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AUD/USD

  • #21,701
  • May 17, 2010 11:50pm May 17, 2010 11:50pm
I see a little correction here once the price will reach the first level a buy opportunity here however, if it will be a false break out from this level then i will close my position and look for another entry signal.
Attached Image (click to enlarge)
Click to Enlarge Name: audusd.jpg Size: 103 KB
Success consists of going from failure to failure without loss of enthusiam
  • #21,702
  • May 17, 2010 11:59pm May 17, 2010 11:59pm
Here we go, i'm on my battle station now price is going up now but i think i will open 5 minute window to check a very good entry point with a 15 minute window reference... and when i'm in i will close both and stick with hourly. anybody wanna join in the battle ? this might be bloddy hehehehe
Success consists of going from failure to failure without loss of enthusiam
  • #21,703
  • May 17, 2010 11:59pm May 17, 2010 11:59pm
Quoting Peter-FX
Take a look at my post here.

http://www.forexfactory.com/showpost...postcount=1616
waiting till it breaks 0.8587 it will trend down for a long time
you might want to hold longer than day trading you might end up with a 1000 pips or more if you do
instead of 50 pips lol

yeah commodities do bad around this time of year but wait for a break
  • #21,704
  • May 18, 2010 12:02am May 18, 2010 12:02am
my itchy finger just click entry botton , now i'm in. we'll see what the market gives this time
Success consists of going from failure to failure without loss of enthusiam
  • #21,705
  • May 18, 2010 12:04am May 18, 2010 12:04am
Quoting swano
waiting till it breaks 0.8587 it will trend down for a long time
you might want to hold longer than day trading you might end up with a 1000 pips or more if you do
instead of 50 pips lol

yeah commodities do bad around this time of year but wait for a break

most of the people here are eyeing that level 8550 and once broken it will be like tear drops but that won't be happening very soon, market makers are still trying to stir the market crazy.
Success consists of going from failure to failure without loss of enthusiam
  • #21,706
  • May 18, 2010 12:45am May 18, 2010 12:45am
sh...! my stoploss was hit oh well hehehe
Success consists of going from failure to failure without loss of enthusiam
  • #21,707
  • May 18, 2010 4:31am May 18, 2010 4:31am
consolidation for too long
come on , i wanna see 8680 taken out again
Lets Soar The Sky
  • #21,708
  • May 18, 2010 4:45am May 18, 2010 4:45am
I am long from 8735. TP-8835. SL-8680
  • #21,709
  • May 18, 2010 10:12am May 18, 2010 10:12am
Quoting soartosky
consolidation for too long
come on , i wanna see 8680 taken out again
I am short at 8760 and I am betting on this busting through support. Greece bail out is not good for aud.
Know when to hold em, Know when to fold em!
  • #21,710
  • May 18, 2010 10:14am May 18, 2010 10:14am
Quoting dongsky
most of the people here are eyeing that level 8550 and once broken it will be like tear drops but that won't be happening very soon, market makers are still trying to stir the market crazy.
Agreed I am in for the long haul. dont know how to post this chart but .. its there what goes up must come down, its time to come down.
Know when to hold em, Know when to fold em!
  • #21,711
  • May 18, 2010 12:48pm May 18, 2010 12:48pm
Quoting mohammad1
Sell stop at:0.8675
TP:+60 pips
good luck.

Just follow it.
Attached Image (click to enlarge)
Click to Enlarge Name: audusd-h4.gif Size: 14 KB
  • #21,712
  • May 18, 2010 3:07pm May 18, 2010 3:07pm
http://www.forexfactory.com/showpost...ostcount=21705
  • #21,713
  • May 18, 2010 3:40pm May 18, 2010 3:40pm
Quoting mohammad1
Just follow it.

I am still in the trade since .8760 its a freefall from here guys and I am betting the asain session + news will drive this down further. I am trhing to figure out how to get out of some eurusd hedges right now I got quite a bit of them. I am hoping the eurusd tanks once asain opens up and just close my longs out.
Know when to hold em, Know when to fold em!
  • #21,714
  • May 18, 2010 3:47pm May 18, 2010 3:47pm
The RPM charts are avail here.
http://i260.photobucket.com/albums/i...F7CC/image.png

http://i260.photobucket.com/albums/i...ge_thumb_3.png
  • #21,715
  • May 18, 2010 7:59pm May 18, 2010 7:59pm
is there any fundamental news that can make this pair back to 0.90xx level again? anyone please give me a hint....
  • #21,716
  • May 18, 2010 9:05pm May 18, 2010 9:05pm
Quoting yeri
is there any fundamental news that can make this pair back to 0.90xx level again? anyone please give me a hint....
Its trailing euro on the greece bailout
Know when to hold em, Know when to fold em!
  • #21,717
  • May 19, 2010 1:05am May 19, 2010 1:05am
Quoting Daytrader74
I will be starting a new live account from the start of 2010 and will be funding the account with a starting balance of $500 my aim will be to make 2.5% per day with a max risk of 2% per day so if I lose 2% in one day thats it no more trading for that day and same goes for profit if I make my target profit of 2.5% per day then I would call it a day...I should end up with about $220k by year end if all goes to plan wish me luck and I wish all of you a prospers 2010

Good luck to you my friend may the force be with you!
Success consists of going from failure to failure without loss of enthusiam
  • #21,718
  • May 19, 2010 1:09am May 19, 2010 1:09am
anybody here swept out by the market makers hehehehe i was just stopped out that's the second time for me this week. for now, i'm sitting on my fingers (literaly), because they will become very itchy sometimes and it's very costly for me. i believed a lot of traders have been wiped out with this move hahahaha tough luck.

now i'm down 0.9% on my book, darn!!!
Attached Image (click to enlarge)
Click to Enlarge Name: eur.jpg Size: 127 KB
Success consists of going from failure to failure without loss of enthusiam
  • #21,719
  • May 19, 2010 1:11am May 19, 2010 1:11am
just got filled short @ 2180 hope it will be a good ride, i'm buckling my seatbelt now...
Success consists of going from failure to failure without loss of enthusiam
  • #21,720
  • May 19, 2010 1:14am May 19, 2010 1:14am
just set 1st target @ 2165, will unload half of my position.

2nd target @ 2145

but if not go as planned i'll exit at 2185... i will not wait for my sl to be hit... need to be very quick with this kind of volatility heheeh something's happening behind the curtains.
Success consists of going from failure to failure without loss of enthusiam
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