AUD/USD | Page 2233 | 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

  • #44,641
  • May 14, 2012 8:24am May 14, 2012 8:24am
Quoting GTRudeBoy84
I think we are going to clear that area.
I think so too, stocks are rising from their lows.
  • #44,642
  • Edited 8:45am May 14, 2012 8:24am | Edited 8:45am
Could be a nice little rally underway, but I would rather short the USDCAD than try to fight this trend. Just going to patiently wait for the next shorting opportunity.
  • #44,643
  • May 14, 2012 8:34am May 14, 2012 8:34am
Quoting Hookem28
Could be a nice little rally underway, but I would rather short the Loonie than try to fight this trend. Just going to patiently wait for the next shorting opportunity.
Yeah, there's absolutely no confirmation to start building longs here.
  • #44,644
  • May 14, 2012 8:39am May 14, 2012 8:39am
Quoting fosking
Yeah, there's absolutely no confirmation to start building longs here.
yeap.. we just touched fib 62 from early europe open until the lowest swing.. as long as we stay under parity, we will see further downside
  • #44,645
  • May 14, 2012 8:50am May 14, 2012 8:50am
Quoting fosking
Got to wait for the purple area to be broken and tested.

M30
Attachment
what do u mean by this attacment ? is AUD will down again @ going up-up and away..?
  • #44,646
  • May 14, 2012 8:53am May 14, 2012 8:53am
long
Attached Image (click to enlarge)
Click to Enlarge Name: 1.png Size: 24 KB
{Promotion Removed}
  • #44,647
  • May 14, 2012 9:09am May 14, 2012 9:09am
Quoting yuNn
what do u mean by this attacment ? is AUD will down again @ going up-up and away..?
Here is a simpler chart.
The purple line has acted as both support and resistance multiple times so we know it's a strong area. The level has to be broken and tested before any longs (entry on the retest of support which has happened and stop below the last swing low).
I won't be entering long as there is too much resistance and various levels need to be broken before a long term trend starts.

M30
Attached Image (click to enlarge)
Click to Enlarge Name: au02.png Size: 61 KB
  • #44,648
  • May 14, 2012 9:10am May 14, 2012 9:10am
Quoting KlSaso
long
look like aud will UP to the sky on 1.0120
from now. what is ur % for it ?
  • #44,649
  • May 14, 2012 9:29am May 14, 2012 9:29am
Quoting fosking
It will bounce when you can't take any more pain and exit your longs.

Then it won't never bounce. See you at hell.
Use me as a contrarian indicator
  • #44,650
  • May 14, 2012 9:37am May 14, 2012 9:37am
Quoting mrbandwidth
Then it won't never bounce. See you at hell.
  • #44,651
  • May 14, 2012 10:16am May 14, 2012 10:16am
Keep an eye on equities.
  • #44,652
  • May 14, 2012 12:01pm May 14, 2012 12:01pm
we had another 3rd weak bull
Attached Image
  • #44,653
  • May 14, 2012 12:13pm May 14, 2012 12:13pm
Quoting fosking
Got to wait for the purple area to be broken and tested.

M30
Attachment
Failing so far. Resistance up to 1.0020.

M30
Attached Image (click to enlarge)
Click to Enlarge Name: au3.png Size: 62 KB
  • #44,654
  • May 14, 2012 12:40pm May 14, 2012 12:40pm
Remember the 15 min trend line I drew for you guys yesterday ... ?
well here it still is
Attached Image (click to enlarge)
Click to Enlarge Name: trend line AUD.jpg Size: 170 KB
  • #44,655
  • May 14, 2012 12:45pm May 14, 2012 12:45pm
By the way ...

Do you ever get the feeling that China is just f...king with us to drop the dollar so they can buy a shitload of raw materials cheap ?

Low numbers makes sence the orders are down BANG big orders come through .. they save 10% .. AUD spikes (but who cares cause they have bought and paid for heir materials)

Just a though .. I would do it if I had complete controll of a country that powerful
  • #44,656
  • May 14, 2012 12:56pm May 14, 2012 12:56pm
Quoting MitchL
By the way ...

Do you ever get the feeling that China is just f...king with us to drop the dollar so they can buy a shitload of raw materials cheap ?

Low numbers makes sence the orders are down BANG big orders come through .. they save 10% .. AUD spikes (but who cares cause they have bought and paid for heir materials)

Just a though .. I would do it if I had complete controll of a country that powerful
Sorry... haha
Attached Image
  • #44,657
  • May 14, 2012 12:57pm May 14, 2012 12:57pm
Quoting fosking
Sorry... haha
Attachment

lol

but if you can just confirm their numbers for me
  • #44,658
  • May 14, 2012 1:13pm May 14, 2012 1:13pm
be aware 9.30 est time Monetary Policy Meeting Minutes and New Motor Vehicle Sales (MoM) that can affect on AUD
  • #44,659
  • May 14, 2012 1:54pm May 14, 2012 1:54pm
Going long on this pair right now is the same as burning your money.
  • #44,660
  • May 14, 2012 2:14pm May 14, 2012 2:14pm
Quoting arrrrgon
Going long on this pair right now is the same as burning your money.
Haha, that's for sure (speaking from experience). Any long-time equities traders familiar with this "Sell in May & Go Away" phenomena? More specifically, does it actually last the whole month?

I can see more downside tonight when the minutes come out. The only reprieve I see for bulls is if it hints that the RBA will take a wait & see approach since the past rate cut.
21 traders viewing now