AUD/USD | Page 836 | 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

  • #16,701
  • Feb 17, 2010 3:46am Feb 17, 2010 3:46am
Quoting Squarepants
100 pip retrace doesn't seem likely with the market like this. I will however consider closing the position tonight as there is a lot of US data being released tomorrow.
maybe not, but i have a sell running, with a buy order at .89, and a stop loss for my buy order at .8877.
Have a good one! Night.
  • #16,702
  • Feb 17, 2010 3:55am Feb 17, 2010 3:55am
...
Attached Image (click to enlarge)
Click to Enlarge Name: audusd2.gif Size: 30 KB
  • #16,703
  • Feb 17, 2010 4:00am Feb 17, 2010 4:00am
Quoting Clouds
maybe not, but i have a sell running, with a buy order at .89, and a stop loss for my buy order at .8877.
Have a good one! Night.
Good luck & goodnight
  • #16,704
  • Feb 17, 2010 4:31am Feb 17, 2010 4:31am
you guys sure are trigger happy....

More than %50 short = no shorting for me. I've seen what happens to the herd and it's not pretty.

I usually try to hop in after a crowd has felt the squeeze.


A really interesting pair lately : NZD/USD ... this pair aint budging for nothing, pa for the past two days have shown nothing but upside. Im thinking it's odd that the kiwi would stay afloat when the euro and aud would tank simultaneously...checked long to short ratios and sure enough the lemmings are at it again. Chasing the market, averaging up and all other type of "demonic/disillusioned" trading activities.

Current p/l 0 .7061 ... most should have shorted on a breach of .7000, possibly in the .7020-40 area. Assuming an average stop loss of 80-120 pips. I'll go short at 0.7144, maybe even higher depending on how many stops are triggered on a breach of .07100

As for the Aussie... a tricky one, hard to speculate really but me thinking the worst of the herd will still aim for 9180... maybe even 9230

Yen is working out as expected... knew stops would be flushed above 90.50
Idiot me went long at 90.25 but go stopped out at 90.20 ... go figure. Current level = 90.60 .... bias = sit on hands


Of course I could be wrong...


Everyone cant get paid...
  • #16,705
  • Feb 17, 2010 5:02am Feb 17, 2010 5:02am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
Let's wait and see what happens with FOMC today any hakish comment could trigger dollar buying .

As far as UJ is concerned, it's under pressure of selling that also means it could go higher to get the SL's :-)


ta
ams



Quoting Warwick
you guys sure are trigger happy....

More than %50 short = no shorting for me....
  • #16,706
  • Feb 17, 2010 5:06am Feb 17, 2010 5:06am
added more shorts, back from not sleeping. lol.
valid points for shorts are;

struggling with the 20 SMA on weekly
usd/cad is at 1.04.

could .90 be the new .93?
we'll see
  • #16,707
  • Feb 17, 2010 5:22am Feb 17, 2010 5:22am
Gold needs to smash through 1125 for AUD to comfortably break 9025 and continue heading up.

China is selling out on the greenback should help in giving that extra little push

http://online.wsj.com/article/BT-CO-...atestheadlines
  • #16,708
  • Feb 17, 2010 5:28am Feb 17, 2010 5:28am
Quoting BobbyBob
Gold needs to smash through 1125 for AUD to comfortably break 9025 and continue heading up.

China is selling out on the greenback should help in giving that extra little push

http://online.wsj.com/article/BT-CO-...atestheadlines
Makes sense. Japan has a slightly higher GDP.
  • #16,709
  • Feb 17, 2010 5:30am Feb 17, 2010 5:30am
look how much the euro went down, aussie did nothing , seems to me nobody trades the aussie or something
  • #16,710
  • Feb 17, 2010 5:31am Feb 17, 2010 5:31am
made 43 points riding the range 9020 down 3 times. Thats good enough for the night. I am now bringing my SL to 9025, and leaving my shorts on AUD on. I went short on Euro as well from 13760. Got the entry wrong but after a slight bleed it is now in profit. And by the way, this is not scalping, this is knowing my indicators well.
Find a job that you love and you dont have to work again in your life.
  • #16,711
  • Feb 17, 2010 5:39am Feb 17, 2010 5:39am
Quoting Clouds
look how much the euro went down, aussie did nothing , seems to me nobody trades the aussie or something

For every seller there seems to be more buyers, it's pretty strong right now. I'm on the sidelines with Aud until things become a lot clearer. I`m not buying here, but not selling either.



