AUD/USD | Page 1111 | 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

  • #22,201
  • Jun 25, 2010 10:27am Jun 25, 2010 10:27am
Quoting longshot_nl
Anyone here...
Anyone short @ 8711?
is it gonna tank?

It's Ok.

But Let Her Try 8723 ( Weekly R ) For The Last Time Before Dropping.

R & S , That Is All !...
  • #22,202
  • Jun 25, 2010 10:35am Jun 25, 2010 10:35am
Quoting Amie_Senior
It's Ok.

But Let Her Try 8723 ( Weekly R ) For The Last Time Before Dropping.



Or 0.8749 = 261.8 % !?

R & S , That Is All !...
  • #22,203
  • Jun 25, 2010 10:47am Jun 25, 2010 10:47am
Quoting Amie_Senior
Or 0.8749 = 261.8 % !?

I'm selling here, we have confluence of fibs as well as price hitting the 4HR downtrend line right now...if it rejects, we'll be safe.
  • #22,204
  • Jun 25, 2010 11:23am Jun 25, 2010 11:23am
See chart: Bounced off TL & 2 FIBS
Attached Image (click to enlarge)
Click to Enlarge Name: chart2.gif Size: 21 KB
  • #22,205
  • Jun 25, 2010 11:52am Jun 25, 2010 11:52am
Time to cool down and retrace...want to call it a day....
  • #22,206
  • Jun 25, 2010 12:06pm Jun 25, 2010 12:06pm
finally goin down......
  • #22,207
  • Jun 25, 2010 12:08pm Jun 25, 2010 12:08pm
Quoting Jonny473
finally goin down......

got an indecision bar on the hourly:
Attached Image (click to enlarge)
Click to Enlarge Name: chart2.gif Size: 21 KB
  • #22,208
  • Jun 25, 2010 1:29pm Jun 25, 2010 1:29pm
a quick look on the daily shows a close above the 50 day moving average,
4hr shows a close above my upper tl.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: aud usd 4hr.jpg Size: 130 KB
Click to Enlarge Name: aud usd daily.jpg Size: 134 KB
  • #22,209
  • Jun 25, 2010 2:09pm Jun 25, 2010 2:09pm
Quoting jimbo86
a quick look on the daily shows a close above the 50 day moving average,
4hr shows a close above my upper tl.
careful if you zoom out a bit, this is the 4HR Trend Line, touched, and closed below:
Attached Image (click to enlarge)
Click to Enlarge Name: chart2.gif Size: 21 KB
  • #22,210
  • Jun 25, 2010 9:57pm Jun 25, 2010 9:57pm
Quoting Clouds
Sold at .8748 Tp Below .81
I am with you.
  • #22,211
  • Jun 25, 2010 11:19pm Jun 25, 2010 11:19pm
This is the bullish close I was looking for as just mentioned.

Above the 50 on the daily. Now we need to see if it is batted down or the momentum can maintain.

Partially due to G8, but nevertheless this "may" be time to start buying to retest of 9400 top - we will see.

Quoting XTrade
FOMC helped push aussie out of downward channel.

Now, can we maintain?

I wan't a close above the 50 SMA on the daily....
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
  • #22,212
  • Jun 25, 2010 11:25pm Jun 25, 2010 11:25pm
Jimbo,
In agreement here, see last post - Are you looking to buy?


Quoting jimbo86
a quick look on the daily shows a close above the 50 day moving average,
4hr shows a close above my upper tl.
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
  • #22,213
  • Jun 26, 2010 9:30am Jun 26, 2010 9:30am
I think this thing still has 8450 potential, see chart.
Just based on this happened before.
I hope it does go there, i will load up a longer term trade all the way up to 9300.
Attached Image (click to enlarge)
Click to Enlarge Name: forex33.jpg Size: 124 KB
  • #22,214
  • Jun 26, 2010 10:07am Jun 26, 2010 10:07am
Possible Buy on 4 H chart to 0.8979
Attached Image (click to enlarge)
Click to Enlarge Name: AUD n1.png Size: 39 KB
  • #22,215
  • Jun 26, 2010 10:24am Jun 26, 2010 10:24am
Quoting tazzam72
Possible Buy on 4 H chart to 0.8979
How does that elliot wave counting work for you?
How reliable is it?
  • #22,216
  • Jun 26, 2010 10:36am Jun 26, 2010 10:36am
I updated my bulishness bias...
I added some new lines i wish i added yesterday morning.

I will buy into the first dip, my target 9134 around 7th july.
Meta trader isn't that accurate with dates, it thinks weekends are trading days too until the date comes and then my analysis are ruined after the weekend..
  • #22,217
  • Jun 26, 2010 12:25pm Jun 26, 2010 12:25pm
I like it a lot , I know how to use it now it took me 2 years to used it probably , and if the elliot wave count change i just change the way that i look at the market.

Quoting longshot_nl
How does that elliot wave counting work for you?
How reliable is it?
  • #22,218
  • Jun 26, 2010 2:17pm Jun 26, 2010 2:17pm
I try to avoid the wave counting because i think its too much open for interpretation and too complicated.
But the more i see people do it and the more i see patterns i can't explain without elliot i wonder if i do the right thing.
  • #22,219
  • Jun 26, 2010 2:35pm Jun 26, 2010 2:35pm
Quoting XTrade
Jimbo,
In agreement here, see last post - Are you looking to buy?
I was looking to sell, as i see more room for down, than up over the comnig months, but the close above the 50ma may have delayed those plans. I will wait to see what happens on open after the G20, if it opens up i will wait for a retest of the 50ma or my upper tl, around 0.87 before deciding whether to go long or not.
  • #22,220
  • Jun 26, 2010 2:46pm Jun 26, 2010 2:46pm
To me this is an important close.

Yet as you say I too am questioning the validity, Due to the G8.

Yet it seems with the proposed financial restrictions in the US as well as mass dollar dumping on Friday I am interested to see if we might break the LTL on the DXY chart. I have to take a look again, but I think we are on support.


Quoting jimbo86
I was looking to sell, as i see more room for down, than up over the comnig months, but the close above the 50ma may have delayed those plans. I will wait to see what happens on open after the G20, if it opens up i will wait for a retest of the 50ma or my upper tl, around 0.87 before deciding whether to go long or not.
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
33 traders viewing now