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Aussie Trading Room and Cartoons Gallery

  • #31,661
  • Jun 5, 2013 3:53am Jun 5, 2013 3:53am
AUD so weak,
All other currency is up but AUD is down.......
Another Japan Yen?
Japan got 2 times drop?
So AUD waiting for 2nd drop?
  • #31,662
  • Jun 5, 2013 5:02am Jun 5, 2013 5:02am
Wow, loved that drop! I cashed my shorts except one AUDJPY
I think AUD should go up some now
  • #31,663
  • Jun 5, 2013 5:16am Jun 5, 2013 5:16am
I wonder how the Aussie think about the weak currency rate?
as when weak currency show up, then the stuff price will go up?
after the stuff price go up, when the currency go up.......the stuff price won;t drop right?
If currency maintain low? then even worse?

then the aussie suffer?

The RBA want weak currency for the business, economic,
but this is not always the public want?
  • #31,664
  • Jun 5, 2013 5:17am Jun 5, 2013 5:17am
I hope it is the end of move down here.

Long @ .9578 SL .9545
  • #31,665
  • Jun 5, 2013 6:10am Jun 5, 2013 6:10am
Quoting Tomoney
I hope it is the end of move down here. Long @ .9578 SL .9545

h4 says another 30-40 pips! .952x to watch before longing IMO
  • #31,666
  • Jun 5, 2013 6:25am Jun 5, 2013 6:25am
Quoting Tomoney
I hope it is the end of move down here. Long @ .9578 SL .9545

Yes well hope and fear are the best way to trade...
  • #31,667
  • Jun 5, 2013 6:27am Jun 5, 2013 6:27am
The Aussie currently is trying to break lower and it will break lower today if the USA data in 50 min is positiv.
But we should anyway see a retracement very soon depending on the Dollar. Keep in mind that any moment could be a major blow to the markets depending on the announcment of S&P in the coming hrs/days or weeks.
I wish I could time travel, I'd be "very" rich
  • #31,668
  • Jun 5, 2013 6:34am Jun 5, 2013 6:34am
Quoting oztrader79
{quote} Yes well hope and fear are the best way to trade...
It would be better if you put your irony into the pocket.
  • #31,669
  • Jun 5, 2013 6:37am Jun 5, 2013 6:37am
Quoting Tomoney
{quote} It would be better if you put your irony into the pocket.
Well he was right, you need to trade not just based on macro and micro economic news but also place you
trades on hopes and fears, so actually a good point.
I wish I could time travel, I'd be "very" rich
  • #31,670
  • Jun 5, 2013 6:44am Jun 5, 2013 6:44am
Quoting Ryan3645
{quote} Well he was right, you need to trade not just based on macro and micro economic news but also place you trades on hopes and fears, so actually a good point.
There is a diffrence beetwen a person who trades based on hope and fear having no idea what to do and a person who sticks to it's plan and just saying mind "it would be nice to see it up now". Maybe it is some misunderstanding.
  • #31,671
  • Jun 5, 2013 7:22am Jun 5, 2013 7:22am
Quoting Tomoney
I hope it is the end of move down here. Long @ .9578 SL .9545
Closed @.9600, +22 pips in green
  • #31,672
  • Jun 5, 2013 7:26am Jun 5, 2013 7:26am
congrats who closed longs in green. Even forecast missed, it's better than previous. So still AU will be heading south IMO
  • #31,673
  • Jun 5, 2013 7:42am Jun 5, 2013 7:42am
Even the news is bad for USD,
The Aud is still very weak compare other currency.
many people went short once see the AUD is rise.......

i wonder if AUD want to rise back, must all the AUD news to be good,
else depend other currency effect....seem not enough power to up.
  • #31,674
  • Jun 5, 2013 7:45am Jun 5, 2013 7:45am
Eur/Usd in the trend of regaining back to mid of may lose
so do it for USD/JPY but AUD/USD is still in the down trend.......
All money went to short AUD?
CFTC short position of AUD still keep increasing.
  • #31,675
  • Jun 5, 2013 8:50am Jun 5, 2013 8:50am
Quoting billv
{quote} meaning?
PA = Pip Anon. Right before you posted +16 pips, Pip Anon said his/her trade was closed at +16 pips.
  • #31,676
  • Jun 5, 2013 9:33am Jun 5, 2013 9:33am
DB's Daily Forex Map
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 27 KB
daddybearforex. com
  • #31,677
  • Jun 5, 2013 9:49am Jun 5, 2013 9:49am
Previous H4 Map was off a bit......
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 251 KB
daddybearforex. com
  • #31,678
  • Jun 5, 2013 9:50am Jun 5, 2013 9:50am
Quoting DaddyBear
Previous H4 Map was off a bit...... {image}

Hi, DB - which of these currencies do you have the most success with - aud or EJ? Just wondering....
  • #31,679
  • Jun 5, 2013 9:51am Jun 5, 2013 9:51am
At what price can we buy AU
  • #31,680
  • Jun 5, 2013 9:54am Jun 5, 2013 9:54am
Quoting Tradersnest
{quote} I think it's a doable first target, I would expect a correction from that area. Keep your eyes on the lower 4H BB, it will have the final say. I wouldn't advise going long from .95570 until there is a clearer picture. There is more downside coming.
Good Morning Traders. Well that was a piece of cake. Watch for possible correction at this juncture as price has reached the lower BB (4H) and price is at .95203 which is an extension. However. the BB are widening which gives credence to Much more downside, with the possibiliety of price walking the lower Band for the rest of the day. The MACD signal line is going under water on 4H which indicates the trend will continue.
Attached Image (click to enlarge)
Click to Enlarge Name: Trend continuation.JPG Size: 214 KB
You can hand some traders tomorrows Wall Street Journal and they would lose
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