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AUD/USD

  • #103,301
  • Nov 9, 2017 1:51am Nov 9, 2017 1:51am
Quoting PayTheLimit
7653 seems like immediate support, a break of that, and maybe I'll look for shorts also...
misquote...meant 7675...apologies...

one of those mornings...
Look Sharp/Trade Tight
  • #103,302
  • Nov 9, 2017 2:00am Nov 9, 2017 2:00am
Quoting SkyrEk
{quote} Out of my longs with some profits. Shall gun for some shorts soon.

good out man..
Look Sharp/Trade Tight
  • #103,303
  • Edited 4:32am Nov 9, 2017 2:01am | Edited 4:32am
ok, try some 7683 offers, risk 10...check ya later, gl

-10, zigging when I should have been zagging....
Look Sharp/Trade Tight
  • #103,304
  • Nov 9, 2017 3:57am Nov 9, 2017 3:57am
Short AUD/USD crossing fingers.
instagram: stepbystepforex
  • #103,305
  • Nov 9, 2017 4:17am Nov 9, 2017 4:17am
Quoting Chromatic
price correction seems like an imminent move this week, bulls being in control until a new peak has been formed.
BULLS are still in control as i predicted. peter parker all i did was climb the charts
  • #103,306
  • Nov 9, 2017 5:12am Nov 9, 2017 5:12am
Quoting rafael5643
Short AUD/USD crossing fingers.
Got out +8 pips time for sleep.
instagram: stepbystepforex
  • #103,307
  • Nov 9, 2017 8:04am Nov 9, 2017 8:04am
tax plan failure might cause this pair to bounce

AUD monetary policy statement will likely be bearish though
Don't Worry Be Happy
  • #103,308
  • Nov 9, 2017 4:56pm Nov 9, 2017 4:56pm
Quoting MrPresident
tax plan failure might cause this pair to bounce AUD monetary policy statement will likely be bearish though
The RBA is never bearish, the Australian economy is a recession proof miracle in their view and this will be the 104th quarter without a technical recession. If you care to look, you will see that virtually every RBA monetary policy statement is followed by a down move (probably a positioning based reflex by the market makers to clean out any properly positioned traders stop losses) and up it goes again. Apparently the Asian economies are beginning to boom again, so who knows?

https://www.bloomberg.com/news/artic...sh-in-a-decade

https://www.cnbc.com/2017/11/09/its-...cord-year.html
  • #103,309
  • Nov 9, 2017 6:39pm Nov 9, 2017 6:39pm
Quoting Vitallica
{quote} The RBA is never bearish, the Australian economy is a recession proof miracle in their view and this will be the 104th quarter without a technical recession. If you care to look, you will see that virtually every RBA monetary policy statement is followed by a down move (probably a positioning based reflex by the market makers to clean out any properly positioned traders stop losses) and up it goes again. Apparently the Asian economies are beginning to boom again, so who knows? https://www.bloomberg.com/news/artic...sh-in-a-decade...
bolded wrong IMO - if they are properly positioned they wouldn't have their stops hit.
Hope for the best, prepare for the worst.
  • #103,310
  • Nov 10, 2017 5:55am Nov 10, 2017 5:55am
i went long to see what happens

0.7650 is a good strong support
Don't Worry Be Happy
  • #103,311
  • Nov 11, 2017 7:58am Nov 11, 2017 7:58am
I haven't opened positions on this pair in for the past few days, the sideways consolidation is getting tighter and tighter. Hopefully next week it will end.
  • #103,312
  • Nov 12, 2017 8:08am Nov 12, 2017 8:08am
maybe W1/M30 suggest going long...
NO MATTER THE SITUATION,NEVER LET YOUR EMOTIONS OVERPOWER YOUR INTELLIGENCE
  • #103,313
  • Nov 12, 2017 8:36am Nov 12, 2017 8:36am
Techs suggests long at .7650. guts tell me aud is in for a rough ride.

what do?
  • #103,314
  • Nov 12, 2017 1:25pm Nov 12, 2017 1:25pm
Quoting MoneyFocus
Techs suggests long at .7650. guts tell me aud is in for a rough ride. what do?
Fundamentals would say wait for wage growth in Australia and CPI from US on Wed/Thur.
  • #103,315
  • Nov 13, 2017 8:29am Nov 13, 2017 8:29am
maybe selling is a better idea this week with a target of 0.76

it could reverse if the tax plan fails this week or if the data from China and Australia is better than expected
Don't Worry Be Happy
  • #103,316
  • Edited 10:05am Nov 13, 2017 9:53am | Edited 10:05am
I'll buy that for an Australian dollar.
Attached Image(s) (click to enlarge)
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Founder of Sutherland Wave Principle
  • #103,317
  • Nov 13, 2017 10:05am Nov 13, 2017 10:05am
Quoting suthmo
I'll buy that for an Australian dollar. {image}
it's going to 0.76 and 0.757 next
Don't Worry Be Happy
  • #103,318
  • Nov 13, 2017 2:45pm Nov 13, 2017 2:45pm
Quoting MrPresident
i went long to see what happens 0.7650 is a good strong support
I see this "strong support" in every thread but no one can explain it ???

Attached Image (click to enlarge)
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It takes a lot for me to IGNORE you, but you can try.
  • #103,319
  • Nov 14, 2017 3:47am Nov 14, 2017 3:47am
Next stop 0.7520
  • #103,320
  • Nov 15, 2017 7:27am Nov 15, 2017 7:27am
if the employment data will be good, I'm selling the spike
Don't Worry Be Happy
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