AUD/USD | Page 1760 | 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

  • #35,181
  • Oct 31, 2011 10:48pm Oct 31, 2011 10:48pm
The statement says monetary policy will be at a neutral stance?

Does that mean they'll probably be sticking to 4.5% for a while?
  • #35,182
  • Oct 31, 2011 10:50pm Oct 31, 2011 10:50pm
I agree with this rate cut, (and not just because im short) the RBA inflation target band is not an official economic policy by any means.
Growth and even unemployment (we love the good old Phillips curve in this country) will always be prioritised. China's slowdown is imminent, our 'mining boom' has well and truly peaked, and Europe is a house of cards right now its only a matter of time before the likes of Italy, Spain etc need debt 'haircuts' too. Not to mention unless something drastic happens next month this will be the last rate change until February 2012 at the earliest.

Waiting to see how the media is responding to this right now.


Quoting jayjb
The statement says monetary policy will be at a neutral stance?

Does that mean they'll probably be sticking to 4.5% for a while?
you bet they will. i think this is already taking into consideration that the US will not be as bullish as their Q3 GDP suggests and that Europe is still vulnerable. unless theres a collapse in a region that Australia has high risk exposure to we should remain at 4.5% till probably Q2 2012 minimum
  • #35,183
  • Oct 31, 2011 11:08pm Oct 31, 2011 11:08pm
Long or short?
  • #35,184
  • Oct 31, 2011 11:12pm Oct 31, 2011 11:12pm
Heracles au$ , doesn't give up , fighting still last minute
Mohan
  • #35,185
  • Oct 31, 2011 11:15pm Oct 31, 2011 11:15pm
Quoting almonleng
Long or short?
seen a fair few posts of people looking to long it back to 1.07.. personally im not jumping in long unless we get good US fed news on thursday. im sure if we do then theres 100+ pips to ride easily.
ive closed my shorts but still bearish on the aussie
  • #35,186
  • Oct 31, 2011 11:31pm Oct 31, 2011 11:31pm
Close mine too.
The 4H chart is still bullish, but I am afraid the BOJ will ruin everything.

Quoting taxe91
seen a fair few posts of people looking to long it back to 1.07.. personally im not jumping in long unless we get good US fed news on thursday. im sure if we do then theres 100+ pips to ride easily.
ive closed my shorts but still bearish on the aussie
  • #35,187
  • Oct 31, 2011 11:35pm Oct 31, 2011 11:35pm
  •  Oz4x
  • | Joined Oct 2009 | Status: "Everybody Wants Some!" - Roth | 76 Posts
Key area here. Broken LTL and 61.8% Fib. If it holds this break below here could see continuation down to next level.

GL
Attached Image (click to enlarge)
Click to Enlarge Name: aud2011_h1.1.gif Size: 16 KB
  • #35,188
  • Oct 31, 2011 11:37pm Oct 31, 2011 11:37pm
Quoting almonleng
Close mine too.
The 4H chart is still bullish, but I am afraid the BOJ will ruin everything.
BoJ wouldve actually helped your shorts, like they did yesterday destroying that 0660 support for us. been a 200 pip drop since then.

edit: sorry i assumed you were short not long
  • #35,189
  • Oct 31, 2011 11:39pm Oct 31, 2011 11:39pm
AUD/USD @1.0465

Well there we have it Melb Cup over for another year,RBA Cutting rates for another year and will it be Aussie getting to 1.07 over for another year?

1.0500 was the pivot and perhaps the next one is 1.0380.

Fundamentally its weak technically its starting to get weaker and my gut feel is that no one is on this down move.. except for moi LOL ;-)

Good luck
  • #35,190
  • Oct 31, 2011 11:46pm Oct 31, 2011 11:46pm
Quoting lasty
AUD/USD @1.0465

Well there we have it Melb Cup over for another year,RBA Cutting rates for another year and will it be Aussie getting to 1.07 over for another year?

1.0500 was the pivot and perhaps the next one is 1.0380.

