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AUD/USD

  • #104,421
  • Oct 2, 2018 12:07pm Oct 2, 2018 12:07pm
im paying attention to this down trend, not sure if will hanging for long.

watching to the reverse and buy.

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- If you plant corn, you get corn
  • #104,422
  • Oct 2, 2018 12:29pm Oct 2, 2018 12:29pm
Quoting Mastropiero
im paying attention to this down trend, not sure if will hanging for long. watching to the reverse and buy. {image}
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re-touch of down is still in play imo
  • #104,423
  • Oct 2, 2018 12:47pm Oct 2, 2018 12:47pm
Quoting squidster85
{quote} {image} re-touch of down is still in play imo
A double bottom? sure, that would be a book reversal
- If you plant corn, you get corn
  • #104,424
  • Oct 2, 2018 5:23pm Oct 2, 2018 5:23pm
Quoting Mastropiero
{quote} A double bottom? sure, that would be a book reversal
i dont trade patterns as i dont find them reliable. My strategies are based on machine learning algos and pullbacks.
  • #104,425
  • Oct 2, 2018 10:26pm Oct 2, 2018 10:26pm
Building Approvals Australia .. what a disaster expected +1.0% print -9.4%

China trade war looks bad now that USCMA has a non bilateral clause. Australia will be on the receiving end of a Chinese downturn

Im surprised to see AUD/USD with a 0.7 in front of it.. But all is good to those who wait and fundamentals always play out in the end .
  • #104,426
  • Oct 3, 2018 12:55am Oct 3, 2018 12:55am
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potential to come down more...but im out as ive found another opportunity on EJ.
  • #104,427
  • Oct 3, 2018 10:57am Oct 3, 2018 10:57am
Quoting squidster85
{image} potential to come down more...but im out as ive found another opportunity on EJ.


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that worked quite well..... no idea where its gonna go next...
  • #104,428
  • Oct 3, 2018 1:32pm Oct 3, 2018 1:32pm
https://www.forexfactory.com/showthr...4#post11544904
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www.sme-fx.com
  • #104,429
  • Oct 3, 2018 1:55pm Oct 3, 2018 1:55pm
Day Chart:
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www.sme-fx.com
  • #104,430
  • Oct 3, 2018 2:18pm Oct 3, 2018 2:18pm
Quoting babakeni
{image}
Patience does pay. Price is at hourly support will be looking for buy opportunities going into non farm report. Be green!
  • #104,431
  • Oct 3, 2018 8:50pm Oct 3, 2018 8:50pm
Long AUDUSD

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This is not investment/trading advise. Will not hold accountable for loss
  • #104,432
  • Oct 3, 2018 9:14pm Oct 3, 2018 9:14pm
The drop continues on the AUDUSD and the pair reaches the 0.7100 level, which has acted as support in the past. The AUDUSD may try to bounce to the upside from the 0.7100 level, but if it continues dropping, then the 0.7000 level could act as support.
  • #104,433
  • Oct 3, 2018 10:28pm Oct 3, 2018 10:28pm
Again i have seen a number of people post fancy charts... but reason why AUD got hammered vs all currencies pairs expect NZ, is because price of copper got hammered a bit, also RBA have signaled no rate hike till next year.

lower AUD is great for the australian ecomony!!!
  • #104,434
  • Oct 3, 2018 10:56pm Oct 3, 2018 10:56pm
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  • #104,435
  • Oct 5, 2018 1:27am Oct 5, 2018 1:27am
Quoting yousername
Long AUDUSD {image}
Long AUDUSD
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This is not investment/trading advise. Will not hold accountable for loss
  • #104,436
  • Oct 5, 2018 2:04am Oct 5, 2018 2:04am
Quoting yousername
{quote} Long AUDUSD {image}
Decided to short
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This is not investment/trading advise. Will not hold accountable for loss
  • #104,437
  • Oct 7, 2018 7:31pm Oct 7, 2018 7:31pm
Oh dear China does like what Australia is saying

https://www.news.com.au/finance/econ...f55e09ae5548a0

Trade war ? Sanctions ?

Australia has depended on China for too long. Maybe this is a wake up call to start becoming non dependent .
  • #104,438
  • Oct 8, 2018 12:56am Oct 8, 2018 12:56am
Quoting lasty
Oh dear China does like what Australia is saying https://www.news.com.au/finance/econ...f55e09ae5548a0 Trade war ? Sanctions ? Australia has depended on China for too long. Maybe this is a wake up call to start becoming non dependent .
Australia has always been dependent on other countries due to the population being tiny.

- USA or CHINA is the only option for supplying goods and my money is to stay with china. News has been saying that the tariff war will sink Australia. TO be honest since the tarriff war freight from CHINA into Australia has been hectic, how do i know? i work in the industry of logistics,
  • #104,439
  • Oct 8, 2018 1:21am Oct 8, 2018 1:21am
Is there a possibility that prices will move back towards 0.704?
  • #104,440
  • Oct 8, 2018 3:24pm Oct 8, 2018 3:24pm
Quoting newtraderer
Is there a possibility that prices will move back towards 0.704?
of course
- If you plant corn, you get corn
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