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AUD/USD

Quoting mckal33
the calamari was amazing
Thanks!
Np! Yes, that place is fantastic! I have never had the calamari, so I will take it up on your recommendation on my next visit!

Lots of good places in that area. Gordon Beirsch is another great Micro Brewery.
Quoting Venice
haha. I work a 9-5'er so unfortunately I miss all the good stuff in London and New York sessions.

With that being said the lack of sleep I get trying to maximize my trading time with work, the 15m would absolutely put me to sleep Heck I already nodd off on the 5m lol.
Same here. I'm in Korea, I'm at work at 7-8AM and I leave a little early 3-5PM (I have Chinese classes at night and lately reworking my golf swing with a coach).

So what are your targets on 5 min charts? 10-30 pips?


I jumped into a long trade on the AUD/USD way too early by accident. I had the Market Buy Order menu open and I thought my cursor was on my browser...anyway, when i typed a quick message and pressed enter - voila! Long trade open at 1.0079 and in 1 min later I'm down 15-20 pips lol. Anyway, it's still open and I'm still probably going to go long once I get a real entry.
Quoting latropsudoxe
Same here. I'm in Korea, I'm at work at 7-8AM and I leave a little early 3-5PM (I have Chinese classes at night and lately reworking my golf swing with a coach).

So what are your targets on 5 min charts? 10-30 pips?


I jumped into a long trade on the AUD/USD way too early by accident. I had the Market Buy Order menu open and I thought my cursor was on my browser...anyway, when i typed a quick message and pressed enter - voila! Long trade open at 1.0079 and in 1 min later I'm down 15-20 pips lol. Anyway, it's still open and I'm still probably...
Generally I look for between 5-30 pips. Usually depending on how much crap is in the way (support and resistance) from my entry.

Sorry about your entry, some times sh*t just happens. Looks like were adjusting to the south side again.
1.00457 is the next level. If we break that, stops are going to get hit.
Quoting Venice
1.00457 is the next level. If we break that, stops are going to get hit.
Yeah, I got my eye on the 1.0045 level. I'm not too stressed about the mis-entry, it wasn't a big amount. I just had the entry buy market order menu open because I was planning to set up a long. If we break 1.0045 I'm going to have to do something about this trade. Kinda wish I had a Sell Market Order menu open instead

If we break, it's going to look bearish for the time being to the next level.
Quoting latropsudoxe
Yeah, I got my eye on the 1.0045 level. I'm not too stressed about the mis-entry, it wasn't a big amount. I just had the entry buy market order menu open because I was planning to set up a long. If we break 1.0045 I'm going to have to do something about this trade. Kinda wish I had a Sell Market Order menu open instead

If we break, it's going to look bearish for the time being to the next level.
lol, I once again missed the short entry here. I need multiple monitors. My secondary blew out on me the other day.
Quoting Venice
lol, I once again missed the short entry here. I need multiple monitors. My secondary blew out on me the other day.
Definitely need multiple monitors. Trading and multitasking on one monitor is impossible after having multiple monitors. You feel so confined!
Quoting Venice
lol, I once again missed the short entry here. I need multiple monitors. My secondary blew out on me the other day.
You didn't miss ANYTHING bro! Buy AUDUSD @ 1.0050 TP 1.0250 SL 1.0000 Happy trading! Meshach
i'm think that it 'll go up...

anyone agree?
There is some downside pressure still. Looks like 1.0045 is holding at the moment, 1.0045-1.0050 may be a strong demand zone.

I was going to load up some more at 1.0050 but decided not too

----
God damn, I think it's time to worry about my messed up AUD/USD long.

We broke 1.0045, we're at 1.0039. Now I really wish I had a short market order menu open.
Quoting Trn007
i'm think that it 'll go up...

anyone agree?

hard to agree
Quoting yakuzaking
hard to agree
lol, yeah..it's plunging
Quoting latropsudoxe
There is some downside pressure still. Looks like 1.0045 is holding at the moment, 1.0045-1.0050 may be a strong demand zone.

I was going to load up some more at 1.0050 but decided not too

----
God damn, I think it's time to worry about my messed up AUD/USD long.

We broke 1.0045, we're at 1.0039. Now I really wish I had a short market order menu open.
Yeah; went up and touched S1 to the pip. Now at S2. This thing looks hungry enough to attack S3.
Quoting latropsudoxe
There is some downside pressure still. Looks like 1.0045 is holding at the moment, 1.0045-1.0050 may be a strong demand zone.

I was going to load up some more at 1.0050 but decided not too

----
God damn, I think it's time to worry about my messed up AUD/USD long.

We broke 1.0045, we're at 1.0039. Now I really wish I had a short market order menu open.
The MAJOR support is at 1.0025 next major level above this is 1.0526 Have no fear, your trades are very safe.
Took a bit longer than I expected but...finally the drop...

Took partial profits and locked in the rest..

http://www.forexfactory.com/showpost...ostcount=28704



Quoting myfxjournals
Eh forget it....

I re-entered again @ 1.00626 and 1.006247 SHORT
Attached Images (click to enlarge)
Click to Enlarge Name: AUDUSDSHORT3-14-2011 9-17-31 PM.png Size: 16 KB Click to Enlarge Name: audusdshort2 3-14-2011 9-19-39 PM.png Size: 16 KB
Quoting forexcompoun
The MAJOR support is at 1.0025 next major level above this is 1.0526 Have no fear, your trades are very safe.
Is your trade still open (fix your stop a little?)?

Do you mean 1.0056?

I may add a few longs here.
It's all over if we break 9969. In that event, time to finally start getting a short bias on the aussie.
Quoting Venice
It's all over if we break 9969. In that event, time to finally start getting a short bias on the aussie.

lol WOW. came to a surprise to me. didn't expect it to drop 100 pips. I'd be super happy if I had entered an accidental short. We're hanging around 1.0000 at the moment still with downside pressure.

oemgeeeeeeeeeee
so are you short or long? Just wondering.

some people said they were going to go long if it went down.. but then they were ambigous.
According to Official Broker Stats, 99.6% of Traders LOSE Money in FOREX...
Quoting latropsudoxe
lol WOW. came to a surprise to me. didn't expect it to drop 100 pips. I'd be super happy if I had entered an accidental short. We're hanging around 1.0000 at the moment still with downside pressure.

oemgeeeeeeeeeee
Yup. I'm not even sure what's causing this... just playing the level breaks as they keep happening.

Currently watching for S3 @ 9989. Maybe we can get some traction to the north here at that level.
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