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AUD/USD

  • #105,061
  • May 17, 2019 9:14pm May 17, 2019 9:14pm
Quoting riclater211
{quote} Hey All, After a couple days, price continues downward. New stop at last swing high of 0.69594. I am not so sure it will make it to my 2:1 target anymore but I will keep that in place. Since it is a free trade I will stick with my original plan of 0.63848 target. Currently up 70 with 34 secured. Today's AUD unemployment numbers may change things but I doubt it. Employment Change numbers almost always surprise against consensus but the Unemployment Rate, IMHO more important than the change) has been pretty much as expected. So we shall shall...
Hey All,

Trade is still alive after 15 days and creeping closer to my Target of 0.63848. Secure stop is now at 0.69200 which equals 74 pips. As of market close I am only 24 pips away from my target so with any luck that full 150 pips will be mine in a few days!!

Have A Great Weekend,

- Ric
Attached Image (click to enlarge)
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Be humble or get humbled
  • #105,062
  • May 18, 2019 4:23am May 18, 2019 4:23am
https://www.theguardian.com/australi...rack-the-votes

For now Coalition : 17 Labor: 14 good for AUD let see final result
  • #105,063
  • May 18, 2019 6:53am May 18, 2019 6:53am
Inserted Video
grist for the mill
  • #105,064
  • May 18, 2019 7:06am May 18, 2019 7:06am
Quoting JackJones
https://www.youtube.com/watch?time_c...&v=OQ5WOc0S6T4

So, does it mean bullish?
  • #105,065
  • May 18, 2019 8:48am May 18, 2019 8:48am
Quoting thenk
https://www.theguardian.com/australi...rack-the-votes For now Coalition : 17 Labor: 14 good for AUD let see final result
now Coalition : 60 Labor: 55, if Coalition can reach 76 seats, I think AUD will gap up on Sunday night
  • #105,066
  • May 18, 2019 9:05am May 18, 2019 9:05am
Quoting thenk
{quote} now Coalition : 60 Labor: 55, if Coalition can reach 76 seats, I think AUD will gap up on Sunday night

66-60, Coalition is just 10 seats away.
If you want in on my experimental EA, PM me.
  • #105,067
  • May 18, 2019 9:31am May 18, 2019 9:31am
Quoting RegisMexes
{quote} 66-60, Coalition is just 10 seats away.
is a final result?
  • #105,068
  • May 18, 2019 10:10am May 18, 2019 10:10am
Quoting laudenny
{quote} is a final result?
No, 72-63
  • #105,069
  • May 18, 2019 10:19am May 18, 2019 10:19am
Quoting laudenny
{quote} is a final result?
76 seats needed by any party to win.

Coalition leading 72-63.
If you want in on my experimental EA, PM me.
  • #105,070
  • May 18, 2019 1:57pm May 18, 2019 1:57pm
Quoting RegisMexes
{quote} 76 seats needed by any party to win. Coalition leading 72-63.
Coalition has already won. Hopefully there would be some rally in Aud in Monday as their government favour bank with less regulations.
sell strength in falling markets, and buy weakness in rising markets.
  • #105,071
  • May 18, 2019 2:37pm May 18, 2019 2:37pm
Quoting htcone
{quote} Coalition has already won. Hopefully there would be some rally in Aud in Monday as their government favour bank with less regulations.
Ah, I thought 76 seats were needed. Yeah, saw the news. Shrugs.

Will AUD really gap up? Who knows...I see some people calling for a gap of 100-200 pips...lol.
If you want in on my experimental EA, PM me.
  • #105,072
  • May 18, 2019 2:44pm May 18, 2019 2:44pm
Quoting htcone
{quote} Coalition has already won. Hopefully there would be some rally in Aud in Monday as their government favour bank with less regulations.
8seats are left yet. anyway for a quite win only four more seats are needed.
  • #105,073
  • May 18, 2019 2:49pm May 18, 2019 2:49pm
Quoting RegisMexes
{quote} Ah, I thought 76 seats were needed. Yeah, saw the news. Shrugs. Will AUD really gap up? Who knows...I see some people calling for a gap of 100-200 pips...lol.
nobody is certain but i think it will be back to .70 ,we will see
  • #105,074
  • May 18, 2019 6:49pm May 18, 2019 6:49pm
Why would it gap up ?, the same idiots remain in control
  • #105,075
  • May 18, 2019 7:39pm May 18, 2019 7:39pm
Quoting thenk
{quote} now Coalition : 60 Labor: 55, if Coalition can reach 76 seats, I think AUD will gap up on Sunday night
Why AUD will gap up if Coalition win? Sorry newbie.
  • #105,076
  • May 18, 2019 9:44pm May 18, 2019 9:44pm
Quoting laudenny
{quote} Why AUD will gap up if Coalition win? Sorry newbie.
Hype. The government is still useless. But people are expecting it to go up so it should jump up. Only expecting 50-100 pips tho. Australia is still in a rough spot. Look forward to monday!
  • #105,077
  • Edited 10:36pm May 18, 2019 10:06pm | Edited 10:36pm
i dont know anything about aussi politics so thats why my opinion prolly means the most LOLOL since im objective,

alot of the weakness in aud other then the tariff situation was the almost universsal conviction that labor was going to win...i guess even bookies paid off early to bettors who picked labor

https://www.stuff.co.nz/world/austra...r-win-lose-13m


so now that votes went the other way everybodys gona short cover so thas why aud is going up but not at the same rate across the pairs cause it will be held back a little on jpy and cad and such cause of the tariff situation


3 to 6 monthsw from now aud may be lower than it is right now but definitely not the next 2 weeks LOL

if u still want to stay a loser trading keep reading and listening to conventional wisdom....best to be contrarian
buy the rumor,sell the news
  • #105,078
  • May 18, 2019 10:09pm May 18, 2019 10:09pm
Quoting wasntme
i dont know anything about aussi politics so thats why my opinion prolly means the most LOLOL since im objective, alot of the weakness in aud other then the tariff situation was the almost universsal conviction that labor was going to win...i guess even bookies paid off early to bettors who picked labor https://www.theaustralian.com.au/nat...e5d07647c28ac7 so now that votes went the other way everybodys gona short cover so thas why aud is going up but not at the same...

Perfectly stated.
  • #105,079
  • Edited 11:09pm May 18, 2019 10:53pm | Edited 11:09pm
apparently labor are now the inner city policy snobs and the coalition are the ones trying to protect peoples homes / jobs and the economy

i'm guessing it might hold up AUD for a bit but not for long - blood bath averted for now, what a pity
grist for the mill
  • #105,080
  • May 18, 2019 11:18pm May 18, 2019 11:18pm
Quoting JackJones
apparently labor are now the inner city policy snobs and the coalition are the ones trying to protect peoples homes / jobs and the economy i'm guessing it might hold up AUD for a bit but not for long - blood bath averted for now, what a pity
I know right!? I was hoping labor would win just so the AUD crashes more hahahaha. Well the good news is there are more shorting oppurtunities coming!
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