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AUD/USD

  • #34,721
  • Oct 20, 2011 10:23am Oct 20, 2011 10:23am
If support at 1.01 can not hold..then start to buy @ 1 or near S3 daily pivot for a quick 30 - 40 pips..Good Luck !!
  • #34,722
  • Oct 20, 2011 10:29am Oct 20, 2011 10:29am
Im out.. didnot hit my TP by a few frac-pips!. that session low is holding (for now)..
  • #34,723
  • Oct 20, 2011 10:31am Oct 20, 2011 10:31am
EU Members could not agree on what to do with the summit, they are considering postponing the summit (rumor).
  • #34,724
  • Oct 20, 2011 10:57am Oct 20, 2011 10:57am
so far so good today... closed 150 pips worth of trades
Buy! Buy! Sell! Sell! Just make sure you have proper MM!
  • #34,725
  • Edited 6:10pm Oct 20, 2011 11:10am | Edited 6:10pm
may not hold this time...


ADD: It held
  • #34,726
  • Oct 20, 2011 4:46pm Oct 20, 2011 4:46pm
AUD/USD @1.0230

Groundhog day???

Well too many political spats in Europe are doing my head in and now throw Ghaddafi in the mix and we have a nice brew of ugliness..

Still prepared to go in short over the weekend and aware of pain tolerance.

Good luck punters.
  • #34,727
  • Oct 20, 2011 5:51pm Oct 20, 2011 5:51pm
http://www.abc.net.au/news/2011-10-2...conomy/3581974

Its not far from the truth
  • #34,728
  • Oct 20, 2011 6:04pm Oct 20, 2011 6:04pm
The day ends with Europe Hopeful. This explains how/why market recovered.
And as long as there is Hope for Greece (which obviously will receive money regardless of austerity) and as long as Europe will have a Summit (regardless when), and as long as there is a PLAN (or whatever plan it will be), there will always be silver lining in these dark clouds.

In short, if those dont materialize, it will be disaster otherwise, EUR, AUD will be supported or range for the time being.
  • #34,729
  • Oct 20, 2011 6:10pm Oct 20, 2011 6:10pm
Quoting lasty
http://www.abc.net.au/news/2011-10-2...conomy/3581974

Its not far from the truth
Good Laugh!
  • #34,730
  • Oct 20, 2011 8:36pm Oct 20, 2011 8:36pm
Now is flat around 1.025..see if it keep bouncing at 1.012 - 1.038 area..Easy money so far by buying below 1.018 & selling above 1.03..Maybe next week it'll really move north/south..Good Luck !!
  • #34,731
  • Oct 20, 2011 9:33pm Oct 20, 2011 9:33pm
AUD/USD still flat here, looking to short around the 1.02500 level to the 1.02080-1.0200
  • #34,732
  • Oct 20, 2011 9:40pm Oct 20, 2011 9:40pm
wow its definitely been a while since i last saw this pair flatline like this. have just one position open, a short. hopefully i can get some action on it when london/ny opens cos i really do not want to hold this over the weekend
  • #34,733
  • Oct 20, 2011 9:43pm Oct 20, 2011 9:43pm
Quoting taxe91
wow its definitely been a while since i last saw this pair flatline like this. have just one position open, a short. hopefully i can get some action on it when london/ny opens cos i really do not want to hold this over the weekend
Same her mate, holding a short aswell... Zzzz... Zzzz...
Expect the unexpected.
  • #34,734
  • Oct 20, 2011 9:46pm Oct 20, 2011 9:46pm
Hey friends,

Bon jour!!!

Even i have the option to short. Sell limit at 1.0250
  • #34,735
  • Oct 20, 2011 9:47pm Oct 20, 2011 9:47pm
What is your target on your short?
  • #34,736
  • Edited 9:56pm Oct 20, 2011 9:54pm | Edited 9:56pm
Seems like we could manage with a tight stop !!!!

Sorry for small picture. Was in a hurry.
Attached Image (click to enlarge)
Click to Enlarge Name: hth.jpg Size: 62 KB
  • #34,737
  • Oct 20, 2011 10:18pm Oct 20, 2011 10:18pm
Some movement finally. Let's see if it breaks 1.020 for further movement towards 1.0150.
Buy! Buy! Sell! Sell! Just make sure you have proper MM!
  • #34,738
  • Oct 20, 2011 11:01pm Oct 20, 2011 11:01pm
Quoting rafiqhidayat
Some movement finally. Let's see if it breaks 1.020 for further movement towards 1.0150.
Yup, that took a while for that baby to get moving...
Entered my short at 5am this morning!
Expect the unexpected.
  • #34,739
  • Oct 20, 2011 11:28pm Oct 20, 2011 11:28pm
Quoting jrvaler
What is your target on your short?
I was unfortunate. My sell limit did not trigger. Lost the entry. Guess i will get a pull back. If so, i regard 1.0160 to be safer target. But my belief is to come down to 1.0140.
  • #34,740
  • Oct 20, 2011 11:53pm Oct 20, 2011 11:53pm
AUD at 1.0216:
Might be a big call but...
If we see a break out of this "wedge" forming at the moment,
I think that 0.9980 will be the next target...

Needs to break 1.0180 for this to come into play....
Expect the unexpected.
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