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AUD/USD

Quoting redsword11
Attachment 845530


again, tg lower demand around 1.02550

done
Quoting fx-rocket
in long again @ 1.0279, sl 1.0239
Closed trade @ 1.0251 for 28 pip loss... Chickened out
Expect the unexpected.
i am long at 022, 0255, 0257, and 0264 with a stop at 02433

if it pops i do good, if it drops, i only lose a little... would be nice to see 200 pips to the upside :-)
I would not be surprised to see the market use the impending news releases as an opportunity to sink this pair a bit.

Of course, I could be wrong.
i got stopped out (moved stop up to profit) with a few bucks profit... now i am going to wait and see what happens
long one lot at 0253 with stop at 0243...

if support broke it goes down; if not it channels and maybe goes up - but it went down; and down 10 pips.
Quoting Warwick
I would not be surprised to see the market use the impending news releases as an opportunity to sink this pair a bit.

Of course, I could be wrong.
You were right..
Buy! Buy! Sell! Sell! Just make sure you have proper MM!
With the swap rate..much more fun to long at dip..if chinese PMI worse than expected then it might drop around 1.015 for a better long position..just my 2 cents
someone is buy the euro keep bouncing and the aussie follows.

i am down a few pips but since i made 250 pips * 5 lots yesterday; i think i will wait on the side line for a good entry.

i think it will be 1.0400 and then look to short down to 9300
howdy guys,

pretty new to this divergence trading. Been reading into it a bit, so just wanted to see what you guys think.

1H, lower high - and same on the stochastic bands too.

What are you thoughts? Is it confirmed now that the stochastic band has crossed downwards?
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Oops, I think I'm wrong,

I'm meant to be looking for a Higher High in the price action, but a higher high in the indicator yeah?

or is this more of a bullish sign with a lower price, and lower indicator?

actually its neither yeah? I've just got this thing all wrong??
I have been buying on the dips, targeting for 20 pips per trade. So far so good.
Buy! Buy! Sell! Sell! Just make sure you have proper MM!
Quoting benjamf13
Oops, I think I'm wrong,

I'm meant to be looking for a Higher High in the price action, but a higher high in the indicator yeah?

or is this more of a bullish sign with a lower price, and lower indicator?

actually its neither yeah? I've just got this thing all wrong??
your looking for higher highs on the price chart and lower highs on the stochastic, presuming you mean your looking for a reversal not a continuation?
Trade what you see, not what you think
Quoting Ill-b-back
Good work Rolo, awesome day today. I am wondering where you got that parabolic indicator, looks like it could be a good trendline confirming signal?
Thanks Ill-b-back, Im guessing your asking about the nonlagdot indicator. I always seem to have this indicator on my charts. It looks great on A/U right now, but we have had some great trends for the past few months.

You can get it here, http://www.forexfactory.com/showthread.php?t=214635
The Eyes Believe What They See And The Ears Believe What Others Say.
Time to short now?
long 10 lots (mini lots or 1 standard lot) at 0196; stop now it at 0197 ... hope we hit the lows now - maybe get 0300 today :-)

doesnt look like anything wants to move... going to get stopped out - maybe not -- starting to move north :-)

up about 25 pips; hope i continues to 1.03-1.04

went out with 25 pips - starting to breakdown
I thought AUS was meant to be around 97cent,still climbing 102034,
US farts an AUS jumps
follow the leader an wait
i think its got one more strong push up yet (1.03-1.04) then down to 1.95-1.93

Quoting eliteincome
I thought AUS was meant to be around 97cent,still climbing 102034,
US farts an AUS jumps
follow the leader an wait
Take a look (15 min, 1hr, 4hr charts). Interesting.
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Come with me if you want to live....
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