Attachments: AUD/USD

AUD/USD

#40,181
Feb 9, 2012 8:21am Feb 9, 2012 8:21am

eqshack
Joined Jul 2011 | Status: Lord Of War | 1,853 Posts

audusd and nzdusd moves are kinda similar and both are going way higher..today audusd 1.0950

then i short this bastard with 300 stoploss

Early to bed, early to rise, keeps you healthy, wealthy and wise.

#40,182
Feb 9, 2012 8:27am Feb 9, 2012 8:27am

aqeelaputra
| Joined Sep 2009 | Status: asli made in indonesia | 564 Posts

Quoting eqshack;

Disliked

audusd and nzdusd moves are kinda similar and both are going way higher..today audusd 1.0950 then i short this bastard with 300 stoploss

Ignored

#40,183
Feb 9, 2012 8:29am Feb 9, 2012 8:29am

pinkiaiii
| Joined Dec 2010 | Status: monkey keyboard warrior | 875 Posts

Quoting eqshack

Disliked

audusd and nzdusd moves are kinda similar and both are going way higher..today audusd 1.0950 then i short this bastard with 300 stoploss

Ignored

Smart,that is if it gets there,as i see a nosedive on nzd/usd.

#40,184
Feb 9, 2012 8:53am Feb 9, 2012 8:53am

dokterriza
| Joined Jun 2010 | Status: black cat | 96 Posts

Long @1.0785 until 1.12 hope it is possible

#40,185
Feb 9, 2012 10:34am Feb 9, 2012 10:34am

Big Gold
| Joined Dec 2011 | Status: Trader | 20 Posts

Quoting dokterriza

Disliked

Long @1.0785 until 1.12 hope it is possible

Ignored

I like your entry, dont know if we can make the 1.12, however 1.11 seems more appropriate. But if we do break through 1.11 then Im goin to ride it all the way up to 1.14, then get short.

#40,186
Feb 9, 2012 10:39am Feb 9, 2012 10:39am

rustyram
| Joined Sep 2010 | Status: Who said you can't pick the top | 300 Posts

Quoting greg811

Disliked

I see two possibilities at the time being, both bearish

Ignored

Good chart, when EUR made a higher high, AUD did not follow it.
So we are still in retracement mode.

Price could very retrace back to 1.0720 area. That is where support is for the current price.

It is painfull for me, i got stopped out, just by few pips on my first short.

I am short again at 1.0807, but this time SL is at BE.

Anyway i will look to get long at 1.0710 area or long at EUR 1.3200 - 1.3170 area.

Good luck everybody

PPP - Patience Pays PIPS

#40,187
Feb 9, 2012 10:50am Feb 9, 2012 10:50am

rustyram
| Joined Sep 2010 | Status: Who said you can't pick the top | 300 Posts

Quoting pinkiaiii

Disliked

i wouldnt buy now at least 1.05 is reached,as last few days just look as its being pushed to stay afloat.but its just me.

Ignored

Looks like in Daily charts, previous high was taken and now we made a new high, so we should see a pullback on daily charts to make a higher low, if that is the case, in daily charts the last support is at 1.0530.

In 4H we have to take out low's at 1.0710 and 1.0680, if those lows are taken out, then we could head lower.

These are the levels i am watching.

PPP - Patience Pays PIPS

#40,188
Feb 9, 2012 10:52am Feb 9, 2012 10:52am

rustyram
| Joined Sep 2010 | Status: Who said you can't pick the top | 300 Posts

Quoting rustyram

Disliked

Good chart, when EUR made a higher high, AUD did not follow it.
So we are still in retracement mode.

Price could very retrace back to 1.0720 area. That is where support is for the current price.

It is painfull for me, i got stopped out, just by few pips on my first short.

I am short again at 1.0807, but this time SL is at BE.

Anyway i will look to get long at 1.0710 area or long at EUR 1.3200 - 1.3170 area.

Good luck everybody

Ignored

I moved my SL to 1.0825, just to give some room for retest.

PPP - Patience Pays PIPS

#40,189
Feb 9, 2012 11:17am Feb 9, 2012 11:17am

pinkiaiii
| Joined Dec 2010 | Status: monkey keyboard warrior | 875 Posts

looks like there a a few news tonight and 2morrow from china and aud so well have a clearer image by the end of tomorrows day where this pair is heading,and as much i wished that this pair went down,it bugs me that it is still above 1.08 and area 1.09-1.0950 could still be hit before any weakness gonna occur.So first good sign for shorts would be a 4h close below 1.0770 or longs 4hr close above 1.0830 .

#40,190
Feb 9, 2012 11:24am Feb 9, 2012 11:24am

pinkiaiii
| Joined Dec 2010 | Status: monkey keyboard warrior | 875 Posts

crap chart but to make some idea.

Attached Image (click to enlarge)

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#40,191
Feb 9, 2012 11:47am Feb 9, 2012 11:47am

dokterriza
| Joined Jun 2010 | Status: black cat | 96 Posts

Quoting Big Gold

Disliked

I like your entry, dont know if we can make the 1.12, however 1.11 seems more appropriate. But if we do break through 1.11 then Im goin to ride it all the way up to 1.14, then get short.

Ignored

I hate dramas yet I have faith that Greece will get her deal done and just like before, this pair will flying higher with euro, any possibility is welcome

#40,192
Feb 9, 2012 12:20pm Feb 9, 2012 12:20pm

BergenGlobal
| Joined Dec 2011 | Status: The Trend Be-Yo' Friend | 127 Posts

Everyone talks about S&P being well correlated w/ the Aussie. On 2/8 when the Aussie hit ~1.0845, S&P also peaked around 1351. Today, the S&P is peaking around 1353, yet the Aussie is struggling to find direction around 1.08. Does this indicate that a resistance is forming and we could see a huge downside when the S&P inevitably falls at some point? What do y'all think?

S&P is the blue tracing in the attached 30M picture

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#40,193
Feb 9, 2012 12:31pm Feb 9, 2012 12:31pm

pinkiaiii
| Joined Dec 2010 | Status: monkey keyboard warrior | 875 Posts

Quoting dokterriza

Disliked

I hate dramas yet I have faith that Greece will get her deal done and just like before, this pair will flying higher with euro, any possibility is welcome

Ignored

what deal ? 130bilion euro to cover their debt for another 3 months ?its funnny how people come to conclusion that getting more debt and making more taxes=good outcome

#40,194
Feb 9, 2012 12:47pm Feb 9, 2012 12:47pm

dokterriza
| Joined Jun 2010 | Status: black cat | 96 Posts

Quoting pinkiaiii

Disliked

what deal ? 130bilion euro to cover their debt for another 3 months ?its funnny how people come to conclusion that getting more debt and making more taxes=good outcome

Ignored

that's why i said i hate drama, no matter the outcome it will not solved the problem immediately and will add more problem which is good reason to short euro at its top. it's like last october when euro traded from 1.38 to 1.42 and aussie traded from 1.04 to 1.07.they reach their top and after that aussie fell to below 0.98 gradually from the top.

hopefully aussie will form it's top after this before i sell it into 1.00. i see triple top formation and pick this level as pivot but caught off guard by RBA hold rate last tuesday