AUD/USD | Page 556 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

AUD/USD

Similar Threads

EUR/GBP, EUR/USD, GBP/USD, AUD/USD, CAD, NZD, JPY, and more... 15 replies

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

  • #11,101
  • Dec 8, 2009 3:10am Dec 8, 2009 3:10am
Interesting thoughts Jesus7474, I agree with much of what you say but in my opinion after lots of research on gold it is not classified as a bubble.....
When all costs including r&d are taken into account it now costs miners around $1000 and growing to produce an ounce, so while it may pullback under $1000 it will not stay there for long.

Anyway enough on Gold this is a AUD thread and fundamentally it is a bull market at the moment,until there is a weekly close below .89 this is a fact.

This how I see it anyway, everyone will see something different, thats what makes a market
Price is what you pay. Value is what you get
  • #11,102
  • Dec 8, 2009 3:37am Dec 8, 2009 3:37am
Quoting Scalpin
Interesting thoughts Jesus7474, I agree with much of what you say but in my opinion after lots of research on gold it is not classified as a bubble.....
When all costs including r&d are taken into account it now costs miners around $1000 and growing to produce an ounce, so while it may pullback under $1000 it will not stay there for long.

Anyway enough on Gold this is a AUD thread and fundamentally it is a bull market at the moment,until there is a weekly close below .89 this is a fact.

This how I see it anyway, everyone will see something different,...
well, i wasnot questioning the AUD fall to what level , what made me make the comment was the idea of the interest rate only will move the market ,,, anyways
Some ppl said about the oil when it reached 150 dollars the same ,, they didnt call it bubble but IT IS ,, and it fell to 35 dollars ,,,
Gold ,, it should be around 1000 as i said , i m not questioning if it goes down from 1000 how fast it ll pop up ,,
last thing when something goes 25% over its hostorical normal price ,, i m talkin about 25% ,, thats BIG NUMBER , then we should never convience our selfs that its the fair price for it and it ll go up sharp from there
i m not saying as well it ll go down from here cause maybe not but .... when it falls in one day the sharpest fall in the year for unemplyment numbers in usa then this is a signal of the weakness base its standing on it now
LOok at the oil chart last year and learn from it ,when oil fell to less than 20% of its price ,, the market and every market in the world is UPS AND DOWNS , its not smart to think its an up market only and convience ourself with that by saying (( THE WORLD ALL TIME RECORD FOR THE GOLD WHICH IS 25% HIGHER THAN THE LAST RECORD )) IS A NORMAL AND FAIR PRICE !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
  • #11,103
  • Dec 8, 2009 3:52am Dec 8, 2009 3:52am
Quoting Jesus4748
forgot to put my FIB levels on the chart but it favours rebound from 9280 9220 , i ll go short from there
secondly
guys i m workin with Elliot waves analysis and fib ,, just if anyone asks why the hell i make this calls ,, if u r familler with elliott u ll be able to read my count there in the chart
Hi Jesus
Thanks for your charts. good and helpful. I am with you there about Gold relation to risky assests, but am a bit confused about the direction of it in the near furure. Some years ago when Russia decieded to sell their gold reserves, the market paniced and prices droped heavily. We just need one country to drop their gold and the prices will be back well under 1000 again. Thats when AUD will be supported by its fundamentals. There was a comment by I think Paul Keating a while ago saying that any higher rate over .78 against the US is bad for our economy. So whethere after all these ups and downs, we go to .78 or not, that would be answered by time.

Good luck and keep your charts coming
Find a job that you love and you dont have to work again in your life.
  • #11,104
  • Dec 8, 2009 3:53am Dec 8, 2009 3:53am
I agree with what you say Jesus7474 (were you born in 74?)

Oil is an interesting one however don't ever compare oil to gold (not saying you are)
Price is what you pay. Value is what you get
  • #11,105
  • Dec 8, 2009 4:20am Dec 8, 2009 4:20am
Quoting Scalpin
I agree with what you say Jesus7474 (were you born in 74?)

Oil is an interesting one however don't ever compare oil to gold (not saying you are)
LOL , u dont have to call me jesus 4748 ,, jesus is enough
call me jesus man
  • #11,106
  • Dec 8, 2009 4:23am Dec 8, 2009 4:23am
Quoting tradoholic
Hi Jesus
Thanks for your charts. good and helpful. I am with you there about Gold relation to risky assests, but am a bit confused about the direction of it in the near furure. Some years ago when Russia decieded to sell their gold reserves, the market paniced and prices droped heavily. We just need one country to drop their gold and the prices will be back well under 1000 again. Thats when AUD will be supported by its fundamentals. There was a comment by I think Paul Keating a while ago saying that any higher rate over .78 against the US is bad...
thanks m8
gold is now struggling between ups and downs ,, a close below 1100 or a break of 1135 will be very bearish in my prospective
  • #11,107
  • Dec 8, 2009 5:01am Dec 8, 2009 5:01am
Quoting Jesus4748
forgot to put my FIB levels on the chart but it favours rebound from 9280 9220 , i ll go short from there
secondly
guys i m workin with Elliot waves analysis and fib ,, just if anyone asks why the hell i make this calls ,, if u r familler with elliott u ll be able to read my count there in the chart

