Menu
Sister Sites

Options

Bookmark Thread

First Page First Unread Last Page Last Post

Print Thread

Similar Threads

EUR/USD, AUD/USD, and CAD/USD ready to move up 2 replies

EUR/GBP, EUR/USD, GBP/USD, AUD/USD, CAD, NZD, JPY, and more... 14 replies

Anyone here trading AUD/USD or USD/AUD tonight regarding AUS Home Loan Report? 1 reply

The AUD/USD 1.00 EUR/AUD 1.60 GBP/AUD 2.00 Thread! 0 replies

AUD Trade Balance and AUD Retail sales 6 replies

Attachments: AUD/USD
Exit Attachments

AUD/USD

Quoting thadakman
0.8640 could be a nice entry to try to go long; about a 50% retracement from the low earlier to the high above 0.8700 and also around the pre-NFP level.

add more short 8640 penetrated
Quoting thadakman
0.8640 could be a nice entry to try to go long; about a 50% retracement from the low earlier to the high above 0.8700 and also around the pre-NFP level.
Just went long at 0.8640... can I have one more winner before the weekend or am I getting greedy? Target 0.8700...
could bounce from here move stop to lock the gain
I moved my SL of my short AUDUSD to .8720 now, till now 70+ pips in 2 positions, but to be honest the drop from there is not conveinced me, if it bounces from .8640 I'll take profit and close them
Attached Image (click to enlarge)
Click to Enlarge Name: audusd25.gif Size: 19 KB
Quoting thadakman
You're looking good so far!
chickened out
closed for 30 pips but not bad for a couple minutes "work"
will watch and wait to re-enter short
Quoting Fx24k
chickened out
closed for 30 pips but not bad for a couple minutes "work"
will watch and wait to re-enter short
Not bad at all... it's pausing here for now; figured this would be a key level.
Quoting thadakman
Just went long at 0.8640... can I have one more winner before the weekend or am I getting greedy? Target 0.8700...
good on you mate! as long as you always obey your plan ,you are winner
Quoting ben10
break the range(8670-8640) tonite? whats the risk? place your bet i need to be in the money if not deep in the money before it break out/down thats all!
she is back in the range, no momentum yet, is the news already out? any news tonite?
G'day troops,

I read most of the traders are in some good pips.

I sat out during this NFP trade but I guess I missed the entry at .8575. Had put my entry at .8556 (Just over .8550) but it never hit.

casual scalping in EUR/USD, currently shorting that pair.

if this moves against me, troops are there in AUd and GBP to rescue :-)

Cheers and have a great long weekend (for Australian Eastern States)
Quoting puks
G'day troops,

I read most of the traders are in some good pips.

I sat out during this NFP trade but I guess I missed the entry at .8575. Had put my entry at .8556 (Just over .8550) but it never hit.

casual scalping in EUR/USD, currently shorting that pair.

if this moves against me, troops are there in AUd and GBP to rescue :-)

Cheers and have a great long weekend (for Australian Eastern States)
have agood long weekend to you too buddy! more VB yeah mate!
Quoting ben10
have agood long weekend to you too buddy! more VB yeah mate!
I need Pips
Quoting puks
I need Pips
i think the move is ove this week , more pips next week

im off surfing the forum, Ciao everyone !
Quoting thadakman
Just went long at 0.8640... can I have one more winner before the weekend or am I getting greedy? Target 0.8700...
Out for 17 pips... markets at a standstill; cleared around 40 pips total today, not too bad since I wasn't planning to do anything this Friday.
http://upload.wikimedia.org/wikipedi...erland.svg.png UBS AG:

AUD: Inflation gauge shakes rate hike expectation (October 2, 2009, 1:02 PM)
The September inflation gauge from TD securities shows prices are still declining from a year earlier. Moreover, the inflation rates are further away from the central bank's target. This has shaken the expectation of a hike next week. We expect a disappointment will keep the Aussie under pressure.
Quoting shahab8b
http://upload.wikimedia.org/wikipedi...erland.svg.png UBS AG:

AUD: Inflation gauge shakes rate hike expectation (October 2, 2009, 1:02 PM)
The September inflation gauge from TD securities shows prices are still declining from a year earlier. Moreover, the inflation rates are further away from the central bank's target. This has shaken the expectation of a hike...

