AUD/USD | Page 2740 | 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

  • #54,781
  • Oct 25, 2012 12:59pm Oct 25, 2012 12:59pm
Hello Sidhujag,
do you still hold your ucad long ? And if Yes, what is your target and in how many time, I mean 1 week , 6months etc.
Thanks.

Edit PS: I'm asking you that for my own analys of CJ.
I'm not questionning your trading strat. ;-)
Don't be smart. Be rich.
  • #54,782
  • Oct 25, 2012 1:09pm Oct 25, 2012 1:09pm
Quoting sidhujag
he sounds like the bgugeugen kid lol is that u tyrant? otherwise
u guys are twins.. i guess he went on his vacation from his shorts or he gave up lol
I am bguguen, sidhu, surprise surprise
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #54,783
  • Oct 25, 2012 1:16pm Oct 25, 2012 1:16pm
Quoting fxtyrant
I am bguguen, sidhu, surprise surprise
LOL NO WONDER!!! I thought it was you.. you can smell a rat from a mile away! lol jk
  • #54,784
  • Oct 25, 2012 1:16pm Oct 25, 2012 1:16pm
Quoting maximinus
Hello Sidhujag,
do you still hold your ucad long ? And if Yes, what is your target and in how many time, I mean 1 week , 6months etc.
Thanks.

Edit PS: I'm asking you that for my own analys of CJ.
I'm not questionning your trading strat. ;-)
Waiting for parity thats all...
bounced of .9765 and then 0.9887 and the next band up that you don't see is at 1.0009.. on the weekly I expect usd to fall for a bit.
Attached Image (click to enlarge)
Click to Enlarge Name: ucad.jpg Size: 287 KB
  • #54,785
  • Oct 25, 2012 1:19pm Oct 25, 2012 1:19pm
Quoting sidhujag
Waiting for parity thats all...
Thanks.
That's fine , and fit to my LT CJ anlysis.
Don't be smart. Be rich.
  • #54,786
  • Oct 25, 2012 1:19pm Oct 25, 2012 1:19pm
Inserted Video


End of Day after aapl
  • #54,787
  • Oct 25, 2012 1:27pm Oct 25, 2012 1:27pm
Quoting sidhujag
u mad? Wheres gold at today higher
or lower? I alteady told u the way ur trading
u will never win like i said come back next quarter and well see how much ur smiling... Better thrust urself back to the drawing board.

Aud news was positive so buying any pullback oppurtunity.
From the looks of his trade explorer I would say he is using some sort of "Martingale" strategy. This type of trading method is very dangerous if you get caught on the wrong side of the trend even just once...

For anybody who is interested I posted a new article to my thread. It is in regards to China and the BIG money flows which are heading back into China.

Is China bottoming out?

Follow the BIG Money...to Emerging Markets!
  • #54,788
  • Oct 25, 2012 1:47pm Oct 25, 2012 1:47pm
Quoting sidhujag
Waiting for parity thats all...
bounced of .9765 and then 0.9887 and the next band up that you don't see is at 1.0009.. on the weekly I expect usd to fall for a bit.
That's not easy for me. UC is at a limit near or above the parity and CJ seems to be caught between charybde and scylla (chart later). Tomorrow or monday should be the D day for CJ !
Don't be smart. Be rich.
  • #54,789
  • Oct 25, 2012 1:53pm Oct 25, 2012 1:53pm
Quoting maximinus
That's not easy for me. UC is at a limit near or above the parity and CJ seems to be caught between charybde and scylla (chart later). Tomorrow or monday should be the D day for CJ !

If you use sound MM, you can scale in at CJ for a long term position with interest because in a few years CAD will hike rates and JPY will always be lower for atleast a decade.
  • #54,790
  • Oct 25, 2012 1:54pm Oct 25, 2012 1:54pm
Quoting maximinus
That's not easy for me. UC is at a limit near or above the parity and CJ seems to be caught between charybde and scylla . Tomorrow or monday should be the D day for CJ !
With charts.
What do you think guyz ???? Up or down ?
Attached Image(s) (click to enlarge)
Click to Enlarge Name: cj4h.gif Size: 16 KB
Click to Enlarge Name: cjW.gif Size: 12 KB
Don't be smart. Be rich.
  • #54,791
  • Edited 2:09pm Oct 25, 2012 1:56pm | Edited 2:09pm
Quoting 100PipsADay
From the looks of his trade explorer I would say he is using some sort of "Martingale" strategy. This type of trading method is very dangerous if you get caught on the wrong side of the trend even just once...

For anybody who is interested I posted a new article to my thread. It is in regards to China and the BIG money flows which are heading back into China.

Is China bottoming out?

Follow the BIG Money...to Emerging Markets!
I dont see China bottoming.. I believe it is topping. It's a communist state that manipulates its economy to get what it wants based on cheap labour... now other countries have caught on and US is heading towards export based economy because of its cheap USD it will have a head start. India is the poor mans China right now but with better potential because of economic/political policies that more align to global growth in the new era.

China had its 25-35 year run and it was a good one, but I strongly believe it is over hence why AUD is a long term bear aswell.. if you take away China where is the AUD economy?

