AUD/USD | Page 1646 | 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

  • #32,901
  • Sep 3, 2011 1:16am Sep 3, 2011 1:16am
http://lcchong.files.wordpress.com/2...ng?w=877&h=398

http://lcchong.files.wordpress.com/2...ng?w=877&h=397

http://lcchong.files.wordpress.com/2...ng?w=877&h=398
  • #32,902
  • Edited 3:07am Sep 3, 2011 2:49am | Edited 3:07am
Quoting Pied Piper
VennD the result was favoring AUD? it was favouring USD today right. Bad US economic data. And yesterday it was unfavourable to USD right i.e good US economic data....can you kindly review this post of mine which elaborates on this? URL]http://www.forexfactory.com showthread.php?p=4854225#post4854225[/url] When it comes to AUD we need to check weather it is in over bought or over sold in the swing as well.... so from 417 there was no decent retracement so AUD USD down in case of bad US data.......This is the kind of assesment I am able to make viewing...
I can't say that you are wrong either ... maybe you are right ... Earlier I was talking in a 15m tf's view ... and if you are talking about in a 4h tf's view ... then ... my short @ 756 should cater for your assessment ... I did not close it until now ... do you remember ?

Anyway ... we are very much different in forex trading's foundation ... No further comment ... Thank you for sharing your thoughts ...

attached : AU 15m tf's view ... 5 long scalpers 'accidently' went in ...
Attached Image (click to enlarge)
Click to Enlarge Name: au15m_14.gif Size: 21 KB
  • #32,903
  • Edited 6:22am Sep 3, 2011 5:58am | Edited 6:22am
Quoting BurgerKing
News trading no longer strickly works in the old-premise of Bad News equals depreciation for affected currency. You have to understand news trading in current Risk Context. AUD is a classified as one of the "Risk Appetite Currency" and "Commodity Currency" (along with CAD to name a few) implying that AUD benefits from strong-economy of trading partners. Very Bad news from a major economy such as US implies bad economy for it's trading partners as well thus, AUD, CAD, EUR sold off.
This fundamental shift in News Trading occured in late 2008....
BurgerKing ,

1) I thank you for your thoughts , ... u are right also in reasoning it ... but I short EU because 'they' ask investors to 'extend' the bond's maturity date ... they have problems to pay ? I wonder .... therefore , personally ... I have very good reason to dump it (atm).

2) For UsdCad , I have closed all my toys earlier ... haven't enter any trade yet in that pair ... let me check on Monday , when market open...

3) For AudUsd , when I trade it ... I look mostly between Aust and US state of economy ... apart from other Aust's importers . I learn that America doesn't import much from Aust , ... China , Japan & New Zealand are ... and ...

When I look at AU daily tf .... here's what I found ...

LongTerm = Bullish

ShortTerm = Trending

Good Luck to your trades ... & kind regards ...

attached : EurUsd 15m tf's view ... Sorry ... 1 scalp long accidently went in also ... will close it on monday if necessary ...
Attached Image (click to enlarge)
Click to Enlarge Name: eu15m_01.gif Size: 17 KB
  • #32,904
  • Sep 3, 2011 7:20am Sep 3, 2011 7:20am
Quoting VennD
.....
Let me test ... short eurchf @ 1.1838 , SL 5 pips above recent high bar (4h tf) .
Marcb , ... Do u still remember about yr EurChf ? Your wish has been granted ... That short @ 1.1838 wasn't stop out but eurchf rised above it. Didn't touch the SL .

Add another short @ 1.1895 ... finally I closed that 1.1838 @ 1.1073 and add 1 reversed entry long @ 1.1073 ... when I learnt that SNB (atm) doesn't want to comment anything about chf , should it rise. I took it as ... 'No Intervention' ... but ... my brain says ... there must be a level where SNB will be comfortable with ...therefore I think this situation is of temporary nature.

attached : EurChf 30m tf. ( I leave that .... short @ 1.1895 and long @ 1.1073 until what comes next... will scalp in between ... )
Attached Image (click to enlarge)
Click to Enlarge Name: eurchf30m_01.gif Size: 18 KB
  • #32,905
  • Sep 3, 2011 7:22am Sep 3, 2011 7:22am
Quoting VennD
I can't say that you are wrong either ... maybe you are right ... Earlier I was talking in a 15m tf's view ... and if you are talking about in a 4h tf's view ... then ... my short @ 756 should cater for your assessment ... I did not close it until now ... do you remember ?

Anyway ... we are very much different in forex trading's foundation ... No further comment ... Thank you for sharing your thoughts ...

attached : AU 15m tf's view ... 5 long scalpers 'accidently' went in ...
Only a question. How did you know that should take short in this point @756?

Really, I don't understand? What was the analysis (short @756)?

Thank's
  • #32,906
  • Edited 12:12pm Sep 3, 2011 7:35am | Edited 12:12pm
Quoting Chelost
Only a question. How did you know that should take short in this point @756?

Really, I don't understand? What was the analysis (short @756)?

Thank's
Chelost , ... You should dig some of the reasons from my earlier posts ... anyway ... I'll dig it (fundamentally and technically) , specially just for you ... but you have to give me sometimes ...ok

Technically , most indis can give you the signals to short at that point in time ... btw ... what indi/s do u use to trade ? Pls show me your AU chart with indis in it , you normally trade. Different ppl has different likings in indis .... what is good to me ... doesn't mean good for you I wonder ... your broker doesn't have any facility to teach you on those things ... ?

