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AUD/USD

  • #5,141
  • Oct 2, 2009 7:48am Oct 2, 2009 7:48am
Long at 0.8600, but ready to get out quick... any break above pre-NFP numbers (around 0.8635) and this pair should run the rest of the day.
  • #5,142
  • Oct 2, 2009 7:51am Oct 2, 2009 7:51am
Quoting thadakman
Long at 0.8600, but ready to get out quick... any break above pre-NFP numbers (around 0.8635) and this pair should run the rest of the day.
good entry i think this holding pretty well after the no.s goodluck thadakman
Bulls Make Money, Bears Make Money, Pigs Get Slaughtered
  • #5,143
  • Oct 2, 2009 7:54am Oct 2, 2009 7:54am
Quoting blue_z_zz
good entry i think this holding pretty well after the no.s goodluck thadakman
Thanks, real hard to say which way it's headed though.
  • #5,144
  • Oct 2, 2009 7:59am Oct 2, 2009 7:59am
Quoting thadakman
Thanks, real hard to say which way it's headed though.
if it holds its ground above 8585 in the next few hours then the chances of going up increases but if not lokking for a long very long down side
Bulls Make Money, Bears Make Money, Pigs Get Slaughtered
  • #5,145
  • Oct 2, 2009 8:00am Oct 2, 2009 8:00am
Quoting cvarnado
Who is trading in here!
Mr joga
  • #5,146
  • Oct 2, 2009 8:00am Oct 2, 2009 8:00am
Quoting blue_z_zz
if it holds its ground above 8585 in the next few hours then the chances of going up increases but if not lokking for a long very long down side
Agree; that's good support... any new low today and it's looking real bad...
  • #5,147
  • Oct 2, 2009 8:04am Oct 2, 2009 8:04am
Quoting thadakman
Agree; that's good support... any new low today and it's looking real bad...
thadakman if this hourly candle closes above 8628 look for a reveasal
Bulls Make Money, Bears Make Money, Pigs Get Slaughtered
  • #5,148
  • Oct 2, 2009 8:06am Oct 2, 2009 8:06am
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)
Hi,
You can go long, but not now, it's just not the right time (you need to think of each short term trend cycle- for AUDUSD is about 2-5 days)
  • #5,149
  • Oct 2, 2009 8:09am Oct 2, 2009 8:09am
I'm reading here, everyone excited and talk about taking a long position,
NFP is released, it's worse, the market is heading up right now I'm typing, that's the first move NFP, the 2nd will come down in 3 hr
  • #5,150
  • Oct 2, 2009 8:10am Oct 2, 2009 8:10am
Quoting shahab8b
Hi,
You can go long, but not now, it's just not the right time (you need to think of each short term trend cycle- for AUDUSD is about 2-5 days)
hello shahab any confirmation on wave 3
Bulls Make Money, Bears Make Money, Pigs Get Slaughtered
  • #5,151
  • Oct 2, 2009 8:11am Oct 2, 2009 8:11am
Once the market opens, we should see another drop as Dow Jones opens in the red.

Fundamentally in the short term we should be bearing down further as the NFP result is a reason why the RBA won't raise rates sooner and further raises questions about the global recovery.

What you might find is whether this is a minor correction or top for now.
  • #5,152
  • Oct 2, 2009 8:14am Oct 2, 2009 8:14am
Hi guys i'm interested on your topic on this thread at the moment... infact i just did enter a long position at 0.8594 and having a sl of 0.8570 and currently i'm enjoying a healthy 15 pips and now moving my sl 10 pips higher...


i'll keep you posted for updates

cheers mate.
Success consists of going from failure to failure without loss of enthusiam
  • #5,153
  • Oct 2, 2009 8:16am Oct 2, 2009 8:16am
The EUR just broke pre-NFP numbers...
  • #5,154
  • Oct 2, 2009 8:17am Oct 2, 2009 8:17am
and it is still pushing it's way up... for some of you who wants to enter long, wait for the next candle to retrce back to 0.8605 and enter long and make a sl of 20 pips lower to the previous low. cheers
Success consists of going from failure to failure without loss of enthusiam
  • #5,155
  • Oct 2, 2009 8:18am Oct 2, 2009 8:18am
Just closed it for 23 pips b/c I have to drive to work and don't want to think about it too much on the way.... good luck guys... I may get back in a little later today; not sure if I'll go long or short yet though later.
  • #5,156
  • Oct 2, 2009 8:21am Oct 2, 2009 8:21am
Quoting thadakman
Just closed it for 23 pips b/c I have to drive to work and don't want to think about it too much on the way.... good luck guys... I may get back in a little later today; not sure if I'll go long or short yet though later.
very good
Bulls Make Money, Bears Make Money, Pigs Get Slaughtered
  • #5,157
  • Oct 2, 2009 8:30am Oct 2, 2009 8:30am
Quoting blue_z_zz
hello shahab any confirmation on wave 3
Hi Bluz_z_zz, today US market move is crucial, DJI support is at 9950 , if that breaks everyone will be so panic , with bailout money already spent, that would be the worst thing ever
  • #5,158
  • Oct 2, 2009 8:32am Oct 2, 2009 8:32am
Quoting dongsky
and it is still pushing it's way up... for some of you who wants to enter long, wait for the next candle to retrce back to 0.8605 and enter long and make a sl of 20 pips lower to the previous low. cheers
Hi dongsky, just my opinion, no long today, if you sure you are reading the charts well, please keep SL in place, just in case

Peace
  • #5,159
  • Oct 2, 2009 8:33am Oct 2, 2009 8:33am
my target will be at 0.8640 and take profit and i will move my sl up another 5 pips...
Success consists of going from failure to failure without loss of enthusiam
  • #5,160
  • Oct 2, 2009 8:37am Oct 2, 2009 8:37am
holyshhhh i hope no one got margin call
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