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  • Post #104,221
  • Quote
  • Aug 8, 2018 2:16am Aug 8, 2018 2:16am
  •  PayTheLimit
  • Joined Aug 2009 | Status: Ride the Pig | 31,000 Posts
maybe some support at 7399 today worth a try....
Look Sharp/Trade Tight
1
  • Post #104,222
  • Quote
  • Aug 8, 2018 4:30am Aug 8, 2018 4:30am
  •  Plenov
  • | Joined Oct 2015 | Status: Member | 152 Posts
The RBA is the prime example of a central bank that has successfully shown the market that it will only start thinking about rate hikes, irrespective of the data situation, once everything has fallen into place. There is no other explanation for why the market is pricing in a rate hike by year end with a likelihood of close to 0%. Even though at 2.1% inflation stands at the lower end of the RBA’s target area of 2-3%, the weaker Australian dollar and the positive growth momentum close to 3% constitute a promising starting point for a further rise into the middle of the target area. The RBA is nonetheless in no rush to signal first rate hikes. That became clear at yesterday’s rate decision but was confirmed today when RBA governor Philip Lowe underlined that he did not see a compelling reason for a near-term rate hike. However, he hopes to be able to hike interest rates at some stage during his time in office that ends in September 2023. In view of decent economic framework conditions we believe that there will be scope to do so well before the time priced in by the market at present. At least the RBA will probably soon assume a more hawkish overall position as long as the trade war does not affect growth in China, Australia’s most important trade partner, more notably than expected. I therefore still see appreciation potential for the AUD.
  • Post #104,223
  • Quote
  • Aug 8, 2018 4:35am Aug 8, 2018 4:35am
  •  FractalFreak
  • | Commercial Member | Joined Feb 2014 | 9,633 Posts
https://www.forexfactory.com/showthread.php?t=768090
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Making the DM smarter!
  • Post #104,224
  • Quote
  • Edited at 8:57am Aug 8, 2018 8:10am | Edited at 8:57am
  •  NotAtrader
  • Joined Oct 2016 | Status: Not A Trader. A Money Machine. | 3,521 Posts
Quoting NotAtrader
Disliked
Possible reversal @0.7425 Bearish candle formation...
Ignored
It took a little while, but I think we are heading down to 0.7383-93. If breached, then 0.7350 will be the next target.

GL
Start with 1000$. Increase by 3% every day. After one year 2 213 314$
  • Post #104,225
  • Quote
  • Aug 8, 2018 8:22am Aug 8, 2018 8:22am
  •  Moty
  • Joined Dec 2017 | Status: Member | 13,972 Posts
au h1
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don't try to tell the market where to go , let him tell you
  • Post #104,226
  • Quote
  • Aug 8, 2018 8:33am Aug 8, 2018 8:33am
  •  KeenPips
  • Joined Dec 2015 | Status: Member | 6,452 Posts
Agreed that Aussie is technically bearish overall.

Trade safe and prosper.

KP

Quoting NotAtrader
Disliked
{quote} It took a little while, but I think we are heading down to 0.7383-93. If breached, then 0.7350 will be the next target. GL
Ignored
Do your homework, follow the footprints of smart money
1
  • Post #104,227
  • Quote
  • Aug 8, 2018 8:58am Aug 8, 2018 8:58am
  •  NotAtrader
  • Joined Oct 2016 | Status: Not A Trader. A Money Machine. | 3,521 Posts
Quoting KeenPips
Disliked
Agreed that Aussie is technically bearish overall. Trade safe and prosper. KP {quote}
Ignored
Agreed


Quoting NotAtrader
Disliked
{quote} It took a little while, but I think we are heading down to 0.7383-93. If breached, then 0.7350 will be the next target. GL
Ignored
Target hit. Buckle up for the next dive!
Start with 1000$. Increase by 3% every day. After one year 2 213 314$
  • Post #104,228
  • Quote
  • Aug 8, 2018 9:02am Aug 8, 2018 9:02am
  •  Goles
  • | Joined Jul 2018 | Status: Member | 32 Posts
Well my short position on Aussie just closed at take profit. However, i still believe that further decline is the most probable scenario, easily towards .7360. I think am seeing a very nice triangle has been formed here which i have indicated by a blue rectangle. In this case, if the price break the .7350 level, we will witness a plunge towards .7 level. All that being said, i have closed my position since i was in a decent profit with more than 1.4 times of my risk and i had only one open position.
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  • Post #104,229
  • Quote
  • Aug 8, 2018 9:37am Aug 8, 2018 9:37am
  •  KeenPips
  • Joined Dec 2015 | Status: Member | 6,452 Posts
Very good and well done!

