AUD/USD | Page 2361 | 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

  • #47,201
  • Jun 14, 2012 8:41pm Jun 14, 2012 8:41pm
Quoting rafiqhidayat
I'm betting that the outcome of the elections are as follows:

1. SYRIZA finishes first AND / OR
2. Results are inconclusive

We will open on Monday with a big gap down due to the UNCERTAINTY.

Will put a stop loss on my short positions (I have AAAFx as my broker - and the agreement is that they will honour all Stop losses (even in market opens much higher than the stop loss).

If my intuition is right, I will be rolling in Green next Monday, if I'm wrong, I will have cut short my losses.

We'll see. Not going to add any additional trades today....
Your rationale makes sense to me.

CBs will not act until they see the markets are free falling.
Even they take actions, markets may not be convinced.
During such an uncertainty, USD usually moves up against other currencies. IMHO.
daddybearforex. com
  • #47,202
  • Jun 14, 2012 8:44pm Jun 14, 2012 8:44pm
Quoting Kasqade
As long as there isn't a 150 pip correction I'm still in play.
What correction are you talking about? We have witnessed the correction since June 1.
daddybearforex. com
  • #47,203
  • Jun 14, 2012 8:52pm Jun 14, 2012 8:52pm
Quoting DaddyBear
Your rationale makes sense to me.

CBs will not act until they see the markets are free falling.
Even they take actions, markets may not be convinced.
During such an uncertainty, USD usually moves up against other currencies. IMHO.
Thanks.

I'm betting on the UNCERTAINTY. As you pointed out, USD becomes stronger in UNCERTAINTY.

After all the actions have been taken, then only Market will figure out what's left.
Buy! Buy! Sell! Sell! Just make sure you have proper MM!
  • #47,204
  • Jun 14, 2012 9:01pm Jun 14, 2012 9:01pm
We just broke out of a major triangle formation. The retracement to retest the breakout point is textbook style for another leg higher.
  • #47,205
  • Jun 14, 2012 9:07pm Jun 14, 2012 9:07pm
Quoting DaddyBear
What correction are you talking about? We have witnessed the correction since June 1.
A correction from Parity. Im long since June 1st.
  • #47,206
  • Jun 14, 2012 9:11pm Jun 14, 2012 9:11pm
I know this is not the right thread.

Did any one on this trade Aud/Jpy.

Hope my targets will hit.

KC.
Attached Image (click to enlarge)
Click to Enlarge Name: $AUDJPY (30 Min) 6_14_2012.jpg Size: 123 KB
  • #47,207
  • Jun 14, 2012 9:17pm Jun 14, 2012 9:17pm
Quoting DaddyBear
Your rationale makes sense to me.

CBs will not act until they see the markets are free falling.
Even they take actions, markets may not be convinced.
During such an uncertainty, USD usually moves up against other currencies. IMHO.

Just curious. What's free falling to you? Are you relying on CBS to tell you that?

Even if they do take action and markets are not convinced as you say....Why would you choose USD over Gold? (despite the USD is at historic highs?)

So you would buy dollars after CBS puts out that the markets are free falling?
  • #47,208
  • Jun 14, 2012 9:19pm Jun 14, 2012 9:19pm
~ we have 2 weeks with big gap up for AUD, why next week should be down?

~ price action is not telling market follow commodity price, but speculate on CB stimulus

~ Greece election will make high volatile market... yes, but the direction is unclear

~ Even Tsipras win the election, He and Greece not ready to quit Euro, not yet...

~ with current uncertain, why the price is go up? i assume there is something
we don't know.
  • #47,209
  • Jun 14, 2012 9:27pm Jun 14, 2012 9:27pm
Quoting Intrepid32
We just broke out of a major triangle formation. The retracement to retest the breakout point is textbook style for another leg higher.
yeap.. parity is now a good support, next challenge will be frankie and london, train man might let it come down and let stragglers hop on and then we could have 1.0240 in sight next week
  • #47,210
  • Jun 14, 2012 9:32pm Jun 14, 2012 9:32pm
I don't know what kind of chart voodoo most guys are playing but my argument about AUD going up (as a relative value play) is on fundamentals.

