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AUD/USD

  • #641
  • Aug 7, 2008 11:46pm Aug 7, 2008 11:46pm
Quoting mhughes104
With the way it fell we may get a rebound but there is not enough data that I see to suggest a rebound atm all im saying is just dont jump into things there will always be other trades down the road

There a saying that goes something like this

"I would rather be wishing I was in a good trade then praying to be out of a bad one"

So be patient
im not recommending you get in a trade , at all. in fact, i'm just using practice account tonight, im just discussing aud/usd
  • #642
  • Aug 7, 2008 11:51pm Aug 7, 2008 11:51pm
Quoting Clouds
im not recommending you get in a trade , aud/usd
LOL I dont take my trades from what I read here I use my charts for that, but these boards are entertaining
Greed Kills
  • #643
  • Aug 7, 2008 11:59pm Aug 7, 2008 11:59pm
Quoting mhughes104
LOL I dont take my trades from what I read here I use my charts for that, but these boards are entertaining
obviously you don't. you're an experienced trader.
  • #644
  • Aug 8, 2008 12:13am Aug 8, 2008 12:13am
Quoting Clouds
obviously you don't. you're an experienced trader.
I do pretty well now but I learned the hard way. At first I always felt I need to be in a trade just to trade but after losing money I found this was not a good idea, now im more patient and not greedy, (greed kills alot of traders) also just like every trader here Im still learning but I know what works for me
Greed Kills
  • #645
  • Aug 8, 2008 12:20am Aug 8, 2008 12:20am
Quoting mhughes104
I do pretty well now but I learned the hard way. At first I always felt I need to be in a trade just to trade but after losing money I found this was not a good idea, now im more patient and not greedy, (greed kills alot of traders) also just like every trader here Im still learning but I know what works for me
tonight, seems like never ending waves of bullish dollar, reminds me of when the euro was making a 1,500 pip climb and no retracements. Away from the sma, back to the sma .
  • #646
  • Aug 8, 2008 12:39am Aug 8, 2008 12:39am
Quoting mhughes104
I do pretty well now but I learned the hard way. At first I always felt I need to be in a trade just to trade but after losing money I found this was not a good idea, now im more patient and not greedy, (greed kills alot of traders) also just like every trader here Im still learning but I know what works for me
I've a feeling most traders learn the hard way.
  • #647
  • Aug 8, 2008 1:23am Aug 8, 2008 1:23am
i think the guys who drove the oil bull run, have now swapped over and are going very bullish on the USD.

this run is unprecedented, and i think the central banks are being very supportive by not stepping in.

check out the 4hr chart... its a staircase straight into hell...

loving every minute of it!
  • #648
  • Aug 8, 2008 2:20am Aug 8, 2008 2:20am
Come on 0.50!!!!

{not short, just it will get there }
  • #649
  • Aug 8, 2008 2:27am Aug 8, 2008 2:27am
anyone else making a killing on this range trade we have now, sweet 20pip swings..
  • #650
  • Aug 8, 2008 2:42am Aug 8, 2008 2:42am
Quoting fiat
anyone else making a killing on this range trade we have now, sweet 20pip swings..
Range???



Trend is clearly down
Attached Image (click to enlarge)
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Attached Image
  • #651
  • Aug 8, 2008 2:43am Aug 8, 2008 2:43am
check out the 1 min chart
  • #652
  • Aug 8, 2008 2:49am Aug 8, 2008 2:49am
I get funny feeling kiwi is going ignore all the usd bullish bs, and go up, where it wants
  • #653
  • Aug 8, 2008 2:51am Aug 8, 2008 2:51am
Quoting NuckingFuts
Range???



Trend is clearly down

i cant find my entry on ur chart

oh theres a daily chart...yeah i see it now
  • #654
  • Aug 8, 2008 5:23am Aug 8, 2008 5:23am
Quoting fiat
anyone else making a killing on this range trade we have now, sweet 20pip swings..

I have my eyes on 87. Let's hit that first. Even the retracements are weak, anyone notice that? It doesn't even seem to hit 38% all the way...
  • #655
  • Aug 8, 2008 6:47am Aug 8, 2008 6:47am
what kind of 618 retracement is that?
it happens just too fast..
  • #656
  • Aug 8, 2008 6:50am Aug 8, 2008 6:50am
Quoting seesaw
I have my eyes on 87. Let's hit that first. Even the retracements are weak, anyone notice that? It doesn't even seem to hit 38% all the way...
agree with u
  • #657
  • Aug 8, 2008 6:59am Aug 8, 2008 6:59am
I think we just witnessed a dead kitty bounce
  • #658
  • Aug 8, 2008 7:04am Aug 8, 2008 7:04am
Quoting seesaw
I think we just witnessed a dead kitty bounce
that kitty is strong man... i am scared
  • #659
  • Aug 8, 2008 1:24pm Aug 8, 2008 1:24pm
Chart
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  • #660
  • Aug 8, 2008 1:52pm Aug 8, 2008 1:52pm
Quoting Clouds
Chart
Attachment
Hey Clouds. your weekly chart and mine look completely different. Who are you using for your charts? They suck.
Attached Image (click to enlarge)
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