Trade safe.

KP

Quoting NotAtrader
Disliked
...Target hit. Buckle up for the next dive!
Ignored
Do your homework, follow the footprints of smart money
1
  • Post #104,230
  • Quote
  • Aug 8, 2018 9:39am Aug 8, 2018 9:39am
  •  NotAtrader
  • Joined Oct 2016 | Status: Not A Trader. A Money Machine. | 3,521 Posts
Quoting KeenPips
Disliked
Very good and well done! Trade safe. KP {quote}
Ignored
Thanks buddy. You are my teacher.
Keep up the good work

I wish you good luck KP
Start with 1000$. Increase by 3% every day. After one year 2 213 314$
  • Post #104,231
  • Quote
  • Aug 8, 2018 9:47am Aug 8, 2018 9:47am
  •  KeenPips
  • Joined Dec 2015 | Status: Member | 6,452 Posts
The bearish technical bias on the W1 time frame supports a possible leg down from the current consolidation on the H4 time frame. General wave analysis on the H4 time frame is indicative of a possible next impulsive, southward wave after the current corrective phase.

I may be wrong. Trade safe and prosper.

KP

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Do your homework, follow the footprints of smart money
  • Post #104,232
  • Quote
  • Aug 8, 2018 9:47am Aug 8, 2018 9:47am
  •  dn1977
  • | Joined Feb 2015 | Status: Member | 73 Posts
Quoting NotAtrader
Disliked
{quote} Agreed {quote} Target hit. Buckle up for the next dive!
Ignored
You can't just say (I think we are heading to 783 on Aud ) and when it gets there say ( Target Hit ) If you want some credibility , you need to post screen shots and call the ''planned Trade '' before it happens.
  • Post #104,233
  • Quote
  • Aug 8, 2018 9:57am Aug 8, 2018 9:57am
  •  KeenPips
  • Joined Dec 2015 | Status: Member | 6,452 Posts
Quoting dn1977
Disliked
{quote} You can't just say (I think we are heading to 783 on Aud ) and when it gets there say ( Target Hit ) If you want some credibility , you need to post screen shots and call the ''planned Trade '' before it happens.
Ignored


Let's respect and encourage fellow members, mate. The earlier post gave the proper indication...

Quoting NotAtrader
Disliked
{quote} It took a little while, but I think we are heading down to 0.7383-93. If breached, then 0.7350 will be the next target. GL
Ignored


Trade safe and prosper.

KP
Do your homework, follow the footprints of smart money
2
  • Post #104,234
  • Quote
  • Aug 8, 2018 10:17am Aug 8, 2018 10:17am
  •  Moty
  • Joined Dec 2017 | Status: Member | 13,972 Posts
au h1
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don't try to tell the market where to go , let him tell you
  • Post #104,235
  • Quote
  • Aug 8, 2018 10:20am Aug 8, 2018 10:20am
  •  NotAtrader
  • Joined Oct 2016 | Status: Not A Trader. A Money Machine. | 3,521 Posts
Quoting dn1977
Disliked
{quote} You can't just say (I think we are heading to 783 on Aud ) and when it gets there say ( Target Hit ) If you want some credibility , you need to post screen shots and call the ''planned Trade '' before it happens.
Ignored
I don’t want credibility. I never did.

What i I want is good trades, green pips and good fellow mates.

I could show you a screenshot of the indicator that I programmer myself and the one I follow supported by the analysis that I do.

However i I never publish proofs for what I do, as the purpose of this forum is not to compete with each other, but to share and help. I find your post trolling and not particularly helpful.

I indicated early that the pair is going down and the ones who followed me, made pips.

Unfortunately no one is always and 100% right, so it’s up to each individual to make their own decisions.