Fundamentally its weak technically its starting to get weaker and my gut feel is that no one is on this down move.. except for moi LOL ;-)

Good luck
draw a line in at 1.0360 and tell me what you think..
Don't have an ego. Always question yourself and your ability.
  • #35,191
  • Oct 31, 2011 11:48pm Oct 31, 2011 11:48pm
Quoting Oz4x
Key area here. Broken LTL and 61.8% Fib. If it holds this break below here could see continuation down to next level.

GL
Nice chart
FF journal: Peaks and Troffs
  • #35,192
  • Oct 31, 2011 11:54pm Oct 31, 2011 11:54pm
alrighty im seeing enough consolidation here to satisfy my bearish appetite. setting a sell order to hopefully trigger if we get a little bull rally and if the euro/ny indices continue to wipe out their gains from last week then im selling hard. looking to crush this bullish trendline and ride down to 0200 if not lower. who's with me?

will be back closer to the ny markets fellas, good luck to you all
  • #35,193
  • Nov 1, 2011 12:14am Nov 1, 2011 12:14am
Shorting this til 1.035
  • #35,194
  • Nov 1, 2011 12:17am Nov 1, 2011 12:17am
  •  Oz4x
  • | Joined Oct 2009 | Status: "Everybody Wants Some!" - Roth | 76 Posts
Quoting Oz4x
Key area here. Broken LTL and 61.8% Fib. If it holds this break below here could see continuation down to next level.

GL
Added short at new H1. Clean break of LTL and Fib.

GL
Attached Image (click to enlarge)
Click to Enlarge Name: aud2011_h1.2.gif Size: 16 KB
  • #35,195
  • Nov 1, 2011 12:26am Nov 1, 2011 12:26am
Quoting RamsesII
draw a line in at 1.0360 and tell me what you think..

We have seen some big whips over the past few weeks.
Personally feel the market was right but had the wrong position.
(too short).

We had an explosive move from .9375 to 1.0750 in a very short space of time. I see another test of parity.
  • #35,196
  • Nov 1, 2011 12:57am Nov 1, 2011 12:57am
Quoting lasty
We have seen some big whips over the past few weeks.
Personally feel the market was right but had the wrong position.
(too short).

We had an explosive move from .9375 to 1.0750 in a very short space of time. I see another test of parity.
That's what I said a few posts back that currently on the daily chart we are in the process of creating an inverse H&S formation with 1.0750 being the neckline. If this continues, I think we might be able to reach 1.01 / or parity even (right inverse shoulder) before the trend reverses up to go to 1.13 or so.

I would start buying once we break 1.03 / 1.02 as the is a good pair to go long for long period of times as you do earn interest on it.
Buy! Buy! Sell! Sell! Just make sure you have proper MM!
  • #35,197
  • Nov 1, 2011 1:32am Nov 1, 2011 1:32am
http://online.wsj.com/article/SB10001424052970204394804577010091283798750.html?mod=WSJASIA_hps_LEFTTopWhatNews#articleTabs%3Dcomments



I'm still holding my short positions taken at ( 1.071 ,1.067), I'm just thinking there will be more news that can drop the EURO and AUD.
  • #35,198
  • Nov 1, 2011 2:14am Nov 1, 2011 2:14am
  •  Oz4x
  • | Joined Oct 2009 | Status: "Everybody Wants Some!" - Roth | 76 Posts
Quoting Oz4x
Added short at new H1. Clean break of LTL and Fib.

GL
Needs to hold through 1.0400.....approaching target zone.

GL
  • #35,199
  • Nov 1, 2011 3:37am Nov 1, 2011 3:37am
Quoting jayjb
Shorting this til 1.035
Closed shorts for +90 pips..

Calling it a day here, been a roller coaster ride since this morning when I accidentally long-ed EURUSD by mistake and proceeded to lose some good money

Finally recouped my losses and still have a little extra to rest for a while
  • #35,200
  • Nov 1, 2011 4:51am Nov 1, 2011 4:51am
Good trading day today.. after a few days of 20 pip trading days, managed to secure about 170 pips today...
Buy! Buy! Sell! Sell! Just make sure you have proper MM!
93 traders viewing now