AUD/USD | Page 932 | 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

  • #18,621
  • Mar 10, 2010 8:19am Mar 10, 2010 8:19am
I've got an order to short aud-usd at .925. earlier than that and i'm still in waiting mode. many fundamentals are supportive of aud; lots of reasons it's the strongest currency performer in the world right now. from rising copper prices (partly because of the earthquake last week in chile, and the chinese demand for copper), to the muscular interest rate hikes, the australian dollar has a lot to support it. on the other hand, brutal heat and drought are punishing western australia, with serious effects throughout the economy.

i'm cool with going short but only nearer to historical highs.

as always, be over-capitalized and under-leveraged, stick to your guns, have stomach, and "take a position" and see it through....

good trading, everyone...
  • #18,622
  • Mar 10, 2010 8:54am Mar 10, 2010 8:54am
Looks like AUD is ready to breakout higher I will be looking to short on this push. Perhaps after wholesale inventories are reported.
  • #18,623
  • Mar 10, 2010 8:55am Mar 10, 2010 8:55am
Is anyone monitoring other currencies? Is there any action elsewhere right now? This is boring me.
When this baby hits 88 miles per hour, you're gonna see some serious s***.
  • #18,624
  • Edited 9:26am Mar 10, 2010 9:01am | Edited 9:26am
Quoting Ida
I've got an order to short aud-usd at .925....
Don't you think that would be TOO PERFECT, considering daily UTL?
Attached Image (click to enlarge)
Click to Enlarge Name: AU-daily-3-10-10.gif Size: 9 KB
  • #18,625
  • Mar 10, 2010 9:37am Mar 10, 2010 9:37am
Quoting jyndrus
Don't you think that would be TOO PERFECT, considering daily UTL?
It might stutter, but it'll get there eventually on Chinese growth.
  • #18,626
  • Mar 10, 2010 9:58am Mar 10, 2010 9:58am
after being stopped at B/E I put another sell limit order at .9190 (weekly R2)
  • #18,627
  • Mar 10, 2010 10:06am Mar 10, 2010 10:06am
WOW
When this baby hits 88 miles per hour, you're gonna see some serious s***.
  • #18,628
  • Edited 10:23am Mar 10, 2010 10:09am | Edited 10:23am
my orders got filled , short .9190 , 1st TP .9140 ,2nd TBP
Attached Image (click to enlarge)
Click to Enlarge Name: au2g.gif Size: 17 KB
  • #18,629
  • Mar 10, 2010 10:13am Mar 10, 2010 10:13am
Attached Image (click to enlarge)
Click to Enlarge Name: Screen shot 2010-03-10 at 11.09.42 AM.png Size: 84 KB


Holding off on shorts until we move a little higher. I think we will see 0.92+ in a little while here and will be looking to short at around 0.923 to 0.926. These downward trends should hold.
  • #18,630
  • Mar 10, 2010 10:20am Mar 10, 2010 10:20am
O my... the stop hunters share no remorse. They are truly a cold bunch.

Esp in the USD/CAD pair....they are giving longs ulcers.


Wonder how much pain current longs can take... I think the big guys are pushing for some magical number in the 1.01xx area or very low 1.021x

Oh I dont think they are finished with the aussie yet. Sorry longs, i'm still sticking with my 0.9220+ target. The market needs to absorb more shorts before going down. However, this can change and we may see the lemmings pile on the longs hoping for a free ride up which would call for a quick tanking.

Ps. Use a stop loss....
  • #18,631
  • Mar 10, 2010 10:21am Mar 10, 2010 10:21am
Quoting shahab8b
hi, are you using an indi to show you that? your chart seems colorful
hey shah.... yes it's an indicator that marks inside and outside bars....

the bottom is math applied to 4 aussie pairs, or any pairs.... so as to show the direction of the aussie group in a single indicator..... each color representing a separate pair......

// and speaking of color..... that's a whole lot of blue..... do you reckon the aussie d is in a uptrend.....h
Attached Image (click to enlarge)
Click to Enlarge Name: whoa.gif Size: 36 KB
to trade and code, keep both simple... no call to impress....h
  • #18,632
  • Mar 10, 2010 10:25am Mar 10, 2010 10:25am
Quoting Warwick
O my... the stop hunters share no remorse. They are truly a cold bunch.

Esp in the USD/CAD pair....they are giving longs ulcers.
Please forget about stop hunting, you are making things overcomplicated, just trade the chart
  • #18,633
  • Mar 10, 2010 10:26am Mar 10, 2010 10:26am
Don't forget there is employment news tonight - usually good for a spike up .... and then maybe down ....
Nothing worth having is easy.
  • #18,634
  • Mar 10, 2010 10:26am Mar 10, 2010 10:26am
Quoting hayseed
hey shah.... yes it's an indicator that marks inside and outside bars....

the bottom is math applied to 4 aussie pairs, or any pairs.... so as to show the direction of the aussie group in a single indicator..... each color representing a separate pair......

// and speaking of color..... that's a whole lot of blue..... do you reckon the aussie d is in a uptrend.....h
can i have these fancy indicators?
your chart is all blue :-( and I'm taking shorts!!!
  • #18,635
  • Mar 10, 2010 10:33am Mar 10, 2010 10:33am
guys sell A/U, gold is falling like stone, I'm adding more shorts to my A/U short
where is clouds ??? I think that's what he is waiting for... it's gonna reverse
  • #18,636
  • Mar 10, 2010 10:40am Mar 10, 2010 10:40am
Quoting shahab8b
guys sell A/U, gold is falling like stone, I'm adding more shorts to my A/U short
Ill pass (for now at least).... usd/cad is barely budging (offloaded heavy longs from 1.0226-0237). From what I gather there are a ton of shorts still holding on from the 89-90 handle, they should be targeted shortly.
  • #18,637
  • Mar 10, 2010 10:41am Mar 10, 2010 10:41am
Quoting shahab8b
guys sell A/U, gold is falling like stone, I'm adding more shorts to my A/U short
where is clouds ??? I think that's what he is waiting for... it's gonna reverse
Wow, quelle stress!
I'm still long AUD/USD. I think we've got upside the rest of the week.
Just sitting nervously through this move.
  • #18,638
  • Mar 10, 2010 10:41am Mar 10, 2010 10:41am
What a day! Just when she was testing my boring side. Hey, good job Shahab8b! Right on.
When this baby hits 88 miles per hour, you're gonna see some serious s***.
  • #18,639
  • Mar 10, 2010 10:44am Mar 10, 2010 10:44am
Quoting Warwick
Ill pass (for now at least).... usd/cad is barely budging (offloaded heavy longs from 1.0226-0237). From what I gather there are a ton of shorts still holding on from the 89-90 handle, they should be targeted shortly.
look at the fall in gold/silver- the S&P is about to fall- yesterday they celebrated the anniversary of historic low in S&P 500 in 09, I see lots of reason besides my charts to short this pair- I'll keep the SL in place though ;-)
  • #18,640
  • Mar 10, 2010 10:46am Mar 10, 2010 10:46am
Quoting primasoldi
Wow, quelle stress!
I'm still long AUD/USD. I think we've got upside the rest of the week.
Just sitting nervously through this move.
no reason to panic. as far as you go with your plan you are a winner, who knows what will happen next.
52 traders viewing now