AUD/USD

if anyone interrested ... this is the lowest in the history ...

what do u think guys about shorting here ?

Mmm... still a good thousand + pips to go for that mark... (1.5006 in may 2000)

Hi G_Man, Look at this EURAUD chart, you are not even close to mutliyear support at 1.55, be careful, I know you dont use SL, this pair is a beast, may move 500-600 pips in 2-3 days sometimes

Wow...I have missed a lot...))Time to decide what to do now...

where is the bottom? On my charts I have 9235 as resistance and then 9220. I am long fro 9065

on the up side I have 9250 as a najor resistance, and then 9268. Any one with ideas?

That's right, now is short time against .9312

Fala ae rapaziada !!!

Look thi preetyfigure .... i told 2 days ago kkkkkk

Flyng whith butterfly kkkkkk

See you guys in the next trade

I'm waiting for 9200....much better support area

Report on the Aussie dollar by the faifaz group
2009-11-13

The Australian dollar opened lower on Friday, losing more than a cent against the US dollar, after profit-taking and news of US efforts to maintain a strong currency.
At 0700 AEDT, the Australian dollar was trading at $US0.9223/26, down from Wednesday's close of $US0.9340/45.
During the overnight session, the unit traded between $US0.9215 and $US0.9355.
Commonwealth Bank vice president of institutional banking and markets, Tim Kelleher, said the US dollar had rebounded after news that government borrowing would not be as large as previously predicted.
"The main reason appears to be that (US Treasury Secretary Tim) Geithner has maintained his strong mantra," Mr Kelleher said from Auckland.
"Part of it has been blamed on the fact that the US did not have to borrow as much as had been previously forecast so that's seen some positive sentiment for the US dollar.
"This seems to be the major catalyst.
"There does appear to be some reasonable selling, as well."
Mr Geithner said on Wednesday he believed strongly in the need to maintain a strong dollar and the United States was determined to get its budget deficit down.
The dollar's decline has been a source of concern in the export-heavy region, especially since top exporter China keeps its currency's value closely managed against the US dollar and so felt less impact on prices for its exports than other Asian nations that let their currencies float freely.
"I believe deeply that it's very important to the United States, to the economic health of the United States, that we maintain a strong dollar," Geithner said in a meeting with Japanese reporters at the US embassy.
He was visiting Japan before heading on Wednesday night to Singapore to join a meeting of finance ministers from the 21-nation Asia-Pacific Economic Cooperation forum (APEC) on Thursday.
Mr Kelleher said there had been some profit-taking on the US dollar as well as oil and gold.
He forecast weak growth in the domestic currency during the domestic session as it struggled to push above $0.9250/70.
"The Aussie will stay on the back foot after the highs overnight," he said.
The Australian dollar closed at a 15 month high on Thursday, after better-than-expected employment data firmed currency trader hopes of an interest rate rise in December.
But Mr Kelleher said he was surprised how hard the local unit rallied on the back of the employment data.
"It wasn't dramatically stronger than the market had forecast," he said.
"There must have been some pretty heavy buying.
"The market's probably going to be scared to push too much higher again today."

Short 0.9230 - looking for a decent trip down here.

commodities are down, which usually means a red day for Aus markets...to a degree.

seems like iv done another good job of going in the wrong direction... lol.

My thoughts are that it will stay between the 9240 - 9250 today. No news day, major news in US tonight. Could shake the market..

morning guys, nice move and for those who play longterm(daily chart) stay long and buy more as long as 9200 still hold just IMO! all my short is out but the scout at 9240

http://www.ashraflaidi.com/forex-news/

Indeed it is, ben10. Work of art. I copied that the moment I first started following this thread. A bit tedious to set up at first. But, well worth it.

Thanks and keep doing you.

Hi Wile E, the markets slow at the moment i migth have lunch now, i'll be back

well i guess i exaggerated a bit ... actually a lot ... it was at night and i was loosing my vision ...

you are right my friend ...

NO to SL ... and the spread of 10 pips is a killer ... and I've never traded this one before ...

on a positive note so far i have the perfect entry at 16027 ...