AUD/USD | Page 853 | 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

  • #17,041
  • Feb 22, 2010 5:04pm Feb 22, 2010 5:04pm
GMAE traders.

kourtney, just use a 3MA of std.dev or 3MA of bollinger bandwidth and write an alarm on crossover. MT4 is completely programmable, take advantage of it. If you can't code let me know I will write it for you.

Well, looks like I missed absolutely nothing overnight, we are pretty much exactly where we were 10 hours ago.

Obviously gold is holding us up where other currencies are failing. We go up when the USD falls but just range when USD goes up without velocity. Last night equities took the lead but a selloff of energy stocks into the floor close saw the indices finish red. Newmont Mining took a -1.8% hit overnight, which could bode badly for gold.

My entry and stops remain same as yesterday, might start buying some Euros today in small lots.
  • #17,042
  • Feb 22, 2010 5:06pm Feb 22, 2010 5:06pm
Quoting Saxon
Since it's slowing down, I just thought I'd share something random. If you use a MACD and OsMA crossover signal on 30M chart have volumes on there too. Add a 970 level on the volume chart and it gives any trading decisions based on those crossovers some support. If volumes are above 970 at the crossover, the move is more substantial and you can tighten your stops and not have to worry as much about noise. On the flip, if vols are below 970, the move will be less, you will be more likely to be taken out by noise and your max pip potential is less....
Best to use a std. dev or EMA of volume rather than an arbitrary value like 970. Both BetterVolume and Hidden Gap Volume indicators provide this functionality.
  • #17,043
  • Feb 22, 2010 5:35pm Feb 22, 2010 5:35pm
Hello everyone, new to this tread.

I see a possible buy coming soon on GBP/AUD.

At the moment i am looking for a buy at 1.7235

Stop - 1.7149

TP- 1.7406

Good luck everyone
  • #17,044
  • Feb 22, 2010 8:10pm Feb 22, 2010 8:10pm
Quoting AshForex
Hello everyone, new to this tread.

I see a possible buy coming soon on GBP/AUD.

At the moment i am looking for a buy at 1.7235

Stop - 1.7149

TP- 1.7406

Good luck everyone
and where do you see this indication?
  • #17,045
  • Feb 22, 2010 8:31pm Feb 22, 2010 8:31pm
Since yesterday, AUD/USD pair has been bouncing in between Support level .8950 and Resistance level .9040. Nothing to do but to wait until each R and S is tested. It's an irony really, AUD and yet the European/American are 'moving' it.

I have bearish sentiment on this. Since last Tuesday it has not succeeded in breaking the .9040 resistance.
Attached Image (click to enlarge)
Click to Enlarge Name: AU.Feb23.png Size: 71 KB
  • #17,046
  • Feb 22, 2010 9:24pm Feb 22, 2010 9:24pm
Quoting yeri
and where do you see this indication?
indeed there is a buy signal on G/A . look at this very simple LSR indicator, we just got a buy signal after a while, but you better wait till r at 1.725 is cleared the enter long
Attached Image (click to enlarge)
Click to Enlarge Name: ga.gif Size: 13 KB
  • #17,047
  • Feb 22, 2010 10:07pm Feb 22, 2010 10:07pm
Quoting yeri
and where do you see this indication?
Hello Yeri,

This pair has been oversold on both the 4hour and daily for sometime now. The predominent trend is obviously down and will remain so for the coming weeks and months with strong AUSSI dollar.

However before this trend can be resumed, we may see a countertrend to the next major resistance before more drop is experienced.

That's by far what i can see also we have reach a one time low at the moment. Taking into consideraton the new low and the fact that we have oversold conditionsi expect this pair to head back up for some 200 pips atleast before heading back down again.

The system i use generated a buy at the level i posted before which i am in at the moment and entered some 20 pips below the buy entry i posted earlier.

Hope that helps Yeri.

best of luck mate
  • #17,048
  • Feb 22, 2010 10:46pm Feb 22, 2010 10:46pm


I should not complain, not doing too bad scalping on this pair and others. Something has got give in a big way here. I do not know if it is going up or down but whatever direction it takes I feel it is going to be a quick and big move.

Meanwhile I will keep on taking these small scalps on the 7 pairs that I follow.
  • #17,049
  • Feb 22, 2010 10:53pm Feb 22, 2010 10:53pm
Quoting shahab8b
indeed there is a buy signal on G/A . look at this very simple LSR indicator, we just got a buy signal after a while, but you better wait till r at 1.725 is cleared the enter long
Think it's good for 1,000 pips. Of course, I can easily jinx myself.
  • #17,050
  • Feb 22, 2010 11:15pm Feb 22, 2010 11:15pm
N.B. Ric Battellino speech 6pm Syd time tonight.
  • #17,051
  • Feb 22, 2010 11:22pm Feb 22, 2010 11:22pm
Quoting sinner-
Best to use a std. dev or EMA of volume rather than an arbitrary value like 970. Both BetterVolume and Hidden Gap Volume indicators provide this functionality.
Can't find hidden gap indicator code
  • #17,052
  • Feb 22, 2010 11:29pm Feb 22, 2010 11:29pm
Quoting Saxon
Can't find hidden gap indicator code
Try in the attachments of this thread.
  • #17,053
  • Feb 22, 2010 11:54pm Feb 22, 2010 11:54pm
Quoting doblece
Try in the attachments of this thread.
Thanks
  • #17,054
  • Feb 23, 2010 1:36am Feb 23, 2010 1:36am
Geez, i'm having an awful month with this pair.
hopless in reading which way it will go
  • #17,055
  • Feb 23, 2010 1:42am Feb 23, 2010 1:42am
Forgot to update my trade, sorry guys, been concentrating on GU.

Short from 9015 stopped out at 9024 after a good run. Glad I took some lots off yesterday to lock in a few pips.
  • #17,056
  • Feb 23, 2010 1:44am Feb 23, 2010 1:44am
This move just took out a chunk of buy stops just above recent highs, let's see if fresh buying pushes it higher. Lots of specs sitting fat on the long side in this pair..
  • #17,057
  • Feb 23, 2010 1:46am Feb 23, 2010 1:46am
broken trend line, and h&s on A/J.
im not going to chase AU higher, i'm short 9055
this will probably back fire
  • #17,058
  • Feb 23, 2010 1:46am Feb 23, 2010 1:46am
Was that spike due to Battelino's speech? It wasn't that exciting!

Interesting to note the bull pennant that formed over the last 2 days.. maybe that's it?

If it goes back over 9060 then there'd be a chance to catch a retrace over the next half hour or so, perhaps 25 pips.
  • #17,059
  • Feb 23, 2010 1:59am Feb 23, 2010 1:59am
Quoting BobbyBob
Geez, i'm having an awful month with this pair.
hopless in reading which way it will go
Try the Bill Williams Alligator on H4 as your directional filter. After extensive testing, I have found it matches the daily trend (as represented by the daily 14LWMA) almost perfectly.

Of course, many directional filters will work. This one just matches the old one I was using nicely: before I started using H4 alligator, I was using "MTF Moving Average.ex4" (can get from codebase.mql4.com) with settings 14 LWMA D1 close, you might like to try that I guess.

Throw it up on your H4, you will see it will keep you on the right side of things.
  • #17,060
  • Feb 23, 2010 2:14am Feb 23, 2010 2:14am
Closed out my longs at 9050. I have taken one short at 9071 for the LT, stop at 9090 but I expect to see much higher prices on eu and gu this week so will probably get stopped out.
Attached Image (click to enlarge)
Click to Enlarge Name: aud.GIF Size: 15 KB
43 traders viewing now