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AUD/USD

  • #15,501
  • Feb 4, 2010 2:43pm Feb 4, 2010 2:43pm
My astrological charts worked much better than any other technical or fundamental analysis. Still short on ASX200, Dow, Gold and AUD.
Find a job that you love and you dont have to work again in your life.
  • #15,502
  • Feb 4, 2010 2:49pm Feb 4, 2010 2:49pm
I am also short on AUDUSD since 0.8825. I will give it some days to develop and hope it will test the 50% fibonacci level.

Attached is a screenshot, why I entered the trade - in weekly chart. Don't have the time for daytrading so I switched to higher timeframes. Worked great so far!

(At the moment, I am shorting everything. EURUSD, EURJPY, EURGBP, GBPUSD)
Attached Image (click to enlarge)
Click to Enlarge Name: audusd.png Size: 28 KB
  • #15,503
  • Feb 4, 2010 2:53pm Feb 4, 2010 2:53pm
Quoting Kristo
I suspect AUD/USD will test 86.30 region before it decides where to go. Chart attached.
look who is here!! hi Kristo, welcome back,
how have you been? seems you are going to be well in money in a week or two- if not sooner
  • #15,504
  • Feb 4, 2010 2:57pm Feb 4, 2010 2:57pm
Quoting tradoholic
My astrological charts worked much better than any other technical or fundamental analysis. Still short on ASX200, Dow, Gold and AUD.
hi tradoholic, so how do you get that astrological chart? so you have been short all these moves, any retirement plan to hawaii?
  • #15,505
  • Feb 4, 2010 3:05pm Feb 4, 2010 3:05pm
Quoting shahab8b
hi tradoholic, so how do you get that astrological chart? so you have been short all these moves, any retirement plan to hawaii?
Hi Shahab,
They are doing excellent. Holiday is definately on, have made fantastic points so far, This week has been the best sofar, but in this business you never know oneday you are rich and the next day........ God knows.
I am thinking of starting an astrological thread as many on this thread dont want to hear about it. If I get some feed back I might do it.
Find a job that you love and you dont have to work again in your life.
  • #15,506
  • Feb 4, 2010 3:11pm Feb 4, 2010 3:11pm
Quoting shahab8b
hi tradoholic, so how do you get that astrological chart? so you have been short all these moves, any retirement plan to hawaii?
In my years of trading, I followed many different techniques. Made and lost lots of money. I had decided not to trade anymore after the last crash, untill I noticed one of my friends ( an astrologer) predictions on many different things to be more accurate than just co incidence. So I have been studying it for about a year and with his help am applying it to the stock and Forex market. Sofar the rate of accuracy has amazed me, but still need to work on the timing.
Find a job that you love and you dont have to work again in your life.
  • #15,507
  • Feb 4, 2010 3:26pm Feb 4, 2010 3:26pm
Quoting tradoholic
In my years of trading, I followed many different techniques. Made and lost lots of money. I had decided not to trade anymore after the last crash, untill I noticed one of my friends ( an astrologer) predictions on many different things to be more accurate than just co incidence. So I have been studying it for about a year and with his help am applying it to the stock and Forex market. Sofar the rate of accuracy has amazed me, but still need to work on the timing.
so what will come next? do you think stocks are heading to a new low below march 09? and USD gets stronger than 09 pick?
  • #15,508
  • Feb 4, 2010 3:37pm Feb 4, 2010 3:37pm
Quoting shahab8b
so what will come next? do you think stocks are heading to a new low below march 09? and USD gets stronger than 09 pick?
Purely on astrological basis, the reverse trend from june last year is on the cards. I thought that if I I can somehow predict the movements of either Gold or the Dow, then the rest ( Forex and stocks) can be worked out. The eclipse on 15th Jan triggered the down fall, no doubt about that. the effects of that will be on until 15th June this year. I cant see the Dow getting back to levels higher than that of 15th Jan. The down fall is quite massive. Dollar index is definately heading up, probably 85-88 range. Gold as I mentioned a while ago is on its way down to sub 900. My friend ( astrologer) thinks that it would get close to 650. After 15th of june ( or therabouts as I am still working on timing) the Dow should head back up, my guess would be to double in the first year. Lets see......
Find a job that you love and you dont have to work again in your life.
  • #15,509
  • Feb 4, 2010 3:46pm Feb 4, 2010 3:46pm
Quoting shahab8b
so what will come next? do you think stocks are heading to a new low below march 09? and USD gets stronger than 09 pick?
Sorry didnt answer your question right. I dont think it will go below the last bottom, but will be very close to it. Again I didnt expect 10000 on the Dow to be broken or even come close to it before march, but it looks like the momentum and the thrust is more than I anticipated. JPY, USD, GBP will be the three strong currencies.
Find a job that you love and you dont have to work again in your life.
  • #15,510
  • Feb 4, 2010 4:04pm Feb 4, 2010 4:04pm
WTF ????!??????
I went to bed because I was bored watching this pair only to wake up to see another 150 pips wiped off the aussie....when will this end ??
  • #15,511
  • Feb 4, 2010 4:08pm Feb 4, 2010 4:08pm
Quoting Daytrader74
WTF ????!??????
I went to bed because I was bored watching this pair only to wake up to see another 150 pips wiped off the aussie....when will this end ??
I guess you werent trading in Sept 08 , do some money managment if your trades are in red, and look at the weekly chart it's a double top, we may or may not get back to S turns R zone at .8735-75 ,then heading lower again, price usually re-touch a broken S/R line
  • #15,512
  • Feb 4, 2010 4:10pm Feb 4, 2010 4:10pm
Quoting Daytrader74
WTF ????!??????
I went to bed because I was bored watching this pair only to wake up to see another 150 pips wiped off the aussie....when will this end ??
like clouds said, .64
  • #15,513
  • Feb 4, 2010 4:12pm Feb 4, 2010 4:12pm
Quoting OvT
like clouds said, .64
I don't believe it will go down that far no reason for it to go to 0.64
  • #15,514
  • Feb 4, 2010 4:12pm Feb 4, 2010 4:12pm
Quoting shahab8b
I guess you werent trading in Sept 08 , do some money managment if your trades are in red, and look at the weekly chart it's a double top, we may or may not get back to S turns R zone at .8735-75 ,then heading lower again, price usually re-touch a broken S/R line
NFP tonight might just give it a little extra push
like you said just don't know what will happen before that
  • #15,515
  • Feb 4, 2010 4:16pm Feb 4, 2010 4:16pm
Last night we hit Quarter 1 lows at 8607, there maybe a short term bounce from here, but my charts suggest lower lows. My next target is 82. If price manages to break 82 then i will be with clouds and say 64 is within reach.
  • #15,516
  • Feb 4, 2010 4:19pm Feb 4, 2010 4:19pm
Quoting Daytrader74
I don't believe it will go down that far no reason for it to go to 0.64
i was thinking that too, actually still am
but on the other hand i am thinking on the opposite side too - as in what if the tops arent the solid ground after all, gravity will still kick in after the effects are out

