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AUD/USD

  • #42,361
  • Mar 28, 2012 10:23am Mar 28, 2012 10:23am
i think audusd will continue to go down
may be to 1.0200
  • #42,362
  • Mar 28, 2012 10:42am Mar 28, 2012 10:42am
Kinda new here(and new to forex). If this gets above the 200ma, I think we see a bounce higher. But right now its hard to say where this is going in the next few days.
  • #42,363
  • Mar 28, 2012 10:56am Mar 28, 2012 10:56am
After 1.03500 is hit, i'm looking at 1.03350 maybe.
  • #42,364
  • Mar 28, 2012 10:56am Mar 28, 2012 10:56am
The shorts are really putting in work on this. 1.300 may hit today. That maybe a good entry.
  • #42,365
  • Mar 28, 2012 11:15am Mar 28, 2012 11:15am
Quoting rustyram
We all had AUD daily wave 1 at 1.0380, and we said price should not enter that area, it AUD had to rally to 1.1.

Is Daily wave 1 ended at 1.0330 ?, if that is the case then price did not enter Wave 1 and we finally finished wave 4, so all that is left is to reach wave 5 target which lies anywhere from 1.0990 - 1.1120.

If AUD is still in uptrend, this is the last place for bullis to show up just above 1.0330 area, and they rallied 150+ pips from the lows...

Also when AUD was impressively falling from 1.07/06 area to make it to look like...

AUD long at 1.0340
STOP 1.0325 ( 1.0330 is no no zone for bulls)
EXIT - 1.0740

Thanks to Mr Bandwidth, i waited for AUD to retest lows.

Also, friday is monthly close, if AUD is still bull, monthly candle close is very im portant, i am guessing it should close at 1.0750 level.

Good luck guys...
PPP - Patience Pays PIPS
  • #42,366
  • Mar 28, 2012 11:22am Mar 28, 2012 11:22am
EU set to boost aid ceiling to EUR 940bnln for year according to a...

The excuse of today...
Use me as a contrarian indicator
  • #42,367
  • Mar 28, 2012 11:23am Mar 28, 2012 11:23am
.98 neext lol
  • #42,368
  • Mar 28, 2012 11:24am Mar 28, 2012 11:24am
Quoting rustyram
AUD long at 1.0340
STOP 1.0325 ( 1.0330 is no no zone for bulls)
EXIT - 1.0740

Thanks to Mr Bandwidth, i waited for AUD to retest lows.

Also, friday is monthly close, if AUD is still bull, monthly candle close is very im portant, i am guessing it should close at 1.0750 level.

Good luck guys...
You are saying it will go up 400 plus pips in a few days, that's crazy.
  • #42,369
  • Mar 28, 2012 11:28am Mar 28, 2012 11:28am
Quoting rustyram
AUD long at 1.0340
STOP 1.0325 ( 1.0330 is no no zone for bulls)
EXIT - 1.0740

Thanks to Mr Bandwidth, i waited for AUD to retest lows.

Also, friday is monthly close, if AUD is still bull, monthly candle close is very im portant, i am guessing it should close at 1.0750 level.

Good luck guys...
Glad to be helpful!
Use me as a contrarian indicator
  • #42,370
  • Mar 28, 2012 11:35am Mar 28, 2012 11:35am
Quoting rustyram
AUD long at 1.0340
STOP 1.0325 ( 1.0330 is no no zone for bulls)
EXIT - 1.0740

Thanks to Mr Bandwidth, i waited for AUD to retest lows.

Also, friday is monthly close, if AUD is still bull, monthly candle close is very im portant, i am guessing it should close at 1.0750 level.

Good luck guys...
your being very optimistic i want aud to get stronger aswell,but if you see theres no more news this week for aud,so unless euro or dollar gonna shake somehing out we might see some jump.
  • #42,371
  • Mar 28, 2012 12:12pm Mar 28, 2012 12:12pm
Anyone seeing a short term bottom?
  • #42,372
  • Mar 28, 2012 12:19pm Mar 28, 2012 12:19pm
Quoting GTRudeBoy84
Anyone seeing a short term bottom?
I see a possible bounce to 430. Beyond that is uncertain.
Use me as a contrarian indicator
  • #42,373
  • Mar 28, 2012 12:28pm Mar 28, 2012 12:28pm
Quoting GTRudeBoy84
Anyone seeing a short term bottom?
Ye, have long opened from 1.0362
  • #42,374
  • Mar 28, 2012 12:29pm Mar 28, 2012 12:29pm
Quoting mrbandwidth
I see a possible bounce to 430. Beyond that is uncertain.
I'm seeing the samething. But it all depends on where this close.
  • #42,375
  • Mar 28, 2012 12:32pm Mar 28, 2012 12:32pm
Quoting Shalaka
Ye, have long opened from 1.0362
You have a target and time frame?
  • #42,376
  • Mar 28, 2012 12:43pm Mar 28, 2012 12:43pm
most people favor buy now, no major news or data. Buying for swaps, 1hr and 4hr showing reversal from downtrend, short term. Could be bullish back to 1.0450 zone. But let's see tomorrow how nzd's release going to affect prices again.
  • #42,377
  • Mar 28, 2012 12:57pm Mar 28, 2012 12:57pm
Quoting GTRudeBoy84
You have a target and time frame?
Nope, leaving TP open, but looking for retrace to 440 atleast.
If it goes higher it might retest downtrend line somewhere around 490, then 550 and 620.
Time will tell.
  • #42,378
  • Mar 28, 2012 2:33pm Mar 28, 2012 2:33pm
The worsed long ofcourse retailers are the most long on the best short right now hahahaha funny characters love to donate!
  • #42,379
  • Mar 28, 2012 2:37pm Mar 28, 2012 2:37pm
Long for me
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  • #42,380
  • Mar 28, 2012 4:55pm Mar 28, 2012 4:55pm
Stuff u aud, loss of 5 pips and i missed the 350 entry like my chart i showed yesturday went to!. The asia session usually gives the aud confidence (hardly) then the euro an usa session usually hammers it back down. Well thats been the current theme these past couple of weeks. Went long again (gulp) at 382, have a litle quickie an make my pips back. Looking to short between 430-480 somewhere, lets see what happens. The recent 200pip short an failure to break the low makes me wonder. Lets see what happens today.

Happy trading
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