AUD/USD

Huh Hun! Bulls let's go! Music please?

1.0190 soon bro

Dollar looks to have found its upper range intra 83.55 now look for the next grind back down to .38 and maybe like DB mentioned a EOD pop whice should send the dollar to .25area and aud finishing higher than current levels

egkid, I guess you overlooked the "WRONG WAY" sign before you entered this BULL AVENUE, didn't you?

I would say this run will be about 30 pips from 1.0205. -IMHO-

I know what i do , Any way time will tell

I believe so. But, this time, the time probably is not on your side.

Hold down bulls, we have to take a break until the dust is all settled.

thank you for your nice word.

have a nice weekend.
hope you happy and free from suffering.

It takes guts to buy high and sell higher, but I think thats the case here.

i said "may be".
no need to remove

i feel danger for myself if i too close with this forum. i'm afraid i grow my ego bigger.


having different view is not a problem. i respect other opinion. in fact, we fill each other needs at market.

have a nice weekend.
hope you being well, happy, and free from suffering.

i need to calm my mind. ciao

Most indicators are in fact delayed indicators, they paints results after something had happened.

If one missed the ride of trend, trade another day. Using just 20:40 or 20:60 or 20:80 or best is ride and trail the winning and knowing to cut the losses early. If market is consolidated, look for buy and sell stop, and cutting your losses early, if something had happened.

Trading retracement is a little tiring - > Ytd price falls from 1.0250 area from sell stop at 1.0238 area, look at minute 5 if you can spot an entry to 1.0180 from data due to unemployment? than to 1.0100, before falling, buying up is hard because its against the trend. It falls every time onto 1.0180, dipped 1.0160, then 1.0145, then further 1.0120, then finally 1.0100.

If a person made the first wrong entry and you see on minute 15 bar or 30 min is already a BIG FAT BULL OR BEAR, stay in that mindset of bear or bull, cut your losses early, then go with the trend.

I only based trading on intraday based on Minute 5 and 15 for Asia and europe. In us hours., i use different approach, determined by earlier results from europe asia session.

Making first wrong entry is likely to affect all other trades, especially if one is holding onto earlier negative trades when market goes against you.

If price keep breaking support, its a down trend, look at 1 and 4 hour for support, if price keep breaking resistance, its a uptrend, look at 1 and 4 hour for resistance.

WHY TRADE BREAKOUT? And why is it so successful?
Trading on trend on about as quick as 1min-30min strong trend, and exiting safely or locking trends to BE with trailing. breakout allows smaller time in the market and quicker exit, breakout due to volatility and volume. Why stay in high frequency trading? when more trades you make especially for scalpers mean more chances of you losing when you keep changing sides of the game when it spike or plunge further.

Google and the turtle trading plan, and understand how they made 4million to 400 millions using simple tactics, and sound money management.


A bull will be bull until a bear come. A bear will be bear until a bull comes.
[ Staying neutral is the best in trading ] Buy and sell works! only price entry and exit, together with patience level and time frame matters only.

And yes, there are correlation on gold and oil etc. and large orders may results in spike to suddenly cause lack of seller to fill the gap or buyers to fill the gap. [ This was made known to me from a ex-hedgefund managers and a daily price action trader of how orders are executed within a small time frame and how quickly they use BREAKEVEN and trail and sucking everyone dry ], and why would daily Price action trader place several sell and buy stops are certain areas, and set and forget, knowing high probability the trade will execute in a certain manner in a particular trend using just ATR calculation.

Wednesday method when aus break out from 1.0200 towards 1.0280. and knowing when price hits exhaustion with some indicators.

One way is also to base entry on your own analysis, not affect by other's opinion. A bullish aud ytd who makes entry on 1.0150 when market sells to 1.0100 is a winner today because of timeframe, and his buffering zone.

A probability of tp 1 pip is higher than 3, and higher than 30-50 pips.

My humble opinions and views, happy pips to all! Have a great weekend!

Aldente, you are right on the money!

We just passed 1.0220 pass at this small mount. I can see the 1.0300 peak from this with a clear view. Let me figure out how long it will take to be there .........

Sorry, igkid, I forgot to say "ADIOS!" to you before passing 1.0220.

Guys..if you don't mind me summarizing all of the events and fuzziness we had recently in this thread... (this week to be more exact)

Bulls, bears, bearbulls, bullbears, redbulls, cartoons, charts, fundies, techies, balloons, ropes, Great wall of China's, buses full of school kids, MA's, MACD's, divergences, TF's, Iggy list, Marry Poppins or who ever we might be. We all got our piece of the pie..

Some might experience some floating minuses over the night or over the weekend and some might have already enjoyed some green pips by Thursday or Friday's London's session.

Let's respect other's opinions more. Arguments do help each other, but insults screw the points of the arguments itself. We've made some good calls and eventually we've made some mistakes too.

We're here to learn and share, or maybe just to chit chat a bit, let's keep it that way. A newbie like me got pretty irritated to see this thread changed into a fight club for the last few days.

Just like a phrase a guy here in this thread once wrote


Hope you guys had a great week and enjoy your upcoming weekend!

Sweet...looking forward to it...

Here are some points to look at while going north

1.0225
1.0238
1.0257
1.0317

I am out of my longs initiated 3hrs before NY open of long 3contracts at 1.0125 which was 1.0180 out at 1.0162 or 1.02203
1.0125-1.0162 37ticks im tired night guys have a great weekend

short @ 220, target 170