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Aussie Trading Room and Cartoons Gallery

  • #33,441
  • Jul 25, 2013 12:46pm Jul 25, 2013 12:46pm
Imma ride this one up... +70pips so far
  • #33,442
  • Jul 25, 2013 12:54pm Jul 25, 2013 12:54pm
G'day Innersong,

Can I get your opinion? Do you reckon the gbp/aud and gbp/nzd can break their (substantial) supports? (I went short a bit late). What are you trading?
  • #33,443
  • Jul 25, 2013 12:57pm Jul 25, 2013 12:57pm
Gsbharaj, Edindzeko, or anyone else feel free to offer any opinions too.
  • #33,444
  • Jul 25, 2013 1:06pm Jul 25, 2013 1:06pm
Im still short Aussie ...I belive that here somwhere it has to come down and Im kepping my short untyil minimum profit...
Too Much Is Never Enough
  • #33,445
  • Jul 25, 2013 1:11pm Jul 25, 2013 1:11pm
You're short AUD/USD?
  • #33,446
  • Jul 25, 2013 1:12pm Jul 25, 2013 1:12pm
Quoting Didgeridoo
You're short AUD/USD?
yes I am
Too Much Is Never Enough
  • #33,447
  • Jul 25, 2013 1:12pm Jul 25, 2013 1:12pm
Quoting InnerSong
{quote} interesting, everyone sees what they want to... your chart shows it ranging consistently well within trendlines, yet for some reason breaking it on the last hop and tanking?
Later tonight I will show charts why it looks to be taking this move.............

I showed the drop and it's in the climb stage on the H4, this price action is on the back side of the last high it made and will retest the bottom again.

The longer TF's are mixed , the Daily is nearing a Top in the next week, should it not stay long , it will drop lower, larger charts give clues............
The More You Learn, The More You Earn.....
  • #33,448
  • Jul 25, 2013 1:22pm Jul 25, 2013 1:22pm
I reckon AUD/USD has a strong chance of lowering. Given that it seems that USD is currently oversold and AUD overbought. It seems you may have to wait little, but forex is 99.9% waiting anyway. I remember watching the AUD/USD pair about 2 years ago feeling it was WAY overpriced. I told my former broker that the AUD/USD would absolutely fall, and he sort of shrugged me off. Anyway, I'm hitting the sack. Good luck trading everyone.
  • #33,449
  • Jul 25, 2013 1:38pm Jul 25, 2013 1:38pm
Quoting Didgeridoo
I reckon AUD/USD has a strong chance of lowering. Given that it seems that USD is currently oversold and AUD overbought. It seems you may have to wait little, but forex is 99.9% waiting anyway. I remember watching the AUD/USD pair about 2 years ago feeling it was WAY overpriced. I told my former broker that the AUD/USD would absolutely fall, and he sort of shrugged me off. Anyway, I'm hitting the sack. Good luck trading everyone.
Thank's

Have a good sleep Mate
Too Much Is Never Enough
  • #33,450
  • Jul 25, 2013 2:14pm Jul 25, 2013 2:14pm
Quoting Didgeridoo
G'day Innersong, Can I get your opinion? Do you reckon the gbp/aud and gbp/nzd can break their (substantial) supports? (I went short a bit late). What are you trading?

I do think GBP/AUD can break that support but it may take another couple weeks (RBA meeting could be a catalyst). I'm short EURAUD sitting at BE now, and still holding long AUDUSD from recent low. I have used a separate account to sell some of these rallies though. Holding these 2 larger positions to collect some carry
  • #33,451
  • Jul 25, 2013 2:37pm Jul 25, 2013 2:37pm
Quoting Didgeridoo
G'day Innersong, Can I get your opinion? Do you reckon the gbp/aud and gbp/nzd can break their (substantial) supports? (I went short a bit late). What are you trading?
honestly, I dunno. I dont play those pairs. I like GJ and AU. I mostly hang out in geppys geppy thread. figured I'd see what ya'll were up to in here though.
  • #33,452
  • Jul 25, 2013 2:40pm Jul 25, 2013 2:40pm
good run here. collected 100 pips. out!
  • #33,453
  • Jul 26, 2013 1:54pm Jul 26, 2013 1:54pm
Took a long AUDNZD @1.1465 , 1.5 lot, lets see.
Looks good.
I'll shop after the drop
  • #33,454
  • Jul 26, 2013 2:26pm Jul 26, 2013 2:26pm
Quoting Nagy Attila
Im still short Aussie ...I belive that here somwhere it has to come down and Im kepping my short untyil minimum profit...

I Closed my short on Aussie ...I dont keep position's over the weekend if the profit are is not larger then 100 pip
the thing if the picture is right and you still believe in the outcome then you can reenter your position afther market open whit a smal difference...

GL and have a nice weekend

Cheer's
Too Much Is Never Enough
  • #33,455
  • Jul 26, 2013 8:37pm Jul 26, 2013 8:37pm
This is a Weekly Chart..........

I believe we are in the retrace of wave 4, before one more wave down to complete the cycle......................
Attached Image (click to enlarge)
Click to Enlarge Name: 7_26_13 aud 830 pm friday week wave 4.JPG Size: 258 KB
The More You Learn, The More You Earn.....
  • #33,456
  • Jul 28, 2013 6:51pm Jul 28, 2013 6:51pm
Daily is mixed...............nearing a wedge top.......

H4 has limited upside............
Attached Image (click to enlarge)
Click to Enlarge Name: 7_28_13 aud day mixed 645pm sunday.JPG Size: 216 KB
The More You Learn, The More You Earn.....
  • #33,457
  • Edited 3:43am Jul 29, 2013 2:51am | Edited 3:43am
nice thread.. i have been following this thread for couple of days now..
been learning alot about trading since my experience on trading is only a couple of weeks..

happy trading everyone..
  • #33,458
  • Jul 29, 2013 6:41am Jul 29, 2013 6:41am
Quoting jhaydee
nice thread.. i have been following this thread for couple of days now.. been learning alot about trading since my experience on trading is only a couple of weeks.. happy trading everyone..
Welcome Jhaydee,

Please use demo account to start your journey as you will make many mistakes, and then move into real account trading micro's 0.01 lot size until you build confidence in your own choices.

Babypips.com Click School in the site, is a great place to start, and reading and learning is your only avenue to being great. Lot of seat time in the beginning also...........
The More You Learn, The More You Earn.....
  • #33,459
  • Jul 29, 2013 8:10am Jul 29, 2013 8:10am
Quoting forexalien
{quote} Welcome Jhaydee, Please use demo account to start your journey as you will make many mistakes, and then move into real account trading micro's 0.01 lot size until you build confidence in your own choices. Babypips.com Click School in the site, is a great place to start, and reading and learning is your only avenue to being great. Lot of seat time in the beginning also...........

WOW Babypips.com...that was a long time ago...

Hey Alien you'r OK
Too Much Is Never Enough
  • #33,460
  • Jul 29, 2013 11:30am Jul 29, 2013 11:30am
Quoting Nagy Attila
{quote} I Closed my short on Aussie ...I dont keep position's over the weekend if the profit are is not larger then 100 pip the thing if the picture is right and you still believe in the outcome then you can reenter your position afther market open whit a smal difference... GL and have a nice weekend Cheer's

It looks like it's coming down nicely...Im sidlined on the Aussie for the moment and Im looking for the outcome outpointed on the chart below

Hmmm it looks like since I joined FF I had 3 short position outpointed and all three went as planed...

1 H Chart below
Attached Image (click to enlarge)
Click to Enlarge Name: 80.png Size: 57 KB
Too Much Is Never Enough
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