AUD/USD | Page 2247 | 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

  • #44,921
  • May 18, 2012 1:22am May 18, 2012 1:22am
Quoting RhemyD
The London session will beat the USD down before locking in profits for the weekend?
ha would be nice...sydney got owned, japan bout to go to sleep, wonder what the rest going to do, 50/50?
  • #44,922
  • May 18, 2012 1:25am May 18, 2012 1:25am
Don't try to catch a falling knife

Wait for a clear break of the downtrend before going long
  • #44,923
  • May 18, 2012 1:28am May 18, 2012 1:28am
Quoting jayjb
Don't try to catch a falling knife

Wait for a clear break of the downtrend before going long
I'm just wondering if I should go another fib retracement like the 48 I did two hours ago.... Bugger the long. Traders make money on change irrespective of direction.
  • #44,924
  • May 18, 2012 1:31am May 18, 2012 1:31am
London open is the Tide change, if there is going to be one, most of the time. The problem with 4 hour candle is that you can have 4 different brokers with different closes.Same with Daily.
FF journal: Peaks and Troffs
  • #44,925
  • May 18, 2012 1:38am May 18, 2012 1:38am
seems to be gathering pace.Aussie can go on freefall from here so beware your longs.No point in Shorting eirther at these levels.
In this kind of scenario watch out for Big news event whereby markets close sharply higher from starting in Red and Big Bullish outside bar before thinking about longs.last time it was news of europe bank recapitalisation plans which took aussie from 9388 to 10750
will watch S&P 1285 support if it holds.we are at 1304 right now.thinking to setup longs in .9-.94 area when we get there.
no real catalayst in market and plenty of bad news before FOMC meetings on 20th june.we have greek election on 17th june so will wait until then
  • #44,926
  • May 18, 2012 1:39am May 18, 2012 1:39am
I see next support at .9664
FF journal: Peaks and Troffs
  • #44,927
  • May 18, 2012 1:41am May 18, 2012 1:41am
Quoting ForeXraider
No point in Shorting eirther at these levels.
whys that? Is a win of 25-50pips still not a win? Or are we better waiting for the big market moves?
  • #44,928
  • May 18, 2012 1:42am May 18, 2012 1:42am
Quoting bogus
I see next support at .9664
Agreed. Based on previous level around (from memory) Dec?
  • #44,929
  • May 18, 2012 1:50am May 18, 2012 1:50am
Quoting ForeXraider
so will wait until then

yeah im just practicing, im actually wanting it to go down while i train some more, an then wait for the aud bull to get up an make a killing

0.98069 is my lucky number 3 100pip under would so be dead right now if i had my emotions, heading out an will check my disaster trade in the morn

GL ''bulls'' if ther any out there
  • #44,930
  • May 18, 2012 1:50am May 18, 2012 1:50am
Quoting RhemyD
Agreed. Based on previous level around (from memory) Dec?
Yep. Don't think it will go straight down, but thats the next level of interest South to me. I'm about to close out of E/U and E/J shorts now. I'm out of A/U already.I've finished for the week. Don't follow me.Steinlager O'Clock.
FF journal: Peaks and Troffs
  • #44,931
  • May 18, 2012 1:53am May 18, 2012 1:53am
Quoting jayjb
Don't try to catch a falling knife

Wait for a clear break of the downtrend before going long
yup i agree with u mate..
  • #44,932
  • May 18, 2012 2:00am May 18, 2012 2:00am
Quoting Noobicle
yeah im just practicing, im actually wanting it to go down while i train some more, an then wait for the aud bull to get up an make a killing

0.98069 is my lucky number 3 100pip under would so be dead right now if i had my emotions, heading out an will check my disaster trade in the morn

GL ''bulls'' if ther any out there

i would say 90-95 area would be attractive for institutional buyers to set up new carry trades whereby they can earn swaps while borrowing cheap from Fed
  • #44,933
  • May 18, 2012 2:38am May 18, 2012 2:38am
Quoting jayjb
Don't try to catch a falling knife

Wait for a clear break of the downtrend before going long
Check the 15M. Bulls where are you!
  • #44,934
  • May 18, 2012 3:49am May 18, 2012 3:49am
Frankly speaking, 0.9796 is a very good price for carry trades.
  • #44,935
  • May 18, 2012 3:52am May 18, 2012 3:52am
Whats going on? I've been out of trading for a few days
New voice message: Why are you calling me? If I need you, I'll call you!
  • #44,936
  • May 18, 2012 4:00am May 18, 2012 4:00am
Long @ 0.9835(2).

What's the general consensus on holding a trade over the weekend?
  • #44,937
  • May 18, 2012 4:08am May 18, 2012 4:08am
Quoting RhemyD
Long @ 0.9835(2).

What's the general consensus on holding a trade over the weekend?
Hard to say, depends how big your trade is and what you are expecting.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #44,938
  • May 18, 2012 4:08am May 18, 2012 4:08am
Quoting RhemyD
Long @ 0.9835(2).

What's the general consensus on holding a trade over the weekend?
Depends on your trading platform, some may be risky to trade over the weekend and some allows stoploss to be in place. However. it may be the start of the reversal of trend, who knows.
  • #44,939
  • May 18, 2012 4:09am May 18, 2012 4:09am
Quoting KillerWhale
Hard to say, depends how big your trade is and what you are expecting.
I've had big successes and big disappointments in the last 7 years so I'm quite careful about holdings trades over the weekend.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #44,940
  • May 18, 2012 4:09am May 18, 2012 4:09am
Quoting KillerWhale
I've had big successes and big disappointments in the last 7 years so I'm quite careful about holdings trades over the weekend.
But I'm not saying I don't do it.
New voice message: Why are you calling me? If I need you, I'll call you!
29 traders viewing now