AUD/USD

i think oil is leader of this jump is threre any political news?

LOL.....are you serious

as serious as a heart attack,...are we still looking for a aus drop or is that out the window?

I have been using a tri-frame momentum strategy and it is working perfectly over the last few hours. Use M15, 30 and H1 for your frames and a general stoch and you will be set. The market is bouncing in a range right now, so this will work perfect. I think this will probably still work for another hour or so.

still trading nzd/usd?

Let me explain something....

What is your trade,
what is your profit what is your stop loss
what is the reason you took the trade...

If you can answer then the we can probably assist you ...

i wanted to play the rate decision,....since it didnt hike up,...i expected the AUS to sell off,....i know the commodities are up for the day,..so should we look for it to drop after NY close,....or will this continue into the later sessions,....???

yes have shorts in the NZD/USD and the AUS/USD

it may go up, i took long at break of .71
what's your stop loss?

My heartiest congrats to the ski instructor who bought
aud at .8780.
well done 100pips in the pocket

is there any expert for MT4 which close all positions according to equity? if equity = X then close all positions?

Hi Wall St,
AUD seems to be following a tight st dev channel or a loose inear right now. The only items (fundamentally) I can see moving this in the next few hours is AUD's trade balance at 17:30. Also, look for a move tomorrow as USD's nonfarm employment figures are released. I can see AUD moving up for at least an hour or so before breaking StDev Channel significantly. I think the market may have overreacted slightly on the news releases and we are recovering for a bit. I think right around 8805 we will see some consolidation for both a price break and a news release. I don't think that these releases will be as priced in so even if the news is as expected, I would still expect a move, not the average as prices ususally reflect and only move if actual is different then expected. Also, I would not be in the market near any of those releases, so as soon as you see a consolidation I would clear out and wait till the news and reaction clears.

Dear Geppy

I am guessing that it will go to .8860 due to fibo retracement.
So I will limit order a short@ .8860 with 30pip SL. I ll trade with a trailing stop of 30pips.

What are your view?

cheers

technical aspect: what is this pattern bearish flag ? cup and handle? somehow strange

more like, the early stages of a double bottom...IMO

i guess its just a downward channel.
sometimes there ain't no pattern
thus it trap traders who were guessingfor a pattern.
the mkt is fluid'....we re just trying to make sense of it
sometime we are right sometimes wrong....


cheers

shorted @8860

sir] whats ur Sl?

just kiss my SL and go down i hope it goes up more100 pip and make
me happy for right sl

I forgot the reason:

fibo touch