AUD/USD | Page 1390 | 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

  • #27,781
  • Feb 1, 2011 5:03pm Feb 1, 2011 5:03pm
Quoting JanPoko
Yes, that is also a way of using his crap. I personally put that bloke on iggy. That makes the thread less infested with thrash of "uninformed" ones, to say it in a decent way...
Another nobjokular trader who comes out only when the storm has gone! Didn't c u spouting ought last couple of weeks!

Go on son..spend ur pocket money wisely.
Beano magazines r worth d spend.

Hope it helps
Sanks
  • #27,782
  • Feb 1, 2011 5:27pm Feb 1, 2011 5:27pm
Quoting papaki
i kept my short positions open. don't know why. probably i was curious to see how much one can lose in a single day
I love your sense of humor. My family just gave me the strangest look after I just broke down laughing after reading that.

Lost on this last trade which was a bummer until I woke up this morning and felt really good that I got out when I did.
  • #27,783
  • Feb 1, 2011 5:59pm Feb 1, 2011 5:59pm
went short @1,0125...still hoping to go down....
  • #27,784
  • Feb 1, 2011 6:09pm Feb 1, 2011 6:09pm
Quoting FX-Petra

ps-- the actual ratio is 78.6, but for some reason everyone seems to use 76.4, probably because it is the mirror image of 23.6 and so close to 78.6.
Many people use 76.4 because they thought it comes from 100-23.6.

Base of all fib numbers is The golden ratio 1.618. People can google that number and study results. It Will be helpfull Instead of using wrong numbers which could lead to loss or missed opportunities when used at bigger Time frame for example.
Little luck is forex water. Learn all Trading strategies, then forget them.
  • #27,785
  • Feb 1, 2011 6:26pm Feb 1, 2011 6:26pm
Quoting papaki
finally it seems that it runs out of steam... and pair traders out of money perhaps. i kept my short positions open. don't know why. probably i was curious to see how much one can lose in a single day . i'll hedge it at around 1.0080. if i am lucky enough to reach it before going more up.
LOL, you are my hero
  • #27,786
  • Feb 1, 2011 7:01pm Feb 1, 2011 7:01pm
Quoting kandarv
yeah, lately it has been to read for me too. Everyone knows is due to a correction, but big players are enjoying the carry, so only RBA can stop this stubborn pair.

Right now standing in the 61.8 fib retracement attempting to break higher.
Well it did break higher, damm the work! I wasn't here watching my SL being hit. Is the rally over? I'll better wait to see London open.
  • #27,787
  • Feb 1, 2011 7:07pm Feb 1, 2011 7:07pm
Quoting BurgerKing
Chinese New Year - a week long holiday to most companies. ... and I bet Aussie companies would be demanding payments ...
The Chinese Holiday theory makes sense. Otherwise I can't explain the strong bullish push it suffered today.
  • #27,788
  • Feb 1, 2011 7:33pm Feb 1, 2011 7:33pm
Level 4 had the economic cost at $40B.....they had it about $5B-$10B!
Time to speak the truth!

Target 0.8600-0.8900
Hope it helps
Sanks


Tue Feb 1

Thousands of residents fled their homes and crammed into shelters in northeastern Australia as a cyclone described as the most powerful in the country's history and with a 650 km (400 mile) wide front barreled toward the coastline on Wednesday.

"We are facing a storm of catastrophic proportions," Queensland state premier Anna Bligh said after Cyclone Yasi was upgraded to a maximum-strength category five storm.

More than 400,000 people live in the cyclone's expected path, which includes the cities of Cairns, Townsville and Mackay. The entire stretch is popular with tourists and includes Australia's Great Barrier Reef.

Satellite images showed Yasi as a massive storm system covering an area bigger than Italy or New Zealand, with the cyclone predicted to be the strongest ever to hit Australia.

It is expected to hit the coast on Wednesday evening, packing winds of nearly 300 km (186 miles) per hour.

"All aspects of this cyclone are going to be terrifying and potentially very very damaging," Bligh said, adding the greatest threat to life could come from surges of water of up to four meters above normal high tide levels along the coast. The storm is due to hit when the tide is high.

Mines, rail lines and coal ports have all shut down, with officials warning the storm could drive inland for hundreds of kilometers, hitting rural and mining areas still struggling to recover after months of devastating floods.
  • #27,789
  • Feb 1, 2011 8:03pm Feb 1, 2011 8:03pm
interesting... new home sales worse than expectation... yet not much of movement.... really interesting... gold price no much of movement....
Logics do not apply in FOREX
  • #27,790
  • Feb 1, 2011 8:34pm Feb 1, 2011 8:34pm
Quoting bskwak1124
interesting... new home sales worse than expectation... yet not much of movement.... really interesting... gold price no much of movement....
I've just about quite looking at the news. On balance, the Aussie news has been bad latley. Any rate increases in the foreseeable future have been put down. This has seemingly little effect on this pair. USD news yesterday was about as good as it could be, still USD got crushed. This cannot go on forever, of course, and at some point the balance will tip and the carry trade will unwind as it did 3 years ago. How long, though, is the question. Maybe a month, maybe a couple of years.

Regards,
  • #27,791
  • Feb 1, 2011 9:00pm Feb 1, 2011 9:00pm
Quoting FX-Petra
I've just about quite looking at the news. On balance, the Aussie news has been bad latley. Any rate increases in the foreseeable future have been put down. This has seemingly little effect on this pair. USD news yesterday was about as good as it could be, still USD got crushed. This cannot go on forever, of course, and at some point the balance will tip and the carry trade will unwind as it did 3 years ago. How long, though, is the question. Maybe a month, maybe a couple of years.

