anymore all been taken by the new immigrants and the kiwi but to let to wake up big shamble. going to get worse before getting better. where his the lucky country no more????????????????????/

Mar 11, 2015 8:28pm

[quote=Kok Teong;8129974]Price selling because USD is strong?

Quoting PA is King

Disliked

Last month it was bad data and price rallied 100pips from the lows. Looks like tonight it good data and price selling off(still too early for true direction though).

Ignored

Yeah, that's part of it.

From a technical standpoint we have had 6 straight days of selling going back to last Wednesday. We have been making lower lows and lower highs. So it's a sell the rallies environment now.

Seeing how the Euro has fallen off a cliff in the last couple of weeks, the Pound has also sold off. I guess Aussie is playing catch up and it appears .7500 is the target again...I wouldn't be surprised if it goes a bit lower than that too.

Again, that's only based on current market conditions. Cheers!

Mar 12, 2015 2:58am

Quoting gadvidhan144

Disliked

I remember last week or the week before PA is King was bragging as if he were some guru, telling the world to buy, buy & that they should be following his advice. His cycles must be out......lol.

Ignored

WOW, you've been a member since 2011 and have only 5 posts on FF(one of which is to try and insult me lol)??? Great job helping out your fellow traders!

I guess first things first, you are a partially right...I was a buy the dips guy for the past month and it was very profitable for me. But you couldn't comment on that eh? You'd much rather ignore all my winning trades and wait until I have a losing one to try and bash someone? lol Just shows what kind of character you have.

Second, I never claimed to be perfect. In fact, I've posted many times before I'm not perfect and have my fair share of losing trades. I've also posted many times before that I just try to point people in the right direction for the highest probability of a winning trade. Probability being key because I never said they would win 100% of the time. Guess you missed that too!

Third, I guess you missed this post from a couple days ago... http://www.forexfactory.com/news.php?do=news&id=529902#post8120500 A good trader flows with the changes in the market. I realized that longs might not be the way to go anymore...so I stopped saying buy the dips and was waiting for a clearer picture on things. Again, why didn't you quote me on this more recent quote instead of something from last week?

Lastly, now that I have gone with a more bearish view and said to Sell the Rallies. You Have To Have A Rally in order to sell! Which is exactly whats happening right now. I dare you to find where I told anyone to Sell The Lows!!! And after 6 days of selling, we were due for a correction higher. Ideally something around .7700 near the 200ema would be a nice possible selling opportunity. Of course, you can't just blindly enter trades...need some type of resistance setup there. And as always, you need to use proper money management and trade management in case the market doesn't do what you're expecting.

Please do me a favor...feel free to bash me all you want, I'm a big boy and can take it. But have the decency to be a man and at least post some helpful advice to your fellow traders on here. Not to mention congratulate those when they are right too...not just wrong.

Cheers!

Mar 12, 2015 7:37am

Quoting dancingphil

Disliked

There's little doubt in my mind, and to most other observers that you are a talented trader with the AU, PA.

That said, perhaps if you had a link at the ready to a post by you that explained to the cretins like gadvidhan144 the basis of your trading methodology; perhaps then you could be spared some of the trolling by the likes of him.

I don't use MA's for example in my own trading system; but your mention of the 200EMA above does not mention the time frame you have it applied to, etc.

Regretfully, gadvidhan144 is an Australian, and he...

Ignored

Thanks for the kind words dancingphil. You're quite the trader yourself! After a few years, I've noticed that most of the time people are more willing to point out someone else's flaws on FF instead of congratulate them when they are right. Hopefully that trend will change over time.

As for my 200ema. I did forget to mention it was on the 1hr chart that I was looking at. But I do use it on the 1hr, 4hr, and Daily as possible support/resistance areas. I also have the 50ema on there too...but it's a little less reliable.

Mar 12, 2015 8:10am

Quoting buster48

Disliked

AUD seems to be on a roll today PA ouch.

