AUD/USD | Page 1973 | 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

  • #39,441
  • Jan 25, 2012 4:46am Jan 25, 2012 4:46am
Quoting ragnakore
The reason why I dont wanna go short is because:
#1. Hopium is strong
#2. Retail Traders are getting extremely net short on AUDUSD which implies the wise money is on the Long Side.
#3. Equity is trying its darnest to go up bringing AUDUSD (and other risk currencies) up.

I will go sideline for a while. Need to shake off that stupid LONG (correction) yesterday only to see it in the money now.
sideline paid off - or more accurately, did not lose.

Quoting taxe91
if this is how you feel, why not wait to go short instead?
but I should have listened to you instead!
  • #39,442
  • Jan 25, 2012 5:28am Jan 25, 2012 5:28am
Quoting happytrader
yea, never trust those fee based websites. i'm quite shocked when solomon made a sell call a while ago. the recommended sl is way too huge. it 'll take a while to see if that sell call is a winner or a loser.
Not surprising for long term traders

Google for wisefx, these guys are hardcore trend traders, their sl is in the hundreds and targets 1000Pips. Yes they actually get big yearly returns
  • #39,443
  • Jan 25, 2012 5:30am Jan 25, 2012 5:30am
Quoting jayjb
Not surprising for long term traders

Google for wisefx, these guys are hardcore trend traders, their sl is in the hundreds and targets 1000Pips. Yes they actually get big yearly returns
Problem with the call is that, it might take a long while the position might be hammered with negative swap. it costs 1.4 pips a day for a short audusd...
  • #39,444
  • Jan 25, 2012 5:44am Jan 25, 2012 5:44am
Quoting Alki
Up to now, 1.0443 was only a false breakout of 16 pips. Are we going to double top at 1.054-1.057? If yes, i'll not miss you this time Aussie. Only my money management will take control of this even trade from 1.054 to probably 1.061. If higher than 1.064, means i'm wrong. We'll see.
We touched exactly 1.054, then south. Until not yet 1.041, reversal is not yet confirmed.
Little luck is forex water. Learn all Trading strategies, then forget them.
  • #39,445
  • Jan 25, 2012 6:31am Jan 25, 2012 6:31am
Quoting Alki
We touched exactly 1.054, then south. Until not yet 1.041, reversal is not yet confirmed.
I didnt understand what you meant on the last part.

Do tou mean to say, from 1.054 down to 1.0410 then up?
why so?
  • #39,446
  • Jan 25, 2012 7:05am Jan 25, 2012 7:05am
Quoting ragnakore
I didnt understand what you meant on the last part.

Do tou mean to say, from 1.054 down to 1.0410 then up?
why so?
Until 1.0410 was not crossed nearly, reversal from 1.0572 is not confirmed. Why? Last false breakout was at only 16 pips. Then it has to cross more than 16 pips to get this confirmation. Now what false breakout? Draw line from 1.10792 to 1.0752 on H8, then convert it on 15mn chart, you will see which breakout i'm talking about. This line IS the key. It was resistance then support three time recently. If this line will be broken it will become again resistance and thus, the confirmation of reversal. Add this to your calculation and you will see how deep Aussie could go.

Hope i explain well.
Little luck is forex water. Learn all Trading strategies, then forget them.
  • #39,447
  • Jan 25, 2012 7:06am Jan 25, 2012 7:06am
EUR/USD have big support around 1.2950 ...
If it doesn't drop below it ...
AUD/USD won't drop below 1.044
GPB/USD picking up heading north too ....

Taking my chance on long position now


Unless news coming out in 25 mins will chance anything
Looking like long positions are build around this level
like yesterday morning and nite
  • #39,448
  • Jan 25, 2012 8:46am Jan 25, 2012 8:46am
Possible triangle at 2H...?

450-532
Use me as a contrarian indicator
  • #39,449
  • Jan 25, 2012 8:47am Jan 25, 2012 8:47am
Long Kiwi, Not so much Aussie
  • #39,450
  • Jan 25, 2012 9:41am Jan 25, 2012 9:41am
I'm now shorting Aussie and Kiwi
  • #39,451
  • Jan 25, 2012 9:50am Jan 25, 2012 9:50am
Short pending order 1.057. TP open, depends market condition.
Little luck is forex water. Learn all Trading strategies, then forget them.
  • #39,452
  • Jan 25, 2012 9:52am Jan 25, 2012 9:52am
Quoting Alki
Short pending order 1.057. TP open, depends market condition.

Your pending order is wayyyyy too high ...
It might be top @ 1.0550
  • #39,453
  • Jan 25, 2012 10:04am Jan 25, 2012 10:04am
Quoting aarontdang
Your pending order is wayyyyy too high ...
It might be top @ 1.0550
We touch already 1.056. We'll see if it arrives at 1.057.
Little luck is forex water. Learn all Trading strategies, then forget them.
  • #39,454
  • Jan 25, 2012 10:06am Jan 25, 2012 10:06am
Quoting Alki
We touch already 1.056. We'll see if it arrives at 1.057.

damn didn't realize it would be this high...
short activate?
  • #39,455
  • Jan 25, 2012 10:08am Jan 25, 2012 10:08am
Quoting aarontdang
damn didn't realize it would be this high...
short activate?
Here we are, let's see the market to which high it could go.
Little luck is forex water. Learn all Trading strategies, then forget them.
  • #39,456
  • Jan 25, 2012 10:10am Jan 25, 2012 10:10am
Quoting Alki
Here we are, let's see the market to which high it could go.

Why didn't you went long instead?
  • #39,457
  • Jan 25, 2012 10:11am Jan 25, 2012 10:11am
Quoting aarontdang
Why didn't you went long instead?
Long?????? Why???
Little luck is forex water. Learn all Trading strategies, then forget them.
  • #39,458
  • Jan 25, 2012 10:11am Jan 25, 2012 10:11am
Quoting Alki
Short pending order 1.057. TP open, depends market condition.
Nice call. Did you get filled?
  • #39,459
  • Jan 25, 2012 10:18am Jan 25, 2012 10:18am
Quoting penycae
Nice call. Did you get filled?
I am in at 1.057, but at 1.0620, i'll get out with loss, because this means i have a mistake somewhere in my calculation.
Little luck is forex water. Learn all Trading strategies, then forget them.
  • #39,460
  • Jan 25, 2012 10:20am Jan 25, 2012 10:20am
Quoting Alki
I am in at 1.057, but at 1.0620, i'll get out with loss, because this means i have a mistake somewhere in my calculation.
Not necessarily a mistake. We deal with probabilities and it means this one didnt work out. You cant compute every market turn

Olu
If you think you can or cannot do it you are correct
35 traders viewing now