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AUD/USD

  • #57,941
  • May 2, 2013 6:42am May 2, 2013 6:42am
RBA is known for surprises and they know that a rate cut is needed. BUT, the budget comes out in a couple of weeks, so they might wait until after the dust settles.

Quoting seaman2
{quote} no idea. but i expect aud to spring to life anytime.
  • #57,942
  • May 2, 2013 12:22pm May 2, 2013 12:22pm
Quoting diggo
{quote} Ok bull wave completed, didn't quite reach the target but I'm happy with my shorts at 1.038 and more at 1.037 after The Chinese figures today. We are now targeting a fresh LL. min target is now 1.022, and then 1.015
Min. Target hit. All shorts closed.

Next target below is 1.015.

But first should retrace.. Bears need to go away and regroup before they make a LL. Bears and bulls want 1.03 min before lower. Will be looking to short again at/above this level.

Further targets below are 1.010. This is an old, big one.. 1 year in the making. We will be back..
  • #57,943
  • May 2, 2013 7:38pm May 2, 2013 7:38pm
Quoting diggo
{quote} Your argument is flawed. Looks like you have a lot to learn in this business. Please share how you came up with your target of 1.048..


I have a lot to learn? So you're still selling the Aussie?
  • #57,944
  • May 2, 2013 10:06pm May 2, 2013 10:06pm
Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2013-05-03 at 1.04.45 PM.png Size: 40 KB
  • #57,945
  • May 2, 2013 10:32pm May 2, 2013 10:32pm
1.022x was well respected in February, we had a few cracks at it before it broke.

Bears want 1.03. Possibly higher.. I won't be shorting again until we get there.
  • #57,946
  • May 2, 2013 10:42pm May 2, 2013 10:42pm
Quoting k3nshinz3139
I have close all my position. Rest rest.. haha Place order long 1.0225 TP 1.03 area..
Yesterday order what hit and I manual close at 1.027 TP

Okay AJ long still open 99.5 long TP 101.2...
  • #57,947
  • May 2, 2013 10:58pm May 2, 2013 10:58pm
good place to short ausi
  • #57,948
  • May 2, 2013 11:00pm May 2, 2013 11:00pm
Quoting Robot
good place to short ausi
Waiting 1.03 is possible.. Greedy >.<
NPF is possible to push it up to that area..
  • #57,949
  • May 2, 2013 11:06pm May 2, 2013 11:06pm
That's a dirty tail of the H! Pivot.
  • #57,950
  • May 2, 2013 11:21pm May 2, 2013 11:21pm
Quoting Robot
good place to short ausi


Robot my brother


Agree with your take, im already loaded with shorts on the NZD and i think both pairs about to have another leg down. May need a touch of 1.03 but its coming sooner or later IMO.
Money never sleeps...
  • #57,951
  • May 3, 2013 12:09am May 3, 2013 12:09am
Quoting k3nshinz3139
{quote} Waiting 1.03 is possible.. Greedy >.< NPF is possible to push it up to that area..
Agree. May be before NFP.
  • #57,952
  • May 3, 2013 2:19am May 3, 2013 2:19am
Quoting inpatient
{quote} Robot my brother Agree with your take, im already loaded with shorts on the NZD and i think both pairs about to have another leg down. May need a touch of 1.03 but its coming sooner or later IMO.
yup nzdusd shorts seem good too. im loaded with bunch of open trade no more money left to trade with lol
  • #57,953
  • May 3, 2013 3:59am May 3, 2013 3:59am
AU Long : Entry 1.0250 sl 1.0215 tp 1.0340-1.0385
Trade according to current market condition, not what you think would be.
  • #57,954
  • May 3, 2013 4:35am May 3, 2013 4:35am
Quoting diggo
1.022x was well respected in February, we had a few cracks at it before it broke. Bears want 1.03. Possibly higher.. I won't be shorting again until we get there.
Right. That's why exited my short on 1.0250, it was 1.027 sl 1.0305 tp 1.0175, and opened a Long 1.0250 sl 1.0215 1.0340-1.0385
Trade according to current market condition, not what you think would be.
  • #57,955
  • May 3, 2013 10:33am May 3, 2013 10:33am
Quoting HelloOz
{quote} lol.. not when the car is only worth $5k..

Everyone on here was talking shit. Telling me I had a lot to learn and telling me my argument was flawed when I said it was time to get long after the huge drop in price. Where'd everybody go? Did you have to work your shift at Waffle House or something? That's where selling after a drop in price get you.
  • #57,956
  • May 3, 2013 10:51am May 3, 2013 10:51am
Hey Aussie traders her is a little Harmonic analysis on 15m chart Im currently involve with and will add to if we actually get to the bat before I bank on the butterfly. Enjoy, make a great day and may we all make bank!!
Attached Image (click to enlarge)
Click to Enlarge Name: audusd 15m.gif Size: 75 KB
Don't follow me! You can and most likely will LOSE all your money!!!!
  • #57,957
  • May 3, 2013 11:25am May 3, 2013 11:25am
Quoting J.Clinton
AU Long : Entry 1.0250 sl 1.0215 tp 1.0340-1.0385
Exited my Long on 1.0315. Will stand aside for now, might turn short on a price advance today or wait to long on pullback next week.
Trade according to current market condition, not what you think would be.
  • #57,958
  • May 3, 2013 11:30am May 3, 2013 11:30am
Quoting CNTrader
Hey Aussie traders her is a little Harmonic analysis on 15m chart Im currently involve with and will add to if we actually get to the bat before I bank on the butterfly. Enjoy, make a great day and may we all make bank!! {image}
Excellent. There was my Tp for today Long but price hovering 1.0315 didn't help my nerves to hold on.
Would turn short on that 1.0340-45 if we see it today.
Trade according to current market condition, not what you think would be.
  • #57,959
  • May 3, 2013 7:21pm May 3, 2013 7:21pm
Quoting nolagator
{quote} Everyone on here was talking shit. Telling me I had a lot to learn and telling me my argument was flawed when I said it was time to get long after the huge drop in price. Where'd everybody go? Did you have to work your shift at Waffle House or something? That's where selling after a drop in price get you.
still here..
where were you when the price dropped 60pips after you said it was a good time to buy at 1.028?

it was only up 40pips and you making alot of noises.
  • #57,960
  • May 3, 2013 8:23pm May 3, 2013 8:23pm
Whats everyones view on next week? anyone think that aud/usd is still bearish and will surpass 1.02216 into 1.02150? im hoping it would exceed to the 3rd support level into 1.01921 before rising
Lose in spoonfulls, win in buckets
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