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-   -   AUDUSD Trading Pit (https://www.forexfactory.com/showthread.php?t=580106)

asgcorp Mar 19, 2016 4:27pm | Post# 421

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there's no point fighting a strong uptrend in AUDUSD especially since we are still in wave 5 of the uptrend since mid-feb.
the wave 5 should complete near 7700-7750 area, where the trend should reverse and a/b/c correction will take off. Until then it's going to get yous in a nasty drawdown if you go short.
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cold chisel May 3, 2016 11:33am | Post# 422

Hey, where is everybody? The pair is coming to life again. I would like to see your thoughts on this pair. C'mon guys, don't hide. Show up, please.

KeenPips May 5, 2016 4:41am | Post# 423

Hello all! In your trading of AU or other pairs did you learn anything last week for better trading today? If yes, and you want to share your experience and help fellow FF members, click a lesson learnt​. Green pips to you.

KP

nimbinsstone May 5, 2016 6:05am | Post# 424

there's no point fighting a strong uptrend in AUDUSD especially since we are still in wave 5 of the uptrend since mid-feb. the wave 5 should complete near 7700-7750 area, where the trend should reverse and a/b/c correction will take off. Until then it's going to get yous in a nasty drawdown if you go short. {image}
you nailed it
sadly I chicken out on this and the geppy the day before and missed both
another lesson learnt

tashkent Oct 18, 2017 6:56pm | Post# 425

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uptrend in play. have one long and a buy order around .7820 in case we have bad news in 1.5 hour.
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tashkent Oct 19, 2017 7:00pm | Post# 426

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uptrend in play - still holding true.
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