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AUD/USD

  • #107,041
  • Aug 6, 2021 9:08am Aug 6, 2021 9:08am
ahh poop, USA wins!
grist for the mill
  • #107,042
  • Aug 6, 2021 1:30pm Aug 6, 2021 1:30pm
Maintain the same outlook

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  • #107,043
  • Aug 9, 2021 5:53am Aug 9, 2021 5:53am
where is the kick up? general trend is there but meh, if there is no kick it will drop like a stone as people rush to sell, only thing holding it is 7000


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grist for the mill
  • #107,044
  • Edited 10:08am Aug 9, 2021 9:42am | Edited 10:08am
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Grit; Knowledge; Right Mindset; All you need to overcome. KIS!
  • #107,045
  • Aug 9, 2021 9:37pm Aug 9, 2021 9:37pm
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its just a script. join the club
  • #107,047
  • Aug 16, 2021 4:37am Aug 16, 2021 4:37am
Still convinced that AUD will keep dropping until Thursday
  • #107,048
  • Aug 17, 2021 8:09am Aug 17, 2021 8:09am
Quoting Beyfor
Maintain the same outlook {image}{image}
The Aussie is performing perfectly as anticipated.

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  • #107,049
  • Aug 18, 2021 8:41pm Aug 18, 2021 8:41pm
Quoting Beyfor
{quote} The Aussie is performing perfectly as anticipated.
Not just the AUD, the USD has to cooperate as well

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If the AUD, NZD, and USD can keep this configuration going until Friday close, that would be appreciated very much
It takes a lot for me to IGNORE you, but you can try.
  • #107,050
  • Aug 19, 2021 1:17am Aug 19, 2021 1:17am
#AUDUSD / H4
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  • #107,051
  • Aug 19, 2021 1:58am Aug 19, 2021 1:58am
Quoting Ayax.TSS
#AUDUSD / H4{image}
We know that trade is 0.01

It takes a lot for me to IGNORE you, but you can try.
  • #107,052
  • Aug 19, 2021 2:12am Aug 19, 2021 2:12am
I’ve dumped 1 lot down to 1.15. It’s just not finding anything that looks like resistance. My stoploss is liquidation at around .667
  • #107,053
  • Aug 19, 2021 7:35am Aug 19, 2021 7:35am
Quoting Erebus
{quote} I was looking for USD strength and watching the major pairs to get in sync but not happening. So, I guess with GBPUSD is leading the charge higher, if AUDUSD aligns today, things will become a bit clear on the high timeframes. Already seeing the USDCHF and USDJPY heading lower Stay alert

If DXY going up, then AUDUSD going down, so GBPAUD deemed to going down, because of correlation

But hang on ......... is relation formulas not GBPAUD=GBPUSD+USDAUD? Is that correct???

in this case if DXY going up, then USDAUD going up, hence AUDUSD going down, and GBPAUD should going up like DXY and not down?!!!

anyone here in depth with this correlation stuff

Pls tell me, I m very confused is that correlation DXY, USD, AUD, GBP correct at all?
  • #107,054
  • Aug 19, 2021 2:05pm Aug 19, 2021 2:05pm
Quoting ntk
{quote} If DXY going up, then AUDUSD going down, so GBPAUD deemed to going down, because of correlation But hang on ......... is relation formulas not GBPAUD=GBPUSD+USDAUD? Is that correct??? in this case if DXY going up, then USDAUD going up, hence AUDUSD going down, and GBPAUD should going up like DXY and not down?!!! anyone here in depth with this correlation stuff Pls tell me, I m very confused is that correlation DXY, USD, AUD, GBP correct at all?
You got me confused too.

If USD is strong, so AUDUSD is a sell, which is buying USD, sell AUD

If USD is strong, so GBPUSD is a sell, which is buying USD, sell GBP

Then most likely AUD and GBP similar strength, both selling, so GBPAUD direction will only tell you which one is weaker or stronger

And that is what I see on the chart, GBP is stronger, then it backs off

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It takes a lot for me to IGNORE you, but you can try.
  • #107,055
  • Aug 19, 2021 5:33pm Aug 19, 2021 5:33pm
Quoting Erebus
{quote} You got me confused too. If USD is strong, so AUDUSD is a sell, which is buying USD, sell AUD If USD is strong, so GBPUSD is a sell, which is buying USD, sell GBP Then most likely AUD and GBP similar strength, both selling, so GBPAUD direction will only tell you which one is weaker or stronger And that is what I see on the chart, GBP is stronger, then it backs off {image}{image}
It is easier too look them two separated in your way, then later compare which is selling stronger to determine the end product GBPAUD.
Thanks you for sharing this Erebus
  • #107,056
  • Aug 20, 2021 6:14am Aug 20, 2021 6:14am
Short GBP/AUD
  • #107,057
  • Aug 22, 2021 3:11pm Aug 22, 2021 3:11pm
Attached Image
Opportunity to buy:

order: 0,71507

sl: 0,71175

tp: 0,72005
  • #107,058
  • Aug 22, 2021 6:07pm Aug 22, 2021 6:07pm
Quoting superamigo
{image} Opportunity to buy: order: 0,71507 sl: 0,71175 tp: 0,72005
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my order is actived

Im in the trade
  • #107,059
  • Aug 23, 2021 12:01am Aug 23, 2021 12:01am
Definitely forming a flag. Question is 50% up or down from here
  • #107,060
  • Aug 23, 2021 2:25am Aug 23, 2021 2:25am
Quoting Brisbane1
Definitely forming a flag. Question is 50% up or down from here
there she goes up another 50% of the flagpole
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