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AUD/USD

  • #105,321
  • Jul 17, 2019 1:54am Jul 17, 2019 1:54am
short in at 0.7007 target 0.6993
Don't trade what you think. Just what you see!!!
  • #105,322
  • Jul 17, 2019 11:17am Jul 17, 2019 11:17am
going short here
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  • #105,323
  • Jul 17, 2019 12:57pm Jul 17, 2019 12:57pm
Quoting jpwtrading
going short here {image}
#FFS
(GMT +2)
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  • #105,324
  • Jul 17, 2019 12:59pm Jul 17, 2019 12:59pm
short NU instead (imo a better play).
  • #105,325
  • Jul 17, 2019 1:04pm Jul 17, 2019 1:04pm
Quoting asgcorp
short NU instead (imo a better play).
you are right!
  • #105,326
  • Jul 17, 2019 1:24pm Jul 17, 2019 1:24pm
Quoting asgcorp
short NU instead (imo a better play).
I'm cautious about shorting I'll wait for the pull back (short counter trend) then jump in long.
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  • #105,327
  • Jul 17, 2019 1:34pm Jul 17, 2019 1:34pm
Quoting Neil0163
{quote} I'm cautious about shorting I'll wait for the pull back (short counter trend) then jump in long. {image}
nice levels to short from
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  • #105,328
  • Jul 17, 2019 10:35pm Jul 17, 2019 10:35pm
Quoting jpwtrading
{quote} nice levels to short from {image}
Granted, but I avoid counter trend trading I'll wait for it too pull back and make a HL then jump in long.
  • #105,329
  • Jul 18, 2019 8:17am Jul 18, 2019 8:17am
Quoting forexguy516
{quote} So far so good, ready to start adding for the next move up. All bad news negative news, overbought and still going up. Primed to break out here soon.

If this breaks here it's gone, this is where I should have been buying lol, but as I said last week I had to get in at 6927 just way to obvious. I'm adding if it breaks and will continue to until 75 and ride this to 80.
  • #105,330
  • Jul 18, 2019 8:39am Jul 18, 2019 8:39am
Quoting Neil0163
{quote} Granted, but I avoid counter trend trading I'll wait for it too pull back and make a HL then jump in long.
proved to be the better strat
  • #105,331
  • Jul 18, 2019 6:27pm Jul 18, 2019 6:27pm
Quoting jpwtrading
{quote} proved to be the better strat
no stop loss strat ftw , i've been holding aud longs at 0.7090 since March and April this year and they're about to go positive.

i'm am the ultimate hodler! green pips baby, green pips!!!

Attached Image
grist for the mill
  • #105,332
  • Jul 18, 2019 6:34pm Jul 18, 2019 6:34pm
Quoting JackJones
{quote} no stop loss strat ftw , i've been holding aud longs at 0.7090 since March and April this year and they're about to go positive. i'm am the ultimate hodler! green pips baby, green pips!!! {image}
well done mate
people leave, but this thread will go on for ever
  • #105,333
  • Jul 18, 2019 7:38pm Jul 18, 2019 7:38pm
Quoting JackJones
{quote} no stop loss strat ftw , i've been holding aud longs at 0.7090 since March and April this year and they're about to go positive. i'm am the ultimate hodler! green pips baby, green pips!!! {image}
price reached the top of a descending channel, wishing you luck sir.
  • #105,334
  • Jul 18, 2019 7:41pm Jul 18, 2019 7:41pm
Quoting waveafterwav
{quote} price reached the top of a descending channel, wishing you luck sir.
dont jinx me bro, .7100 looks thiic
grist for the mill
  • #105,335
  • Jul 18, 2019 9:01pm Jul 18, 2019 9:01pm
Quoting JackJones
{quote} dont jinx me bro, .7100 looks thiic
could be a long leg up after a breakout too : )
  • #105,336
  • Jul 18, 2019 10:37pm Jul 18, 2019 10:37pm
Quoting Jmfx1
{quote} I'd still like to see 0.7070 met to be honest. Some positive data coming out of China (despite what the media portray it as) GDP figures were still as expected. I think the US will suffer more so from the China issues and I do see USDCNH dropping to 6.8300 eventually and therefore taking AUDUSD with it as well. The rate cuts coming from the RBA were priced in and now I believe its time for AUD to start to move higher off the back of Dovish FED, higher Yuan Vs USD and the fact we've bottomed out at the 0.6850 level. I saw someone mentioned...
There we have it folks, called it a few days ago. Got slightly lucky not to be stopped out and my position was slightly earlier. Never the less it was a nice trade and helped along the way to FED Williamson swaying more towards that 50 bps cut at the end of June.
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  • #105,337
  • Jul 19, 2019 12:05am Jul 19, 2019 12:05am
Quoting Jmfx1
{quote} There we have it folks, called it a few days ago. Got slightly lucky not to be stopped out and my position was slightly earlier. Never the less it was a nice trade and helped along the way to FED Williamson swaying more towards that 50 bps cut at the end of June. {image}
so what should we expect next sir?
  • #105,338
  • Jul 19, 2019 2:11am Jul 19, 2019 2:11am
Quoting waveafterwav
{quote} so what should we expect next sir?
Well by any means don't expect anything. The market moves for a whole host of reason, from intraday to long terms outlooks. In my opinion it would be difficult to see AUDUSD slip below 0.7000 assuming the FED cuts at the end of the month. If we get a 50bps I see a strong move higher into the 0.7100's potentially.
  • #105,339
  • Jul 19, 2019 8:19am Jul 19, 2019 8:19am
A/U 5min
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  • #105,340
  • Jul 19, 2019 8:37am Jul 19, 2019 8:37am
A/U 5min
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