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AUD/USD

  • #107,061
  • Aug 23, 2021 5:20am Aug 23, 2021 5:20am
i vote for sideways-- when in doubt I draw something to confirm my bias, maybe,, it's a bat

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grist for the mill
  • #107,062
  • Aug 23, 2021 10:21am Aug 23, 2021 10:21am
Quoting superamigo
{image} Opportunity to buy: order: 0,71507 sl: 0,71175 tp: 0,72005
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WINNN +49,8 pips in the pocket
  • #107,063
  • Aug 23, 2021 10:50am Aug 23, 2021 10:50am
They won't lockdown Australia forever, negative interest rates won't happen.
  • #107,064
  • Aug 23, 2021 6:08pm Aug 23, 2021 6:08pm
Does anyone think this retracement is anything other than a pullback before Jackson Hole?

The old pump and dump so to speak...

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It takes a lot for me to IGNORE you, but you can try.
  • #107,065
  • Aug 23, 2021 6:28pm Aug 23, 2021 6:28pm
Iron Ore took a hit by China.. ASX200 recovered yesterday a bit +ve... so might be a pull back..
  • #107,066
  • Aug 23, 2021 9:53pm Aug 23, 2021 9:53pm
Bullish all the way after 0.71 tank! Let's see how the USD move in this week.
  • #107,067
  • Aug 23, 2021 10:17pm Aug 23, 2021 10:17pm
Quoting Erebus
Does anyone think this retracement is anything other than a pullback before Jackson Hole? The old pump and dump so to speak... {image}
whilst I’ve ridden it down from .7280 (average) I have finally droops a SL at .7190 based on the same
  • #107,068
  • Aug 24, 2021 12:25am Aug 24, 2021 12:25am
Quoting Erebus
Does anyone think this retracement is anything other than a pullback before Jackson Hole? The old pump and dump so to speak... {image}
Hello Erebus Sir.. I liked your ADR and Trend Display charts.. if you are kind enough to share the exe plz for the indicators .. would be a great help..
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  • #107,069
  • Aug 24, 2021 12:40am Aug 24, 2021 12:40am
Its got legs this week got money it hits 7250 , too late to jump on now tho
grist for the mill
  • #107,070
  • Aug 24, 2021 3:20am Aug 24, 2021 3:20am
Quoting TradeToProfi
{quote} Hello Erebus Sir.. I liked your ADR and Trend Display charts.. if you are kind enough to share the exe plz for the indicators .. would be a great help..
I would like to help but apparently, you don't have PM turned on or you are a new member.

Both of those are paid for indicators found at https://www.mql5.com/

But the policy is not to advertise here, even though those are for Metatrader, weird I know.

So I cannot mention them, perhaps you could see the name on that chart for one, and the other looks like an ADR Dashboard

It takes a lot for me to IGNORE you, but you can try.
  • #107,071
  • Aug 24, 2021 6:56pm Aug 24, 2021 6:56pm
Quoting JackJones
Its got legs this week got money it hits 7250 , too late to jump on now tho
7250 has arrived, possibly leg 2 down , market manipulators seem to have added a few more short but not much considering the past month and its delayed so maybe they have reduced after the last drop, so possibly another big push low to further reduce short exposure? or possibly just going to sit in this value area for the rest of the week.. will see
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grist for the mill
  • #107,072
  • Aug 26, 2021 9:31pm Aug 26, 2021 9:31pm
Hello,.....
Just my Plan
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  • #107,073
  • Aug 27, 2021 3:03am Aug 27, 2021 3:03am
Powell spikes could kill all stop losses.
Trends have a higher probability of continuing than not.
  • #107,074
  • Aug 27, 2021 3:42am Aug 27, 2021 3:42am
Quoting eurusd-thijs
Powell spikes could kill all stop losses.
hahaha, everybody fear
  • #107,075
  • Aug 27, 2021 4:14am Aug 27, 2021 4:14am
https://www.forexfactory.com/attachm...1&d=1630005965

a year ago this happened in eurusd, the audusd one i do not have
Trends have a higher probability of continuing than not.
  • #107,076
  • Aug 28, 2021 1:59am Aug 28, 2021 1:59am
Quoting Antarain
Hello,..... Just my Plan {image}
Failed
  • #107,077
  • Aug 28, 2021 3:15am Aug 28, 2021 3:15am
My area of interest for a trend continuation, but more patience needed to get price action confirmation.
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Forex is a waiting game
  • #107,078
  • Aug 28, 2021 1:00pm Aug 28, 2021 1:00pm
Quoting femiquadri
My area of interest for a trend continuation, but more patience needed to get price action confirmation. {image}
I think there is still a possibility of this going up to somewhere between 7340 to 7375. I agree it will continue the downtrend but if anyone looking for short might get a better deal around that area. 7375 would be an excellent price to go short. At least 80 to 90 pips drop.
  • #107,079
  • Aug 28, 2021 4:57pm Aug 28, 2021 4:57pm
Quoting Piphunter40
{quote} I think there is still a possibility of this going up to somewhere between 7340 to 7375. I agree it will continue the downtrend but if anyone looking for short might get a better deal around that area. 7375 would be an excellent price to go short. At least 80 to 90 pips drop.
I agree with you, reason why I said more confirmation is needed. If there is no continuous rejection of that zone in the next 2-3 daily candle, then set-up is invalid.
Forex is a waiting game
  • #107,080
  • Aug 29, 2021 5:54pm Aug 29, 2021 5:54pm
I want to short this pair. Entry 0.73085. Stop 0.73245. Target 0.72905. Reason: too high too fast. A correction to start the week seems reasonable, to me.
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