AUD/USD | Page 2736 | 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

  • #54,701
  • Oct 24, 2012 4:09pm Oct 24, 2012 4:09pm
I am seeing some extremely strange spread fluctuations on my client, upwards of 8pips on A/U. Anyone else seeing this? Guess it might just be the afternoon illiquidity.
  • #54,702
  • Oct 24, 2012 4:09pm Oct 24, 2012 4:09pm
Quoting england33
Yeah you don't have to tell me. I know your about business.. some of these guys can't take a poke or 2 because they've never had to muscle up in the real business world and take it too personal. some are still kids and they think criticism is some school ground fight where they have to poke back. .I know your ok. Chinese really? very interesting. smart people on the most part with a rich history.

**edit and oh btw just use that energy directed at you for business. I don't get mad (not that you are), I just use any anger at me to push my business...
That is probably something i have still yet to learn, but im quite dedicated to helping traders understand things and it gets frustrating if by the end of the day they learnt nothing....
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #54,703
  • Oct 24, 2012 4:12pm Oct 24, 2012 4:12pm
Quoting fxtyrant
Thx buddy, actually im a mix... Im half french (from my father side) and half chinese (from my mother side) but i was born and raised up in Hong Kong since birth, until the last 4 years i came to UK for my studies, since im fluent in english but not french.... so UK was a good idea because its real easy for me to visit my relatives in France...
Just take the train down to Portsmouth then the Brittany Ferry down to Brittany France....
that's pretty cool - even better! thanks for sharing! I'm actually only 1/8 British/English myself - nevermind the name lol. Mostly Dutch and German believe it or not and part Jewish about the same as my English bloodlines and 1% Asian somewhere down the line lol but I don't look it. Pretty much a mut
Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #54,704
  • Oct 24, 2012 4:13pm Oct 24, 2012 4:13pm
Shorting AUD/USD at the moment is not optimal. You really would have to wait for a candle on DAILY after AAPL release. One of two things are going to happen on the dollar

A Comes back down from this upper range on Daily sending AUD up even higher

B. Breaks out of this congestion zone to trade higher which means ES would be below 1400 and you would see a great addition to short AUD/USD again

Look at the Daily 10/17-18 selloff than recovery allowed me to short at 1.04-1.0410 for a new leg lower and same for the top end in standing aside and not adding to AU short. I am concerned that is AUD are at current levels while NYopens up tomorrow and then AAPL comes out better Dollar will be sent lower and the next short opp wold come n at 1.0420-1.0435
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 2012-10-24-TOS_CHARTS.jpg Size: 194 KB
Click to Enlarge Name: 2012-10-24-TOS_CHARTS.jpg2.jpg Size: 183 KB
  • #54,705
  • Oct 24, 2012 4:14pm Oct 24, 2012 4:14pm
Quoting england33
that's pretty cool - even better! thanks for sharing! I'm actually only 1/8 British/English myself - nevermind the name lol. Mostly Dutch and German believe it or not and part Jewish about the same as my English bloodlines and 1% Asian somewhere down the line lol but I don't look it. Pretty much a mut
if you wana go that extreme.... im pretty sure everyone has 1/10000 of an African since we humans originate from Africa!! woo hoo... LOL
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #54,706
  • Oct 24, 2012 4:16pm Oct 24, 2012 4:16pm
still rely on the Fibs though and were stil below 50% recent leg up leg down
Below 618 YTd HI/LO
Below hourly on OCT CUT
  • #54,707
  • Oct 24, 2012 4:19pm Oct 24, 2012 4:19pm
Ill com back with Top Gun again when its time to sell for the next leg Until then see you guys tomorrow NY my eyes wil be on 1400
  • #54,708
  • Oct 24, 2012 4:20pm Oct 24, 2012 4:20pm
Quoting fxtyrant
if you wana go that extreme.... im pretty sure everyone has 1/10000 of an African since we humans originate from Africa!! woo hoo... LOL
oh yeah lol It's all just a pedigree contest - humans are humans. If lions could be cheetahs that would be something else lol but we like to give ourselves fancy names but white lions are no different than brown lions really. ... it's really just culture and skin color that separates us "animals". .
Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #54,709
  • Oct 24, 2012 4:27pm Oct 24, 2012 4:27pm
NY rolled at 1.0353

Go figure....
  • #54,710
  • Oct 24, 2012 4:36pm Oct 24, 2012 4:36pm
Quoting 100PipsADay
So are the US unemployment numbers... However, it doesn't matter if the numbers are fudged, what matters is what is published and how the market perceives these numbers. This is why the AUD is getting a push upwards. However, this is NOT the ONLY reason. Look at all of the other majors...

Bullish Engulfing Daily Candle: NZD, GBP, AUD (AUD & NZD are the two strongest currencies today, just look at the cross pairs...)

I know you won't agree with what I'm saying but I'm putting out another point of view for others to read. AUD is not the "ultimate...
Well I don't believe the numbers are cooked, and if you'd do your homework you'll know the numbers are compiled by markit economics which is an independent outfit that submits surveys to major producers and businesses for the data. Not by the Chinese government. I would be more skeptical of US department of labour numbers since the U7 economic numbers is at 17 or so percent while the official ones are at 7.8.

As to the Chinese government, if you compare the official numbers to the hsbc ones in the past, you'll find the numbers are all within margin of error with not much deviation. Frankly I believe all these articles about real China gdp been -3% or that they're only using half total electrical consumption compared to a few years ago total bs.