Ignored

That was an impressive spike up...took out some stops I'm sure. I don't usually have trades open during the news, but this time I did. I did adjust my stoploss accordingly for anticipation of some spikes...I like the Pinbar on the 15min chart and how price spiked above, but closed just under the 1hr 200ema. So I'm still holding on short. A/U has already rallied 158pips today, more than it's normal ADR...so I'm basically playing a pullback. I won't get greedy since it's a bullish day for Aussie, Euro, and Pound.

Quoting danferre

Disliked

I´m short in 0.77200...

Ignored

That's a nice entry price! I'm jealous.

Mar 12, 2015 8:12am

Quoting dancingphil

Disliked

...

As far as the quality of FF content posted goes; I have a MUCH HIGHER respect for those who post in the news section, with intelligently thought out opinion, than someone who may have a massively high post count - 90% in the forum side of things.

REAL traders live in the news section.

Ignored

Yeah, I went through a learning phase myself when I initially joined FF. Had to learn to control my emotional posts and learn to let things slide. Some others will do the same, others won't be able to change.

Mar 12, 2015 3:11pm

Quoting danferre

Disliked

The fall began....

Ignored

After price stalled at .7680 for a couple hours, I decided to close for +10 pips. My entry wasn't as good as I would have liked, nor as good as yours.

Mar 13, 2015 5:59am

Quoting Guest

Disliked

".............

...
Translated to the FF pages, some predictions will not turn our true, or to be precise, most of them will not, but it is the risk managment and profit management that will build you as a team and trading pals, and make you money down the road.

My "unonimous" five cents, towards improving everyone's results.

Do not fight each other, but rather try to emulate so called "smart money".

Cheers and good luck to ALL of you.

Ignored

Nice post Mr. Guest!

Mar 13, 2015 6:02am

Quoting danferre

Disliked

I close +33 pips....

Ignored

I took another stab at shorting A/U last night...this time a little better price at .7705. I looked like a double top was forming along with Pinbars to the 1hr 200ma. It was nice to wake up to an alert I had set and take 30pips profit!

It's been a little bit of a roller coaster week, so I'm going to throw in the towel early. But it was still a positive pip week! Have a good weekend and talk to you guys next week!

Cheers!

Mar 13, 2015 6:16am

Quoting danferre

Disliked

Thank you Pa! At this time I will keep watching the price ... 0.76500 seems a strong support. If stay below that will be good for short. Close above the high of yesterday, we can achieve the MA 200 4H chart.

Ignored

I can see the arguments for both long and short. Yesterday's rally appears to be just a retest of prior broken support at .7700. At least to me on the daily chart. But like you said, if we rally and close above yesterday's high(which would be above .7700), then one would think .7800 is the next logical target. But we'd have to wait until today's close...and I don't plan on opening any trades to hold over the weekend and my bias is still to Sell the Rallies for now.

Mar 12, 2015 3:24am

Quoting PA is King

Disliked

WOW, you've been a member since 2011 and have only 5 posts on FF(one of which is to try and insult me lol)??? Great job helping out your fellow traders!

I guess first things first, you are a partially right...I was a buy the dips guy for the past month and it was very profitable for me. But you couldn't comment on that eh? You'd much rather ignore all my winning trades and wait until I have a losing one to try and bash someone? lol Just shows what kind of character you have.

Second, I never claimed to be perfect. In fact, I've posted...

Ignored

I support you PA, your views are most appreciated!

Anyways as PA highlighted out last week since the good NFP data, all major support has been broken, so it means the main trend, the downtrend prevails, currently I am looking at higher A/U for a sell in 4 hour chart. Waiting patiently.

Mar 13, 2015 11:16am

Quoting acit

Disliked

I support you PA, your views are most appreciated!

