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AUD/USD

  • #46,941
  • Jun 12, 2012 9:13am Jun 12, 2012 9:13am
Quoting DaddyBear
It depends on how long they want to stay in the elevator.
What evalator??
  • #46,942
  • Jun 12, 2012 9:15am Jun 12, 2012 9:15am
Quoting DaddyBear
It depends on how long they want to stay in the elevator.

DB why are you more comfortable with shorting this? Because of the bigger trend and the. Europe crisis? I'm more comfortable longing it. I guess my long term prospect confuses my short term trades
  • #46,943
  • Jun 12, 2012 9:16am Jun 12, 2012 9:16am
Quoting Daytrader74
What evalator??
Ask arcticpolar.
daddybearforex. com
  • #46,944
  • Jun 12, 2012 9:18am Jun 12, 2012 9:18am
This is why I'm longing this baby
Attached Image (click to enlarge)
Click to Enlarge Name: aud.gif Size: 24 KB
  • #46,945
  • Jun 12, 2012 9:20am Jun 12, 2012 9:20am
Quoting arcticpolar
DB why are you more comfortable with shorting this? Because of the bigger trend and the. Europe crisis? I'm more comfortable longing it. I guess my long term prospect confuses my short term trades
Wherever Aussie goes, I will follow her as close as possible. When you drive, you eye the road ahead but your hands are on the wheel.
daddybearforex. com
  • #46,946
  • Jun 12, 2012 9:21am Jun 12, 2012 9:21am
Quoting Daytrader74
This is why I'm longing this baby
Man, you missed the elevator.
daddybearforex. com
  • #46,947
  • Jun 12, 2012 9:22am Jun 12, 2012 9:22am
Quoting Daytrader74
This is why I'm longing this baby
Damn gold.... Shit Aussie likes gold! Is that the hour or minutes haha
  • #46,948
  • Jun 12, 2012 9:23am Jun 12, 2012 9:23am
Quoting DaddyBear
Man, you missed the elevator.
I don't care about elevators, I trade forex not elevators, and it doesn't matter, there's always plenty of opportunities every day.

So far I'm up +20.61% and 161.30 pipies for the day.
  • #46,949
  • Jun 12, 2012 9:23am Jun 12, 2012 9:23am
1600 level if it clearly breaks it with 200+ I'm in with you
  • #46,950
  • Jun 12, 2012 9:36am Jun 12, 2012 9:36am
Quoting Daytrader74
I don't care about elevators, I trade forex not elevators, and it doesn't matter, there's always plenty of opportunities every day.

So far I'm up +20.61% and 161.30 pipies for the day.

Really from 4 bucks? No one explained to me how does SSI work and why going contrary works. =(. DXY is going up, gold, fluctuating... Checking if stocks are up or down
  • #46,951
  • Jun 12, 2012 10:16am Jun 12, 2012 10:16am
Seems like someone is intervening....
  • #46,952
  • Jun 12, 2012 10:20am Jun 12, 2012 10:20am
Quoting arcticpolar
Seems like someone is intervening....
i think the dollar is meeting a point of resistance and is weakening, still have 40 minutes on this candle though
Attached Image (click to enlarge)
Click to Enlarge Name: dxy.gif Size: 22 KB
  • #46,953
  • Jun 12, 2012 10:25am Jun 12, 2012 10:25am
Quoting neuron
i think the dollar is meeting a point of resistance and is weakening, still have 40 minutes on this candle though
So it possibly might reach 1.000 then... Or just sideways.. Scalping should be best now.
  • #46,954
  • Jun 12, 2012 10:26am Jun 12, 2012 10:26am
Depending where it goes now this could turn into a head and shoulders on the M5, M15 too but not as visible
  • #46,955
  • Jun 12, 2012 10:52am Jun 12, 2012 10:52am
Quoting HotBiscuits
Depending where it goes now this could turn into a head and shoulders on the M5, M15 too but not as visible
look at H1 and H4
  • #46,956
  • Jun 12, 2012 11:37am Jun 12, 2012 11:37am
Quoting neuron
look at H1 and H4
I must say the chart looks rather aesthetic.
  • #46,957
  • Jun 12, 2012 2:13pm Jun 12, 2012 2:13pm
I took 2 longs on AUD/USD, the first one hit my stop loss but the second one is still running

Attached Image (click to enlarge)
Click to Enlarge Name: aud_june_12.jpg Size: 132 KB


--
Wikivu -- Who knows what the tide could bring ?
  • #46,958
  • Edited 3:24pm Jun 12, 2012 2:56pm | Edited 3:24pm
Quoting mrbandwidth
My (stupid) guess:

1. up to 9950
2. SHORT

mumble, rumble...

EDIT: hmmmmmmmmmm, I have a bad feeling about this... Aside.
Use me as a contrarian indicator
  • #46,959
  • Jun 12, 2012 3:24pm Jun 12, 2012 3:24pm
Charts or no Charts. The Aussie is undervalued compared to the dollar. Any selloffs on short term rallies are exactly that. Short term sell-offs. The longer term trend is up. If you are losing money on this trade by shorting it I recommend taking a step back out of the vacuum.

I went long @ .9700 and still am long.

The fact that people are buying into the stupidity of safety at the cost of yield just baffles me at these levels.

Fear can kill a man.
  • #46,960
  • Jun 12, 2012 5:14pm Jun 12, 2012 5:14pm
Quoting arcticpolar
Really from 4 bucks? No one explained to me how does SSI work and why going contrary works. =(. DXY is going up, gold, fluctuating... Checking if stocks are up or down
What you cant believe it?
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