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AUD/USD

  • #16,601
  • Feb 16, 2010 4:19am Feb 16, 2010 4:19am
Quoting ams
Hey Geppy, good going mate!

yup, same thing I said..can't see many experienced traders on this thread hence usual cable version.


ta
ams
Hi ams,

I am fine and have been concentrating on AUS for the last month, been the most fantastic..low risk pair to trade..swings have been to the point as well...

Just post here on the odd occasion...

Best regards...waiting for a high volume on this pair to kick in by wednesday...

Still in some cable longs...waiting for them to yield the full value...

Have a nice trading week

GeppyG
Let Price determine your future!
  • #16,602
  • Feb 16, 2010 4:24am Feb 16, 2010 4:24am
Quoting ams
Hey Geppy, good going mate!

yup, same thing I said..can't see many experienced traders on this thread hence usual cable version.

ta
ams
Quoting Hell7
This move could be over for now
Hihi - the ones that are looking long post once every few days - the ones that are looking short post 50 times a day, probably to convince themselves that they are right while seeing price go up.

That being said, I did take a small short scalp at the 50% retracement of the recent downswing. Some profit taken a few minutes ago, to cover my stop (just above today's high) on the remaining position.
Attached Image (click to enlarge)
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  • #16,603
  • Feb 16, 2010 4:29am Feb 16, 2010 4:29am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
Same here matey!!

Holding long GU from ages..don't know what drama is happening there. Hope it gets a break today after the inflation rise.

I find AU good as well. It's very resistant in going down. Someone has loaded their guns heavily, guess it's not you

What's on wednesday??

Good pipees to you to mate!

ta
ams



Quoting Geppyg
Hi ams,

I am fine and have been concentrating on AUS for the last month, been the most fantastic..low risk pair to trade..swings have been to the point as well...

Just post here on the odd occasion...

Best regards...waiting for a high volume on this pair to kick in by wednesday...

Still in some cable longs...waiting for them to yield the full value...

Have a nice trading week

GeppyG
  • #16,604
  • Feb 16, 2010 4:31am Feb 16, 2010 4:31am
short again from 8948
Find a job that you love and you dont have to work again in your life.
  • #16,605
  • Feb 16, 2010 4:51am Feb 16, 2010 4:51am
Quoting tradoholic
short again from 8948
  • #16,606
  • Feb 16, 2010 5:07am Feb 16, 2010 5:07am
Quoting Daytrader74
Find a job that you love and you dont have to work again in your life.
  • #16,607
  • Feb 16, 2010 5:08am Feb 16, 2010 5:08am
Quoting tradoholic
  • #16,608
  • Feb 16, 2010 5:12am Feb 16, 2010 5:12am
Quoting Daytrader74
Hi Daytrader74
What is ur target If you are going short again from 8948?
Actually I am long from 8948, shall I close it or keep it? I am confusing now !
  • #16,609
  • Feb 16, 2010 5:14am Feb 16, 2010 5:14am
Quoting Australia1
Hi Daytrader74
What is ur target If you are going short again from 8948?
Actually I am long from 8948, shall I close it or keep it? I am confusing now !
Keep your long, in about 5 minutes it should turn around
Find a job that you love and you dont have to work again in your life.
  • #16,610
  • Feb 16, 2010 5:17am Feb 16, 2010 5:17am
Quoting Daytrader74
Thanks mate... I closed all shorts 8937. Including Gold 113.7. Going long now from 8938. Will be long for the next 50 minutes or so.
Find a job that you love and you dont have to work again in your life.
  • #16,611
  • Feb 16, 2010 5:17am Feb 16, 2010 5:17am
Quoting Australia1
Hi Daytrader74
What is ur target If you are going short again from 8948?
Actually I am long from 8948, shall I close it or keep it? I am confusing now !
I didn't go short again at 8948 I'm short from 8960 lol and will keep my shorts on until TP @0.8910
  • #16,612
  • Feb 16, 2010 5:18am Feb 16, 2010 5:18am
Quoting tradoholic
Thanks mate... I closed all shorts 8937. Including Gold 113.7. Going long now from 8938. Will be long for the next 50 minutes or so.
I'm staying short
  • #16,613
  • Feb 16, 2010 5:27am Feb 16, 2010 5:27am
Quoting Daytrader74
I'm staying short
Good luck mate. I recovered all the loss of the day in that 2 hours. I will be going short again after 00:15. Just experimenting these timings now with just 1 lot.
Find a job that you love and you dont have to work again in your life.
  • #16,614
  • Feb 16, 2010 5:39am Feb 16, 2010 5:39am
Quoting tradoholic
Good luck mate. I recovered all the loss of the day in that 2 hours. I will be going short again after 00:15. Just experimenting these timings now with just 1 lot.
  • #16,615
  • Feb 16, 2010 5:41am Feb 16, 2010 5:41am
My charts show a bit of the opposite, down short term (check out the pull back in gold) Hourly and daily still shows up. (I posted my chart a few pages back) I am long AUD, EUR and short CAD from yesterday.



Kim
  • #16,616
  • Feb 16, 2010 5:46am Feb 16, 2010 5:46am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
very right Kim,

Unless we see a clear break of 89, it's not worth shorting this pair yet unless scalping of course.


ta
ams

Quoting kimd
My charts show a bit of the opposite, down short term (check out the pull back in gold) Hourly and daily still shows up. (I posted my chart a few pages back) I am long AUD, EUR and short CAD from yesterday.



Kim
  • #16,617
  • Feb 16, 2010 5:52am Feb 16, 2010 5:52am
Quoting BobbyBob
Not sure if people here have read Money Managment 101
But topping up on a losing trade is defiantly not the way to go, unless you have pre-planned these "top ups"
You would be surprised, how successful an averaging can be! One of my favorite techniques, very profitable!
  • #16,618
  • Feb 16, 2010 6:07am Feb 16, 2010 6:07am
Quoting tradoholic
Thanks mate... I closed all shorts 8937. Including Gold 113.7. Going long now from 8938. Will be long for the next 50 minutes or so.
50 minutes up, closed longs at 8948.
Find a job that you love and you dont have to work again in your life.
  • #16,619
  • Feb 16, 2010 6:25am Feb 16, 2010 6:25am
Quoting Petar_Serbia
I thinikg this can easyly go Up about 70-100 pips maybe more and i have 2 orderes now,eurusd and eurjpy i work on audusd just if i see clearly trade...

Bobby bob,

As i explained many times here on forum,same chart we can always watch on both directions rembember that


THis is example,totaly diferent from yours

Cheers
Daytrader,Fibo-trader and others who opened sell before 7,8 h Good trade

This is trade before and now


Cheers and trade safe,first target hited,maybe we will see 61.8
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: audusdafter5h.gif Size: 22 KB
"Buy on fear, sell on greed !!!
  • #16,620
  • Edited 7:35am Feb 16, 2010 7:09am | Edited 7:35am
Quoting Petar_Serbia
Daytrader,Fibo-trader and others who opened sell before 7,8 h Good trade

This is trade before and now


Cheers and trade safe,first target hited,maybe we will see 61.8
I closed my short before AUD news.
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