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AUD/USD

  • #61,861
  • Aug 7, 2013 10:37am Aug 7, 2013 10:37am
Quoting edindzeko
{quote} I am waiting for it to drop back to 90 and see how it reacts, then I will look to go long
I think 0.89851 would be vital for the bulls, if it can stay above it, 0.9136 should be the next big resistance (unless the employment change data is really bad).
  • #61,862
  • Aug 7, 2013 10:45am Aug 7, 2013 10:45am
http://i1116.photobucket.com/albums/...ps8bc4bd66.jpg

Next resistance .9034, if unable to stop it, we see .9126.
Employment news next, beware.
The true fact is market doesn't care, risk mgt is important.
  • #61,863
  • Aug 7, 2013 10:48am Aug 7, 2013 10:48am
its at daily resistance and a weekly pivot on my charts...
lets see how it goes...
  • #61,864
  • Aug 7, 2013 10:49am Aug 7, 2013 10:49am
Finding resistance at 38.2 fib from this big move downward
Attached Image (click to enlarge)
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  • #61,865
  • Aug 7, 2013 12:30pm Aug 7, 2013 12:30pm
.9 rejected again, but I am getting more bullish
When the facts change I change my mind, what do you do sir
  • #61,866
  • Aug 7, 2013 12:33pm Aug 7, 2013 12:33pm
Well welll welll...Aussie touchd 0.9020...
Too Much Is Never Enough
  • #61,867
  • Aug 7, 2013 12:36pm Aug 7, 2013 12:36pm
Quoting Nagy Attila
Well welll welll...Aussie touchd 0.9020...
Touching don't matter. It's whether or not it can close the deal.

"touched" is like when you brush against the hot girl in front of you at a concert to get a cheap feel. Closing the deal...well you know
When the facts change I change my mind, what do you do sir
  • #61,868
  • Aug 7, 2013 12:40pm Aug 7, 2013 12:40pm
Quoting Pip Anon
{quote} Touching don't matter. It's whether or not it can close the deal. "touched" is like when you brush against the hot girl in front of you at a concert to get a cheap feel. Closing the deal...well you know
you pervert!!!
  • #61,869
  • Aug 7, 2013 12:40pm Aug 7, 2013 12:40pm
Quoting Pip Anon
{quote} Touching don't matter. It's whether or not it can close the deal. "touched" is like when you brush against the hot girl in front of you at a concert to get a cheap feel. Closing the deal...well you know

Well I already closed the deal and do Enjoy the concert.And whit that hot girl We already live together sooo

GL
Too Much Is Never Enough
  • #61,870
  • Aug 7, 2013 12:42pm Aug 7, 2013 12:42pm
Quoting Nagy Attila
{quote} Well I already closed the deal and do Enjoy the concert.And whit that hot girl We already live together sooo GL
That's fine, bro. Good luck. You got your quick fix. I am looking for more than a one nighter with Aussie.

Quoting xandi
{quote} you pervert!!!




Don't act like you haven't tried :-p
When the facts change I change my mind, what do you do sir
  • #61,871
  • Aug 7, 2013 12:47pm Aug 7, 2013 12:47pm
Quoting Pip Anon
{quote} That's fine, bro. Good luck. You got your quick fix. I am looking for more than a one nighter with Aussie. {quote} Don't act like you haven't tried :-p

Closed the deal = Lucked the trade
Enjoy the concert=Letting the trade run

ANd the girl well we moved in togheter.

Anyway GL Mate

Cheers
Too Much Is Never Enough
  • #61,872
  • Aug 7, 2013 12:53pm Aug 7, 2013 12:53pm
Quoting Yuchen
{quote} I think 0.89851 would be vital for the bulls, if it can stay above it, 0.9136 should be the next big resistance (unless the employment change data is really bad).
Looking good so far, would have been a nice spot to open a long for some green pips.

I think is giving some validity to the bull move
  • #61,873
  • Aug 7, 2013 1:53pm Aug 7, 2013 1:53pm
Still no close above .9 --- but will Aussie have its day? Dollar pairs popped except poor little Aussie.
However, if it does close above prior to london, I will long it, use the 50 EMA as support and target .9050.

Worst case scenario, lose 15-20 pips.
When the facts change I change my mind, what do you do sir
  • #61,874
  • Aug 7, 2013 3:52pm Aug 7, 2013 3:52pm
long again today
Attached Image (click to enlarge)
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Sean Patel
  • #61,875
  • Aug 7, 2013 4:03pm Aug 7, 2013 4:03pm
AUD below .90 again
  • #61,876
  • Aug 7, 2013 4:05pm Aug 7, 2013 4:05pm
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last night ............

happy trading
Sean Patel
  • #61,877
  • Aug 7, 2013 4:08pm Aug 7, 2013 4:08pm
Quoting forexalien
{quote} 150 pips long for today's target..................? employment news tonight................ {image}
Can I ask, if you don't mind, how does the employment rate effect the currency? anyone?
  • #61,878
  • Aug 7, 2013 4:12pm Aug 7, 2013 4:12pm
Quoting Pac
{quote} Can I ask, if you don't mind, how does the employment rate effect the currency? anyone?

The forecast Employment change rate is 6.3K. If it is around that, such as between 5K-7K, there should be small movement or almost no significant change. If it is below 5K, the lower (or if it is negative), the more likely AUD/USD should go down. If it is above 7K, the higher, the more likely AUD/USD should go up.
  • #61,879
  • Aug 7, 2013 5:05pm Aug 7, 2013 5:05pm
Dont forget the Chinese TB too
Logics do not apply in FOREX
  • #61,880
  • Aug 7, 2013 5:27pm Aug 7, 2013 5:27pm
Quoting samirs
.88 or .92
Yes, either one. However avoid conflicting data, like this movement started last Friday, this pair has not been able to stay above 0.9 level for more than an hr. so even if aus data comes out strong, china data is bad, it might be another confusion movement
Logics do not apply in FOREX
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