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The Really Useless Thread

  • #108,021
  • Aug 22, 2012 12:03pm Aug 22, 2012 12:03pm
AUD/USD is starting to feel like it's putting a bottom in. I started building a position this morning at 1.0424 and will be feeling it out to add more as it hopefully starts creating higher lows.

This is a swing trade that I'm trying to get into. I think everyone is familiar with the 4 hour uptrend channel, and I'm attempting to play it for a target of 1.0650 or perhaps higher.
check out my blog: forexmademillionaire dot com
  • #108,022
  • Aug 22, 2012 12:13pm Aug 22, 2012 12:13pm
Quoting chazzle

Flat atm


Quoting chazzle
AUD - support at 72
Becomes resistance ...

long here - p/b to bull H1 mid - the mid on the htf at 395 -- D1 level below at 367 ... it's in trend which is good -- gold is threatening 1638 which is bad , although see it has further upside potential toward 1660

aiming toward the 472 - might add at one of the lower levels mentioned
Attached Image(s) (click to enlarge)
Click to Enlarge Name: aud1.jpg Size: 80 KB
Click to Enlarge Name: auh1.jpg Size: 77 KB
  • #108,023
  • Aug 22, 2012 12:22pm Aug 22, 2012 12:22pm
Quoting Geppy
AUD/USD is starting to feel like it's putting a bottom in. I started building a position this morning at 1.0424
I sincerely hope this trade works out for you bro
  • #108,024
  • Aug 22, 2012 1:02pm Aug 22, 2012 1:02pm
Quoting chazzle
long here -

aiming toward the 472 - might add at one of the lower levels mentioned
closed
Attached Image (click to enlarge)
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  • #108,025
  • Aug 22, 2012 1:20pm Aug 22, 2012 1:20pm
so, qe a given, ecb holding the bazooka to pull the trigger... and we move 48 pips???
  • #108,026
  • Aug 22, 2012 1:31pm Aug 22, 2012 1:31pm
Quoting Mr Hatch
so, qe a given, ecb holding the bazooka to pull the trigger... and we move 48 pips???
spoke too soon move is still going,

but there was no official announcement... just more members consider easing and saying market can handle easing
Be hopeful in a winning position, and fearful in a losing position.
  • #108,027
  • Aug 22, 2012 1:43pm Aug 22, 2012 1:43pm
94+.
  • #108,028
  • Aug 22, 2012 1:46pm Aug 22, 2012 1:46pm
Quoting chazzle
I sincerely hope this trade works out for you bro
No bias on your part, huh bud?
check out my blog: forexmademillionaire dot com
  • #108,029
  • Aug 22, 2012 1:47pm Aug 22, 2012 1:47pm
Quoting pkimnyc
94+.
Good job bro

those pinkish pips are with powernap or without ??
  • #108,030
  • Aug 22, 2012 1:49pm Aug 22, 2012 1:49pm
  • #108,031
  • Aug 22, 2012 1:50pm Aug 22, 2012 1:50pm
Quoting Piters
remember THIS ?? posted yesterday and today...

http://www.forexfactory.com/showthre...62#post5948262
no , sorry bro - just read it now tho , cheers
  • #108,032
  • Aug 22, 2012 1:50pm Aug 22, 2012 1:50pm
Nicely done PK

Quoting pkimnyc
94+.
Disclaimer: Check your 1m charts
  • #108,033
  • Aug 22, 2012 1:51pm Aug 22, 2012 1:51pm
Quoting Geppy
No bias on your part, huh bud?


nice one - taking any off in the euphoria?
  • #108,034
  • Aug 22, 2012 1:54pm Aug 22, 2012 1:54pm
Quoting kenfen69
Wearing thin, brother! Positive swaps are MUCH better when you're several hundred in the green!

Lot sizes are small on what I hold because I'm busy elsewhere this week, but I'd love to just wipe the slate and fold the lot. My Buy is now +317...should've picked up a few more of those!

Always tough when a (potential) reversal forms. Been paid handsomely so far...will find a way to transition into what comes next on it.

You banking a few?
och very nice bro. i took from my long 140 pips on EA. now i have long aud/usd and short eur/jpy
looking for investors . pm me
  • #108,035
  • Aug 22, 2012 1:56pm Aug 22, 2012 1:56pm
big TL - at closing prices on daily -- fits well on LTFs also -- at 1.05 atm - will be keeping an eye here
Attached Image(s) (click to enlarge)
Click to Enlarge Name: aud1.jpg Size: 96 KB
Click to Enlarge Name: auh4.jpg Size: 79 KB
  • #108,036
  • Aug 22, 2012 2:00pm Aug 22, 2012 2:00pm
Quoting Geppy
No bias on your part, huh bud?
Decided to close them all out... those pips came too fast not to take notice of and I'd have like to see us crack through 1.0525 at a minimum. Without that, we're still stuck and I'll see if I can't re-enter lower again.
check out my blog: forexmademillionaire dot com
  • #108,037
  • Aug 22, 2012 2:16pm Aug 22, 2012 2:16pm
Quoting gatorinla
i got 2505 and some others 252x min but more times then not .. 2317/19 happens first.

Quote
Well in my books only Fomc can stop the move up today. 1.258x open target for the week and [highlight] 1.252x [/highlight] wide open for the day. To the other side I got nothing ...

sisse
Well that was prolly it for the day. I don't expect a straight runner a lot higher than these levels so not even bothering with wide stops but is a good sign that summer is ending and we are getting back to office....

H4 Chart update...

sisse
Attached Image (click to enlarge)
Click to Enlarge Name: h4220812.png Size: 32 KB
Pending conversations? PM for a chat...I am mainly in OTM now
  • #108,038
  • Aug 22, 2012 2:22pm Aug 22, 2012 2:22pm
Quoting sisse
Well that was prolly it for the day. I don't expect a straight runner a lot higher than these levels so not even bothering with wide stops but is a good sign that summer is ending and we are getting back to office....

H4 Chart update...

sisse
nice chart mate..
  • #108,039
  • Aug 22, 2012 2:34pm Aug 22, 2012 2:34pm
beautiful 13 pip scalp range

Attached Image (click to enlarge)
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  • #108,040
  • Aug 22, 2012 2:35pm Aug 22, 2012 2:35pm
Quoting Piters
Good job bro

those pinkish pips are with powernap or without ??
Been up all night bro. No power nap here. Need to hybernate when this is over.
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