If you look at macro cycles on the yearly you can see that Plaza/Louvre accord set USDx on a big slide.. its what the USD wanted... now 25 years later we are at the end of that cycle... where all currencies as a basket are at multi year highs and USD at multi year lows... the cycle calls for the opposite to happen... as US (the devil or the genius) wins because they convinced other countries to hold assets denominated by USD... as USD rises their purchasing power rises as others fall.. it will have bought another 25 years of proper growth and prosperity until the next cycel of devaluation when we are all old and the kids are crying that the world is coming to an end because of manipulation and printing out of thin air...

Earlier we had us going off the gold standard and we still dont know the repercussions of this, but they will all be dead (those who made it happen) before the real shit hits the fan.

THis alligns with many of my views:

Gold 14k (2015 or after? 2008 style crash x 2)
JPY at the top of its rise
AUD/NZD at the top of its rise
CHF at the top of its rise
EUR at the top of its rise
GBP at the top of its rise
USD at a bottom
CAD? Not sure about this one... they aren't so reliant on China and weren't so risk taking as US... economy is robust. The little pebble next to the states.. will rise with USD

ES/DOW at the bottom
  • #54,792
  • Oct 25, 2012 2:00pm Oct 25, 2012 2:00pm
Quoting sidhujag
If you use sound MM, you can scale in at CJ for a long term position with interest because in a few years CAD will hike rates and JPY will always be lower for atleast a decade.
Yes, that's my analys, buy it. But I doubt a little of my self if Ucad break the parity and fly, hmmm, not good. I'm really short term trader Sidhujag,.
But yes for swing trader it's a pretty good call, buy it between 8023 and 8050 and close the platforme for several weeks.
Don't be smart. Be rich.
  • #54,793
  • Oct 25, 2012 2:06pm Oct 25, 2012 2:06pm
Quoting maximinus
Yes, that's my analys, buy it. But I doubt a little of my self if Ucad break the parity and fly, hmmm, not good. I'm really short term trader Sidhujag,.
But yes for swing trader it's a pretty good call, buy it between 8023 and 8050 and close the platforme for several weeks.
80xx? LOL no thats too close... you have to probably give or take a thousand+ pips... id say maybe 70xx ow lower incase UJ gets down to 70-65.

Proper MM would mean say 0.1% per 50 or 100 pips... hold for years 10% a year and as interest rates rise so would your income.
  • #54,794
  • Oct 25, 2012 2:09pm Oct 25, 2012 2:09pm
Quoting sidhujag
80xx? LOL no thats too close... you have to probably give or take a thousand+ pips... id say maybe 70xx ow lower incase UJ gets down to 70-65.

Proper MM would mean say 0.1% per 50 or 100 pips... hold for years 10% a year and as interest rates rise so would your income.
O my god, we really not playing in the same field. You are a real investor, i'm a microlittlemini speculator. I'm unable to hold a pos for years.
Don't be smart. Be rich.
  • #54,795
  • Oct 25, 2012 2:11pm Oct 25, 2012 2:11pm
Quoting maximinus
O my god, we really not playing in the same field. You are an investor, i'm a microlittlemini speculator. I'm unable to hold a pos for years.
I also make calls with 2 pip SL.. you probably have to expand your view... use diferent hats... one investment hat one speculating hat... i bet the investment hat will give you better rewards (and more sleep/health) than speculating hat. But we all love to think we can make 5% a week in any condition!
  • #54,796
  • Oct 25, 2012 2:15pm Oct 25, 2012 2:15pm
Quoting sidhujag
I dont see China bottoming.. I believe it is topping. It's a communist state that manipulates its economy to get what it wants based on cheap labour... now other countries have caught on and US is heading towards export based economy because of its cheap USD it will have a head start. India is the poor mans China right now but with better potential because of economic/political policies that more align to global growth in the new era.

China had its 25-35 year run and it was a good one, but I strongly believe it is over hence why AUD is a long...

Very interesting Sidhujag. Thanks for the info. Now the question is, which currency will fall fastest and the hardest if looking to play cross pairs?
  • #54,797
  • Oct 25, 2012 2:15pm Oct 25, 2012 2:15pm
Quoting sidhujag
I also make calls with 2 pip SL.. you probably have to expand your view... use diferent hats... one investment hat one speculating hat... i bet the investment hat will give you better rewards (and more sleep/health) than speculating hat. But we all love to think we can make 5% a week in any condition!
Honestly, I never never thougt forex as an investment tool. I'm wrong of course. I need to think about it seriously. It will certainly take time because I'm very very slow in mastering anything that I try.
Thanks for opening me a new vision.
Don't be smart. Be rich.
  • #54,798
  • Oct 25, 2012 2:17pm Oct 25, 2012 2:17pm
Quoting maximinus
Honestly, I never never thougt forex as an investment tool. I'm wrong of course. I need to think about it seriously. It will certainly take time because I'm very very slow in mastering anything that I try.
Thanks for opening me a new vision.
Trade it everday still dont see an investment tool
  • #54,799
  • Oct 25, 2012 2:22pm Oct 25, 2012 2:22pm
Quoting domino
Trade it everday still dont see an investment tool
In the absolute, Sidhu is not wrong. If you buy CJ at 70.00 (I personnaly think that it will not fall to 70.00 in the coming weeks) and you increase slowly your pos, and you receive a daily premium. It can make sense, if you are an investor ? Am I missing something ?
Don't be smart. Be rich.
  • #54,800
  • Oct 25, 2012 2:22pm Oct 25, 2012 2:22pm
will start to fall, right now. any shorts here ?
I'll shop after the drop
41 traders viewing now