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AUD/USD

  • #461
  • Aug 5, 2008 10:47pm Aug 5, 2008 10:47pm
Quoting jest1081
im short since my first post n this thread at 98c. What does that make me?

Texasforex...im all alone now...
9270? im wishing to see 9400. come on you bulls!
u ever trade gbp/aud? it's moved 1,000 pips up, only 1 minor retrace. I'm expecting a 500 pip drop before it resumes it's up trend.
  • #462
  • Aug 5, 2008 10:53pm Aug 5, 2008 10:53pm
Quoting Clouds
u ever trade gbp/aud? it's moved 1,000 pips up, only 1 minor retrace. I'm expecting a 500 pip drop before it resumes it's up trend.
nope two different animals. GBPAUD not as liquid so, its expected.
  • #463
  • Aug 5, 2008 11:54pm Aug 5, 2008 11:54pm
Quoting Clouds
u ever trade gbp/aud? it's moved 1,000 pips up, only 1 minor retrace. I'm expecting a 500 pip drop before it resumes it's up trend.
I'll be watching for the long then...
  • #464
  • Aug 6, 2008 12:06am Aug 6, 2008 12:06am
no direction for the past few hours except sideways... have to wait for the poms to come online and stir things up..

could possibly see an upswing against the USD, too early to call it yet however on the 4hr charts.
  • #465
  • Aug 6, 2008 12:41am Aug 6, 2008 12:41am
Quoting HipsterPipster
I'll be watching for the long then...
what are you waiting for? Do you have a price target? if not you must be expecting a substantial fall..
  • #466
  • Aug 6, 2008 12:45am Aug 6, 2008 12:45am
Quoting aldialdi88
hello, have a quick look at this chart, it looks like a triangle, and stochastic is heading down. you make the decision.
stochastic is not reliable and actually on au/yn looks very firm for an upbreak..
  • #467
  • Aug 6, 2008 12:48am Aug 6, 2008 12:48am
The fate of the forex world, and the USD bulls lies in UJ 108.5 , if resistance holds (which I'm not sure if it will), we can welcome USD bears back.
  • #468
  • Aug 6, 2008 1:04am Aug 6, 2008 1:04am
Quoting Trader Neal
what are you waiting for? Do you have a price target? if not you must be expecting a substantial fall..
I am not shorting GBP/AUD, but would expect it to find support around 2.1000 if it makes it there.
  • #469
  • Aug 6, 2008 1:38am Aug 6, 2008 1:38am
Quoting HipsterPipster
I am not shorting GBP/AUD, but would expect it to find support around 2.1000 if it makes it there.
thanks good reply.. i might go long with you there but at this point it looks bearish - for who knows how long and will have to see how much of a sell off there is.. it's all a guessing game of course and one's perception plus the methods they use. hopefully i'm right i need to make a winning trade here. i place 30+ winners in a row but i'm eating it on a few losses at the moment.
  • #470
  • Aug 6, 2008 3:17am Aug 6, 2008 3:17am
ok traders, by show of hands, who is short and who is long? have we had our retrace back to 0.92? now all stops 0.89??
  • #471
  • Aug 6, 2008 3:28am Aug 6, 2008 3:28am
long. It hasn't cleared the 200SMA for quite sometime. Stochs and AC about to turn up.
Attached Image (click to enlarge)
Click to Enlarge Name: aud.gif Size: 32 KB
TRADE FOR SWAP
  • #472
  • Aug 6, 2008 3:36am Aug 6, 2008 3:36am
morning,...i guess we survive the night,..thats something...i was expecting my sl to be hit...but it wasnt,..coffe anyone?-...
its just money
  • #473
  • Aug 6, 2008 3:38am Aug 6, 2008 3:38am
long looks really bad now
  • #474
  • Aug 6, 2008 3:42am Aug 6, 2008 3:42am
Quoting 5ysfx
long looks really bad now
it does i'm not denying that..
  • #475
  • Aug 6, 2008 3:43am Aug 6, 2008 3:43am
Quoting de123
morning,...i guess we survive the night,..thats something...i was expecting my sl to be hit...but it wasnt,..coffe anyone?-...
i don't drink coffee but in this trading environment it's needed. 1 eye on the pattern, 1 eye on the news..

crude just firmed up..
  • #476
  • Aug 6, 2008 3:45am Aug 6, 2008 3:45am
Quoting 5ysfx
long looks really bad now
what makes u think long looks bad now,...long looks bad for the past few days...,...now seriously, this was expected if u check dailly chart with heikin ashi,..u see that we dont make new lows, and that bulls are getting power ,...
its just money
  • #477
  • Aug 6, 2008 3:49am Aug 6, 2008 3:49am
Quoting de123
morning,...i guess we survive the night,..thats something...i was expecting my sl to be hit...but it wasnt,..coffe anyone?-...
Morning,, I went short aud/cad, not because i think aud/usd is going down, but because cad is going show strength. I want to short eur/cad too
  • #478
  • Aug 6, 2008 4:06am Aug 6, 2008 4:06am
Quoting Clouds
Morning,, I went short aud/cad, not because i think aud/usd is going down, but because cad is going show strength. I want to short eur/cad too
thanks for tip..
  • #479
  • Aug 6, 2008 4:08am Aug 6, 2008 4:08am
Quoting Clouds
Morning,, I went short aud/cad, not because i think aud/usd is going down, but because cad is going show strength. I want to short eur/cad too
i wona short eur/au, usd/can,..and long eur/usd, gbp/usd,...anyway,..i think thats ...after US Fed rate trading,...the rate is fixed at 2%...and the market needs time to eat this...dont let him not to eat this...let them move out of iraq first,..then i go long dollar...
its just money
  • #480
  • Aug 6, 2008 4:09am Aug 6, 2008 4:09am
any good charts with support levels or trend-lines?
please, thanks.
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