Anyways as PA highlighted out last week since the good NFP data, all major support has been broken, so it means the main trend, the downtrend prevails, currently I am looking at higher A/U for a sell in 4 hour chart. Waiting patiently.

Ignored

Hi i have open a short pos target 0.7500

Mar 12, 2015 7:18am

Quoting 17607

Disliked

thats what its a bastard currency moved by fuckin bastards...the bastards who r moving it anti trend should be fucked till they r dead...

Ignored

What do you mean anti-trend? So what happens if it never changes trend? It goes to 0.0000?

IMO, AU is still a good country to invest in. Once we get rid of the current govt. and it may be sooner rather than later, we can expect the AU to go up with more momentum.

Mar 11, 2015 7:40pm

Price selling because USD is strong?

[quote=PA is King;8129963]Last month it was bad data and price rallied 100pips from the lows. Looks like tonight it good data and price selling off(still too early for true direction though).

Mar 12, 2015 7:03am

Quoting haimber

Disliked

facken aud!! i shorted it and it ran 100 pips up.

Ignored

thats what its a bastard currency moved by fuckin bastards...the bastards who r moving it anti trend should be fucked till they r dead...

Mar 11, 2015 7:43pm

Too much fall, need retracement....... good job data

Mar 11, 2015 7:38pm

Last month it was bad data and price rallied 100pips from the lows. Looks like tonight it good data and price selling off(still too early for true direction though).

Happy Trading!

Mar 12, 2015 3:56am

Thanks acit. many pips to you!

Mar 12, 2015 5:44am

Quoting gadvidhan144

Disliked

I hear you, PA is King. Sorry, take it on the chin.

Ignored

Commendable post for you good Sir!

Happy Trading!

Mar 12, 2015 6:23am

I'm in short at .7695 now.

Mar 12, 2015 7:33pm

Quoting danferre

Disliked

I close +33 pips....

Ignored

Great job!

Mar 11, 2015 10:45pm

It's down. They may target .7500 next week. I am sideline atm. Will buy @ .7480.

Mar 12, 2015 7:38am

Quoting PA is King

Disliked

I'm in short at .7695 now.

Ignored

AUD seems to be on a roll today PA ouch.

Mar 11, 2015 7:34pm

So now the RBA will very probably not cut interest rates.

Mar 11, 2015 7:38pm

break .07595. short audusd

Mar 11, 2015 7:56pm

Quoting kuncung

Disliked

break .07595. short audusd

Ignored

break your head for creating panic like this

Mar 11, 2015 7:59pm

now it has broke past the channel with a spike

Mar 11, 2015 8:04pm

Fuckin bloody mother fucka fellas market makers to be ditched

Mar 11, 2015 9:18pm

Quoting fxtracer

Disliked

Hmmm, wondering why 2 Chinese news not on in the FF calendar... so this is why AUD and NZD awaiting ?

Ignored

I am wondering which bitch is moving the market and the AUD down

Mar 11, 2015 9:21pm

just swipe your ass with AUD toiletry

Mar 11, 2015 8:23pm

Didn't bite on the long, didn't short it either, Aud is a no trade at the moment.

Mar 11, 2015 9:10pm

Hmmm, wondering why 2 Chinese news not on in the FF calendar... so this is why AUD and NZD awaiting ?

Mar 11, 2015 11:00pm — Edited

I was too late to close the profit.
Still floating position -300 pips (5 digit) now.
I open a new long position 2x lot from the previous position.
Hopefully AUD rose this week.

Green pips everyday.

Mar 12, 2015 1:00am

Quoting PA is King

Disliked

Last month it was bad data and price rallied 100pips from the lows. Looks like tonight it good data and price selling off(still too early for true direction though).

Happy Trading!

Ignored

I remember last week or the week before PA is King was bragging as if he were some guru, telling the world to buy, buy & that they should be following his advice. His cycles must be out......lol.

