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AUD/USD

  • #44,601
  • May 13, 2012 10:22pm May 13, 2012 10:22pm
Quoting Iceage
It is not in downtrend on monthly chart,but my stop loss was taken at 1.0150,have to look for another chance.


yes my frien look really really hard on your next 1, a very nice lesson that would of been tho, not meaning it in a harsh way but i reckon u learn alot more from losing then wining, u can only become better, not worse. Think of it as a price u payed for some forex education (just hope u never payed thousands of dollars on that 1)

an as for this pair, it is just depressing, an bears best friend the euro will be opening soon, so danger for bulls, lets see what happens

GL all
  • #44,602
  • May 13, 2012 10:30pm May 13, 2012 10:30pm
Morning guys! Just realized my worries about the RRR cut was unfounded and I took profits too early

Anyone foreseeing a slight bull run during London?
  • #44,603
  • May 13, 2012 10:33pm May 13, 2012 10:33pm
Quoting Esssex
Morning guys! Just realized my worries about the RRR cut was unfounded and I took profits too early

Anyone foreseeing a slight bull run during London?
What is your definition of "slight"?

Seriously.
  • #44,604
  • May 13, 2012 10:33pm May 13, 2012 10:33pm
Quoting Cerber.bf2
The 'trend' can change any second. I am no clairvoyant, but I'm betting on a spike up. Resistance on DJ dollar plus the mess with JP Morgan chase might drag the dollar down, but we'll see.
True, i just abandoned the idea of pick tops and bottoms time ago, but indeed this can be a good bottom
  • #44,605
  • May 13, 2012 10:57pm May 13, 2012 10:57pm
sooo quite compared to last week.

literally dosing off... having micro sleeps every so often.

picking up some easy pips though by trading range at the moment.
  • #44,606
  • May 13, 2012 11:05pm May 13, 2012 11:05pm
Quoting tunera
but indeed this can be a good bottom
So can this.

http://media.accessvegas.com/graphic...irls-Butts.jpg
  • #44,607
  • May 13, 2012 11:07pm May 13, 2012 11:07pm
Quoting Snarkalarker
So can this.

http://media.accessvegas.com/graphic...irls-Butts.jpg
oh yes, buy buy buy!!! buy the bottom!
  • #44,608
  • May 13, 2012 11:17pm May 13, 2012 11:17pm
Quoting Snarkalarker
So can this.

http://media.accessvegas.com/graphic...irls-Butts.jpg
  • #44,609
  • May 13, 2012 11:19pm May 13, 2012 11:19pm
Quoting Noobicle


yes my frien look really really hard on your next 1, a very nice lesson that would of been tho, not meaning it in a harsh way but i reckon u learn alot more from losing then wining, u can only become better, not worse. Think of it as a price u payed for some forex education (just hope u never payed thousands of dollars on that 1)

an as for this pair, it is just depressing, an bears best friend the euro will be opening soon, so danger for bulls, lets see what happens

GL all
Thanks,Noobicle,
I lost about 20% in this trade.I was too optimistic and should have had a more tight stop loss.Need to be much more careful about it going forward.
Good Luck in your trade!
  • #44,610
  • May 13, 2012 11:29pm May 13, 2012 11:29pm
Quoting Iceage
Thanks,Noobicle,
I lost about 20% in this trade.I was too optimistic and should have had a more tight stop loss.Need to be much more careful about it going forward.
Good Luck in your trade!
yeah i was wandering where that came from but then i remembered u were 1 of them that longed near the top, so that would have been an ouchy... an yeah i think quite a few of us have payed (the charts) for our forex education even tho it wont be admited, but yes good luck to u too
  • #44,611
  • May 14, 2012 12:24am May 14, 2012 12:24am
Hit my stop while i was away +1, bastard.

Looking for another entry into a long. preferably 0.9950-60 if she gets down there tonight.

tp i would be looking at 1.0020
  • #44,612
  • May 14, 2012 12:31am May 14, 2012 12:31am
i've taken my profit now, the bottom was not soo perfect as the ones of the image ehh
  • #44,613
  • May 14, 2012 12:59am May 14, 2012 12:59am
haha touche. It definitely wasn't as firm as the ones in the picture that's for sure. Its pretty over sold at the moment on weekly, daily, 8 hour and 4 hour stochastic dont use it that much but i do glance at it occasionally. move much lower than (EDIT:0.9950) is pretty unlikely i think at the moment even with this bearish sentiment

wouldn't be surprised if the bulls took charge during New York and drives this up a tad.
  • #44,614
  • May 14, 2012 1:07am May 14, 2012 1:07am
Quoting pippaholic
haha touche. It definitely wasn't as firm as the ones in the picture that's for sure. Its pretty over sold at the moment on weekly, daily, 8 hour and 4 hour stochastic dont use it that much but i do glance at it occasionally. move much lower than 1.0050 is pretty unlikely i think at the moment even with this bearish sentiment

wouldn't be surprised if the bulls took charge during New York and drives this up a tad.
I think untill ukoil hit 110.5 and usdindex hit 10047, the audusd remain in sell-mode (recharged again my shorts), enjoy it don't fight it
  • #44,615
  • May 14, 2012 1:17am May 14, 2012 1:17am
Attached Image
  • #44,616
  • May 14, 2012 1:18am May 14, 2012 1:18am
i told you guys to stay short, don't be fooled, we are now 9970
  • #44,617
  • May 14, 2012 1:25am May 14, 2012 1:25am
i think 9950 is not the final bottom, 9880-50 - > 0.1 point from 1.0855 top (strong resistance) and also there is support at 9880-50
  • #44,618
  • May 14, 2012 1:27am May 14, 2012 1:27am
Quoting fosking
Attachment
How much you got there?
  • #44,619
  • May 14, 2012 1:29am May 14, 2012 1:29am
Am looking forward to 9891 as the real buttom for this pair, friday''s H4 close did not favour the bulls, however, lets c how the price will react.
Daily close below 0037 had comfirmed.
  • #44,620
  • May 14, 2012 1:30am May 14, 2012 1:30am
Quoting Daytrader74
How much you got there?
I don't know. Looks enough to buy us a beer so we're ok.
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