Regards,

hi mate, true that, but check out on usd/sgd... new low yesterday... again, today def is a day i would step away from the market. i might enter tmr, if tmr gdp data and building approval dont affect this pair, i am not sure what is going on in this pair...
Logics do not apply in FOREX
  • #27,792
  • Feb 1, 2011 9:01pm Feb 1, 2011 9:01pm
Quoting FX-Petra
I've just about quite looking at the news. On balance, the Aussie news has been bad latley. Any rate increases in the foreseeable future have been put down. This has seemingly little effect on this pair. USD news yesterday was about as good as it could be, still USD got crushed. This cannot go on forever, of course, and at some point the balance will tip and the carry trade will unwind as it did 3 years ago. How long, though, is the question. Maybe a month, maybe a couple of years.

Regards,
No doubt about that and who knows were the AUD will end up.
I liked Marc Farber's statement in the video link posted a few pages ago: " When I grew up I needed 5 CHF to buy 1 US$ today I need 0.95 CHF to buy 1 US$. That is todays fact and no, its not technical it is a fundamental statement, no matter how we look at this gigantic pyramid ......
Nothing is guaranteed, we may see the US$ back up 50% or another 50% down or any other amount. Price is set by individuals, governments and corporations which use such instruments to exchange goods.

Cheers
  • #27,793
  • Feb 1, 2011 10:02pm Feb 1, 2011 10:02pm
Quoting FX-Petra
Recent decline from 1.0257 to .9800. 76.4 is not used very often, it is not one of the "big" 3--- but it is a Fib ratio. Hope that helps.

Regards,

ps-- the actual ratio is 78.6, but for some reason everyone seems to use 76.4, probably because it is the mirror image of 23.6 and so close to 78.6.
Lol, i should've known something was wrong, the broker i'm using stopped trading early on that day so the highest price was 1.0197 not 1.0257...
No wonder my fibs have been a bit "funny"
78.6% is the fib most serious fib traders use.
Biggest joker
  • #27,794
  • Feb 1, 2011 10:31pm Feb 1, 2011 10:31pm
Quoting grashid
once aud touch 0.9820 then break 0.9760..i could say bye2 bull for at least tillend Q1....i am for that moment....
today and next week Monday

no parity will be tested n last few day twice already go which already told us no more after this....

0.99850 will be the max atm....while 0.985-0.982 will be the number to play today...

as usual i always wrong then trade safe and enjoy ur weekend..

g
mm..what happen? lucky i am not in yet...n as usual am wrong again...but whn i look at daily..this is what i saw...tested back my TL and it should have be big drop from here...

look like 1.01450 is a good place for swing short. However i will hold this position if today close below 1.00730

otherwise if 1.02 broken, i will validate back my view.....just carefull guys

good luck and take care

g
Attached Image (click to enlarge)
Click to Enlarge Name: AUD-daily.JPG Size: 146 KB
  • #27,795
  • Feb 1, 2011 11:08pm Feb 1, 2011 11:08pm
Just to give some perspective on the size of the cyclone about to hit Australia, it's almost as big as the USA:

http://www.news.com.au/breaking-news...-1225998762870

Copper prices hitting record highs holding it up for the moment though...
  • #27,796
  • Feb 2, 2011 12:32am Feb 2, 2011 12:32am
Quoting Alki
I am out with 764 pips for the three lots i got. No greed, it's enough. Good job Alki. lol.

No entrering before 22h00 EST and better after 03:00 EST. The importance is not to be in the market all the time, but to win when we are.

Enjoy your trades
03h00 EST timing today will be at London open. If London could make a spike at 1.0230 level, this may push down Aussie to parity, then to 0.9835, then to 0.9530 levels. Otherwise 1.0350 will be near to touch. Good to follow. I am out, waiting for a sign in direction or an other.

Enjoy your trades.
Little luck is forex water. Learn all Trading strategies, then forget them.
  • #27,797
  • Feb 2, 2011 12:44am Feb 2, 2011 12:44am
No Chinese Banks playing now till Wednesday next week.
Lets see if this pair has steam to push up or collapse down.

Secondly, Egypt Crisis focus on Friday - protesters claim to stage a "violent" rally this Friday. That should cause RISK AVERSION...

NFP does not affect AUDUSD much nowadays, but if all things add up, it could shoot up to record high or breaks down hard. (Dont mind me, Im bearish on this pair)...

But considering the very strong Interest Magnet, AUD sure is very attractive for Japanese banks and institutional investors...
  • #27,798
  • Feb 2, 2011 4:27am Feb 2, 2011 4:27am
Seems it doesn't want to go under 1.0100...
Use me as a contrarian indicator
  • #27,799
  • Feb 2, 2011 4:37am Feb 2, 2011 4:37am
Quoting mrbandwidth
Seems it doesn't want to go under 1.0100...
And not yet higher LOL. Wait and see, that is what we learn more in trading.
Little luck is forex water. Learn all Trading strategies, then forget them.
  • #27,800
  • Feb 2, 2011 5:16am Feb 2, 2011 5:16am
three waves in a row of uptrend. it can't go more up. hopefully it will go down soon. if so, it may bounce back up, but it will go down first. and it is going to like it. the way down i mean.
26 traders viewing now