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AUD/USD

  • #7,181
  • Oct 20, 2009 7:33pm Oct 20, 2009 7:33pm
Long at 9212 will buy more on the down.
  • #7,182
  • Oct 20, 2009 7:33pm Oct 20, 2009 7:33pm
stop taken again for few pips gain, should reduce the size so the trades can have some space to move
  • #7,183
  • Oct 20, 2009 7:34pm Oct 20, 2009 7:34pm
Quoting blue_z_zz
good morning guys
morning buddy, afternoon here in sydney
  • #7,184
  • Oct 20, 2009 7:38pm Oct 20, 2009 7:38pm
Quoting WestAus
Long at 9212 will buy more on the down.
what time frame are you planning to trade this , if you dont mind me asking
  • #7,185
  • Oct 20, 2009 7:38pm Oct 20, 2009 7:38pm
its dawn in kuwait
Bulls Make Money, Bears Make Money, Pigs Get Slaughtered
  • #7,186
  • Oct 20, 2009 7:42pm Oct 20, 2009 7:42pm
Quoting ben10
3 dollar per pip and -7 dollar per pip ? every pip loss -4 and every winning pip =4 is that what you mean?
Sort of. For example a trader makes 150 pips for the week, are these calculated against 1 lott or what size? Say you made 10 pips on 1 lott then lost 1 pip on 10 lotts, you would end up even? Sorry i know this is a rediculous question.
Oh and im on the 5 min chart atm.
  • #7,187
  • Oct 20, 2009 7:44pm Oct 20, 2009 7:44pm
Quoting blue_z_zz
its dawn in kuwait
sh1t oil shihk , what is kuwaity currency call? dinar is it? still peg to usd or it's floating?
  • #7,188
  • Oct 20, 2009 7:47pm Oct 20, 2009 7:47pm
Quoting WestAus
Sort of. For example a trader makes 150 pips for the week, are these calculated against 1 lott or what size? Say you made 10 pips on 1 lott then lost 1 pip on 10 lotts, you would end up even? Sorry i know this is a rediculous question.
Oh and im on the 5 min chart atm.
usually on usd base account 1 lot = 10000 unit = $1/pip

standard 100.000= $10/pip
  • #7,189
  • Oct 20, 2009 7:48pm Oct 20, 2009 7:48pm
Is thee a head and shoulders forming on 1H?
  • #7,190
  • Oct 20, 2009 7:55pm Oct 20, 2009 7:55pm
Quoting WestAus
Say you made 10 pips on 1 lott then lost 1 pip on 10 lotts, you would end up even? .
oh sorry im dumb! yes thats correct
  • #7,191
  • Oct 20, 2009 8:02pm Oct 20, 2009 8:02pm
Quoting ben10
sh1t oil shihk , what is kuwaity currency call? dinar is it? still peg to usd or it's floating?
loooooooooool yeh its called dinnar and its no longer pegged to dollar they stoped it in 2006 but next year will be the launch of the GCC unified currancy thats will be interesting
Bulls Make Money, Bears Make Money, Pigs Get Slaughtered
  • #7,192
  • Oct 20, 2009 8:04pm Oct 20, 2009 8:04pm
Quoting WestAus
Is thee a head and shoulders forming on 1H?
if this what you mean:

http://img01.imagefra.me/img/img01/2...dm_6eed39f.png

thanks for pointing that out , some traders also call it kings crown chart pattern
  • #7,193
  • Oct 20, 2009 8:06pm Oct 20, 2009 8:06pm
Quoting blue_z_zz
loooooooooool yeh its called dinnar and its no longer pegged to dollar they stoped it in 2006 but next year will be the launch of the GCC unified currancy thats will be interesting
what is GCC? sort of like euro for european?
  • #7,194
  • Oct 20, 2009 8:07pm Oct 20, 2009 8:07pm
Where is everyone predicting the profit taking or decline to stop in audusd?
Resumption of the uptrend?
  • #7,195
  • Oct 20, 2009 8:07pm Oct 20, 2009 8:07pm
Just wanted to stop by and congratulate Money-RX on his rounded top call
  • #7,196
  • Oct 20, 2009 8:09pm Oct 20, 2009 8:09pm
Quoting ben10
what is GCC? sort of like euro for european?
yes its the stands for gulf countries counsel members are kuwait, saudi arabia, uae,bahrain ,qatar and oman
Bulls Make Money, Bears Make Money, Pigs Get Slaughtered
  • #7,197
  • Oct 20, 2009 8:16pm Oct 20, 2009 8:16pm
for long side of the scalper

http://img01.imagefra.me/img/img01/2...cm_9e61790.png
  • #7,198
  • Oct 20, 2009 8:17pm Oct 20, 2009 8:17pm
Quoting sinner-
Just wanted to stop by and congratulate Money-RX on his rounded top call
nice call Money-Rx keep it up
  • #7,199
  • Oct 20, 2009 8:18pm Oct 20, 2009 8:18pm
Quoting ben10
for long side of the scalper

http://img01.imagefra.me/img/img01/2...cm_9e61790.png
me ? im on the side line always short thats the plan
  • #7,200
  • Oct 20, 2009 8:20pm Oct 20, 2009 8:20pm
Quoting blue_z_zz
yes its the stands for gulf countries counsel members are kuwait, saudi arabia, uae,bahrain ,qatar and oman
thanks!
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