AUD/USD

[quote=MarcVUM;3677939]Welcome to the thread. What time frame do you trade on?[/quot


in the past i have held for months. If the situation supports, I might cancel the TP and let it ride through 9404 up.

Went Long @0.92029.

When did you manage to do that?

2:58:58 AM ( eastern time ).

Got out 17 minutes later with a fairly small profit.

I have basicaly made the same trade 3 times in the last couple of hours.

0.9202-0.9206 I'll buy, TP around 0.9217-0.9223.

It's getting there again....if three times is a charm ....maybee I should think twice this time out before going Long again within those parimeters.

If it drops down to around 0.9175 or so I will probably go Long again.

short from 0.9220, and now allready 30 pips on my unrealized profit, still waiting to reach 0.9170.

0.9170?

It is around that level I'm thinking about going Long. Looks like good price to shoot for.

i think this pair still going lower, but i dont know. the pressure is strong. but i all ready close my position with 43 pips profit. good enough even though it can go lower.

yes 0.9170 it just my personal rule to take profit around 40-50 pips in a volatile market and 100 pips on a strong direction market.

it just break 0.9162, he3 where is this pair going? south or north? i believe majority people at this forum is long for this pair. is there anyone have a short position like me?

I am short to 9125 - want to be out in the next 2-3 hours however

not sure if it will reach that level in this very short time. perhaps tomorrow after the unemployment claim report for US then we will see the next direction.

look at the 15min chart what way will it go lol

I am Long @0.9173.

I would hold this for the long term, I think it is a good price, but with big news coming out this afternoon I do not to be holding any positions against the USD.

The rate will stay the same....but I have a feeling the tone is going to be a slightly more Hawkish.

hope everyone got a few buys in, long @ .9170 for 1-2 days aiming for .9255

Taking profit.

it'll be also nice to consider these





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im sticking with selling below the upper blue tl. soft tp at lower blue line
sell order at 0.9295
stop of 25 pips
possible 150+ pips profit

i open a short again after yesterday drop and bounce up. now i'm opening a short at 0.9223, now i'm targeting for 0.9135(yesterday lowest price at my 3H trend).
US FED extending their pledge to keep interest rate to be near zero level.they still waiting for the unemployment rate to move lower before they can say the economic recovery is sustainable.

but at least for me this all ready a good sign, many economist have all ready raised their projection on US economic recovery. and i believe the AUD/USD pair will move to a more stable level.

its still going up!
first target .9266
second .9286
third .9310

happy pip hunting to all