AUD/USD

I think enough here.

Buy.


Lets see?

this forum is dying...everyone is going over board to Mommy Bear forum

Should start coming back to life with the bears.

LOL..

Well in that case. I am sticking me head of the den. Was planning to short at 1.0545 based on Gann Fan Lines - regretted that I did not, so waited for a lower close below 1.0500 So I am short from 1.04913, target is 1.02000. Moved all stops at 1.04750

http://i.imgur.com/8WOo2.png

http://i.imgur.com/HzrUX.png

it's long journey..better sleep z z z..zzzzz...happy new year guys and have wonderful trade

LOL. I've been waiting for a certain member to come in and start posting again now that AUD is moving lower.



I'll try and post a little more often once the holidays are over. I had a rough last 2 weeks while trying to short NZD/USD (shorted too early) but this week I have been able to start making some serious pips which has helped me to recoup my losses from earlier this month. Am now in the green...


Bearish on most Majors:

AUD/USD: Looks like it has formed a Bearish Engulfing Bar on the weekly candle. Also, it tested the weekly TL which has been in effect since July of 2011.

NZD/USD: Tested it's weekly resistance at .8424 and was rejected. Weekly candle is also Bearish Engulfing Bar (BEEB).

GBP/USD: Tested it's weekly resistance as well at 1.627 but failed to close above on the daily close. 12/19 daily candle was a Shooting Start which gave a bearish signal. This level has not been broken and confirmed on a weekly close since August 2011.

EUR/USD: I personally don't like trading this pair but looks like it may have reached the top.

US Equities: Big selloff due to "fiscal cliff" concerns

**Due to all of the majors testing important resistance zones on the weekly charts as well as certain daily/weekly candle formations I am not bearish on most majors meaning USD bullish. I was a little early on my shorts earlier this month but am now confident in shorting AUD/USD as well as the other majors. USD Bullish

AUD looks strange. Although equities up, aud is down in tandem with gold.

I maintain long term bullish view for equities and also AUD, however it is possible that 1. equities up sharply and aud drifting down. 2. Or equities near stall and aud sharply up. 3. mix of 1 and 2. I believe option 1 will play out.

AUD crash, I dont think so.

this is medium term view for next severalo months. Not intraday or anything...

I think AUD will not be the best vehicle to trade in '13. JPY & indexes SP, DAX, Nikkei will be the one.

OMG, she is dropping cut loss long.

Anyway this pair is always lovely to trade.

Watching 1.036 if no i stop looking for long trade,


Happy christmass for christians brothers all the best for next year.

Thread is dead my arse. If people would stop posting their ego's instead of posting readable charts, we'd all be better off. Made 80 pips this week off two (and only two) trades on the AUDUSD. Maybe all the sensible people are celebrating the holidays?!

Price is near the bottom-upward TL on the 4H. I can see price moving back up to 1.0515. Will be looking to short at that level, however, will also be cautious. Could turn out to be just a scalp.

5015 huh? How's that going for you?

Short again 1.04335

Ask a question, i will answer you do not be ashamed.

Like this one in pink? It's a good s/r line alright...

It's probably going to go next week.

Come on Aussie, we know you want to break the 1.04 or is it a wet dream

...great job mate..where is my Target..??? go to sleep again...zzzz...zzzzz...

Good to see this thread back to life. Its difficult to take anything posted in the other one very seriously.

Like 100PipsADay, im going short on NZD and also came in a little bit too early mainly through a mistake. Ive held onto the bad short at 8250 though with additional shorts at 8450 and lets just say im a happy man. Holding on until my target of 0.8000.

Part of me says this needs to take a short break looking at the RSI on 1, 4 and 8hr charts coupled with the fact that the daily is reaching the 60 EMA and its a point where its had temporary pause in past. But on the other hand, there have been several times when this damn currency has just said "fuck it" and powered through everything, so hey, maybe that could happen too.

I sit and wait with popcorn ready. The only thing which leaves me nervous is an unfavourable fiscal cliff resolution.

Nice trade qq.
Hehe,referred to a post i did not like it; anyway i think 1.36 will be a nice target if it holds, if not lower, you winner.

to hold over night and weekend -$33.33 per 100k....three times the amount. I guess I will keep holding the short position. Target still 1.02000 - I "hate" these negative roll overs, I am tempted to go back to the futures market.

http://i.imgur.com/BKesi.png