Good luck to you.
Start with 1000$. Increase by 3% every day. After one year 2 213 314$
1
  • Post #104,236
  • Quote
  • Aug 8, 2018 10:26am Aug 8, 2018 10:26am
  •  KeenPips
  • Joined Dec 2015 | Status: Member | 6,452 Posts
An apt response bud

KP

Quoting NotAtrader
Disliked
{quote} I don’t want credibility. I never did...the purpose of this forum is not to compete with each other, but to share and help...it’s up to each individual to make their own decisions. Good luck to you.
Ignored
Do your homework, follow the footprints of smart money
1
  • Post #104,237
  • Quote
  • Aug 8, 2018 11:03am Aug 8, 2018 11:03am
  •  dn1977
  • | Joined Feb 2015 | Status: Member | 73 Posts
Quoting NotAtrader
Disliked
{quote} I don’t want credibility. I never did. What i I want is good trades, green pips and good fellow mates. I could show you a screenshot of the indicator that I programmer myself and the one I follow supported by the analysis that I do. However i I never publish proofs for what I do, as the purpose of this forum is not to compete with each other, but to share and help. I find your post trolling and not particularly helpful. I indicated early that the pair is going down and the ones who followed me, made pips. Unfortunately no one is always and...
Ignored
If you find the post '' Trolling'' then you need to grow a thicker skin or find a new profession.

I've said it before and ill say it again, Its absolutly pointless and useless to anyone to just post ( I have bought-sold ) or ( buy now-sell now ) or ( it might go to _____ , Target hit).

It is much more useful and helpful to at least post, 1) Reason for the Trade 2) Entry, stop loss target. 3) before it happens. That will be MUCH more helpful to all people struggling to find a way.

How do you know that people who follow you even took the trade or made pips? did they post screen shots or just say so?

Also, AUD is in a 7 week range, short trades are very limited.
1
  • Post #104,238
  • Quote
  • Aug 8, 2018 11:21am Aug 8, 2018 11:21am
  •  NotAtrader
  • Joined Oct 2016 | Status: Not A Trader. A Money Machine. | 3,521 Posts
Quoting dn1977
Disliked
{quote} If you find the post '' Trolling'' then you need to grow a thicker skin or find a new profession.......
Ignored
If your profession is being on a forum and posting trolling comments, mine profession is full time FX trader.

Quoting dn1977
Disliked
{quote} It is much more useful and helpful to at least post, 1) Reason for the Trade .............
Ignored
If you read my earlier post, you will see that my reason was a bearish candlestick formation on the chart. So people who follow and show interest, can learn something from this. My post is still there and you can find it, if you want to do something different to trolling.

Mate, you have made 55 post since you registered in 2015.
Even if we assume that this is your only trolling post, still 1 of 55 is too much and it qualifies almost 2% of your comments as trolling comments. This is remarkable achievement mate. You qualified as a troll with only 55 post.
Start with 1000$. Increase by 3% every day. After one year 2 213 314$
1
  • Post #104,239
  • Quote
  • Aug 8, 2018 11:39am Aug 8, 2018 11:39am
  •  Moty
  • Joined Dec 2017 | Status: Member | 13,972 Posts
au h1
Attached Image (click to enlarge)
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Name: AUD H.png
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don't try to tell the market where to go , let him tell you
1
  • Post #104,240
  • Quote
  • Aug 8, 2018 11:55am Aug 8, 2018 11:55am
  •  dn1977
  • | Joined Feb 2015 | Status: Member | 73 Posts
[quote=NotAtrader;11346161]{quote} If your profession is being on a forum and posting trolling comments, mine profession is full time FX trader. {quote} If you read my earlier post, you will see that my reason was a bearish candlestick formation on the chart. So people who follow and show interest, can learn something from this. My post is still there and you can find it, if you want to do something different to trolling. Mate, you have made 55 post lsince you registered in 2015. Even if we assume that this is your only trolling post, still 1 of 55 is too much and it qualifies...[/quote

i don’t use these forums much , too many novices like yourself posting bullshit. Don’t kid yourself , you are a professional at Forum posting NOT trading. Many people post bullshit trades like yourself , try posting something worthwhile and useful to at least 1 person.
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