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  • #27,041
  • Feb 5, 2013 6:43pm Feb 5, 2013 6:43pm
come on 36 !!!
  • #27,042
  • Feb 5, 2013 6:47pm Feb 5, 2013 6:47pm
ok that was a bit of a kick in the arse for the aud
  • #27,043
  • Feb 5, 2013 6:48pm Feb 5, 2013 6:48pm
hello koala your awake, Do you think we will make 36
Quoting HelloOz
come on 36 !!!
  • #27,044
  • Feb 5, 2013 6:49pm Feb 5, 2013 6:49pm
I am just a bit warey of putting a sell in on it yet I have got it as over sold and below the 100% on the fib , I could quite easily be wrong
  • #27,045
  • Feb 5, 2013 6:52pm Feb 5, 2013 6:52pm
I wonder if this will be a horrible year for aud traders

A year ago, jpy was trading in a very tight range - at times 20 pip range for months

It's possible that aud will take on the same role this year, while jpy will make rounds in the 4000 pip range
  • #27,046
  • Feb 5, 2013 6:56pm Feb 5, 2013 6:56pm
It is starting to look a bit that way ( it has not been easy this side of the new year)
Quoting maximmm
I wonder if this will be a horrible year for aud traders

A year ago, jpy was trading in a very tight range - at times 20 pip range for months

It's possible that aud will take on the same role this year, while jpy will make rounds in the 4000 pip range
  • #27,047
  • Feb 5, 2013 7:00pm Feb 5, 2013 7:00pm
I had a thought in my head last night that was similar ,When I first started 3 mths ago I was doing well at short quick trades now I am trying to learn more and setting up longer trades it seems to be harder. Maybe it is not me it is the market doing what it does best ( screw you over)
  • #27,048
  • Feb 5, 2013 7:01pm Feb 5, 2013 7:01pm
Articwolf, do what works best for you. Find a trading strategy that you can find success at and make it work! Don't try to do anything you aren't comfortable with or new in a real account. Thats what demos are for!
  • #27,049
  • Feb 5, 2013 7:31pm Feb 5, 2013 7:31pm
Quoting PayTheLimit
depends on your time frame I suspect, havent been following the crosses lately, so not sure if they are responsible for some of the chop...
Sorry I missed this post. Thanks for your reply. Well yes I guess you are right. Haven't looked at the crosses either, but there was definitely some chop.
  • #27,050
  • Feb 5, 2013 7:35pm Feb 5, 2013 7:35pm
Quoting arcticwolf
I had a thought in my head last night that was similar ,When I first started 3 mths ago I was doing well at short quick trades now I am trying to learn more and setting up longer trades it seems to be harder. Maybe it is not me it is the market doing what it does best ( screw you over)
long term trades are good when currency .... moves^^ When it's stale as is aud these days, you really need to start looking at 15 minute charts - or better yet, move on to another currency that's actually active (pst - yen crosses) and look at the long term charts there
  • #27,051
  • Feb 5, 2013 7:37pm Feb 5, 2013 7:37pm
the fall has been preset, daddy? kinda hard to believe retail sales fallin, although Euro Area retail sales is far worse!
  • #27,052
  • Feb 5, 2013 7:43pm Feb 5, 2013 7:43pm
Quoting arcticwolf
hello koala your awake, Do you think we will make 36
3464....
  • #27,053
  • Feb 5, 2013 7:43pm Feb 5, 2013 7:43pm
Quoting dokterriza
the fall has been preset, daddy? kinda hard to believe retail sales fallin, although Euro Area retail sales is far worse!
market moves are most certainly preset. I suggest you use DMI indicator with 12.5 time frame to be ahead of the market by 10 steps! Ah, I'm kidding... a bit of an inside joke, really^^
  • #27,054
  • Feb 5, 2013 7:52pm Feb 5, 2013 7:52pm
such a big divergence between Aussie & AUD/JPY. both of them started at 1.0390 & 90 at January & now Aussie is 40 pips lower while AUD/JPY makin noise above 97 hopefully Aussie will start to follow suit AUD/JPY like the EUR/USD & EUR/JPY
  • #27,055
  • Feb 5, 2013 8:16pm Feb 5, 2013 8:16pm
yes we hit 36 by time I wrote that post lol
Quoting HelloOz
3464....
  • #27,056
  • Feb 5, 2013 8:19pm Feb 5, 2013 8:19pm
Yes that was what I was sort of getting at I have done well I not just doing as good as I was so it is time to go back to short scalping trades . Untill the aud heads back up to 1.10
Quoting maximmm
long term trades are good when currency .... moves^^ When it's stale as is aud these days, you really need to start looking at 15 minute charts - or better yet, move on to another currency that's actually active (pst - yen crosses) and look at the long term charts there
  • #27,057
  • Feb 5, 2013 8:40pm Feb 5, 2013 8:40pm
http://www.cnn.com/2013/02/05/world/asia/solomon-islands-quake/index.html

Hmm...
Play the players, not the cards.
  • #27,058
  • Feb 5, 2013 8:46pm Feb 5, 2013 8:46pm
Aussie is really dead now... Bears control the market...
  • #27,059
  • Feb 5, 2013 8:52pm Feb 5, 2013 8:52pm
great thread - just started reading

currently short AUD - see chart, thinking it might hit 1.031(ish). anyone else in this?

also interested to hear reasoning behind a move back to 1.10 ArcticWolf? im thinking if current D1 gets its back broken in the next few
days possibly see it going down to around 1.015

Attached Image (click to enlarge)
Click to Enlarge Name: current audusd trade 06022013.gif Size: 16 KB
  • #27,060
  • Feb 5, 2013 9:15pm Feb 5, 2013 9:15pm
Quoting dokterriza
the fall has been preset, daddy? kinda hard to believe retail sales fallin, although Euro Area retail sales is far worse!
I did not look at the data but I 'd say the path was preset. Before the news, the pattern already foretold the fall.
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