Mar 12, 2015 10:31pm

Quoting WellTrade

Disliked

I was too late to close the profit.
Still floating position -300 pips (5 digit) now.
I open a new long position 2x lot from the previous position.
Hopefully AUD rose this week.

Green pips everyday.

Ignored

Good morning Asia Market,

Trends move in the direction as this fundamental data. UAD rose above all the currency pairs with it.

Today no important data except for the USD. Anticipating this, I setup SL 500 pips (5 digit) on AUDUSD pair.
I still defend the AUD if paired with EUR, GBP, and JPY.

Green pips everyday. :-D (y)

Mar 13, 2015 6:11am

Quoting PA is King

Disliked

Great job!

Ignored

Thank you Pa! At this time I will keep watching the price ... 0.76500 seems a strong support. If stay below that will be good for short. Close above the high of yesterday, we can achieve the MA 200 4H chart.

Mar 11, 2015 7:38pm

Quoting yunyoungro

Disliked

no impact.. lol

Ignored

wait for next 15 mnts

Mar 12, 2015 2:21am

Quoting haimber

Disliked

facken aud!! i shorted it and it ran 100 pips up.

Ignored

Happy Trading!

Mar 11, 2015 7:33pm

no impact.. lol

Mar 12, 2015 2:18am

facken aud!! i shorted it and it ran 100 pips up.

Mar 12, 2015 5:29am

I hear you, PA is King. Sorry, take it on the chin.

Mar 12, 2015 8:00am

I´m short in 0.77200...

Mar 12, 2015 12:09pm

The fall began....

Mar 12, 2015 6:00pm

I close +33 pips....

Trader#892E

Mar 12, 2015 7:22pm

".............

Quoting dancingphil
...

As far as the quality of FF content posted goes; I have a MUCH HIGHER respect for those who post in the news section, with intelligently thought out opinion, than someone who may have a massively high post count - 90% in the forum side of things.

REAL traders live in the news section.

Yeah, I went through a learning phase myself when I initially joined FF. Had to learn to control my emotional posts and learn to let things slide. Some others will do the same, others won't be able to change.

............................. "

Two of you hit the best take away one can have using forums like this.
Consider the product reviews on many well established web sites (Amazon, Home Depot, etc, etc.).
When you go there you expect people to guide you in regard of the quality and durability of the product you consider to buy.

Granted, giving a piece of adivice for some pair of shoes is not the same as doing similar here in FF.

However, the idea behind those web review ad-hoc community is the one of trust for an honest opinion, feedback, and personal preference without any strings.
We more or less blindly trust that average rating of a certain product if the total number is high enough.

Why not than pursue that attitude, openess, and honesty even here, as two of you examplify.

I will go even further to suggest you who post here often and have been here for a long time (unlike us occasionally "snoopers") that you guys think of your FF community as a loose held company which tries to figure out what MM are doing, so that you can join that winning side, as opposed to being on the retail crowd wrong side most of the time (as often is the case).

You have heard for sure that first step to improve yourself is to start changing your current ways that do not give you little or no results.

Rather than fighting others using vanity, consider being persuaded by common (majority) thinking on FF, while actually actively and proactively contributing to the discussions, and thus creating a consensus that will come much closer in probablity to a good forecast.

Remember, even the best products or resorts you visited have their fair share of 1 star reviews.
Translated to the FF pages, some predictions will not turn our true, or to be precise, most of them will not, but it is the risk managment and profit management that will build you as a team and trading pals, and make you money down the road.

My "unonimous" five cents, towards improving everyone's results.

Do not fight each other, but rather try to emulate so called "smart money".

Cheers and good luck to ALL of you.

Trader#BA24

Mar 11, 2015 7:38pm

Yeah no reason to cut now. Economy is on fire. Big guys want to buy this so need to push down. EU session will see it rally. Can't trust asian fake out session. Happens every time.

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Mar 11, 2015 7:30pm
Posted by
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High Impact Breaking

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AU Employment Change

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