If we want to throw in Gold in the pot of assets to be somewhat considered as a currency we can do that too. It might not yield an interest rate, but its still at historic lows and from a Yield/Liquidity standpoint its a hell of a lot better than the dollar.

So for those on these "shorts" making 2 cents on 2 weeks who don't understand markets...I would agree..YOUR party is over.
  • #47,211
  • Jun 14, 2012 9:47pm Jun 14, 2012 9:47pm
Quoting Kasqade
Just curious. What's free falling to you? Are you relying on CBS to tell you that?

Even if they do take action and markets are not convinced as you say....Why would you choose USD over Gold? (despite the USD is at historic highs?)

So you would buy dollars after CBS puts out that the markets are free falling?
Despite the USD is at historic highs? Were you born last year?
daddybearforex. com
  • #47,212
  • Jun 14, 2012 9:52pm Jun 14, 2012 9:52pm
Quoting DaddyBear
Despite the USD is at historic highs? Were you born last year?
Attached Image (click to enlarge)
Click to Enlarge Name: dxy.jpg Size: 75 KB
  • #47,213
  • Jun 14, 2012 9:56pm Jun 14, 2012 9:56pm
I forgot..."historic" is just as objective as "free-falling" right?

Doesn't matter.. no one wins them all anyways. I'm just happy that I was right on the AUD/USD from .9700 when I said it was going to pick up. Money where my mouth is and taking it to the bank when all said and done. Lets see you do that with the USD.
  • #47,214
  • Jun 14, 2012 10:25pm Jun 14, 2012 10:25pm
Quoting Kasqade
I forgot..."historic" is just as objective as "free-falling" right?

Doesn't matter.. no one wins them all anyways. I'm just happy that I was right on the AUD/USD from .9700 when I said it was going to pick up. Money where my mouth is and taking it to the bank when all said and done. Lets see you do that with the USD.
Nice, but the debt crisis is far from over and its only a matter of time before risk currencies go backwards again due to the insane demand for treasuries. The aussie may still have some upside atm but take partial profits along the way.
  • #47,215
  • Jun 14, 2012 10:32pm Jun 14, 2012 10:32pm
Quoting Kasqade
I forgot..."historic" is just as objective as "free-falling" right?

Doesn't matter.. no one wins them all anyways. I'm just happy that I was right on the AUD/USD from .9700 when I said it was going to pick up. Money where my mouth is and taking it to the bank when all said and done. Lets see you do that with the USD.
is this your 1st winning trade? u seem to be really excited about it :-)

where is your target if you dont mind?
  • #47,216
  • Jun 14, 2012 11:00pm Jun 14, 2012 11:00pm
One of my Fib targets is the 1.01 level using the 2008 low to the 2011 high. I've lost more trades than won before (due to my impatient character; lost by closing them out too soon) but certainly my biggest one 20k trade so far.

Oh...and this one definitely covers my losing trades by a wide margin :-)
  • #47,217
  • Jun 14, 2012 11:04pm Jun 14, 2012 11:04pm
Quoting KCV
I know this is not the right thread.

Did any one on this trade Aud/Jpy.

Hope my targets will hit.

KC.
I think it should a buy between @79.12 and 79.02.
TP @ 80.02
  • #47,218
  • Jun 14, 2012 11:21pm Jun 14, 2012 11:21pm
I just realized something....

If a lot of people will be closing off their positions, both shorts and longs (weekend + Greek elections), how will that affect the market in the winding down hours of today's trade.
Buy! Buy! Sell! Sell! Just make sure you have proper MM!
  • #47,219
  • Jun 14, 2012 11:23pm Jun 14, 2012 11:23pm
Quoting pasta
here is what i see on h4.. kiwi is leading i think..
i'm still bullish..

same chart as yesterday..ascending-traingle
Attached Image (click to enlarge)
Click to Enlarge Name: June 15, 2012 12.11 PM.gif Size: 18 KB
  • #47,220
  • Jun 15, 2012 12:13am Jun 15, 2012 12:13am
Quoting Kasqade
One of my Fib targets is the 1.01 level using the 2008 low to the 2011 high. I've lost more trades than won before (due to my impatient character; lost by closing them out too soon) but certainly my biggest one 20k trade so far.

Oh...and this one definitely covers my losing trades by a wide margin :-)
nice u holding over the weekend?
26 traders viewing now