Attachments: AUD/USD

AUD/USD

#35,601
Nov 14, 2011 3:19pm Nov 14, 2011 3:19pm

lasty
Joined Aug 2008 | Status: Trader | 3,386 Posts

AUD/USD @ 1.0200

Europe still in struggle street and despite a few leadership changes the underlying fact is they are shizenhousen.

Even though it has been a green light to sell, sovereigns and other large players have been buyers which have created snap backs from the shorters bailing.

They cant be there for ever and the time will come when the market gets complacent expecting them to be there and they arent.

support 1.00-1.02 zone resistance 1.05-1.07 on the broad.

Intraday expect 1.0150 1.0230 a break either side add another 50 on each.

Happy punting..

#35,602
Nov 14, 2011 4:15pm Nov 14, 2011 4:15pm

fx-rocket
Joined Sep 2011 | Status: In the zone | 452 Posts

Short @ 1.0203...
Lets see if we can reach parity in the next two days!

Expect the unexpected.

#35,603
Nov 14, 2011 5:12pm Nov 14, 2011 5:12pm

happytrader
| Joined Oct 2011 | Status: Trader | 698 Posts

any thoughts on where AUD is heading before falling again?

#35,604
Nov 14, 2011 5:15pm Nov 14, 2011 5:15pm

Ill-b-back
Joined May 2011 | Status: Get to the Chopper | 17,905 Posts

Shorting 0265 just below the 61.8 retrace and 1 hr 200ema for at least parity and probably to 9915 or so before we explode up on a mega move with a confirmed trendline break.

Come with me if you want to live....

#35,605
Nov 14, 2011 5:16pm Nov 14, 2011 5:16pm

Ill-b-back
Joined May 2011 | Status: Get to the Chopper | 17,905 Posts

Quoting happytrader

Disliked

any thoughts on where AUD is heading before falling again?

Ignored

See above

Come with me if you want to live....

#35,606
Edited 5:51pm Nov 14, 2011 5:27pm | Edited 5:51pm

happytrader
| Joined Oct 2011 | Status: Trader | 698 Posts

Quoting Ill-b-back

Disliked

Shorting 0265 just below the 61.8 retrace and 1 hr 200ema for at least parity and probably to 9915 or so before we explode up on a mega move with a confirmed trendline break.

Ignored

thanks. i got the same feeling that shorting at 0200 is way too early.

i think 0265 is a bit too high.. maybe 0255?

#35,607
Nov 14, 2011 6:05pm Nov 14, 2011 6:05pm

taxe91
| Joined Aug 2011 | Status: pippocketing | 513 Posts

Quoting happytrader

Disliked

thanks. i got the same feeling that shorting at 0200 is way too early.

i think 0265 is a bit too high.. maybe 0255?

Ignored

going short with a watertight SL before the monetary policy release wouldnt be such a bad idea. i wouldnt expect very encouraging news in that

#35,608
Nov 14, 2011 6:25pm Nov 14, 2011 6:25pm

Ill-b-back
Joined May 2011 | Status: Get to the Chopper | 17,905 Posts

Quoting happytrader

Disliked

thanks. i got the same feeling that shorting at 0200 is way too early.

i think 0265 is a bit too high.. maybe 0255?

Ignored

I work with areas of confluence. In this case it is at 0272, 200ema and 61.8 retrace. I then enter 8 pips or so before to make sure i get entry. If it goes to 0255, it is going to go to 0265 - 72 IMO.

Come with me if you want to live....

#35,609
Nov 14, 2011 6:31pm Nov 14, 2011 6:31pm

selym_co
Joined Aug 2011 | Status: All the world is a stage... | 858 Posts

i am long in this pair and my SL : 1,0138 and my target is 1,04542

and the daily AUDUSD chart supports this scenario...
and even while writing this message its moving in the positive direction

Attached Image (click to enlarge)

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Imagination rules the world ...

Selym Hyll Return This Year: na

#35,610
Nov 14, 2011 6:32pm Nov 14, 2011 6:32pm

Ill-b-back
Joined May 2011 | Status: Get to the Chopper | 17,905 Posts

Quoting Ill-b-back

Disliked

Shorting 0265 just below the 61.8 retrace and 1 hr 200ema for at least parity and probably to 9915 or so before we explode up on a mega move with a confirmed trendline break.

Ignored

Stop at 0308 FYI

Come with me if you want to live....

#35,611
Nov 14, 2011 6:33pm Nov 14, 2011 6:33pm

Ill-b-back
Joined May 2011 | Status: Get to the Chopper | 17,905 Posts

Quoting selym_co

Disliked

i am long in this pair and my SL : 1,0138 and my target is 1,04542

and the daily AUDUSD chart supports this scenario...

Ignored

Good luck

Come with me if you want to live....

#35,612
Nov 14, 2011 6:39pm Nov 14, 2011 6:39pm

happytrader
| Joined Oct 2011 | Status: Trader | 698 Posts

Quoting Ill-b-back

Disliked

Good luck

Ignored

yea, lol. don't think it's the right time to go long now...

#35,613
Nov 14, 2011 6:43pm Nov 14, 2011 6:43pm

selym_co
Joined Aug 2011 | Status: All the world is a stage... | 858 Posts

thanks for ur wishes...but i ll not need "luck"

i ll go to bed now and i ll take lots of profit when i wake up in the morning...

Imagination rules the world ...

Selym Hyll Return This Year: na

#35,614
Nov 14, 2011 6:45pm Nov 14, 2011 6:45pm

Ill-b-back
Joined May 2011 | Status: Get to the Chopper | 17,905 Posts

Quoting selym_co

Disliked

i am long in this pair and my SL : 1,0138 and my target is 1,04542

and the daily AUDUSD chart supports this scenario...
and even while writing this message its moving in the positive direction

Ignored

I thought about putting in a buy order this morning Aussie time after yesterday's down move, but the lack of any bullish macd divergence on any time at all except a slight one perhaps on the 1 min chart makes me think sellers are still in control.

Come with me if you want to live....

#35,615
Nov 14, 2011 6:47pm Nov 14, 2011 6:47pm

Ill-b-back
Joined May 2011 | Status: Get to the Chopper | 17,905 Posts

Quoting selym_co

Disliked

thanks for ur wishes...but i ll not need "luck" i ll go to bed now and i ll take lots of profit when i wake up in the morning...

Ignored

I wasnt trying to b smart, good luck seriously

Come with me if you want to live....

#35,616
Nov 14, 2011 6:51pm Nov 14, 2011 6:51pm

selym_co
Joined Aug 2011 | Status: All the world is a stage... | 858 Posts

i know that u are not trying to be smart...and i also didnt mean any underlying implication...i just trust myself and the geometry in the market...and it has to go upwards in order to obey the rules of geometry

) thats my style...and also i dont risk much...lets see wat will happen

)

Imagination rules the world ...

Selym Hyll Return This Year: na

#35,617
Nov 14, 2011 7:03pm Nov 14, 2011 7:03pm

Emanuel
| Joined Jun 2011 | Status: Trader | 244 Posts

artificer

#35,618
Nov 14, 2011 7:06pm Nov 14, 2011 7:06pm

Khaleesi
| Joined Nov 2011 | Status: Trader | 14 Posts

Quoting Ill-b-back

Disliked

Good luck

Ignored

I'm long too.. for about 80pips(1.03 or thereabouts).. the last decline and dovish RBA minutes were on the 3rd/4th of Nov and there was a 200pip bounce up after that. SL 1.02

#35,619
Nov 14, 2011 7:10pm Nov 14, 2011 7:10pm