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AUD/USD

  • #44,841
  • May 17, 2012 12:37am May 17, 2012 12:37am
Quoting bogus
I've closed 2/3rds due to time of the day and it hasn't managed to break .9968
that daily is looking nice for us
  • #44,842
  • May 17, 2012 12:54am May 17, 2012 12:54am
Support plus 2 trend-lines plus "oversold"
Attached Image (click to enlarge)
Click to Enlarge Name: au 123.gif Size: 18 KB
FF journal: Peaks and Troffs
  • #44,843
  • May 17, 2012 12:56am May 17, 2012 12:56am
High hopes for E/A shorts....
FF journal: Peaks and Troffs
  • #44,844
  • May 17, 2012 1:50am May 17, 2012 1:50am
Will daily pivot be touched today.
Over thinking over analyzing separates the body from the mind.
  • #44,845
  • May 17, 2012 2:32am May 17, 2012 2:32am
Excellent Company - any stock you know nothing about on which you carry out a profitable deal.

Excellent Long Term Investment - Position Trading that went the wrong way right after you opened a position.

Expensive Stock - a stock the price of which will rise as soon as you decide not to open a long position.

Expert – a newbie who has not begun to trade yet.

Fossil - a rather aged dude, making less than 90 deals per day.

Freak – the one who can carry out three profitable deals in a row.

Friday – a weekly opportunity to give back everything you gained that week.

Fundamental Analysis - the process of checking if you can open a short position on a stock.

Gap Up - a stock that has a higher opening price than a closing one was the day before, and will go down if you buy it, but will continue to go up if you sell it.
  • #44,846
  • May 17, 2012 2:48am May 17, 2012 2:48am
morning all, barely any news day and europe on holiday means its a "watch paint dry" day...

here's my plan, long from 0.98 target parity...
  • #44,847
  • May 17, 2012 3:18am May 17, 2012 3:18am
Quoting bogus
High hopes for E/A shorts....
should have followed, still in barely @ +1....u still in?

seems tho bears pushed for a bearish 4h hammer an it sittn at her trend...but daily still givin me hope...if i get takn, probably will im staying up all night if i have to an search for another bottom! maybe
  • #44,848
  • May 17, 2012 3:43am May 17, 2012 3:43am
Genius - what you are in the eyes of an Apprentice if Lady Luck favours you 3 times in a row.

Halt (stock) – (an open position) impending really good news or really bad news, but anyway, the scariest thing possible to happen.

Highlight - selling into the rally while a dude on TV provides the complex reasons why the stock is special.

Home Run - every single deal you thoroughly consider, tell other traders about and then do not make yourself.

Huge Player - 1. A guy with over 15 thousand dollars left. 2. Any trader that has been in such a situation for more than three months.
  • #44,849
  • May 17, 2012 3:43am May 17, 2012 3:43am
daytrader sir what bias u have for aud/usd today?
  • #44,850
  • May 17, 2012 3:45am May 17, 2012 3:45am
Quoting Noobicle
daytrader sir what bias u have for aud/usd today?
Sell @9955
  • #44,851
  • May 17, 2012 3:56am May 17, 2012 3:56am
Quoting Noobicle
should have followed, still in barely @ +1....u still in?

seems tho bears pushed for a bearish 4h hammer an it sittn at her trend...but daily still givin me hope...if i get takn, probably will im staying up all night if i have to an search for another bottom! maybe
out of e/u for +1, still a 1/3 alive in A/U. E/A 10 pip stop.
FF journal: Peaks and Troffs
  • #44,852
  • May 17, 2012 5:24am May 17, 2012 5:24am
4 HR has strong support around 0.9896 area based on candle closes. Early session I was BULL and to a degree still am. A 4 HR close below .9896 will change that for me. Then I will be looking at 0.9797 area as a possible SHORT target. Currently underwater with my LONG entered at 0.9930. SL at .9896. TP pairity. We shall see but NOT looking to promising ATM.
Show me the PIPS!
  • #44,853
  • May 17, 2012 5:35am May 17, 2012 5:35am
my bull got killed, might stay up for an hour an bit for 4h close, if its a fat bear candle im deffinintly going to sleep.
  • #44,854
  • May 17, 2012 6:06am May 17, 2012 6:06am
Moving Average - a curly line that has nothing to do with the price movement if you have an open position.

Pain - exiting at loss, reversing your position on a stock and then watching it go the way you knew it would in the first place.

Position Trading - day trading that went the wrong way right after you took a position.

Pro - a guy at trading center who says nothing and keeps smiling all the time.

Scalping - losing only an eighth in one go.
  • #44,855
  • May 17, 2012 6:20am May 17, 2012 6:20am
Quoting Daytrader74
Moving Average - a curly line that has nothing to do with the price movement if you have an open position.

Pain - exiting at loss, reversing your position on a stock and then watching it go the way you knew it would in the first place.

Position Trading - day trading that went the wrong way right after you took a position.

Pro - a guy at trading center who says nothing and keeps smiling all the time.

Scalping - losing only an eighth in one go.
what bout some greedy lessons ?
  • #44,856
  • May 17, 2012 6:25am May 17, 2012 6:25am
Quoting Noobicle
what bout some greedy lessons ?
How do you mean?
  • #44,857
  • May 17, 2012 6:27am May 17, 2012 6:27am
Anyone have any thoughts on the next news from USA, at 7:30?
My take on the AUD / USA pair....
If its good news the USD goes up....
If its bad news , risk-off takes over, and the USD goes up....
Looks like there is only 1 sure bet!
  • #44,858
  • May 17, 2012 6:28am May 17, 2012 6:28am
Quoting Daytrader74
How do you mean?
i dunno....whats best advice you can give to greedy traders? set a tp probably?
  • #44,859
  • Edited 6:58am May 17, 2012 6:34am | Edited 6:58am
long
  • #44,860
  • May 17, 2012 7:00am May 17, 2012 7:00am
Quoting Noobicle
long
Still short
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