AUD/USD | Page 2548 | 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

  • #50,941
  • Jul 23, 2012 1:37am Jul 23, 2012 1:37am
Quoting HotBiscuits
consider the greek news before going long, this could head into some serious risk-off

The IMF is considering ending its support to Greece, with senior executives of the fund having already notified the EU that it no longer intends to allocate more money to the country, according to a report. (ekathimerini/Capital.gr) The report added that Greece could default as soon as September. The IMF is one third of the so called "Troika" of Greek creditors and this story follows the ECB saying Greek government bonds are ineligible for collateral purposes....
Buddy... as much as fundies do help... charts is what you really should focus more... fundies is too much of a guessing game while Trading Charts if you know how, they literally tell you whats going to happen...
For many years ive been trading like a fool following news... best example is USDJPY... Azumi talk talk talk of intervention.. but chart says otherwise... Who wins? charts...
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #50,942
  • Jul 23, 2012 1:39am Jul 23, 2012 1:39am
Hello all,

Well the /DX short was a failure I got out most on Friday's close and the rest today with a total loss of (12,915). I am looking to go short AU as the dollar looks ready this time to break 84 and continue higher.

I won't make weekly calls this week as they have not been satisfactory for 2weeks straight. I will instead just catch swing plays for 40-60ticks and not look for multi day holds. GL all this week.
  • #50,943
  • Jul 23, 2012 1:41am Jul 23, 2012 1:41am
Quoting jplazard
Hello all,

Well the /DX short was a failure I got out most on Friday's close and the rest today with a total loss of (12,915). I am looking to go short AU as the dollar looks ready this time to break 84 and continue higher.

I won't make weekly calls this week as they have not been satisfactory for 2weeks straight. I will instead just catch swing plays for 40-60ticks and not look for multi day holds. GL all this week.
Short on Break + Close below 1.03 and wait for pull back ot 1.03 to short... i doubt we'll break below and close though...
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #50,944
  • Jul 23, 2012 1:41am Jul 23, 2012 1:41am
Quoting bguguen
Waiting... Waiting.... 1.0300
I dunno man, I think we might see a deep swing in the 1.02xx before we shoot back up. Good luck, I'm just watching at this point.
  • #50,945
  • Jul 23, 2012 1:44am Jul 23, 2012 1:44am
Im with you I am waiting for US open to short AU as I missed the initial open today.
  • #50,946
  • Jul 23, 2012 1:48am Jul 23, 2012 1:48am
Quoting jplazard
Im with you I am waiting for US open to short AU as I missed the initial open today.
Oh god im getting hammered on my LONG audusd?? guys need i mention its monday? ive had enough experience with forex to know never to trust a monday move....
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #50,947
  • Jul 23, 2012 1:49am Jul 23, 2012 1:49am
What really moves the markets?
Charts don't move the markets.
Conditions move the markets...
  • #50,948
  • Jul 23, 2012 1:51am Jul 23, 2012 1:51am
Quoting chiknthief
What really moves the markets?
Charts don't move the markets.
Conditions move the markets...
Sentiment moves the market.
FF journal: Peaks and Troffs
  • #50,949
  • Jul 23, 2012 1:51am Jul 23, 2012 1:51am
Quoting chiknthief
What really moves the markets?
Charts don't move the markets.
Conditions move the markets...
If charts don't move the markets then explain technical analysis to me.
  • #50,950
  • Jul 23, 2012 1:52am Jul 23, 2012 1:52am
1.03 stands as support, but IMO stronger support lies at ~1.022.
Previous SR level there, fibo 50 (1.0855 - 0.958 downswing on daily), and recent TL of support also there.
Round number is always a place of interest to me, so watching 1.03...
Attached Image (click to enlarge)
Click to Enlarge Name: aud.gif Size: 21 KB
  • #50,951
  • Jul 23, 2012 1:52am Jul 23, 2012 1:52am
Why is it still falling ?????
Us is really strong
TEST
  • #50,952
  • Jul 23, 2012 1:54am Jul 23, 2012 1:54am
Quoting C5fx
If charts don't move the markets then explain technical analysis to me.
Technical analysis is a lagging indicator. Its a reflection of the condition.
  • #50,953
  • Jul 23, 2012 1:54am Jul 23, 2012 1:54am
Quoting C5fx
If charts don't move the markets then explain technical analysis to me.
T.A gauges the market sentiment.
FF journal: Peaks and Troffs
  • #50,954
  • Jul 23, 2012 1:54am Jul 23, 2012 1:54am
Quoting bogus
Sentiment moves the market.
Sentiments are reflected in Charts bro... Tell me why are we Risk off?? Well Look at the Indexes....
DAX, CAC, IBEX, EUROSTOXX all falling suggests a sell of on EURUSD, and Dollar gets bought or Yen gets bought for this instance.... because even the Dollar is suffering from its fragile economy internally...
Bros... Please Please Please, Sentiments are all in charts.....
Otherwise Why do we draw Channel and seeing Market Boucing at a particular Level or at Bottom of Channel and Falling form Top of channel??
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #50,955
  • Jul 23, 2012 1:57am Jul 23, 2012 1:57am
Quoting bguguen
Sentiments are reflected in Charts bro... Tell me why are we Risk off?? Well Look at the Indexes....
DAX, CAC, IBEX, EUROSTOXX all falling suggests a sell of on EURUSD, and Dollar gets bought or Yen gets bought for this instance.... because even the Dollar is suffering from its fragile economy internally...
Bros... Please Please Please, Sentiments are all in charts.....
Otherwise Why do we draw Channel and seeing Market Boucing at a particular Level or at Bottom of Channel and Falling form Top of channel??
Ah, I agree.
FF journal: Peaks and Troffs
  • #50,956
  • Jul 23, 2012 1:57am Jul 23, 2012 1:57am
Quoting robboyes
Why is it still falling ?????
Us is really strong
US economy is not Strong... reason why the Dollar is being bought is because its the World Wide Medium of exchange... doesnt mean the Dollar is strengthening because of that... in fact dollar's been falling for 30 years now.... consequences of Increased Money Supply and Issuance of Bonds.... the US is an economy thats Failing... but like its banks... they are just "Too Big to Fail..."
So when everything is failing.... its human instinct to find the LEAST failing instrument to minimise losses....
The biggest winner in a WORLD BEARISH MARKET is to find the best place to avoid losses....
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #50,957
  • Jul 23, 2012 1:58am Jul 23, 2012 1:58am
Quoting Chika Kure
1.03 stands as support, but IMO stronger support lies at ~1.022.
Previous SR level there, fibo 50 (1.0855 - 0.958 downswing on daily), and recent TL of support also there.
Round number is always a place of interest to me, so watching 1.03...
FF journal: Peaks and Troffs
  • #50,958
  • Jul 23, 2012 2:08am Jul 23, 2012 2:08am
Entered a short @ 1.0315 with a tight SL, looking for 1.022. Pulling out if it can't break 1.0300 on the next go.
  • #50,959
  • Jul 23, 2012 2:15am Jul 23, 2012 2:15am
Quoting MattD
Entered a short @ 1.0315 with a tight SL, looking for 1.022. Pulling out if it can't break 1.0300 on the next go.
Good luck
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #50,960
  • Jul 23, 2012 2:20am Jul 23, 2012 2:20am
Support really strong at 1.03, took 14 pips. Back to watching & waiting
43 traders viewing now