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AUD/USD

  • #5,121
  • Oct 2, 2009 2:54am Oct 2, 2009 2:54am
Might chase it down by trailing stop with 20 pip trail.
  • #5,122
  • Oct 2, 2009 3:32am Oct 2, 2009 3:32am
if this holds in the next couple of hours above 8585 i close my shorts and might go long its interesting
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  • #5,123
  • Oct 2, 2009 3:39am Oct 2, 2009 3:39am
.8631 plus or minus 8pips seems to be where this is going to reside for a bit.

What is a good chase for a trailing stop?
  • #5,124
  • Oct 2, 2009 3:39am Oct 2, 2009 3:39am
looking at my hourly charts their is a chance of a mid 87s pop on the cards lets wait and see still waiting for confermation
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  • #5,125
  • Oct 2, 2009 3:44am Oct 2, 2009 3:44am
Pretty much last few days.
  • #5,126
  • Oct 2, 2009 3:58am Oct 2, 2009 3:58am
  •  G_Man
  • | Joined Aug 2009 | Status: getting ready for the next Battle | 781 Posts
Quoting blue_z_zz
if this thing closes today below 8585 say goodbye to the feburay 2009 uptrend so thats why i was asking you way 8555 i woud short that no. becuase its sits below the 8 months trend line so good luck to you
hey blue_z_zz, the difference between your prediction and mine is only 30 pips ... is that right?
  • #5,127
  • Oct 2, 2009 4:01am Oct 2, 2009 4:01am
Quoting G_Man
hey blue_z_zz, the difference between your prediction and mine is only 30 pips ... is that right?
yes your totally right but i would not want a candle closing in that area to go long but above it today will signal a reveasal short term
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  • #5,128
  • Oct 2, 2009 4:10am Oct 2, 2009 4:10am
  •  G_Man
  • | Joined Aug 2009 | Status: getting ready for the next Battle | 781 Posts
alright, lets do a vote, we need everyones opinion, please type at what point you will go long this week ... (e.g. i will go long at 8555)
  • #5,129
  • Oct 2, 2009 4:13am Oct 2, 2009 4:13am
Quoting G_Man
alright, lets do a vote, we need everyones opinion, please type at what point you will go long this week ... (e.g. i will go long at 8555)
G_man if this holds this hour at this level 8620 i will go long @ 8 am est but its got hold at it current level
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  • #5,130
  • Oct 2, 2009 4:30am Oct 2, 2009 4:30am
Quoting Geppyg
Trade 1: Short 8755 Currently down -60 pips
Trade 2: Short 8820 Currently down +3
Trade 3: Short will be entered at 8875- Pending
Stop Loss for all trades at 9025
Total Risk 15 % if third position gets opened...

Good Luck will Update the trades as and when they happen
Status Update:

Trade 1:200 pips trade closed
Trade 2:135 pips trade closed
Total pips in the Aussie trade 335 pips

I will re-enter the trades after NFP or I will close my week of and restart next week

Good Luck

GeppyG
Let Price determine your future!
  • #5,131
  • Oct 2, 2009 4:38am Oct 2, 2009 4:38am
Quoting Geppyg
Status Update:

Trade 1:200 pips trade closed
Trade 2:135 pips trade closed
Total pips in the Aussie trade 335 pips

I will re-enter the trades after NFP or I will close my week of and restart next week

Good Luck

GeppyG
very good gep impressive hope you add more pips today
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  • #5,132
  • Oct 2, 2009 4:39am Oct 2, 2009 4:39am
today is better not to trade, since everything might happen, even that NFP is much better than expected and dollar rallies because fed could not take so long to start considering an interest rate increase
  • #5,133
  • Oct 2, 2009 5:00am Oct 2, 2009 5:00am
going long
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  • #5,134
  • Oct 2, 2009 5:03am Oct 2, 2009 5:03am
Quoting blue_z_zz
very good gep impressive hope you add more pips today
Brov All was done live here and had placed the trade with you guys online...Thats the way to do it....

Thanks matey...

I am planning a long as well..Will wait for nfp confirmation

Have a good Day
GeppyG
Let Price determine your future!
  • #5,135
  • Oct 2, 2009 5:05am Oct 2, 2009 5:05am
Quoting Geppyg
Brov All was done live here and had placed the trade with you guys online...Thats the way to do it....

Thanks matey...

I am planning a long as well..Will wait for nfp confirmation

Have a good Day
GeppyG
i usaully let my chart confirms the move before the news as you know charts are usually a leading indicator of whats going to happen
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  • #5,136
  • Oct 2, 2009 5:09am Oct 2, 2009 5:09am
im going to sell my longs on the news as still my long term sentiment is bearish
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  • #5,137
  • Oct 2, 2009 5:23am Oct 2, 2009 5:23am
  •  G_Man
  • | Joined Aug 2009 | Status: getting ready for the next Battle | 781 Posts
Quoting fammira
today is better not to trade, since everything might happen, even that NFP is much better than expected and dollar rallies because fed could not take so long to start considering an interest rate increase
i am still trading ... NFP or NFP ... if you trade today ... which side would you pick?
  • #5,138
  • Oct 2, 2009 5:26am Oct 2, 2009 5:26am
so G_man are you waiting or in a trade now
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  • #5,139
  • Oct 2, 2009 5:39am Oct 2, 2009 5:39am
got stopped
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  • #5,140
  • Oct 2, 2009 5:42am Oct 2, 2009 5:42am
but this trend is holding quite well it did peirce throw but back up above it if it stand this hour ill go long again
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