Cool
  • #11,108
  • Dec 8, 2009 5:07am Dec 8, 2009 5:07am
anyone has opinion about the weakness of the aussie ? 9050 support still hold but
  • #11,109
  • Dec 8, 2009 5:11am Dec 8, 2009 5:11am
Quoting Jesus4748
HELLO EVERYONE
thats my paint for today lol
nothing much changed since thos morning chart but its just confirmation
dark red lines r possible rebound down levels
red lines r the levels which i dont want to see the price at or it ll make my analysis invalid
so we need to watch 9180 92 9225 levels ,, to short there
happy hunt everyone
havent heard from u ben in long time
and shahab where have u gone !!!!!!!!
i have a little different count for aud/usd,i think a 5 wave move down as big wave 1 should complete, wave 2 is on the way, it shoud ending arround w1's 61.8% retracement at 0.9218
Attached Image (click to enlarge)
Click to Enlarge Name: audusd.gif Size: 26 KB
  • #11,110
  • Dec 8, 2009 5:15am Dec 8, 2009 5:15am
aud/yen and eur/yen got wooot down
  • #11,111
  • Dec 8, 2009 5:21am Dec 8, 2009 5:21am
  •  G_Man
  • | Joined Aug 2009 | Status: getting ready for the next Battle | 781 Posts
Quoting ben10
anyone has opinion about the weakness of the aussie ? 9050 support still hold but
I dont think so ben, 8980 is probably be the next stop unless GOLD gets its strenght back but i doubt in this week ...

USD is Bullish so everything else is Bearish ...
  • #11,112
  • Dec 8, 2009 5:22am Dec 8, 2009 5:22am
Quoting kidd
i have a little different count for aud/usd,i think a 5 wave move down as big wave 1 should complete, wave 2 is on the way, it shoud ending arround w1's 61.8% retracement at 0.9218
Nice fibo there buddy , so are you expecting the 9052 level to penetrated?
  • #11,113
  • Dec 8, 2009 5:24am Dec 8, 2009 5:24am
Quoting G_Man
I dont think so ben, 8980 is probably be the next stop unless GOLD gets its strenght back but i doubt in this week ...

USD is Bullish so everything else is Bearish ...
a- ha i see! usd strenght at play
  • #11,114
  • Dec 8, 2009 5:28am Dec 8, 2009 5:28am
aussie is falling fast too so cool!
  • #11,115
  • Dec 8, 2009 5:31am Dec 8, 2009 5:31am
Quoting ben10
Nice fibo there buddy , so are you expecting the 9052 level to penetrated?
i donot know if the wave2 is finish or not,b/c is hits wave1's 50% retracement at 0.9187, the overnight movement looks a little be corretive to me,so it may go up to test the 61.8%,then the 0.9050 will hold. if not, wave 3 is on the way( as i typing aud drop like a rock), min targert for wave 3 is 100% wave1 projection at 0.8917
  • #11,116
  • Dec 8, 2009 5:45am Dec 8, 2009 5:45am
Quoting ben10
Nice fibo there buddy , so are you expecting the 9052 level to penetrated?
so far so good 9052 still hold , if it reject should consider long
  • #11,117
  • Dec 8, 2009 5:46am Dec 8, 2009 5:46am
Quoting kidd
i donot know if the wave2 is finish or not,b/c is hits wave1's 50% retracement at 0.9187, the overnight movement looks a little be corretive to me,so it may go up to test the 61.8%,then the 0.9050 will hold. if not, wave 3 is on the way( as i typing aud drop like a rock), min targert for wave 3 is 100% wave1 projection at 0.8917
thanks !
  • #11,118
  • Dec 8, 2009 5:53am Dec 8, 2009 5:53am
  •  G_Man
  • | Joined Aug 2009 | Status: getting ready for the next Battle | 781 Posts
Quoting ben10
so far so good 9052 still hold , if it reject should consider long
US open is important ... 8 more minutes and things will be lot more clear ... i still think 8980 then 8940 then 8910 ...
  • #11,119
  • Dec 8, 2009 5:54am Dec 8, 2009 5:54am
closed both the aud/usd, euro/yen short

http://img40.imagefra.me/img/img40/1...im_fed1574.png
  • #11,120
  • Dec 8, 2009 6:19am Dec 8, 2009 6:19am
second attemp! now ...move stop at breakeven point and ready to snowball , average position at 0.7096 x3

http://img38.imagefra.me/img/img38/1...km_602e60e.png
42 traders viewing now