AUD/USD

I am NOT LIKING how the European Crisis is getting resolved (or not getting resolved). China is now discounted to help. And with it, bringing AUD as well as other Risk On currencies down...

I am withdrawing my pending BUYS. I just closed my Long from last week at BE +5; it suck I missed closing it at 1.0350s...

looks like im about to get stopped out of my shorts here. bearish trendline may have been broken we'll have to wait it out and see. alternatively just a better position for scalp shorts

Scalping Long here from 215 . Still maintaining previous long @ 180 and Short @ 630.

Liquidity USD is also good to buy anyway. I would prefer to scalp both direction at this present moment as both USD and AUD has its own advantages.

I see ... 1.0115 can also be hit... technically ... two TLs crossing each other coincide with my white fib 423.6%.

same here mate.

from 220, looking for supply zone in 275 for taking pofit.

Slow moves ... Not much news/fundies to follow today except ...

5hrs from now ... US Housing Market Index (Minor Data / 10-20 pips) and ...
16hrs from now ... RBA Meeting Minutes (20-40pips) ...

Apart from that ... we might trip some buy/sell orders along the way or affected by Japan / EZ Data. That's all I think.

Better see CHF related pairs . Maybe they gonna make some hit in 2100hrs from now when Swiss Trade Balance is release projected by consensus to increase substantially.

Just wonder how SNB going to defend eur/chf @ 1.2 if tht consensus materialize ... I haven't close most of my CHF related pairs ... don't want to be the next Kweku Adoboli , the rogue trader who lost UBS 2.3B pound last week.

On another news , do u think this call is good or could it be a bait ? Sell GU , tp @ 1.5415 , .... came from J.Bank Team. They said something abt GBP 12b hole in UK Public Finances... (I don't know ... Need to check the technicals ... am still holding short in GU from 1.6314 atm).

It seems that bears are weakingn on the hourly TF.. 1.021 can be good support as a trend lnie on 4H TF

Those candles remind me of previous events ...
Something are going on in there ...

260-310 ...
190-160 ...

How true ... I don't know ...Anyway .... as usual ... who has the most money ... wins the game ...

AU just made a new moves ...

Down Target 112
Up Target 307-360

Probably AU wanna pay me, first. The rest of you later ... ... juz kidding ...

I agree with you on down target VennD
Look at weekly TF. that level can be tested this week I guess

ok ... we short it then ... but ... at this current level ... hard for me to get a good price to sell. Will wait ... see how / what is best to put some $$$ into the pockets ... That supports between 228-193 hard to surrender. Probably we are only going to play between 228-284 as of now...

hbkarakas , Which country is the strongest in Europe right now ? Anyone in this thread can answer also... open to everybody..

Recent gone short.

edit: @2346

at what price ?

really wish i hadnt gotten stopped out on this.

Hello AUD/USD Traders. Just signed in to the forum. Ive have learned so much from the guys in here that I decided to become a member.
I've been studying forex for a few years now and really want to make this my livelyhood and will try to offer positive observations as I see them.

Just watching for a bounce to scalp long @ 1.0183

Since this is my first, don't know what time it will post.

1.02346

Rollercoaster started down for the week. Hey, it's not how you start, but how you finish, right? My longs at present: 0640,0540, 0440, 0175, 0170. Have moved my stops on the bottom 2 to BE +1. Hope we have seen the last of that area for a while. Looking to unload the bottom 3 above 0350.

Regards,

waiting to see if this can retrace to descending tl for a short if bearish pa develops

Sorry ... was away just now ... I got in short @ 251 and closed it @ 170. Long @ 215 closed at 245 . Also , long position @ 180 has bn revised to 171.

Other than that ... I did not close Short @ 630 ... wanna see which one will gimme me more $$$ ...

(112 and 360 are still on the line).

SNB is afraid of the waves ... yet they build their houses near the seaside...