This combined with Risk Aversion factor should technically see AU$ down to .855 by Wednesday. ( gradual descend). Pl let me know what you think.
Find a job that you love and you dont have to work again in your life.
Attached Image (click to enlarge)
Click to Enlarge Name: audusd.jpg Size: 113 KB


Hi guys, this is a 15min chart of aud/usd yesterday and as i was counter trading the trend (thanks shahab8b for forewarning me last night) few people show their concern regarding my position and i really appreciated it much. Least that they know i already place an order sell limit at 8682 (i am avoiding round numbers) just right after bearish reversal pin bar has been completed and my take profit @8640 with 3 position. stop loss @8710 a healty 28 pips, just inside my comfort zone it was filled.

Now let's watch where this market will move, i can vividly see it's bearish bias at the moment but we can't tell until monday open.i am considering the rejection at 8678 by few candles and another at 8662 this means to me that bulls are running out of steam. if by chance it will breakout pass 8630 then i believe in my own perception it will go down upto 8570 before it will stall or reverse... good trading to all.
Success consists of going from failure to failure without loss of enthusiam
Argh....missed my golden opportunity to close the shorts just after the NFP announcement and ended up misclicking 'sell' instead of 'buy'....missed out on some fat profits...

Oh well still ended up with more than 10% equity, even with a revenge trade... hehe

Dow Jones closed 20 points in the red despite the bad news. This could show that the market is still resilient, or that we had already seen that correction with the 2% drop in the equity markets recently and was all that the market was willing to shed.

There is questionability over the USD as a safe haven. The really confusing thing is that the Euro closed up higher than pre-NFP compared to USD and JPY (and versus a lot of others.) AUD was also up higher compared to USD which could signal the rejection of a safe haven currency.

We may go down to 8555, but we may see strong support above 8500. The next few market openings will help to give a direction as to where we are going and the results of the G-7 meetings.

Theres just too many factors going left, right and center at this stage ...I might as well installl a roulette wheel beside my monitor and replace the buy and sell buttons with red and black.
her is what im thinking the spike in volume and how feb2009 trend line held out after the unemployment news friday

1- looking for 8765 as a first target

2- if it goes through and stand its ground above 8765 then it might go and test its high @8860

3-if it goes through and stand its ground above 8860 then its going to be looking for a new high

4-all the above will fail if it closes under feb trend line which currently stands in 8570-8580

so for the time being im going to stay long stop loss under the trend line and goodluck to all
Attached Image (click to enlarge)
Click to Enlarge Name: aud.gif Size: 40 KB
Bulls Make Money, Bears Make Money, Pigs Get Slaughtered
Hi Guys

Wasn't at work the last couple of days so didn't have access to the email to get the reports but have attached them for you now (Thursday and Friday's reports).

Attached File(s)
File Type: pdf BOS_Market_Strategy_Daily_1_Oct_2009.pdf   92 KB | 176 downloads


Attached File(s)
File Type: pdf BOS_Market_Strategy_Daily_2_Oct_2009.pdf   107 KB | 182 downloads


USDX 4 Hour

One of my points of interest was for PA to break my 200 MA on my 4 hour chart. Looks like it was saved on Friday. Love it when PA is so precise.

Attached Image (click to enlarge)
Click to Enlarge Name: USDX-4HOUR-2OCT.PNG Size: 85 KB


Good trades
Nothing worth having is easy.
thanks patience, I am posting an USDX chart with an interesting reversal pattern.

I believe that equites and commodites might be starting a correction and USD reverse from these levels, maybe not immediately but don't see more downside indeed.

If that was the case, then AUD would have more space to fall compared to other risk related currencies.
Let's keep an eye to the markets, this week could be very important.


DOW JONES has been pushed down not far from 10,000 and now is approaching the support zone at 9460 / 9430.
We could see 9200 / 9300 and then 8700 / 8800 if market will choose more profit taking.

GOLD the 1010 - 1025 area proved to be hard to climb, let's watch the pivot and support 987
A break could lead it to 973

It seems that equities are stretched at this point, and investors may be willing to enter only at lower prices.
They say we are still in a bear market, I don't believe it and currencies do proove indeed big names have been buying stocks this spring and summer.
But after a 60% rise, it's lecit to expect a 15 - 20% fall before further rise.
Attached Image (click to enlarge)
Click to Enlarge Name: usdxw.JPG Size: 69 KB
1 trader viewing now