AUD/USD | Page 2728 | 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

  • #54,541
  • Oct 23, 2012 8:42pm Oct 23, 2012 8:42pm
Lasty,

thank you for this I am still understanding the whole carbon tax going on and its affects.
  • #54,542
  • Oct 23, 2012 8:45pm Oct 23, 2012 8:45pm
here are the banks expectations going into Nov

http://afr.com/r/2009-2014/AFR/2012/...1--646x467.png
  • #54,543
  • Oct 23, 2012 8:45pm Oct 23, 2012 8:45pm
Quoting jplazard
Lasty,

thank you for this I am still understanding the whole carbon tax going on and its affects.
if the data says Carbon Tax caused this inflation than this is a Cost Pull Inflation... not the best kind of inflation any economy would want to hear....
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #54,544
  • Oct 23, 2012 8:46pm Oct 23, 2012 8:46pm
CNY data 49.1, higher than last. Its a gogo.
  • #54,545
  • Oct 23, 2012 8:51pm Oct 23, 2012 8:51pm
long AU after better data,TP 0335,
  • #54,546
  • Oct 23, 2012 8:52pm Oct 23, 2012 8:52pm
Quoting fxtyrant
im about 70% certain that AUDUSD will test the 1.0180/1.0200 lows today.... only this time i hold we get a follow through so we can open ways down to parity
R u still sure about that? what did I say about news coming out and the outcome of what it will do?
  • #54,547
  • Oct 23, 2012 8:54pm Oct 23, 2012 8:54pm
Closed 30% of position on Spot the numbers out of China are worrisome sitll contracting although the market is showing it at a slower pace will reaload back at the highs of 1.04 or watch NY for a continued selloff or renewal of life

Either way the framework is not as great for a short. Although I believe their is a cut coming the concensus can change for January cut instead of Nov.

Holding in place for short is

Nov rate decision
ES potential reversal
Risk continues off sending us back into a May like selloff going into year end.
  • #54,548
  • Oct 23, 2012 8:59pm Oct 23, 2012 8:59pm
Closed out all of my positions from the last 4 trading days for a total of 434 pips / 13% of total account balance:

Closed Longs - AUD/JPY USD/JPY
Closed Shorts - EUR/AUD GBP/AUD

I will look to re-enter on some more EUR/AUD and GBP/AUD shorts once H1 time frame shows "overbought" using Williams % indicator.

*Demo account in Trade Explorer will now duplicate live account almost exactly to the T as I will open live trades first then right after open in demo account.

As stated in profile I use a Swing Trend Strategy.

Hope you all are having a profitable week!
  • #54,549
  • Oct 23, 2012 8:59pm Oct 23, 2012 8:59pm
Quoting Spoony
CNY data 49.1, higher than last. Its a gogo.

Hi,
Which site gives you this Info. (about chinese data). Could not find one like forex factory for Chinese data, can any one please help. Thank you.
  • #54,550
  • Oct 23, 2012 8:59pm Oct 23, 2012 8:59pm
Quoting jplazard
Closed 30% of position on Spot the numbers out of China are worrisome sitll contracting although the market is showing it at a slower pace will reaload back at the highs of 1.04 or watch NY for a continued selloff or renewal of life

Either way the framework is not as great for a short. Although I believe their is a cut coming the concensus can change for January cut instead of Nov.

Holding in place for short is

Nov rate decision
ES potential reversal
Risk continues off sending us back into a May like selloff going into year end.
There's zero chance of there being a cut in Jan - RBA don't meet in Jan .
  • #54,551
  • Oct 23, 2012 9:03pm Oct 23, 2012 9:03pm
Apologies i should of said Q1 13
  • #54,552
  • Oct 23, 2012 9:08pm Oct 23, 2012 9:08pm
Quoting sidhujag
R u still sure about that? what did I say about news coming out and the outcome of what it will do?
Buddy the trendline is still holding in the Daily chart....

Zoomed up close so you can see exactly where we are....
dont make your conclusion too early buddy... besides Gold has far too much distance to catchup ... im seeing Gold another leg down... so it should mean more Dollar Demand....

