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AUD/USD

WOOT WOOT... retrace?? good how far up though?? wana load shorts
We live in a finite world with infinite possibilities.
what's the spike all about
QE3, Which way do we go when this is announced? If the QE3 is on I would think this would mean risk is on and thus we would be going south(short); however, if the QE3 is off or delayed I would think that we may be going north(Long).

Am I right in my thinking? Trying to understand QE3 and Risk and how it effects the market and AUD/USD in particular.
Quoting petehnm
hey papa what's up....I love to here that...ready for the swing up....for some reason I feel like the Chinese are gonna cook the books for gdp....but as you know feelings don't mean squat in Forex...good luck to you sir...I'm in a long and sticking to it...at least till I'm ready for a short...lol
Don't worry about China until tonight. CCP can do anything to make the data look great. The markets buy the fake data and get excited. When everybody thinks about the data so negatively, any good news even it is childish nonsense will make a big difference. -IMHO-
daddybearforex. com
Quoting simwee_1312
what's the spike all about
Because the balloon flew away!
And, the south wind is getting stronger and stronger .........
daddybearforex. com
Quoting bguguen
WOOT WOOT... retrace?? good how far up though?? wana load shorts
1,0135 will do if not 1,0165 or 1,0195 max, could be wrong of course
swing it!
Quoting maximinus
Feel more comfortable with my scalp. will exit at 8030/40.
closed my scalp
Don't be smart. Be rich.
The spike is called we made a shitload of money lets take profits and go to lunch. We will come back at the EOD and start selling again...The bull Balloon is heading for the The great wall of China and their is a mad man sterring it into a crash...Story Developing....
Attached Image (click to enlarge)
Click to Enlarge Name: The-Breathtaking-flight-of-Moet-Chandon-s-hot-air-Balloon-above-the-great-wall-China.jpg Size: 127 KB
thanks guys
Quoting mattheweston
QE3, Which way do we go when this is announced? If the QE3 is on I would think this would mean risk is on and thus we would be going south(short); however, if the QE3 is off or delayed I would think that we may be going north(Long).

Am I right in my thinking? Trying to understand QE3 and Risk and how it effects the market and AUD/USD in particular.
this thing is going north if QE3 is on
Ok so if risk is on then aud/usd goes up?
Quoting jplazard
The spike is called we made a shitload of money lets take profits and go to lunch. We will come back at the EOD and start selling again...The bull Balloon is heading for the The great wall of China and their is a mad man sterring it into a crash...Story Developing....
Sorry, your balloon is made in China. Ms. Bull's balloon is heading to an undisclosed location. Don't fake the story!
daddybearforex. com
Quoting mattheweston
Ok so if risk is on then aud/usd goes up?
correct
Your baloon was at 1.02 yesterday their were too many bulls in the baloon. Their were 3 of us here saying this for 2 days your bull baloon is at overcapacity I just hope the tourist (new guys) did not pay for the ride in advance

Story developing....
Trolling for action
Quoting DaddyBear
ANNOUNCEMENT:
For those who don't like DaddyBear's cartoons, please put him on your ignore list. DaddyBear will continue to post cartoons for his audiences when he feels necessary before his website is ready.

After the south wind broke the rope, the bull and the balloon got rid of bears and fly away .............. Story developing ..........

Attention:
DaddyBear's cartoons are not indicators. Please do not apply them to your charts because they won't fit anyway.
haha you are so cute
If there was easy money lying around,no one would be forcing it into your
Quoting mattheweston
QE3, Which way do we go when this is announced? If the QE3 is on I would think this would mean risk is on and thus we would be going south(short); however, if the QE3 is off or delayed I would think that we may be going north(Long).
if QE3 is launched, it would mean risk on. risk on here means investor willing to take risk. then risky asset will go up, including AUD as risky currency.

Quote
Am I right in my thinking? Trying to understand QE3 and Risk and how it effects the market and AUD/USD in particular.

simply QE3 will make USD weakers. since AUD/USD has USD at behind, it would mean AUDUSD will go up if USD weaker.
I would love to see a run up until 1.016x combined with some terrible Chinese data
Quoting redbox
if QE3 is launched, it would mean risk on. risk on here means investor willing to take risk. then risky asset will go up, including AUD as risky currency.



simply QE3 will make USD weakers. since AUD/USD has USD at behind, it would mean AUDUSD will go up if USD weaker.
First of all... QE3 is still a big IF... when the FOMC announced no plan for QE3 anytime soon this week....

Next off.... AUDUSD is not quite a risk pair... Risk pairs are the EURUSD, GBPUSD, and USDCHF lately.....

AUDUSD is a semi safe haven pair because..... when EURUSD Falls... AUDUSD goes up as of late due to rising Gold prices.....

when risk aversion happens EURUSD fell translates Dollar Strength then Dollar Strength translates to XAUUSD strengh when gold gets bought up. when gold gets bought up AUD strengthens.... So really.... AUD is not quite the risk pair you think it is my friend....
We live in a finite world with infinite possibilities.
Quoting FXMindset
haha you are so cute
FXMindset, thanks. Your user name reminds me two of my approaches of my FX trading: Complicated EW Principle and a child's simple mindset. The later is based on Zen. I studied Japanese before and know Japanese culture very well. It is my pleasure to "meet" you in this forum. -DB-
daddybearforex. com
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