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AUD/USD

  • #60,661
  • Jul 23, 2013 8:37pm Jul 23, 2013 8:37pm
Quoting bogus
{quote} Price respected the lower trend line. Might get a break either way in 10 minutes with China news.

Aussie CPI came in lower than expected. Price action still chugging higher. Tell tell signs here.
Trade what you see, not what you think!
  • #60,662
  • Jul 23, 2013 8:37pm Jul 23, 2013 8:37pm
EA has broken 1.42 ....
FF journal: Peaks and Troffs
  • #60,663
  • Jul 23, 2013 8:38pm Jul 23, 2013 8:38pm
I would imagine that the rate cut expectation factored in expected CPI.
The coincidental success is more dangerous than the expected failure
  • #60,664
  • Jul 23, 2013 8:45pm Jul 23, 2013 8:45pm
Timber?
The coincidental success is more dangerous than the expected failure
  • #60,665
  • Jul 23, 2013 8:50pm Jul 23, 2013 8:50pm
Lets hope it dives all the way down and beyond the first support trend line

1 H Chart
Attached Image (click to enlarge)
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Too Much Is Never Enough
  • #60,666
  • Jul 23, 2013 8:51pm Jul 23, 2013 8:51pm
Quoting Neqrotik
Timber?
Not sure. I'm out. I'll wait for it to settle down.
FF journal: Peaks and Troffs
  • #60,667
  • Jul 23, 2013 8:55pm Jul 23, 2013 8:55pm
Yeah I was stopped out. And to be honest, this will be the last time I play headline like this again. Its always ended me red trying to play gyrating initial market reactions to market moving headline like this. And it shouldn't surprise me either. All the more reason why I should just stick to my plan.
The coincidental success is more dangerous than the expected failure
  • #60,668
  • Jul 23, 2013 9:05pm Jul 23, 2013 9:05pm
used the China data news in accumulating a little more....
Trade what you see, not what you think!
  • #60,669
  • Jul 23, 2013 9:06pm Jul 23, 2013 9:06pm
Quoting neqrotik
yeah i was stopped out. And to be honest, this will be the last time i play headline like this again. Its always ended me red trying to play gyrating initial market reactions to market moving headline like this. And it shouldn't surprise me either. All the more reason why i should just stick to my plan.
i think most of us learned that in early trading days , dont play with red news
  • #60,670
  • Jul 23, 2013 9:45pm Jul 23, 2013 9:45pm
Quoting Mad Russian
{quote} i think most of us learned that in early trading days , dont play with red news

yes, we learn to trade it for fun, , serious fun.
  • #60,671
  • Jul 23, 2013 11:49pm Jul 23, 2013 11:49pm
Short at 0.926 tp at 0.92, if 0.925 holds, i mght close it
Logics do not apply in FOREX
  • #60,672
  • Jul 24, 2013 2:57am Jul 24, 2013 2:57am
The trend line is well and truly broken. Both the 1 hour and 4 hour swings are down. Almost at my first TP.
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FF journal: Peaks and Troffs
  • #60,673
  • Jul 24, 2013 3:05am Jul 24, 2013 3:05am
Not convinced yet...still holding longs
  • #60,674
  • Jul 24, 2013 3:08am Jul 24, 2013 3:08am
Outnow
  • #60,675
  • Jul 24, 2013 3:08am Jul 24, 2013 3:08am
Quoting bogus
The trend line is well and truly broken. Both the 1 hour and 4 hour swings are down. Almost at my first TP. {image}
Yes.. Hammer down in daily & weekly.. Weekly slowly turn to bearish again.. Monthly still bearish
  • #60,676
  • Jul 24, 2013 3:11am Jul 24, 2013 3:11am
Quoting bskwak1124
Short at 0.926 tp at 0.92, if 0.925 holds, i mght close it
Closed early, at 0.922. But looking for another short position when there is a small retracement today, fall below 0.91 should be good to long. Friday and early next week, there might be low volatility and slow movement....
Logics do not apply in FOREX
  • #60,677
  • Jul 24, 2013 3:11am Jul 24, 2013 3:11am
Ahh that was so beautiful.

Very nice H4 pin bar. Fall off trend line. 9190 target hit. Pair could fall further for sure but for now I hope we get a nice pump and dump so I can sell again higher!


When TA goes right
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  • #60,678
  • Jul 24, 2013 3:17am Jul 24, 2013 3:17am
Adding another long @ .9211

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  • #60,679
  • Jul 24, 2013 3:20am Jul 24, 2013 3:20am
AUS_Sep its a realy Nic3 Morning for me with Green pipx I placed my Short at 9252 and Now
Green Pipx Big line


AUS_Sep
  • #60,680
  • Jul 24, 2013 3:33am Jul 24, 2013 3:33am
AUS_Sep Low 9155 and I placed my Long from 9115/ 9105/ 9085 Lets see
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