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AUD/USD

  • #59,941
  • Jul 2, 2013 6:57am Jul 2, 2013 6:57am
Quoting tomersror
entering long at 0.917

i'm long AUD too; how did you arrive at the conclusion that 0.917 was tradeable? it's still going down in a channel.
  • #59,942
  • Jul 2, 2013 7:05am Jul 2, 2013 7:05am
Quoting iNZane
{quote} i'm long AUD too; how did you arrive at the conclusion that 0.917 was tradeable? it's still going down in a channel.
I wont be worried if it will drop down to 0.915 or lower, I just got a strong feeling that everything will turn up when the Americans will wake up and see if the Goldmans will test the RBA
the gold stays strong even when the dollar index is almost 0.4% up
  • #59,943
  • Jul 2, 2013 7:07am Jul 2, 2013 7:07am
Quoting tomersror
{quote} Seriously? what kind of trader are u? stick with ur position or else turn into a pig, and pigs get slaughtered.
lol im a rich pig now!
Shorted the shit out of that break out $$$$
  • #59,944
  • Jul 2, 2013 7:08am Jul 2, 2013 7:08am
Quoting Arman_A
{quote} lol im a rich pig now! Shorted the shit out of that break out $$$$
didnt u TP 0.93 before? u on demo bro?
  • #59,945
  • Jul 2, 2013 7:09am Jul 2, 2013 7:09am
Quoting tomersror
{quote} didnt u TP 0.93 before? u on demo bro?
I was just throwing ideas around.
However when the HS formed, and it broke out i changed my direction.
  • #59,946
  • Jul 2, 2013 7:09am Jul 2, 2013 7:09am
Quoting tomersror
{quote} I wont be worried if it will drop down to 0.915 or lower, I just got a strong feeling that everything will turn up when the Americans will wake up and see if the Goldmans will test the RBA the gold stays strong even when the dollar index is almost 0.4% up

i'm with you from a gut-feeling approach. i never trade against what my gut tellls me either. but same time i do not trade on gut alone. i hear your GS connection. is there reports published explaining that further?
  • #59,947
  • Jul 2, 2013 7:11am Jul 2, 2013 7:11am
Quoting oztrader79
{quote} +1
Did you pick that nice little short up?
  • #59,948
  • Jul 2, 2013 7:12am Jul 2, 2013 7:12am
Quoting Arman_A
{quote} I was just throwing ideas around. However when the HS formed, and it broke out i changed my direction.

You're on track to blow your account again (is it your second or third now?). You show little regard for proper risk management on your trades as a % of your account from the looks of your previous posts.
  • #59,949
  • Jul 2, 2013 7:13am Jul 2, 2013 7:13am
Quoting Arman_A
{quote} Did you pick that nice little short up?

actually i Picked up 90 pips shorting from the 150 EMA on the 1hr (and confluence with eh 61% on fib from 26 Jun high) . trade with the trend...

I trade for a living so can't afford to muck around with irresponsible money management or jumping around in my trading style.
  • #59,950
  • Jul 2, 2013 7:14am Jul 2, 2013 7:14am
so many longs on this thread.

Trade what you see, not what you think!
  • #59,951
  • Jul 2, 2013 7:18am Jul 2, 2013 7:18am
Quoting OMGtrader
so many longs on this thread.

Like somebody else said, those who try to pick bottoms only end up with smelly fingers....
  • #59,952
  • Jul 2, 2013 7:18am Jul 2, 2013 7:18am
Quoting OMGtrader
so many longs on this thread.

hehe; without longs who are the shorts going to fleece?
  • #59,953
  • Jul 2, 2013 7:22am Jul 2, 2013 7:22am
Quoting oztrader79
{quote} Like somebody else said, those who try to pick bottoms only end up with smelly fingers....
I say let them pick all the bottoms in the universe. They always come up with less than they started out with.
Trade what you see, not what you think!
  • #59,954
  • Jul 2, 2013 7:30am Jul 2, 2013 7:30am
Quoting iNZane
{quote} i'm with you from a gut-feeling approach. i never trade against what my gut tellls me either. but same time i do not trade on gut alone. i hear your GS connection. is there reports published explaining that further?
there's a heavy trading with the pair right now and I got a feeling people know that tomorrow's AUD data will be good.
USUALLY after a central bank says their own currency is too stronger so the first reaction is a 1.5% drop or more which we DIDNT see it with the AUD/USD.
We will see a better reaction in 1 hour when NYSE opens..
  • #59,955
  • Jul 2, 2013 7:41am Jul 2, 2013 7:41am
ALOT of open positions in the last minutes longing the AUD... hmmm..
  • #59,956
  • Jul 2, 2013 12:44pm Jul 2, 2013 12:44pm
Quoting tomersror
just as I thought ! dollar index up 0.63% AUD stays at 0.9157 - EUR/AUD down from 1.425 to 1.419 - meaning that alot of people do give a f*ck about the AUD and want it higher. ... now imagine what would have happened if the dollar index was actually low..

To bad all the people that wants the Aussie higher are the retailers.
Trade what you see, not what you think!
  • #59,957
  • Jul 2, 2013 1:05pm Jul 2, 2013 1:05pm
Quoting OMGtrader
{quote} To bad all the people that wants the Aussie higher are the retailers.
and people who are on demo account, i have some doubts that will help aussie to go up
As Above, So Below
  • #59,958
  • Jul 2, 2013 5:00pm Jul 2, 2013 5:00pm
Quoting OMGtrader
so many longs on this thread.
lol yes...always alot more longs here than shorts

they were calling bottoms at 96....then 94...and now 91
  • #59,959
  • Jul 2, 2013 5:42pm Jul 2, 2013 5:42pm
Quoting Doboy408
{quote} lol yes...always alot more longs here than shorts they were calling bottoms at 96....then 94...and now 91
I think there is good possibility the bottom on AUDUSD run is between 8700 and 8600 this run but next 18 month we should see a test of the 8000 area. Australia is small economy and small currency compared to US and FED is going to stop buying US Treasuries sometime in the next year and may even raise interest rates before the next presidential election in November 2016!.
Ecclesiastes 1:9
  • #59,960
  • Jul 2, 2013 5:49pm Jul 2, 2013 5:49pm
Quoting Doboy408
{quote} lol yes...always alot more longs here than shorts they were calling bottoms at 96....then 94...and now 91
This is common retail practice.
Trade what you see, not what you think!
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