Attached Image (click to enlarge)
Click to Enlarge Name: audusd daily.gif Size: 18 KB
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #54,553
  • Oct 23, 2012 9:09pm Oct 23, 2012 9:09pm
I wanted to share the reason why I closed my AUD/JPY longs sooner than planned. There has been a lot of talk about a 10 Trillion Yen monetary stimulus by the BOJ and Yen has been weakening real fast. However, this may be another one of those "buy the rumor sell the news" situations and will leave many investors disappointed if they don't follow through with it.

There is a chance that we could see some risk off sentiment going into the US elections which will strengthen the safe haven flows back to the Yen. If/when they do go through with another stimulus package, I will be there to take advantage of the situation.

On another note: DOW plummeted over 240 point yesterday while AUD only dropped almost exactly 100 pips to the T... With this positive news out from Australia and China we are now only 35 pips away from yesterday's high.

Hope nobody "lost their shorts" with today's move! (no pun intended...LOL)
  • #54,554
  • Oct 23, 2012 9:13pm Oct 23, 2012 9:13pm
Quoting fxtyrant
Buddy the trendline is still holding in the Daily chart....

Zoomed up close so you can see exactly where we are....
dont make your conclusion too early buddy... besides Gold has far too much distance to catchup ... im seeing Gold another leg down... so it should mean more Dollar Demand....

Attachment
gold is a buy right now for a range or up.. Ur better off donating if u wanna be a gold bear at these levels. Oh right i forgt about ur crazy bearish div lol
  • #54,555
  • Oct 23, 2012 9:14pm Oct 23, 2012 9:14pm
Quoting 100PipsADay
I wanted to share the reason why I closed my AUD/JPY longs sooner than planned. There has been a lot of talk about a 10 Trillion Yen monetary stimulus by the BOJ and Yen has been weakening real fast. However, this may be another one of those "buy the rumor sell the news" situations and will leave many investors disappointed if they don't follow through with it.

There is a chance that we could see some risk off sentiment going into the US elections which will strengthen the safe haven flows back to the Yen. If/when they do go through with another...
None taken. im up 35% in 40 days besides im already begining to load more shorts as we pull back up... iave said we have a bullish divergence in H4 that will pull us back to 1.03 when it was down at 1.0250 couple hours ago... perhaps a good idea to review my previous posts...
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #54,556
  • Oct 23, 2012 9:15pm Oct 23, 2012 9:15pm
Hey JP,

Question about leverage with position trading - What is the most leverage you use at any given time as a position trader?

I understand it all depends on the trader's personal preference but what would you recommend for a Swing trader?

Position Trader Max Leverage: ?

Swing Trader Max Leverage: ?


Thanks JP!
  • #54,557
  • Oct 23, 2012 9:16pm Oct 23, 2012 9:16pm
Quoting sidhujag
gold is a buy right now for a range or up.. Ur better off donating if u wanna be a gold bear at these levels
well we shall see... im convinced GOld will drop to 1664 as i pointed out in my previous charts.... time will tell 200 EMA always gets reached
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #54,558
  • Oct 23, 2012 9:18pm Oct 23, 2012 9:18pm
Quoting 100PipsADay
Closed out all of my positions from the last 4 trading days for a total of 434 pips / 13% of total account balance:

Closed Longs - AUD/JPY USD/JPY
Closed Shorts - EUR/AUD GBP/AUD

I will look to re-enter on some more EUR/AUD and GBP/AUD shorts once H1 time frame shows "overbought" using Williams % indicator.

*Demo account in Trade Explorer will now duplicate live account almost exactly to the T as I will open live trades first then right after open in demo account.

As stated in profile I use a Swing Trend Strategy.

Hope you all are having...
Nice return. I didn't get into a/u long, but got into e/a short at 1.2625.
Nothing says a/u short to me at the moment.
FF journal: Peaks and Troffs
  • #54,559
  • Oct 23, 2012 9:19pm Oct 23, 2012 9:19pm
Quoting fxtyrant
well we shall see... im convinced GOld will drop to 1664 as i pointed out in my previous charts.... time will tell 200 EMA always gets reached
no doubt but it prob wont put au at 1.02 reasses your short term correlation coefficient
  • #54,560
  • Oct 23, 2012 9:22pm Oct 23, 2012 9:22pm
will reestablish full line near 1.0365again up to 1.04 heading into Nov RBA. And last major short at 1.0435
Attached Image (click to enlarge)
Click to Enlarge Name: 2012-10-23-TOS_CHARTS.jpg Size: 138 KB
104 traders viewing now