Its mind boggling that some people actually believe this, I mean China still has soaring energy demand, there's over a dozen thermal, nuclear and hydro power plants still in the pipeline, the three gorges dam which is the equivalent of 3 hoover dams runs on full capacity, and you still get brownouts occasionally from what I can tell from relatives living there. There's no way the country is running on half the power output.
  • #54,711
  • Oct 24, 2012 4:42pm Oct 24, 2012 4:42pm
Quoting Wulfgar
NY rolled at 1.0353

Go figure....
It looks strong it has to be said,
thinking i might end up chasing this
to add to the half i've got open.
If the S&P bounces from here and we break the top of that
old weekly bar from 3 weeks ago there could be hell to pay
for the short side,time will tell.
It sits right at the old 50% 0400.
The Aussie inside bar not S&P just to be clear.
You can remain irrational longer than you can remain solvent.
  • #54,712
  • Oct 24, 2012 5:02pm Oct 24, 2012 5:02pm
Quoting jezek5
It looks strong it has to be said,
thinking i might end up chasing this
to add to the half i've got open.
If the S&P bounces from here and we break the top of that
old weekly bar from 3 weeks ago there could be hell to pay
for the short side,time will tell.
It sits right at the old 50% 0400.
The Aussie inside bar not S&P just to be clear.
Ive been on about this level for awhile... the 0351/0360 is an area that will bring in the position guys.... expect choppy PA/weird spread fluctuations/ compressions/ fakeouts/ etc...

Major decision zone.... position players will scale into these areas a bit at a time as they become more certain of their overall direction. These dudes trade huge with huge stop losses.

Be careful guys.... trade well and wait for a catalyst before making any moves....

Wulf
  • #54,713
  • Oct 24, 2012 5:27pm Oct 24, 2012 5:27pm
Quoting Iro
Well I don't believe the numbers are cooked, and if you'd do your homework you'll know the numbers are compiled by markit economics which is an independent outfit that submits surveys to major producers and businesses for the data. Not by the Chinese government. I would be more skeptical of US department of labour numbers since the U7 economic numbers is at 17 or so percent while the official ones are at 7.8.

As to the Chinese government, if you compare the official numbers to the hsbc ones in the past, you'll find the numbers are all...
If u think chinese numbers are not cooked up, you are very wrong, the real reason why china may have seem to have a soft landing is because the chinese government is undergoing a change of leadership and the last thing the government wants is panic prior to the transfer of leadership.

Next, there are signs that china are getting desperate, the island that china and japanese are fighting for has been there for ages, but the rivalry for that island only began aggressive in the recent year, well, i wont blame the chinese since that island is estimated to have a deep sea oil reserve as big as the one of saudi arabia..... And boy do the chinese need lil for themselves if they want to continue growing at their soft landing pace....

May e time for you to read up on some REAL news
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #54,714
  • Oct 24, 2012 5:39pm Oct 24, 2012 5:39pm
Quoting Iro
Well I don't believe the numbers are cooked, and if you'd do your homework you'll know the numbers are compiled by markit economics which is an independent outfit that submits surveys to major producers and businesses for the data. Not by the Chinese government. I would be more skeptical of US department of labour numbers since the U7 economic numbers is at 17 or so percent while the official ones are at 7.8.

As to the Chinese government, if you compare the official numbers to the hsbc ones in the past, you'll find the numbers are all...
Wait a minute are you actually saying that the Chinese data is not cooked?
http://ieastasia.com/wp-content/uplo...oking-dirt.jpg
I must be reading this wrong. :nerd:
Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #54,715
  • Oct 24, 2012 6:04pm Oct 24, 2012 6:04pm
Quoting Iro
Well I don't believe the numbers are cooked, and if you'd do your homework you'll know the numbers are compiled by markit economics which is an independent outfit that submits surveys to major producers and businesses for the data. Not by the Chinese government. I would be more skeptical of US department of labour numbers since the U7 economic numbers is at 17 or so percent while the official ones are at 7.8.

As to the Chinese government, if you compare the official numbers to the hsbc ones in the past, you'll find the numbers are all...
I completely understand what you're saying. All I meant is that it doesn't really matter if the numbers are cooked or not when trading FOREX as the market moves off of what it hears and sees. So even if the numbers were in fact cooked (not saying they are) it doesn't matter.
  • #54,716
  • Oct 24, 2012 6:34pm Oct 24, 2012 6:34pm
gold is acting bullish, that high volume upthrust might begin a new trend in gold here short term.
  • #54,717
  • Oct 24, 2012 6:56pm Oct 24, 2012 6:56pm
Quoting sidhujag
gold is acting bullish, that high volume upthrust might begin a new trend in gold here short term.
What thrust?? Look at daily.....
Daily ema 55, daily ema 200 when price breaks below ema55, we shall see ema200 to be approached
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #54,718
  • Oct 24, 2012 7:36pm Oct 24, 2012 7:36pm
Starting to regret closing out my AUD/JPY longs!

I let all this "bear talk" influence my trades! LOL
  • #54,719
  • Oct 24, 2012 7:48pm Oct 24, 2012 7:48pm
Quoting 100PipsADay
Starting to regret closing out my AUD/JPY longs!

I let all this "bear talk" influence my trades! LOL
but whyyyyyyyyyyyyyyyyyy lol its ok... atleast u had green
  • #54,720
  • Oct 24, 2012 7:48pm Oct 24, 2012 7:48pm
Quoting fxtyrant
What thrust?? Look at daily.....
Daily ema 55, daily ema 200 when price breaks below ema55, we shall see ema200 to be approached
see m5 FOMC, just reading PA dont care to look at EMA's you can look at an M1 and figure out where strength is.. i'm calling it like it is.


Infact was looking at the TICK chart and noticed a big order around the exact low of gold... saw that it tested it slowly and then ticked up... about 5 mins before the news... that low was tested again but failed to break... usually happens everyday if you know what to look for... just hard to get yourself to get in on it because you don't know if its buying or selling at the time.
53 traders viewing now