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AUD/USD

  • #60,101
  • Jul 5, 2013 8:23am Jul 5, 2013 8:23am
0.91 holds.
  • #60,102
  • Jul 5, 2013 8:24am Jul 5, 2013 8:24am
Quoting HelloOz
{quote} well.. maybe there are too many well educated americans looking for jobs.. they have to move IMO...
That is perhaps a fallacy. We still import a significant amount of Asians on the H1B for science and engineering. The term "well educated" is subjective.
  • #60,103
  • Jul 5, 2013 8:27am Jul 5, 2013 8:27am
Quoting JollyBean
Opening a long here... first target 0.94 here we come! Further targets 0.96 and beyond. Stop just below 0.90. Have a good time everyone
With all due respect, 0.94 is hard to hit... I think 0.93 is a better target... Currently losing atm, opened one at 0.915.. Tp at 0.92.
Logics do not apply in FOREX
  • #60,104
  • Jul 5, 2013 8:27am Jul 5, 2013 8:27am
Quoting jimmij
0.91 holds.
it was below 91 few minutes ago
How to Win at Sports Betting: DON'T DO IT!
  • #60,105
  • Jul 5, 2013 8:30am Jul 5, 2013 8:30am
Quoting JollyBean
Opening a long here... first target 0.94 here we come! Further targets 0.96 and beyond. Stop just below 0.90. Have a good time everyone
hmm..
risky..
we can see another drop after London close..
902 is likely (hope not)

GL
  • #60,106
  • Jul 5, 2013 8:32am Jul 5, 2013 8:32am
Quoting bskwak1124
{quote} With all due respect, 0.94 is hard to hit... I think 0.93 is a better target... Currently losing atm, opened one at 0.915.. Tp at 0.92.
Not sure how you see it though, but to me 0.94 looks like a minimum first target and the easiest to hit.

Of course it's not going to happen today...

Give it 1-2 weeks.
  • #60,107
  • Jul 5, 2013 8:34am Jul 5, 2013 8:34am
Quoting HelloOz
{quote} hmm.. risky.. we can see another drop after London close.. 902 is likely (hope not) GL
We definitely could see a bit more downside, but that'll be about how you manage your risk

I just happen to think the risk:reward at this level is excellent, especially when traded over a longer time frame (weeks, months).
  • #60,108
  • Jul 5, 2013 9:40am Jul 5, 2013 9:40am
AUS_ Now AUS_ Ones Again Ready for Big HUG !!!
I am ready for Do this Guys when i Hug AUS_
HmMmMMmMmM After this I feel so Happy Try this
At 8975 / 8955 area and 8925 /
(BUY on DIP and Enjoy ur Green Pips )
  • #60,109
  • Jul 5, 2013 9:59am Jul 5, 2013 9:59am
next level coming up 8800.....
Trade what you see, not what you think!
  • #60,110
  • Jul 5, 2013 10:34am Jul 5, 2013 10:34am
Quoting OMGtrader
next level coming up 8800.....
fun will soon start wait for price 9035
  • #60,111
  • Jul 5, 2013 10:38am Jul 5, 2013 10:38am
Quoting seaman2
{quote} fun will soon start wait for price 9035

I had that target, but, extended to 9025 with the anticipation to break 90.
  • #60,112
  • Jul 5, 2013 10:44am Jul 5, 2013 10:44am
Quoting seaman2
{quote} fun will soon start wait for price 9035
i am in
As Above, So Below
  • #60,113
  • Jul 5, 2013 12:12pm Jul 5, 2013 12:12pm
AuD start Long trend ....................................
  • #60,114
  • Jul 5, 2013 12:25pm Jul 5, 2013 12:25pm
Quoting shami farooq
AuD start Long trend ....................................
What makes you choose this?

Others went long earlier, but, it appears to be still coming down.
  • #60,115
  • Jul 5, 2013 1:35pm Jul 5, 2013 1:35pm
AUS _ Always Gives you Chance to gain But people are always make Their own Point
I am with Long From 9018 TP9125 I want to place 3 More Trade from DIP
And I hope Monday i will Get Green pipXxX
  • #60,116
  • Jul 5, 2013 2:39pm Jul 5, 2013 2:39pm
Quoting Malik taxila
AUS _ Always Gives you Chance to gain But people are always make Their own Point I am with Long From 9018 TP9125 I want to place 3 More Trade from DIP And I hope Monday i will Get Green pipXxX
9018???
  • #60,117
  • Jul 5, 2013 2:42pm Jul 5, 2013 2:42pm
Quoting jimmij
{quote} 9018???

Yup Dude 9018 Dont B confused Iam on Future AUS_Sep Contract (Single Currency )
I just placed another Long From 9014 Lets see on Monday I hope AUS will make my Break Fast
Fantastic
  • #60,118
  • Jul 5, 2013 4:14pm Jul 5, 2013 4:14pm
Quoting shami farooq
AuD start Long trend ....................................
No, net yet, there has been no fundamental changes, range fills or accumulations phases to assume a reversal.

Look at the range we have broken out of on the weekly and the momentum. In order for price to reverse you need to get a buyers on board from about .82. This speaking purely from price action, not even thinking about the fundamentals.

The next bump is around .886 but the real action comes when we near that .8.
  • #60,119
  • Jul 5, 2013 6:05pm Jul 5, 2013 6:05pm
Quoting Tyoon
{quote} No, net yet, there has been no fundamental changes, range fills or accumulations phases to assume a reversal. Look at the range we have broken out of on the weekly and the momentum. In order for price to reverse you need to get a buyers on board from about .82. This speaking purely from price action, not even thinking about the fundamentals. The next bump is around .886 but the real action comes when we near that .8.
agree. keep shorting as long it goes up. this spectacular down trend will not change in one week. i consider the 3rd higher low on weekly as a possible trend change. so far we have not seen even ONE higher low on weekly. one may short this at any point and have higher probability of at least closing it at BE.
As Above, So Below
  • #60,120
  • Jul 5, 2013 7:00pm Jul 5, 2013 7:00pm
Quoting Tyoon
{quote} No, net yet, there has been no fundamental changes, range fills or accumulations phases to assume a reversal. Look at the range we have broken out of on the weekly and the momentum. In order for price to reverse you need to get a buyers on board from about .82. This speaking purely from price action, not even thinking about the fundamentals. The next bump is around .886 but the real action comes when we near that .8.
Thank God! there's someone on here making sense!! WTF is going on, with so many people desperate to go long already, there's ZERO indicators saying reversal, still trading nicely along the downward channel on Daily. They're counter-trend trading, pure & simple. I long the small squeezes up off but on small TF in order to setup more shorts.
I was sooooo confident of positive NFP data that I set a sell stop order pre NFP last night at a fairly conservative 0.9145 (SL at 0.9160) while it was hanging around the 0.9175 area with TP at .9010, then went to bed. Woke up this morning didn't quite get there but closed the trade for the weekend as it had remained reasonably steady at .9060. 85 pips while soundly asleep, not bad.
I'm convinced that US are fabricating data to manipulate market, especially Bernanke & cohorts lying about tapering QE, I'm currently of the belief it's not gonna happen. So I'm along for that ride until I see it begin to blow up in their faces.
I'm an Aussie, we aren't doing that well at the moment on many fronts, yet, but fundamentally we will become strong again long term. WHEN US, Euro,GBP etc crash hard there will be a lot of the world coming towards/back to investing AUD (AND GOLD!!!!) & I'll certainly be one of them with heavy longs, but that's not in the foreseeable future. Ride the wave down!
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