Kim

PS Love that hockey game last night!
  • #16,712
  • Feb 17, 2010 5:42am Feb 17, 2010 5:42am
Quoting kimd
PS Love that hockey game last night!
Who was playing?
  • #16,713
  • Feb 17, 2010 6:39am Feb 17, 2010 6:39am
Quoting Clouds
added more shorts, back from not sleeping. lol.
valid points for shorts are;

struggling with the 20 SMA on weekly
usd/cad is at 1.04.

could .90 be the new .93?
we'll see
I'm new with indicators, but what is SMA btw? I'm using Fibo right now and it seems that AUD has hard time trying to break or even reach .9040 (Fibo 61.8 from Jan's peak to this month's valley), which suggests Shorts as well.
  • #16,714
  • Feb 17, 2010 6:43am Feb 17, 2010 6:43am
Quoting forexer101
I'm new with indicators, but what is SMA btw? I'm using Fibo right now and it seems that AUD has hard time trying to break or even reach .9040 (Fibo 61.8 from Jan's peak to this month's valley), which suggests Shorts as well.
its 20 hour, simple moving average
also, i was just doing some research with eur/aud, and it seems it's at the bottom of it's channel at 1.52, (If i were to buy eur/aud, i'd go for 300-400 pips, but i'm already in position) which suggests down for aud/usd
  • #16,715
  • Feb 17, 2010 6:53am Feb 17, 2010 6:53am
Quoting Clouds
its 20 hour, simple moving average
also, i was just doing some research with eur/aud, and it seems it's at the bottom of it's channel at 1.52, (If i were to buy eur/aud, i'd go for 300-400 pips, but i'm already in position) which suggests down for aud/usd
oh.. in that case, my SMA shows 0.8880 on 20h period. but i really dont know what it indicates actually. do you treat it as a magnet, meaning that if the cable has been far off the line too long it should come back?
  • #16,716
  • Feb 17, 2010 6:56am Feb 17, 2010 6:56am
Quoting forexer101
oh.. in that case, my SMA shows 0.8880 on 20h period. but i really dont know what it indicates actually. do you treat it as a magnet, meaning that if the cable has been far off the line too long it should come back?
TRy SMA 20h, on Weekly, AU is between 20/40 now
  • #16,717
  • Feb 17, 2010 7:02am Feb 17, 2010 7:02am
Quoting Clouds
TRy SMA 20h, on Weekly, AU is between 20/40 now
it shows 0.9050. Getting confused here, lol.. anyway the weekly candle shows it's at the peak right now, almost completely bullish with volume much less than last week.. hmm..
  • #16,718
  • Feb 17, 2010 7:05am Feb 17, 2010 7:05am
Quoting forexer101
it shows 0.9050. Getting confused here, lol.. anyway the weekly candle shows it's at the peak right now, almost completely bullish with volume much less than last week.. hmm..
yea ..9050 , well, look at aud/cad on weekly and look at 20/40 SMA's
  • #16,719
  • Feb 17, 2010 7:13am Feb 17, 2010 7:13am
Quoting Clouds
yea ..9050 , well, look at aud/cad on weekly and look at 20/40 SMA's
that's too bad. my MT does not have any of the CAD cable. would you mind posting your chart here?
  • #16,720
  • Feb 17, 2010 7:15am Feb 17, 2010 7:15am
Quoting Clouds
yea ..9050 , well, look at aud/cad on weekly and look at 20/40 SMA's
I am short EU/US and Dow. Dont know about AUD at this stage. I got SL ed on my last run. But GBP looks good for a short, both Technical and Fundamentals support it.
Find a job that you love and you dont have to work again in your life.
34 traders viewing now