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-   -   EUR/AUD (https://www.forexfactory.com/showthread.php?t=112791)

Billser Oct 8, 2008 1:24am | Post# 1

EUR/AUD
 
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Does anyone trade this pair and if so any thoughts on it.

It's daily range is amazing.
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split_unit Oct 8, 2008 1:30am | Post# 2

this pair has exploded...it has rised over 2000+ pips to this min from the begining of the week.

Billser Oct 8, 2008 1:37am | Post# 3

wow
 
700 pips in 29 minutes and still climbing

Rabax Oct 8, 2008 5:01am | Post# 4

That's just crazy.

The world is crashing.

ziko123 Oct 8, 2008 9:29am | Post# 5

the weekly chart looks so funny
3000 pips this week

Billser Oct 8, 2008 12:19pm | Post# 6

Call It Dumb luck
 
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over 200 pips this morning......
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scexglobal Oct 8, 2008 4:06pm | Post# 7

Spreads on this thing are crazy: 20 pips on IB (IdealPRO)

Billser Oct 8, 2008 6:05pm | Post# 8

IBFX
 
IBFX has been 8 pips most of the time.....

Spreads on this thing are crazy: 20 pips on IB (IdealPRO)

The Jedi Oct 8, 2008 11:09pm | Post# 9

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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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Billser Oct 8, 2008 11:34pm | Post# 10

jedi
 
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.

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.

Billser Oct 8, 2008 11:36pm | Post# 11

Jedi
 
What was your entry....was it the inside bar?

Thanks,

Billser

The Jedi Oct 9, 2008 12:03am | Post# 12

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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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Billser Oct 9, 2008 11:39pm | Post# 13

What A Day
 
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.

The Jedi Oct 10, 2008 12:02am | Post# 14

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.

Billser Oct 10, 2008 12:15am | Post# 15

Jedi
 
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.

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.

billflet Oct 10, 2008 1:19am | Post# 16

Wicked. Just took my first crack at this pair. +149 pips in 9 minutes.

Billser Oct 10, 2008 1:21am | Post# 17

Great job
 
Excellent.....did you short it or was it a buy


Wicked. Just took my first crack at this pair. +149 pips in 9 minutes.

The Jedi Oct 10, 2008 3:44am | Post# 18

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.

billflet Oct 10, 2008 4:21am | Post# 19

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.

Billser Oct 10, 2008 11:01am | Post# 20

The Pip Man
 
Nice Job BillFlet......
Don't tell your misses she'll want you to buy her roses or chocolates....

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.


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