Commodity Currencies: AUD, CAD and NZD | Page 3 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

EUR/GBP, EUR/USD, GBP/USD, AUD/USD, CAD, NZD, JPY, and more... 15 replies

GBP/AUD, GBP/CAD, GBP/CHF and GBP/NZD thread 126 replies

Milking 4 pairs AUD/NZD, EUR/GBP,NZD/CAD & AUD/CAD for a living 38 replies

best broker for EUR/GBP and AUD/NZD/CAD cross 6 replies

NZD/JPY AUD/NZD basket 3 replies

Attachments: Commodity Currencies: AUD, CAD and NZD
Exit Attachments

Commodity Currencies: AUD, CAD and NZD

  • #41
  • Mar 15, 2010 3:48pm Mar 15, 2010 3:48pm
Quoting Tuner
That's a good thing... to be honest.. my account doesn't allow me to do so at the moment... got 2 accounts at the moment ...(switched to FxPro with a really small initial deposit. Still waiting for the withdrawal from the other broker to put it in there...)
so until then not really "flexible" in my trading

btw.. your AUD trade looks good.. seems to have a lil more steam than the CAD?! missed that one
do you trade A/J ? I'm looking to see if we can get a good short entry in a R zone
  • #42
  • Mar 15, 2010 3:57pm Mar 15, 2010 3:57pm

A diagonal can be counted as complete from 8800 and a break of 9050 would inspire confidence in the downside. The diagonal from 8800 may complete wave C of an A-B-C correction from just below 8600. If this count is correct, then the entire advance (from 8600) will be retraced over the next several weeks.


Attached Image (click to enlarge)
Click to Enlarge Name: DT315audusd.gif Size: 40 KB
  • #43
  • Mar 15, 2010 4:36pm Mar 15, 2010 4:36pm
  •  Tuner
  • | Joined Nov 2009 | Status: Love it when a plan comes together | 709 Posts
Quoting shahab8b
do you trade A/J ? I'm looking to see if we can get a good short entry in a R zone
For the moment I am short U/C and short USD/CHF.. but might get rid of that CHF for some pips. lacks of some steam down at the moment.
Haven't traded the A/J for a while.
what entry are you lookin for? been a lot of range last week.
"Blue Horseshoe loves Anacott Steel!"
  • #44
  • Mar 15, 2010 5:10pm Mar 15, 2010 5:10pm
Quoting Tuner
For the moment I am short U/C and short USD/CHF.. but might get rid of that CHF for some pips. lacks of some steam down at the moment.
Haven't traded the A/J for a while.
what entry are you lookin for? been a lot of range last week.
have you seen my post on U/Chf at my cot thread? I took short at 1.0640 and will keep them till tomorrow this time at least, I'm targeting 1.0510-15,then will take long ,I explained the reason there , I think with a Sl about 50 pips I'll know when I'm wrong on that one.

for A/J I took short last week on one touch of S>R at 83.30, now I put sell limit order at 83.50 R zone and 83.87 (weekly R1)
just leave these orders there see how things will develop,
Attached Image (click to enlarge)
Click to Enlarge Name: aj1.gif Size: 18 KB
  • #45
  • Mar 15, 2010 5:21pm Mar 15, 2010 5:21pm
look at this Gold chart I posted and the chart now,
there is weekly pivot at 1112, it may hold gold from rising further
if golds starts falling may bring A/U down,
I'm watching it closely
Attached Image (click to enlarge)
Click to Enlarge Name: gold.gif Size: 20 KB
  • #46
  • Mar 15, 2010 6:59pm Mar 15, 2010 6:59pm
  •  Tuner
  • | Joined Nov 2009 | Status: Love it when a plan comes together | 709 Posts
Quoting shahab8b
have you seen my post on U/Chf at my cot thread? I took short at 1.0640 and will keep them till tomorrow this time at least, I'm targeting 1.0510-15,then will take long ,I explained the reason there , I think with a Sl about 50 pips I'll know when I'm wrong on that one.

for A/J I took short last week on one touch of S>R at 83.30, now I put sell limit order at 83.50 R zone and 83.87 (weekly R1)
just leave these orders there see how things will develop,
Shortedthe U/CHF according to some fibs again (bounce from the 50 fib of 1.0694-->1.0576). didn't get the perfect entry though.. (1.0626) targetting the last low @ 1.0576 first. (But having a look at your COT thread I might even look for a better target... but same problem here. only one position..can't close part of it maybe try it with a trailing stop

Your setup for A/J looks nice indeed. might consider that as well
Should get some sleep no (1AM here) and hope to see my trades still in the green tomorrow morning.

Good luck and a lot of pips to you!
"Blue Horseshoe loves Anacott Steel!"
  • #47
  • Mar 15, 2010 11:04pm Mar 15, 2010 11:04pm
AUDNZD , triangle
Attached Image (click to enlarge)
Click to Enlarge Name: an.gif Size: 15 KB
  • #48
  • Mar 15, 2010 11:46pm Mar 15, 2010 11:46pm
short gold at 1113
Reasons:
,ema 4H, TL, Weekly Pivot
Attached Image (click to enlarge)
Click to Enlarge Name: gold.gif Size: 22 KB
  • #49
  • Mar 16, 2010 8:58am Mar 16, 2010 8:58am
Gold short trade proved wrong, the loss wasn't big due to good RRR
the PA pattern and broken TL made this one bullish
waiting for more conformation to initiate longs
this bullish gold is supportive for more A/U gain
Attached Image (click to enlarge)
Click to Enlarge Name: gold.gif Size: 24 KB
  • #50
  • Mar 16, 2010 9:08am Mar 16, 2010 9:08am
Quoting shahab8b
AUDNZD , triangle
my Good man shahab , It can be perfect swagd Triangle Expect The Normal Triangle of Aus/nzd ..

