AUD/USD | Page 2403 | 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

  • #48,041
  • Jun 28, 2012 2:21pm Jun 28, 2012 2:21pm
Quoting DaddyBear
I know some people from Malaysia. To me, Malaysia may be the first nation to become a well developed country in Southeast Asia. She has great potential.

i hope you are joking
  • #48,042
  • Jun 28, 2012 2:23pm Jun 28, 2012 2:23pm
Quoting djambazov84
adding shorts here, if i get taken out, chances are we are going all the way up to reload on better shorts

good trader, taking out at or below parity is perfect.

i got out entirely because of summit only. otherwise will hold like you.


edit: but im long now, not short anymore, that added short was kind of risky
  • #48,043
  • Jun 28, 2012 2:35pm Jun 28, 2012 2:35pm
Quoting EdgarNg
i hope you are joking
No, I am not joking. A hub location in South China sea. A British system besides Singapore in the area. Controlling the Melaka strait. A not too small territory. Not so many islands like The Philippines or Indonesia. High percentage overseas Chinese. Which country has all of these in Southeast Asia? Have a nice dream!
daddybearforex. com
  • #48,044
  • Jun 28, 2012 2:37pm Jun 28, 2012 2:37pm
Quoting djambazov84
adding shorts here, if i get taken out, chances are we are going all the way up to reload on better shorts
djambazov, why did you go short? can you share your insight?
daddybearforex. com
  • #48,045
  • Jun 28, 2012 2:41pm Jun 28, 2012 2:41pm
Quoting DaddyBear
No, I am not joking. A hub location in South China sea. A British system besides Singapore in the area. Controlling the Melaka strait. A not too small territory. Not so many islands like The Philippines or Indonesia. High percentage overseas Chinese. Which country has all of these in Southeast Asia? Have a nice dream!

Correct.. but... BUT, consider this.

The current political leaders that are governing this country is making the country poorer each day, they are stealing nations money openly and no power can stop them. actually the small little peanut country below us , Singapore is advancing way faster than Malaysia by many times.

Its all due to leadership, unfortunately i must inform you that the current business environment in Malaysia is not well regulated, dirty and unfair. Government cheats on election openly even with all its evidence out in the internet, they jail people for speaking freely on the internet against the government.

So.. these are some dirty things that is stopping a rich natural resource country from being well developed ,i better not write too much as im using my real name here..

Good night .

EDIT: GOT MY SWAPS! love it, hah.
  • #48,046
  • Jun 28, 2012 2:45pm Jun 28, 2012 2:45pm
Quoting EdgarNg
Correct.. but... BUT, consider this.

The current political leaders that are governing this country is making the country poorer each day, they are stealing nations money openly and no power can stop them. actually the small little peanut country below us , Singapore is advancing way faster than Malaysia by many times.

Its all due to leadership, unfortunately i must inform you that the current business environment in Malaysia is not well regulated, dirty and unfair. Government cheats on election openly even with all its evidence out in the internet,...
Too bad! Hope you don't get trouble by sharing your view. Good night.
daddybearforex. com
  • #48,047
  • Jun 28, 2012 2:46pm Jun 28, 2012 2:46pm
Quoting DaddyBear
djambazov, why did you go short? can you share your insight?


sure, couple of reasons:

-snp late day rally was just a short covering sucker punch and got sold into on last 3-4 5 min candles on hi volume, indicating hidden sellers
-volatility (fear in equities) is bid all day in options = lower prices in risk instruments
-aud/usd - 1hour bearish harami candle with current working h1 candle breaking the low
-late day ozzi rally fizzled right around previous intraday support @ 1.004 on chart now possibly turning into resistance
-current 5 min candle picture looks like market maker sellers are distributing new shorts into weak buyers

BUT I CAN BE TOTALLY WRONG,

that is why i have stops in place to take me out for profit, and ill wait and i`ll stalk it like its a girl i`m dying to sleep with...

i can go on with reasons based on EW and monthly cycles upside-bottom approach but...who cares you know..., no one would listen to a 27 year old kid anyway, and everybody in this funny forum would keep making paper profits and calling stupid trades with no charts to display and not even the slightest of idea of why and how price gets to where its getting
Thank you Malcolm, Belekas, Jim, raczekfx and Ryanmcd !
  • #48,048
  • Jun 28, 2012 2:50pm Jun 28, 2012 2:50pm
Quoting djambazov84
sure, couple of reasons:

-snp late day rally was just a short covering sucker punch and got sold into on last 3-4 5 min candles on hi volume, indicating hidden sellers
-volatility (fear in equities) is bid all day in options = lower prices in risk instruments
-aud/usd - 1hour bearish harami candle with current working h1 candle breaking the low
-late day ozzi rally fizzled right around previous intraday support @ 1.004 on chart now possibly turning into resistance
-current 5 min candle picture looks like market maker sellers are distributing new...

um how about this

- Future hope of summit coming.
- Hitting the parity for a psychological take profit point and also near the closing of NY market.
- Parity may be a LOW. highly likely.
- Price will only come down again when enough sellers are being scared off, and this is not the time.