I don't have much time to search the thread for the fundies ... right now I can only give u this ... a combination of 1 TL and a Signal Candle.
Attached Image (click to enlarge)
Click to Enlarge Name: au5m_05.gif Size: 26 KB
  • #32,907
  • Sep 3, 2011 10:38am Sep 3, 2011 10:38am
Hmmmm:

1.0835 = 78.6% fibo retracement from the 9/aug bottom...

(but first probably 1.0600)
Use me as a contrarian indicator
  • #32,908
  • Sep 3, 2011 1:14pm Sep 3, 2011 1:14pm
Quoting VennD
Chelost , ... You should dig some of the reasons from my earlier posts ... anyway ... I'll dig it (fundamentally and technically) , specially just for you ... but you have to give me sometimes ...ok

Technically , most indis can give you the signals to short at that point in time ... btw ... what indi/s do u use to trade ? Pls show me your AU chart with indis in it , you normally trade. Different ppl has different likings in indis .... what is good to me ... doesn't mean good for you I wonder ... your broker doesn't have any facility to...
I'am following you in your post

Thank's man.
  • #32,909
  • Sep 4, 2011 8:36am Sep 4, 2011 8:36am
we got a big week for AUD. we will have homes,employment and GDP data later this week.

we may see another RBA intervention if the data come positive. btw, I checked the RBA website and they tell the public why and how they intervene in the forex market, it seems to be regular job for RBA
  • #32,910
  • Sep 4, 2011 12:42pm Sep 4, 2011 12:42pm
Quoting VennD
Chelost , ... You should dig some of the reasons from my earlier posts ... anyway ... I'll dig it (fundamentally and technically) , specially just for you ... but you have to give me sometimes ...ok

Technically , most indis can give you the signals to short at that point in time ... btw ... what indi/s do u use to trade ? Pls show me your AU chart with indis in it , you normally trade. Different ppl has different likings in indis .... what is good to me ... doesn't mean good for you I wonder ... your broker doesn't have any facility to...
Dear VennD,

I was going to write my prediction about AUD, but just saw your post and read that! Here is a work of me, so what i request from all is their comments. Even on 5m TF RSI,MACD and PP combination shows that there will be a fall down..
Why I wrote that is, if we could catch that pattern, for now we would be able to have nearly 110 pips.

the candlestick which touch the upper trend line could be our entry point, the macd histogram is falling during the high price action.
Attached Image (click to enlarge)
Click to Enlarge Name: aud5m Vennd.jpg Size: 167 KB
  • #32,911
  • Sep 4, 2011 2:36pm Sep 4, 2011 2:36pm
1.0616 Gap down...
Use me as a contrarian indicator
  • #32,912
  • Sep 4, 2011 3:07pm Sep 4, 2011 3:07pm
.
Attached Image (click to enlarge)
Click to Enlarge Name: au daily 9.4.gif Size: 27 KB
  • #32,913
  • Sep 4, 2011 4:07pm Sep 4, 2011 4:07pm
Quoting mrbandwidth
1.0616 Gap down...

Opened at 1.0610 7 mins ago @ instaforex. Alpari opens only after an hour. Donno why? Yours seems to have opened 1 hr prior.... Which broker/terminal do you use Mr Bandwidth?
  • #32,914
  • Sep 4, 2011 5:27pm Sep 4, 2011 5:27pm
Quoting Pied Piper
Opened at 1.0610 7 mins ago @ instaforex. Alpari opens only after an hour. Donno why? Yours seems to have opened 1 hr prior.... Which broker/terminal do you use Mr Bandwidth?

http://www.xe.com/
Use me as a contrarian indicator
  • #32,915
  • Sep 4, 2011 6:28pm Sep 4, 2011 6:28pm
AUD/USD 1.0605

Usual Monday morning price action as market sorts out ranges or finds where interest is.
Bad US Unemployment numbers has the market spooked and the bears are back in town.
Australia has a raft of data this week as well as political turmoil.
Many will look at the risk off trade so expect rallies to be sold.

AUD/CHF .8370

Saw a bounce off the low of .8250 on friday up to .8445.
With AUD under pressure we can expect this one to be on shakey ground again.
Expect volatility and elasticity and use those overshoots for position opportunities.. in my case average in
  • #32,916
  • Sep 4, 2011 8:34pm Sep 4, 2011 8:34pm
Company Operating Profits q/q +6.7%
Use me as a contrarian indicator
  • #32,917
  • Sep 4, 2011 9:07pm Sep 4, 2011 9:07pm
AUD/USD @1.0590

Despite equities getting smashed I would have expected AUD to fall further having broken 1.0580 being a technical level
It seems like the market has got itself short OR their are quality buyers lurking.

Watch for a possible short cover .
  • #32,918
  • Edited 9:36pm Sep 4, 2011 9:17pm | Edited 9:36pm
Long here @ 578 sl @ BE per my earily chart I think worth a shot.....

ps. Gold back to Bull and USFLX at the squeez...

pss. Plus we have a unfilled gap.
Attached Image (click to enlarge)
Click to Enlarge Name: usflx 4hr 9.4.gif Size: 27 KB
  • #32,919
  • Sep 4, 2011 9:39pm Sep 4, 2011 9:39pm
Quoting Chillypiper
Long here @ 578 sl @ BE per my earily chart I think worth a shot.....

ps. Gold back to Bull and USFLX at the squeez...

pss. Plus we have a unfilled gap.
You could be right..
  • #32,920
  • Sep 4, 2011 10:14pm Sep 4, 2011 10:14pm
Quoting Chillypiper
Long here @ 578 sl @ BE per my earily chart I think worth a shot.....ps. Gold back to Bull and USFLX at the squeez...pss. Plus we have a unfilled gap.
That sudden gap doesn't give me time to get out ...... Long @ 577 x 10 ... wanna clear those mess..
302 traders viewing now