AUD/USD

looks no long before tomorrow data

it want go up to 1.03626 and then down again

Still really heavy and VIX is up through the roof. I am still short this baby looking for 1.02

Par - here we come


What really moves the markets?
Charts don't move the markets.
Conditions move the markets...

Do you think its possible the Chinese will save the pair yet again like they did two weeks ago after the employment numbers? I am thinking of getting out now as the follow through of NY did not occur unless we are setting up for a grind lower to get in at a higher price for a new short.

I need to make up the 13k loss last week and Gold/Silver are working out well at the moment but AUD has netted 2600 so far.

Out of short /6A (aud/usd) It hit the 1.02 level I was gaming for earlier and I am looking for a second short once Dollar comes down a little to 83.85-80 area Best of today all I am out.

AUDUSD Daily Chart EMA 200 1.0234, should've longed there instead... got pending order to long at 1.0240
SL at 1.0220

easy there, big fella. I got a long from 253, but we'll see what the second half brings from the US. this was a nice coordinated event for correcting the market. 250 is about as good of a launching point we'll see....

Oh i just read... i SHOULD"VE LONGED on a daily close if its back above 1.0300, otherwise a break and close below would cause AUDUSD to plummet, next longing area would be 1.0000 parity....

what makes u think metals will move this week big? Ive seen this movie before and it always sucked

im looking at 1.01 if below then 0.94

Do not overtrade, if u are looking for long be patient.
I can see +/- 1.00 for long

i misread one of my friend's analysis....
if today's Daily manages to Break but failed to close below 1.03, its a clear signal that 1.03 holds and that is a good place to long....
i was too hasty longing when the daily candle is far from closing earlier today....

According to unability to close 1H above 1,0270 it seems resistance is pretty strong there. 1,0270 seems to hold all attacks and daily close seems very likely below 1,0300 - as you suggest that would open the path down for tomorrow to 1,0200 mark.

At an interesting level. 23% fib, 2 trend lines intersecting. Not a fan of taking trades at this time of day but watching...

Waiting for more down.

just watching the 4hr closes... could see it retrace back through the TL an maybe find resistance around the 1.037 area, could also fall to the bottom of the channel an test the 1.02 area, if that breaks, it might find support around the 1.015 area, see what the fundis want to do , an if euro wants to do some more free falling..

I love this currency. I am always long on this currency because of positive swap.I am always short EURAUD again for positive swap.


I never buy on margin

I use daily pivot and trade depending upon where price (1 hr bar) is in relation to pivot. Of course I never short this currency as mentioned above. I just accumulate longs at certain levels or using some trend indicators, usually heiken ashi.

So far my return has been pretty good.

I've gone long on a nice reversal signal and short again on e/a.TP open.

Short initiated again on AUD/USD AT 1.0217(-10C/6A) or 1.0270. Looking for some movement down on NY open to the 1.0250 level.

Today could be pretty dull and we might just see a range day with the lack of movement in Either AU or Dollar since the reports on Sunday/Monday failed a follow through from last week so I expect today to be a more of range play.

Troika is in Greece for review we might get some news out of them today but maybe not, either way I am not really expecting to much

As for the metals plays so far this is for a trade based on a continuation strength out of Dollar. We traded above are now range on 84level. Technically though like I went short on the 7/13 open because the day before we traded exactly at the 88.6% retrace (A) we are now trading in range and exceeded the 88.6% Retrace (B). The next level which is more important is known as the reversal level or consolidation level which is the 127.2% Retrace where that sits at 85.27 (second Screen C)
First we need a solid break to the upside of (B) In order for us to get to the higher channel range on Dollar sending /au /GC /SI lower

So if we start to get more headline news out of Europe and the ES starts to break its lower channel look for dollar to have a big move like it did in May. Gold/Silver are in such a tight triangle range that whoever blinks first is going to send this metal down/UP 2% in a day and the next couple days afterwards will be filled with liquidations forcing more pressure to the downside/upside. I am betting on the short side.