Under 4 of Triangle of 5 following Up trend


Attached Image
DRAGON-TECHNICAL ANALYSIS!
  • #51
  • Mar 16, 2010 9:09am Mar 16, 2010 9:09am
A/U is developing a rectangle formation, the height of the pattern is about 100-110 pips , the target in case of an upward breakout will be .9280-.9300
80-100% of the height of the pattern
I'm still holding longs from .9100
Attached Image (click to enlarge)
Click to Enlarge Name: audusd1.gif Size: 20 KB
  • #52
  • Mar 16, 2010 9:10am Mar 16, 2010 9:10am
Quoting vincy balboa
my Good man shahab , It can be perfect swagd Triangle Expect The Normal Triangle of Aus/nzd ..

Under 4 of Triangle of 5 following Up trend


Attachment
thanx my friend Vincy, I'm going for that
  • #53
  • Mar 16, 2010 9:14am Mar 16, 2010 9:14am
Quoting vincy balboa
my Good man shahab , It can be perfect swagd Triangle Expect The Normal Triangle of Aus/nzd ..

Under 4 of Triangle of 5 following Up trend


Attachment
Vincy, would you mind looking at my EW count for Gold, let me know what you think, thanx
the chart is a bit old but still valid
Attached Image (click to enlarge)
Click to Enlarge Name: gold2.gif Size: 22 KB
  • #54
  • Mar 16, 2010 9:21am Mar 16, 2010 9:21am
Quoting shahab8b
Vincy, would you mind looking at my EW count for Gold, let me know what you think, thanx
the chart is a bit old but still valid
good work bro what is your next call for aud/usd??

Ub
  • #55
  • Mar 16, 2010 9:30am Mar 16, 2010 9:30am
Quoting ubaidahsan
good work bro what is your next call for aud/usd??

Ub
hi, as i mentioned on #51 I expect A/U to break the rectangle consolidation and goes to .9280-.9300 ,
now I'm long from .9100 will switch to short at those levels if we get there
  • #56
  • Mar 16, 2010 9:37am Mar 16, 2010 9:37am
Quoting shahab8b
Vincy, would you mind looking at my EW count for Gold, let me know what you think, thanx
the chart is a bit old but still valid
yep indeed my good man that is correct i can say of following the Upward Movement , but keep in my The Neo wave count were different now the Natural triangle . E .. Is down Start .. But for Understanding The Elliot wave i have Another view let me show you

Attached Image (click to enlarge)
Click to Enlarge Name: Gold2.JPG Size: 24 KB
DRAGON-TECHNICAL ANALYSIS!
  • #57
  • Mar 16, 2010 9:39am Mar 16, 2010 9:39am
I too expect 0.92+ level soon, but I also expect retracement (should say SL hunt) before or during FOMC. I will long after the news (if retracement happens).
  • #58
  • Mar 16, 2010 9:42am Mar 16, 2010 9:42am
Quoting vincy balboa
yep indeed my good man that is correct i can say of following the Upward Movement , but keep in my The Neo wave count were different now the Natural triangle . E .. Is down Start .. But for Understanding The Elliot wave i have Another view let me show you

Attachment
thanx I appreciate that, I just started reading the Glenn Neely book, I guess that's your main reference right? that's a bit different from what I read on principle of EW which I bought from EWI
  • #59
  • Mar 16, 2010 10:10am Mar 16, 2010 10:10am
  •  Tuner
  • | Joined Nov 2009 | Status: Love it when a plan comes together | 709 Posts
Quoting shahab8b
Gold short trade proved wrong, the loss wasn't big due to good RRR
the PA pattern and broken TL made this one bullish
waiting for more conformation to initiate longs
this bullish gold is supportive for more A/U gain
Hey there Shahab...
Up-moves in Gold now look indeed nice for the A/U.. as well as for the U/C.
Was about to close my U/C short when we bounced of the 1.0155 area earlier. But did hold it. (around 75pips for now) As I only got that one position I might close it before the news today...
You already cashed in some of your positions?
"Blue Horseshoe loves Anacott Steel!"
  • #60
  • Mar 16, 2010 10:23am Mar 16, 2010 10:23am
Quoting Tuner
Hey there Shahab...
Up-moves in Gold now look indeed nice for the A/U.. as well as for the U/C.
Was about to close my U/C short when we bounced of the 1.0155 area earlier. But did hold it. (around 75pips for now) As I only got that one position I might close it before the news today...
You already cashed in some of your positions?
G'day Turner,
I took profit after 50 and 70 pips on 3,on U/Cad still have 2 open SL>B/E

the same for long A/U and short U/Chf, I like the U/Chf trade, as i told you that one needed to be hold for a while (now 85 pips* 4 position from 1.0640), I'll close 2 before the news SL>B/E

everything according to the plan
Attached Image(s) (click to enlarge)
Click to Enlarge Name: usdcad1c.gif Size: 19 KB
Click to Enlarge Name: usdcad1d.gif Size: 13 KB
0 traders viewing now