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AUD/USD

  • #102,241
  • Aug 2, 2017 8:48pm Aug 2, 2017 8:48pm
Quoting Trouttman
If 9900 is broken I expect a retest of 9875, and most likely a break down to 9820- 9830 area.
U need to change your '9' to '7'
  • #102,242
  • Aug 2, 2017 8:49pm Aug 2, 2017 8:49pm
.7925

Trade number missed forecast and down it comes again.
The test of .7900 trendline is on the cards.
Both AUD and NZD are looking suss in my view and I think there are plenty holding longs waiting for a relief rally.

Im also looking at a USD turn around at some stage .. Is this the sign of volatility coming back soon . I hope so.
  • #102,243
  • Aug 2, 2017 8:56pm Aug 2, 2017 8:56pm
Quoting lasty
.7925 Trade number missed forecast and down it comes again. The test of .7900 trendline is on the cards. Both AUD and NZD are looking suss in my view and I think there are plenty holding longs waiting for a relief rally. Im also looking at a USD turn around at some stage .. Is this the sign of volatility coming back soon . I hope so.
I am still holding long but I have opened 1.3 lot for some shorts too. No matter how I see it, monthly chart still show long.
  • #102,244
  • Aug 2, 2017 9:07pm Aug 2, 2017 9:07pm
Quoting SkyrEk
{quote} U need to change your '9' to '7'
Hahahha thanks. Thought something was off.
  • #102,245
  • Aug 2, 2017 9:49pm Aug 2, 2017 9:49pm
.7917

BREAKING: S&P says "More risk to Sovereign Risk rating than in the past"

Hence the small sell off but now has bounced back to .7928

.7900 is key support but these news articles are some what a reflection on the Australian economy.
  • #102,246
  • Aug 2, 2017 10:01pm Aug 2, 2017 10:01pm
long from 7932
  • #102,247
  • Aug 2, 2017 10:07pm Aug 2, 2017 10:07pm
Quoting drbob8000
long from 7932
Looking for a small 10 to 20 pip TP
  • #102,248
  • Aug 2, 2017 10:31pm Aug 2, 2017 10:31pm
tp:0.79218
tp2:0.79096
Attached Image (click to enlarge)
Click to Enlarge Name: h4.png Size: 52 KB
if you my trade,My-post analysis, subscribed to ME
  • #102,249
  • Aug 3, 2017 1:08am Aug 3, 2017 1:08am
4hr chart shows lower high and current weakness suggests a test of 7880 support. My bias medium term is down as IMO there's much more scope for price to go down then up, but I won't be adverse to a small long near 7880 support (especially on first test), especially as it's a natural hedge to my shorts.
Hope for the best, prepare for the worst.
  • #102,250
  • Aug 3, 2017 1:16am Aug 3, 2017 1:16am
Quoting dab
4hr chart shows lower high and current weakness suggests a test of 7880 support. My bias medium term is down as IMO there's much more scope for price to go down then up, but I won't be adverse to a small long near 7880 support (especially on first test), especially as it's a natural hedge to my shorts.
Yes. It needs to go down quickly to reach 0.788xx. From my calculation, it may need to go long by today or tomorrow or next week.
  • #102,251
  • Aug 3, 2017 1:23am Aug 3, 2017 1:23am
Quoting Dgrat1
{quote} I am still holding long but I have opened 1.3 lot for some shorts too. No matter how I see it, monthly chart still show long.
You are talking about monthly... so much can go up and down in a month... come back in a couple month
Trade what you see, take what the market gives you.
  • #102,252
  • Aug 3, 2017 3:52am Aug 3, 2017 3:52am
Quoting VuLe
{quote} You are talking about monthly... so much can go up and down in a month... come back in a couple month
Yup. You are right. It may go up and down within a month. Good for quick profit. For me I go for quick and long profit.
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  • #102,253
  • Aug 3, 2017 4:27am Aug 3, 2017 4:27am
Game isn't over
Markets are Irrational
  • #102,254
  • Aug 3, 2017 5:04am Aug 3, 2017 5:04am
Quoting ArslanHyder
Game isn't over
Yes. I agree. It needs to reach the support first b4 turnaround I guess. Can't wait for that to happen.
  • #102,255
  • Aug 3, 2017 5:18am Aug 3, 2017 5:18am
Quoting ArslanHyder
Game isn't over
Glad to see you still around mate.
Abit more to my TP.
Thanks for allowing me to eat my cake.

Your account is deep in the red. I hope u continue to add more longs as well. Practise what you preach to the rest of the traders and lead by example. Add more longs till the bears all vanish. Lol

Cheers!
  • #102,256
  • Aug 3, 2017 5:57am Aug 3, 2017 5:57am
market's discretion holds possibilities: I think that all depends on USD : if pass 92.92.
I can.I will. End of story.
  • #102,257
  • Aug 3, 2017 6:44am Aug 3, 2017 6:44am
Entered Long. Sense of trepidation here, can't quite understand it. Something's brewing here.

A
Humans are naturally hardwired to avoid and detest uncertainty.
  • #102,258
  • Aug 3, 2017 7:10am Aug 3, 2017 7:10am
Quoting CannonScout
Entered Long. Sense of trepidation here, can't quite understand it. Something's brewing here. A
As long you have a trading plan, you will be fine.
  • #102,259
  • Aug 3, 2017 7:23am Aug 3, 2017 7:23am
Quoting CannonScout
Entered Long. Sense of trepidation here, can't quite understand it. Something's brewing here. A
Not yet. Still short I guess.
  • #102,260
  • Aug 3, 2017 7:37am Aug 3, 2017 7:37am
Holding my shorts from 0.80 goal is 0.78. Until now all good
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