My conclusion? its 50/50 now! i got lucky that i was able to long and instantly Break even now lets see whos lucky! im protected though.

adding that short was risky, in my opinion.
  • #48,049
  • Jun 28, 2012 2:54pm Jun 28, 2012 2:54pm
in total agreement that selling here is risky, and that is the gambler in me trying to call a bluff at this price level, purely based on gut feeling

that is why the size of the new short and the stop-loss are adjusted for the possible risk involved, if correct, the trade will pay out huge, if wrong, i`ll just add higher and lose .015% versus a possible 13.5% gain


just numbers, suppositions and trying to play with the odds


i like your style though, thoughtful and logic with sound MM, keep being 101% mechanical about your approach
Thank you Malcolm, Belekas, Jim, raczekfx and Ryanmcd !
  • #48,050
  • Jun 28, 2012 2:58pm Jun 28, 2012 2:58pm
Quoting djambazov84
in total agreement that selling here is risky, and that is the gambler in me trying to call a bluff at this price level, purely based on gut feeling

that is why the size of the new short and the stop-loss are adjusted for the possible risk involved, if correct, the trade will pay out huge, if wrong, i`ll just add higher and lose .015% versus a possible 13.5% gain


just numbers, suppositions and trying to play with the odds


i like your style though, thoughtful and logic with sound MM, keep being 101% mechanical about your approach

let the gambler in you shine baby, thats what i do. although i sound like a complete mechanical bitch, but i am not.

ok really off to bed!
  • #48,051
  • Jun 28, 2012 3:10pm Jun 28, 2012 3:10pm
Quoting djambazov84
in total agreement that selling here is risky, and that is the gambler in me trying to call a bluff at this price level, purely based on gut feeling

that is why the size of the new short and the stop-loss are adjusted for the possible risk involved, if correct, the trade will pay out huge, if wrong, i`ll just add higher and lose .015% versus a possible 13.5% gain


just numbers, suppositions and trying to play with the odds


i like your style though, thoughtful and logic with sound MM, keep being 101% mechanical about your approach

I sent a PM to you. Please read it ASAP.
daddybearforex. com
  • #48,052
  • Jun 28, 2012 3:48pm Jun 28, 2012 3:48pm
Quoting DaddyBear
I sent a PM to you. Please read it ASAP.

this is all you need to know

be less stubborn and more fluid, unmarry your opinion

p.s. partial profits are taken stops @ b/e, what else than just call it a night
Attached Image (click to enlarge)
Click to Enlarge Name: aud_usd_h1_retracement_trade_3.jpg Size: 105 KB
Thank you Malcolm, Belekas, Jim, raczekfx and Ryanmcd !
  • #48,053
  • Edited 4:26pm Jun 28, 2012 4:11pm | Edited 4:26pm
i do not want your stupid vees db, the only reason i said that was because u got a vee for saying u have a childs mindset...an the other 1 was for drawing a stupid picture, an then watching how u work with charts was just hurting my eyes.....i expect people with them to be top-notch :-)

do my post really look like a guy whos trying to get alot of vees?
  • #48,054
  • Jun 28, 2012 4:16pm Jun 28, 2012 4:16pm
i dont know about this guy anymore...
Attached Image (click to enlarge)
Click to Enlarge Name: db.png Size: 32 KB
Thank you Malcolm, Belekas, Jim, raczekfx and Ryanmcd !
  • #48,055
  • Jun 28, 2012 4:28pm Jun 28, 2012 4:28pm
Quoting djambazov84
i dont know about this guy anymore...
We shall see.
daddybearforex. com
  • #48,056
  • Jun 28, 2012 4:45pm Jun 28, 2012 4:45pm
Quoting DaddyBear
We shall see.
if u can read this, all it is, is just your wording, when u say things like ''i know'' and ''i can read your mind'' an then are proven wrong, u dont accept it...when called out on it, u try defend it, what every normal person does, but if u think about it, u could have just prevented the whole thing from happening, if your wording was chosen correctly..
  • #48,057
  • Edited 6:46pm Jun 28, 2012 6:16pm | Edited 6:46pm
Quoting Silencer
if u can read this, all it is, is just your wording, when u say things like ''i know'' and ''i can read your mind'' an then are proven wrong, u dont accept it...when called out on it, u try defend it, what every normal person does, but if u think about it, u could have just prevented the whole thing from happening, if your wording was chosen correctly..
Silencer, thanks for your suggestion. I will look into it. In the meantime, please open your mind to understand people with different thinking. It will benefit you in some way. Don't keep your mind inside a box like the frog living in a well.
Attached Image
daddybearforex. com
  • #48,058
  • Jun 28, 2012 7:01pm Jun 28, 2012 7:01pm
Quoting DaddyBear
Silencer, thanks for your suggestion. I will look into it. In the meantime, please open your mind to understand people with different thinking. It will benefit you in some way. Don't keep your mind inside a box like the frog living in a well.
i will look into it..but i think u got me wrong an in the meantime, u should open your mind to possibilities instead of claims...it will be very bennificial ;-)
  • #48,059
  • Jun 28, 2012 7:07pm Jun 28, 2012 7:07pm
this is good indicator.
Attached Image
  • #48,060
  • Jun 28, 2012 7:07pm Jun 28, 2012 7:07pm
Quoting Silencer
i will look into it..but i think u got me wrong an in the meantime, u should open your mind to possibilities instead of claims...it will be very bennificial ;-)
Good point. Will study this area when I get a chance.
daddybearforex. com
71 traders viewing now