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AUD/USD

  • #48,141
  • Jun 29, 2012 6:48am Jun 29, 2012 6:48am
Quoting Itrade24h
I think AUDUSD MUST go down at least 40-50 pips before continue going up
why it must?
  • #48,142
  • Jun 29, 2012 6:49am Jun 29, 2012 6:49am
Quoting redbox
why it must?
becouse in normal conditions a pair dont go 200-300 pips up or down in 24 hours
  • #48,143
  • Jun 29, 2012 6:51am Jun 29, 2012 6:51am
Quoting Brocklesnar
what is it going to be on monday long or short?? cuz i have both postion open ..if one goes in positive thn the other one is negative..
From my noob perspective it will be long, but who knows. Those clowns at the EU summit could change everything at a glance during the weekend

Quoting Itrade24h
i am waiting the retrace to enter long becouse is very possible it go up till 1.04
I'm with you on that my friend, going long at this point is too risky for me. I just don't have the courage to do so

Quoting redbox
why it must?
kaya dah mentok gitu bro diatas, kayanya musti retrace deh

Quoting Itrade24h
becouse in normal conditions a pair dont go 200-300 pips up or down in 24 hours
nothing is normal in forex my friend
have a look on what this pair did on the 27th of October 2011
  • #48,144
  • Jun 29, 2012 7:07am Jun 29, 2012 7:07am
Quoting bogus
Who cares why it went up?? Technically it was a classic 1-2-3 reversal after testing parity. Luckily I saw it move and hit my buy stop, and saw a/j moved a bit slower so was able to snag that too.
I'm not that great of a trader. I guess. more to learn.... fast trading. Bogus. I guess you're not taking any positions as of now.
  • #48,145
  • Jun 29, 2012 7:10am Jun 29, 2012 7:10am
Quoting JTattheRanch
Well I've been long since 1995.
Really? since 1995? at what price... that's insane dude... insane if you kept it so long. might be an amazing trader. if i could just get in at 2009 haha..
  • #48,146
  • Jun 29, 2012 7:12am Jun 29, 2012 7:12am
Numbers to watch out if this things miraculously pops up during NY session

1.0208
1.0233
1.0249
  • #48,147
  • Jun 29, 2012 7:13am Jun 29, 2012 7:13am
Quoting HeavenBlade
China comes in and buys euro assets?
haha China has the money, but no one in the right mind would buy into what the current countries (Greece, Spain, Italy...) are doing. would you give a losing gambler money to borrow?
  • #48,148
  • Jun 29, 2012 7:14am Jun 29, 2012 7:14am
Quoting irfandbl
Numbers to watch out if this things miraculously pops up during NY session

1.0208
1.0233
1.0249
1.0249 would take me out
  • #48,149
  • Jun 29, 2012 7:15am Jun 29, 2012 7:15am
Quoting arcticpolar
haha China has the money, but no one in the right mind would buy into what the current countries (Greece, Spain, Italy...) are doing. would you give a losing gambler money to borrow?
well..JP Morgan did

Quoting arcticpolar
1.0249 would take me out
let's hope that it wouldn't get there by today
  • #48,150
  • Jun 29, 2012 7:22am Jun 29, 2012 7:22am
Quoting irfandbl
well..JP Morgan did



let's hope that it wouldn't get there by today
definitely didn't expect this way raise so rather quickly. it's like me being taken out in a day. must be something i don't know i guess. It's way overbrought like some people said but really there's no overbrought or oversold in forex, but I have no idea why it's going through all technicals now.

didn't even seem to retrace at all...
  • #48,151
  • Jun 29, 2012 7:27am Jun 29, 2012 7:27am
230+
Use me as a contrarian indicator
  • #48,152
  • Jun 29, 2012 7:31am Jun 29, 2012 7:31am
Pyramiding.
Attached Image (click to enlarge)
Click to Enlarge Name: 6-29-2012 5.25.01 AM.png Size: 24 KB
  • #48,153
  • Jun 29, 2012 7:31am Jun 29, 2012 7:31am
market is acting strangely when i slept last night i was in 400$ profit now i m in 500$ loss eeerrrghhh whats going on..if the news is with euro why is it effecting aud nd it rising in a double speed then euro
  • #48,154
  • Jun 29, 2012 7:31am Jun 29, 2012 7:31am
Quoting arcticpolar
definitely didn't expect this way raise so rather quickly. it's like me being taken out in a day. must be something i don't know i guess. It's way overbrought like some people said but really there's no overbrought or oversold in forex, but I have no idea why it's going through all technicals now.

didn't even seem to retrace at all...
me neither, no one would expect it would raise this quick either i think

well I guess hopium would do what hopium should
  • #48,155
  • Jun 29, 2012 7:32am Jun 29, 2012 7:32am
well I can't watch anymore... It's too close to my sl... well the fib doesn't make much sense... even if it retraces it'll retrace to the 382 level which is my entry... sigh.
  • #48,156
  • Jun 29, 2012 7:34am Jun 29, 2012 7:34am
Quoting irfandbl
me neither, no one would expect it would raise this quick either i think

well I guess hopium would do what hopium should
i guess your trade is going well... going to keep it going? I'm close to rapid death.
  • #48,157
  • Jun 29, 2012 7:34am Jun 29, 2012 7:34am
Quoting Brocklesnar
market is acting strangely when i slept last night i was in 400$ profit now i m in 500$ loss eeerrrghhh whats going on..if the news is with euro why is it effecting aud nd it rising in a double speed then euro
the event we had today made us dollar weaker and my guess is maybe aud is stronger than eur hence it pops higher
  • #48,158
  • Jun 29, 2012 7:35am Jun 29, 2012 7:35am
Quoting Aldente
Pyramiding.
crap for me if it goes any higher...
  • #48,159
  • Jun 29, 2012 7:36am Jun 29, 2012 7:36am
30 bucks aka 3000 pips earlier...
Quoting stulic
Commodities are on steroids atm, gold heading towards 1600, I can't see any downside pressure today, it's the end of the month and end of financial year too tonight.
Parity is history for some time to come. Wait for retail sales numbers next week to see this bugger go off properly towards 1.05 - 1.07
Don't get mad, get even!
  • #48,160
  • Jun 29, 2012 7:38am Jun 29, 2012 7:38am
Quoting arcticpolar
well I can't watch anymore... It's too close to my sl... well the fib doesn't make much sense... even if it retraces it'll retrace to the 382 level which is my entry... sigh.
let's hope that 1.0233 will cap this thing for today bro, hope that it would retrace to lower than your entry so you would get some green pips

Quoting arcticpolar
i guess your trade is going well... going to keep it going? I'm close to rapid death.
Unfortunately I have closed my long position earlier, am still learning to fight the psychological problems I'm having
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