AUD/USD

I hear you! Grand-daughter is 5 years old and it's more like all those facebook games... but the headache is probably the same, ha ha !

Trading with pending orders and only longing AUD (unless she's asleep and I see an obvious short) has taken off much of the worries, though...

let see if my heart pumping fast here

http://img40.imagefra.me/img/img40/1...1m_e4e5644.png

lets move stop up will we

Good luck, I am opposite. Long G/J short A/U.

should i dance , no not yet kevin , oops time is calling, got to go and see all tonite, Ciao!

hmm..

thanks Sinner ! good luck to you too buddy and good pipping to all see you all tonite!

Here is Tuesday's Daily Market Strategy



And FXCM's Sentiment Index. It's very mixed. 86% of traders short on Yen They must be for the BoJ. Might be another couple of hundred pips before they might intervene (if they do).


EURUSD - The ratio of long to short positions in the EURUSD stands at -1.99 as nearly 67% of traders are short. Yesterday, the ratio was at -2.06 as 67% of open positions were short. In detail, long positions are 3.2% lower than yesterday and 33.5% weaker since last week. Short positions are 6.7% lower than yesterday and 23.9% stronger since last week. Open interest is 5.6% weaker than yesterday and 0.4% below its monthly average. The SSI is a contrarian indicator and signals more EURUSD gains.

GBPUSD - The ratio of long to short positions in the GBPUSD stands at -1.30 as nearly 57% of traders are short. Yesterday, the ratio was at -1.36 as 58% of open positions were short. In detail, long positions are 1.3% higher than yesterday and 14.7% stronger since last week. Short positions are 2.9% lower than yesterday and 30.2% weaker since last week. Open interest is 1.1% weaker than yesterday and 3.2% below its monthly average. The SSI is a contrarian indicator and signals more GBPUSD gains.

GBPJPY - The ratio of long to short positions in the GBPJPY stands at 1.84 as nearly 65% of traders are long. Yesterday, the ratio was at 1.61 as 62% of open positions were long. In detail, long positions are 12.8% higher than yesterday and 46.2% stronger since last week. Short positions are 1.4% lower than yesterday and 33.5% weaker since last week. Open interest is 7.4% stronger than yesterday and 5.0% above its monthly average. The SSI is a contrarian indicator and signals more GBPJPY losses.

USDJPY - The ratio of long to short positions in the USDJPY stands at 6.27 as nearly 86% of traders are long. Yesterday, the ratio was at 4.03 as 80% of open positions were long. In detail, long positions are 21.8% higher than yesterday and 22.1% stronger since last week. Short positions are 21.7% lower than yesterday and 20.7% weaker since last week. Open interest is 13.1% stronger than yesterday and 26.7% above its monthly average. The SSI is a contrarian indicator and signals more USDJPY losses.

USDCAD - The ratio of long to short positions in the USDCAD stands at 1.42 as nearly 59% of traders are long. Yesterday, the ratio was at 1.57 as 61% of open positions were long. In detail, long positions are 7.3% lower than yesterday and 33.1% weaker since last week. Short positions are 2.3% higher than yesterday and 10.4% weaker since last week. Open interest is 3.5% weaker than yesterday and 19.8% below its monthly average. The SSI is a contrarian indicator and signals more USDCAD losses.

USDCHF - The ratio of long to short positions in the USDCHF stands at 3.35 as nearly 77% of traders are long. Yesterday, the ratio was at 3.38 as 77% of open positions were long. In detail, long positions are 10.2% lower than yesterday and 19.0% stronger since last week. Short positions are 9.4% lower than yesterday and 25.6% weaker since last week. Open interest is 10.0% weaker than yesterday and 6.9% above its monthly average. The SSI is a contrarian indicator and signals more USDCHF losses.

AUDUSD - The ratio of long to short positions in the AUDUSD stands at 1.12 as nearly 53% of traders are long. Yesterday, the ratio was at -1.11 as 53% of open positions were short. In detail, long positions are 13.0% higher than yesterday and 17.2% stronger since last week. Short positions are 9.1% lower than yesterday and 1.9% weaker since last week. Open interest is 1.4% stronger than yesterday and 6.6% above its monthly average. The SSI is a contrarian indicator and signals more AUDUSD losses.

NZDUSD - The ratio of long to short positions in the NZDUSD stands at 1.60 as nearly 62% of traders are long. Yesterday, the ratio was at 1.18 as 54% of open positions were long. In detail, long positions are 12.8% higher than yesterday and 26.1% stronger since last week. Short positions are 17.3% lower than yesterday and 34.6% weaker since last week. Open interest is 1.0% weaker than yesterday and 12.1% below its monthly average. The SSI is a contrarian indicator and signals more NZDUSD losses.

Well it wasn't by choice that I held on for 2 years. I didn't have a clue what I was doing back then. I just held on for dear life. I've been very, very lucky to get out of some really bad situations over the years. We have the same problem. I never hold the good trades long enough.

Thanks for the heads up re Facebook. I'm not into Facebook so haven't got a clue about the games but my head has been done in all the same with MJ's "Thriller" and JLS "Everybody in Love" vids.

I'm gonna have to get more organised like you with pending orders now that I've pulled her out of nursery because it just ain't working at the moment and I'm blindly placing longs on A/J and AUD/CAD when they dip. I know, I know, really baaaaddddd

Just a question from me guys,

After this double IB (triangle) + NR4 (rectangle) + low volatility (not shown on this broker) breakout on NZDUSD daily (one of the rarest and most reliable breakout setups without a doubt often can infer market inflection points from this setup)...does anyone really think we are going to make a new high?

Really?

Thanks Patience. Very useful read. Appreciate your posting it here.

Happy Pipping :-)

stil possible to see 19320

Been waiting ALL DAY for the bloody EMA20 on M5 (A/U) and M15 (G/J) to cross.

ALL DAY I TELL YOU.

Hopefully now G/J go up and A/U go down.

I think AU is going down ....to .9000 (weekly S1)?

I completely agree with you, i have a strategy i trade on the euro and aud each week and it says that aud needs to touch 9030 this week. 1.4785 for the euro. the strategy has a 95% probability of working, i would share it but i'm not sure how to post a chart, it seems to only want to let me do it as an attachment rather than image.

HI,
I did not want to introduce another pair either, but I must say I am very happy with Aussie /$... I am now watching it daily and as of yet had a strong track record of success. (with a minimal bad calls) I am enjoying the correlation between Physical Gold Spot and studying when and where the two split and re-correlate

As Far as E/U or (fibre):
I will be gauging the moves and trades on a few factors:
#1 USDX - 2 The DOW - 3 - Gold - 4 - My charting - MAs - TLs - Fibs.

I feel to reach the level you are interested in, the immediate resistance hurdle is .5000, where we are now. We need a significant breach of this area to continue up.

The daily's on Aussie and E/U show the possibility of more upswing.
We need to watch Gold and the USD closely!! (in my opinion)
X-

USDIX has room to go to 71-72....therefore AU might keep going up....

i need backup here.. im short from .9267. am i save holding short for now,where shud i put my SL? 9.300?

masters..

i went short coz i follow the divergent candlestick method on 1H chart,it has always work so far,till now..i dont know

u can see it at the attachment

Mate if you took a trade without knowing where to put your stoploss before you entered, then my friend you need to work on your system as this will only lead to failure. Your stop is the line in the sand where you say I've miss timed the market and it's time to cut my losses and move on.

good luck.

Letitride