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AUD/USD

  • #36,141
  • Nov 22, 2011 9:34pm Nov 22, 2011 9:34pm
Quoting GBReal
I agree. I'm long at 0.97687. SL Break even +1. Hoping for 1.0100 by the end of the Holiday Weekend.....we'll see.

(I'm mostly a scalper, so please don't follow my advice. Just sharing what I'm doing.)
haha, i hope you're right. cos i do wanna see aud at parity and above... cos that means the equity market WILL RISE TOO....

need to get my shares out soon!
  • #36,142
  • Nov 22, 2011 9:51pm Nov 22, 2011 9:51pm
recovered lots of lost grounds... back to 0.9790...
  • #36,143
  • Nov 22, 2011 10:03pm Nov 22, 2011 10:03pm
Quoting MTsnowrider
Same here. I'm thinking short squeeze at some point with US traders closing out short positions for the holiday weekend. My only worry is that we may see another leg down when European traders wake up and see the news.
I agree, short at 9933
Come with me if you want to live....
  • #36,144
  • Nov 22, 2011 10:24pm Nov 22, 2011 10:24pm
Quoting CathS
- thanks, I am playing with it now! Cath
Ok great, if you have any questions, please send a private message as I am not here all the time and will prob miss a query.
Come with me if you want to live....
  • #36,145
  • Nov 22, 2011 10:29pm Nov 22, 2011 10:29pm
Quoting Ill-b-back
I agree, short at 9933
Meant 9833
Come with me if you want to live....
  • #36,146
  • Nov 23, 2011 12:09am Nov 23, 2011 12:09am
Quoting Ill-b-back
Meant 9833
LOL.....I'd be thrilled with 9933!
  • #36,147
  • Nov 23, 2011 12:16am Nov 23, 2011 12:16am
Why buy right now??? Why not wait until 93ish? We are at minor support. We have a strong bearish weekly divergence and the monthly MACD (red and blue lines at the bottom of chart) have turned sharply down.
Attached Image (click to enlarge)
Click to Enlarge Name: why buy.gif Size: 15 KB
Come with me if you want to live....
  • #36,148
  • Nov 23, 2011 12:40am Nov 23, 2011 12:40am
Quoting Ill-b-back
Why buy right now??? Why not wait until 93ish? We are at minor support. We have a strong bearish weekly divergence and the monthly MACD (red and blue lines at the bottom of chart) have turned sharply down.
You are so right about the weekly. I am a scalper. Only do day trading when I'm physically in front of my computer. I only go for 10 to 20 pips at a time and then I'm out. Works for me and my schedule. Occaisionally I get a longer run, but I don't depend on those. Love reading the analysis on this thread. Kudos to the charters.
  • #36,149
  • Nov 23, 2011 1:26am Nov 23, 2011 1:26am
oh aud can't u just rise like hell? ..why do u keep hovering along the support zone???

damn hit my BE! DAMN IT
  • #36,150
  • Nov 23, 2011 1:29am Nov 23, 2011 1:29am
Quoting happytrader
oh aud can't u just rise like hell? ..why do u keep hovering along the support zone???

damn hit my BE! DAMN IT
chill. sooner or later it will hit your BE / TP.
Buy! Buy! Sell! Sell! Just make sure you have proper MM!
  • #36,151
  • Nov 23, 2011 1:36am Nov 23, 2011 1:36am
aussie, c;mon. there's no significant EVIL news. why do you not rise to heaven?

let's hope 0.976 is your lowest point...in 2011. lol.

stopped out at be...just now...
  • #36,152
  • Nov 23, 2011 1:46am Nov 23, 2011 1:46am
Quoting happytrader
aussie, c;mon. there's no significant EVIL news. why do you not rise to heaven?

let's hope 0.976 is your lowest point...in 2011. lol.

stopped out at be...just now...
Don't worry... I will trade LONG with you once we hit positive on the daily MACD...
  • #36,153
  • Nov 23, 2011 1:50am Nov 23, 2011 1:50am
Quoting ragnakore
Don't worry... I will trade LONG with you once we hit positive on the daily MACD...
yea, lol. i love aussie interests! lol.
  • #36,154
  • Nov 23, 2011 1:51am Nov 23, 2011 1:51am
Quoting happytrader
oh aud can't u just rise like hell? ..why do u keep hovering along the support zone???

damn hit my BE! DAMN IT
I'll bite my tongue
Come with me if you want to live....
  • #36,155
  • Nov 23, 2011 1:53am Nov 23, 2011 1:53am
Quoting ragnakore
Don't worry... I will trade LONG with you once we hit positive on the daily MACD...
.
Come with me if you want to live....
  • #36,156
  • Nov 23, 2011 1:56am Nov 23, 2011 1:56am
90 pips in profit so far on a holiday, I like forex holidays again
Come with me if you want to live....
  • #36,157
  • Nov 23, 2011 2:06am Nov 23, 2011 2:06am
The Kiwi is set for quite a fall guys
Attached Image (click to enlarge)
Click to Enlarge Name: kiwi drop.gif Size: 24 KB
Come with me if you want to live....
  • #36,158
  • Nov 23, 2011 2:10am Nov 23, 2011 2:10am
Quoting Ill-b-back
The Kiwi is set for quite a fall guys
Have shorted with no SL
Come with me if you want to live....
  • #36,159
  • Nov 23, 2011 2:28am Nov 23, 2011 2:28am
Quoting Ill-b-back
Have shorted with no SL
yup. I entered yesterday midnite. Not a great fall as Aussie though.
Didn't quite get a good entry price but we'll see how it goes.

Entered: 0.74544
Risking 60 pips and Reward at 120 pips.

Price is still hovering around the support area of 0.74492 based on my chart.

Waiting patiently till it drops below as Kiwi and Aussie seems to work nicely together.
  • #36,160
  • Nov 23, 2011 2:47am Nov 23, 2011 2:47am
Quoting Muhd Taufik
yup. I entered yesterday midnite. Not a great fall as Aussie though.
Didn't quite get a good entry price but we'll see how it goes.

Entered: 0.74544
Risking 60 pips and Reward at 120 pips.

Price is still hovering around the support area of 0.74492 based on my chart.

Waiting patiently till it drops below as Kiwi and Aussie seems to work nicely together.
good work. This will be a longer term trade for me, looking for 600 pips at least to the 50% retrace and not ruling out 1000 pips to the 61.8 retrace
Come with me if you want to live....
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