anyway, the drop last night seems to be from the weakness in euro and also dragging down commodities - gold
  • #15,517
  • Feb 4, 2010 4:19pm Feb 4, 2010 4:19pm
Quoting OvT
NFP tonight might just give it a little extra push
like you said just don't know what will happen before that
honestly I doubt than ,I think they've already sold aggeresively, the trend is down for sure, but I think the bulls dont give up without putting a fight first
  • #15,518
  • Feb 4, 2010 4:22pm Feb 4, 2010 4:22pm
Quoting OvT
i was thinking that too, actually still am
but on the other hand i am thinking on the opposite side too - as in what if the tops arent the solid ground after all, gravity will still kick in after the effects are out

anyway, the drop last night seems to be from the weakness in euro and also dragging down commodities - gold
that's not just euro, it's risk aversion, all around the gold, all stocks crashed today on the other hand bonds headed higher
  • #15,519
  • Feb 4, 2010 4:24pm Feb 4, 2010 4:24pm
Quoting amyc
Last night we hit Quarter 1 lows at 8607, there maybe a short term bounce from here, but my charts suggest lower lows. My next target is 82. If price manages to break 82 then i will be with clouds and say 64 is within reach.
hi amyc ,any chance of a leg up (according to your charts) to take a short again?
  • #15,520
  • Feb 4, 2010 4:26pm Feb 4, 2010 4:26pm
Quoting shahab8b
honestly I doubt than ,I think they've already sold aggeresively, the trend is down for sure, but I think the bulls dont give up without putting a fight first
Nothing is impossible. here how i see it in relations to the non-farm news.

Forecast: +3K
There will be mass selling of AUD/USD if >+50K
A temporary retracment back up to 88 if <-50K

If neutral: will range between 0.88-0.86 for a few days before heading back down
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